Diabetic Foot Ulcers and Pressure Ulcers Market (By Type of Wound, Treatment Type, and End User) is Estimated to Reach 5.2 Billion by 2025

Industry Trend Analysis
The global diabetic foot ulcers and pressure ulcers market is estimated to be around 5.2 billion by 2025. This can be attributed to number of factors such as rise in prevalence of chronic diseases such as diabetic foot ulcers, increasing geriatric population, and increase in obese population globally. Diabetic foot ulcers and pressure wounds are chronic wounds affecting millions of people suffering from diabetes worldwide. According to California Podiatric Medical Association, around 15% of diabetic people suffer from foot ulcers in their lifetime. The escalating prevalence of diabetes worldwide will further increase the chances of diabetic people developing foot and pressure ulcers. Pressure ulcers often affect patients affected by chronic diseases requiring longer hospital stays with lack of mobility. However, high cost of diabetic and pressure ulcer treatment is expected to hamper the market growth during the forecast period.

Type of Wound Outlook and Trend Analysis
Diabetic foot ulcers segment accounted for the largest share of the global market in 2016 and is projected to endure the ascendency during forecast period, owing to growing prevalence of diabetes, high risk of developing foot ulcers and inadequate preventive measures taken by the patients.

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Treatment Type Outlook and Trend Analysis
Wound care dressing segment dominated the global market in 2016, owing to increasing awareness regarding wound care management. Negative pressure wound therapy segment is expected to witness favorable growth during forecast period owing to its advantages in effective healing of transplanted skin, reduced post treatment infection complications and reduced hospital stay.

End User Outlook and Trend Analysis
On the basis of end user, hospital inpatient settings segment dominated the global market in 2016 and is projected to continue its lead over the forecast period. This significant market share can be attributed to the primary need for professional medical practitioners’ intervention to diagnose and treat the chronic wounds.

Regional Outlook and Trend Analysis
North America dominated the global diabetic foot ulcers and pressure ulcers market. This can be attributed to increasing geriatric population susceptible to diabetic foot ulcers, rise in number of procedures performed for the treatment of these diseases in the North American region and high risk of acquiring pressure ulcers due to prolonged hospital stay.

Asia-Pacific is anticipated to record highest CAGR during forecast period owing to the presence of large diabetic patient pool at high risk of developing diabetic foot ulcers, increase in disposable income of people and increase in demand for minimal surgical procedures requiring shorter hospital stay.

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Competitive Insights
Major players in diabetic foot ulcers and pressure ulcers market focus on product development for enhanced wound care management. For instance, in August 2016, ConvaTec, Inc. launched Avelle Negative Pressure Wound Therapy (NPWT) System that delivers the therapy in canister-less system which allows flexibility across various care settings.

Some of the key players operating in this market are Coloplast A/S, Medtronic Plc., Molnlycke Health Care AB, B. Braun Melsungen AG, Organogenesis, Inc., Medtronic Plc., Medline Industries, Inc., BSN Medical GMBH, Molnlycke Health Care AB, Acelity L.P. Inc., 3M Healthcare, Smith & Nephew Plc., and ConvaTec, Inc.

Market Opportunities
The future growth of the market lies in the development of advanced wound care management devices and systems targeted specifically towards diabetic foot ulcers and pressure ulcers. Products that efficiently treat such chronic wounds without any associated side effects will drive the future growth of the diabetic foot ulcers and pressure ulcers market.

Diabetic Foot Ulcers and Pressure Ulcers market Segmentation

By Type of Wound:
Diabetic Ulcers
Grade 0
Grade 1
Grade 2
Grade 3
Grade 4
Grade 5

Pressure Ulcers
Stage 1
Stage 2
Stage 3
Stage 4

By Treatment Type:
Wound Care Dressings
Foam Dressings
Film Dressings
Hydrocolloid Dressings
Surgical Debridement
Hydrogel Dressings
Bio-actives
Growth Factors
Skin Grafts and Skin Substitutes
Others

Wound Care Devices
Negative Pressure Wound Therapy
Ultrasound Therapy
Others

By End User:
Hospital Inpatient Settings
Hospital Outpatient Settings
Community Health Centers
Home Healthcare
Others

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By Region:
• North America
o U.S
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
• Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others

Some of the key questions answered by the report are:
• What was the market size in 2016 and forecast from 2017 to 2025?
• What will be the industry market growth from 2017 to 2025?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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