Diabetic Foot Ulcers Market 2021 Emerging Trends, CAGR Status, Growth, Analysis and Forecast to 2026

Foot ulceration continues to be one of the most commonly seen conditions affecting a sizeable patient population of diabetes mellitus. The condition typically develops at least once post-diagnosis and requires critical attention for effective treatment. With the rampantly growing diabetes patient pool worldwide, demand for effective treatment for diabetic foot ulcers is projected to witness a consistent rise in future. Fairfield Market Research in its new report provides a detailed analysis of the growth of global diabetic foot ulcers market would unfold in future.

The unprecedented rate of diabetes prevalence, and an increasing number of prediabetic patients is likely to fuel market growth in addition to an expanding ageing population with more than one comorbidity. Remarkably growing public knowledge, and awareness about prediabetic conditions, diabetes, and all the associated conditions including ulceration is likely to significantly contribute toward the growth of diabetic foot ulcers market. Growing rate of early detection of the presence of any bruises to accelerate diagnosis and treatment is also expected to drive market expansion.

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COVID-19 Pandemic Held a Harsh Impact on Diabetic Foot Ulcers Treatment

Diabetic foot ulcers, though fall under the critical care category, had to face the heat of COVID-19 outbreak during the initial months of the pandemic. Foot ulcers necessarily demand hands-on treatment by specialists but had to inevitably take a backseat during the peak period of the pandemic to prevent the spread of infection at hospitals, and clinics. The entire chronic wound care sector faced a heavy setback, although temporarily, with a cascading effect on diabetic foot ulcers treatment as well. This scenario however caused a dramatic increase in the risk of potential limb amputations due to delayed treatment. Industry thus has recorded a drastic rise in emergency diabetic foot management service over the recent past. Diabetic foot ulcers marker is currently witnessing rapid recovery.

Diabetic Foot Ulcers Market to Benefit from Growing Research, and Positive Clinical Trial Outcomes

While key companies competing in diabetic foot ulcers landscape continue to prioritise the introduction of novel therapeutics, they have been consistently focusing on augmented research investments. The market has recently witnessed an entry of some break-through next-generation treatment options for diabetic foot ulcers that are likely to provide a strong impetus to diabetic foot ulcers market. The market continues to gain from some of the most influential innovations like extracellular matrix proteins, bioengineered skin substitutes, and miscellaneous therapeutic agents. Moreover, several clinical trials, i.e., that of Lamin gel, Dermagraft, and Apligraf have delivered positive outcomes, and many are in the pipeline.

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Key Market Players in Global Diabetic Foot Ulcers Treatment Space

The Fairfield Market Research report would include a section dedicated to thorough competition analysis that would reveal some of the exclusive financial, and strategic insights about some of the most important companies in global diabetic foot ulcers market. 3M Healthcare, Medtronic Plc, Coloplast A/S, B. Braun Melsungen AG, Smith & Nephew plc, Mölnlycke Health Care AB, Derma Sciences Inc., Organogenesis, Inc., Cardinal Health., Acelity L.P. Inc., Sigvaris Inc., Osiris, Acelity L.P. Inc., BSN Medical GMBH, Medline Industries, Inc., Mölnlycke Health Care AB, and ConvaTec Group Plc constitute some of the prominent companies profiled in the report. Some other key players include Orpyx Medical Technologies Inc, Tissue Regenix, Wuhan Huawei Technology Co., Ltd., Changzhou Recoo Healthcare Co., Ltd., and Huizhou Foryou Medical Devices Co., Ltd.

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