Diabetic Foot Ulcers and Pressure Ulcers Market is estimated to reach USD 3,305.1 million by 2030 : Cognitive Market Research

Market Overview:
What are Diabetic foot ulcers and pressure ulcers?
- Diabetic foot ulcers and pressure ulcers are two types of skin wounds that can cause significant health problems if left untreated.
A diabetic foot ulcer is typically caused by nerve damage and poor blood flow to the feet, which can result in a loss of sensation and an inability to feel pain. As a result, people with diabetes may not be aware that they have a foot ulcer until it becomes severe. Treatment for diabetic foot ulcers usually involves wound care, including cleaning the wound and removing any dead tissue, as well as taking steps to improve blood flow to the area.
Pressure ulcers, also known as bedsores or pressure sores, are caused by prolonged pressure on the skin, usually in areas where bones are close to the skin surface. People who are bedridden, wheelchair-bound, or have limited mobility are at a higher risk of developing pressure ulcers. Treatment for pressure ulcers typically involves relieving pressure on the affected area, keeping the wound clean and dry, and applying topical dressings to promote healing.

Summary:
- The Global Diabetic Foot Ulcers and Pressure Ulcers Market size stood at USD 2,241.5 million in 2022 and will touch the mark of USD 3,305.1 million by 2030. The global market is expected to expand at a CAGR of 4.8% between 2023 and 2030.

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Market Dynamics:
• What are the driving factors for the diabetic foot ulcers and pressure ulcers market?
The growing incidence of diabetes, which is a major risk factor for foot ulcers, is a significant driver of the global diabetic foot ulcers market. The increasing aging population is also contributing to the growth of the market, as older adults are more susceptible to foot ulcers and pressure ulcers due to age-related changes in skin and decreased mobility. Advances in wound care products, such as advanced dressings and negative pressure wound therapy systems, are driving growth in the market by improving the effectiveness of treatment. The increasing healthcare expenditure, particularly in developing countries, is expected to boost the demand for wound care products and drive the growth of the market. Governments and healthcare organizations are increasingly focusing on preventing and treating foot ulcers and pressure ulcers, which is expected to further drive market growth. Increasing public awareness about the risk factors for foot ulcers and pressure ulcers and the importance of early detection and treatment is also contributing to the growth of the market.

Diabetic Foot Ulcers and Pressure Ulcers Market Segmentation
Type
• Wound Care Dressings
• Bio actives
• Wound Care Devices
• Others

Application
• Hospital Inpatient Settings
• Hospital Outpatient Settings
• Community Health Centres
• Home Healthcare
• Others
Based on applications, the market is segmented into Hospital Inpatient Settings, Hospital Outpatient Settings, Community Health Centres, Home Healthcare, and Others. In the global diabetic foot ulcers and pressure ulcers market, the Hospital inpatient settings segment has the highest market share. This segment is expected to have a significant market share due to the high incidence of foot ulcers and pressure ulcers in hospitalized patients. These settings include acute care hospitals, rehabilitation hospitals, and long-term care hospitals, and they often offer specialized wound care services to manage foot ulcers and pressure ulcers.

The Major Players in Diabetic Foot Ulcers and Pressure Ulcers Market are:
3M Healthcare, Smith Nephew Plc, Acelity L.P. Inc, ConvaTec Inc., Molnlycke Health Care AB, Coloplast A/S, Medtronic Plc, B. Braun Melsungen AG, Organogenesis Inc., Medline Industries Inc., BSN Medical GMBH

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Regional Analysis:
- Which region is dominating the global Diabetic foot ulcers and pressure ulcers market?
On the basis of region, North America is dominating the global diabetic foot ulcers and pressure ulcers market. The North American market for diabetic foot ulcers and pressure ulcers is expected to be the largest market globally, driven by a high prevalence of diabetes, favorable reimbursement policies, and the presence of major market players in the region.
The United States is the largest market for diabetic foot ulcers and pressure ulcers in North America, due to the high incidence of diabetes in the country, a large aging population, and a high level of awareness about wound care management. According to the Centers for Disease Control and Prevention (CDC), over 34 million Americans have diabetes, and an estimated 1 in 4 adults with diabetes have a diabetic foot ulcer at some point in their lives.

Diabetic Foot Ulcers and Pressure Ulcers Industry News
• Bangalore-based AxioBiosolutions got FDA clearance for its chitosan-based hemostat (March 2023)
Bangalore-based AxioBiosolutions got FDA clearance for its chitosan-based hemostat for controlling severe surgical bleeding. The company claimed that its latest innovation, dubbed Ax-Surgi Surgical Hemostat, will enable surgeons to control severe bleeding and prevent blood loss in many difficult surgeries. Not just in surgical wounds and traumatic injuries, this Chitosan-Based Hemostat can be used for temporary control of internal organ space bleeding, it stated.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Diabetic Foot Ulcers and Pressure Ulcers Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Diabetic Foot Ulcers and Pressure Ulcers Market Segmentation
1.5.1 Diabetic Foot Ulcers and Pressure Ulcers Market Regional Fragmentation
1.5.1 Diabetic Foot Ulcers and Pressure Ulcers Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Diabetic Foot Ulcers and Pressure Ulcers Market
Chapter 4 Global Diabetic Foot Ulcers and Pressure Ulcers Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Diabetic Foot Ulcers and Pressure Ulcers Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Diabetic Foot Ulcers and Pressure Ulcers Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Diabetic Foot Ulcers and Pressure Ulcers Market Regional Analysis
Chapter 12 North America Diabetic Foot Ulcers and Pressure Ulcers Market Outlook (2018 - 2030)
Chapter 13 Europe Diabetic Foot Ulcers and Pressure Ulcers Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Diabetic Foot Ulcers and Pressure Ulcers Market Outlook (2018 - 2030)
Chapter 15 Latin America Diabetic Foot Ulcers and Pressure Ulcers Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Diabetic Foot Ulcers and Pressure Ulcers Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)

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