Press release
Europe Diabetic Foot Ulcers Market Share, Growth, Trends, Demand, Forecast Report 2023-2030
Europe Diabetic Foot Ulcers Market Overviewdiabetes foot ulcers are a common condition in diabetes people and a major health concern globally. Diabetes-related foot ulcers are thickened sores under the ankle. It is caused by irritated or injured feet as a result of minor trauma or pressure, as well as neuropathic and vascular abnormalities, impaired circulation, and excessive blood sugar.
Market drivers include rising diabetes incidence in Europe, government measures to combat diabetes, the existence of important market players in Europe, and advances by them that will fuel market growth throughout the projected period.
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Market Dynamics
Diabetes prevalence and government efforts are expected to fuel market expansion in Europe.
Diabetes cases are increasing in Europe, and government attempts to combat diabetes are driving market expansion throughout the projection period. According to the WHO, there are more than sixty million individuals in the European Region aged 25 and above who have diabetes. Furthermore, according to the International Diabetes Federation, there will be over 61 million diabetics and 1.1 million diabetic fatalities in 2021, with over USD 189 billion spent on diabetes. Moreover, the number of individuals with diabetes is predicted to reach 67 million by 2030 and 69 million by 2045, representing a 13% rise.
Furthermore, in July 2022, the European Parliament adopted a Motion for Resolution on diabetes, with the goal of focusing on the 170,000 children and 32 million adults living with the disease in the European Union (EU), as well as the millions more on their way to developing it and re-designing health systems to ensure resilience, improve EU citizens' quality of life, and reduce inequalities. According to the study, the increased incidence of diabetes and government efforts for better diabetes care in the European Union would drive the Europe diabetic foot ulcer market over the projected period.
Market Segmentation
The Europe Diabetic Foot Ulcers Market is segmented based on product type, ulcer type, and end user.
By Product Type
• Wound Care Dressing
• Biologics
• Others
By Ulcer Type
• Neuropathic Ulcer
• Neuro-Ischemic Ulcers
By End-User
• Hospitals
• Clinics
• ASCs
• Homecare Setting
Competitive Landscape
Key players profiled in the Europe Diabetic Foot Ulcers Market include ConvaTec, Inc., Acelity L.P., Inc., 3M Healthcare, Coloplast Corp., Smith & Nephew Plc, B Braun Melsungen AG, Medline Industries, Inc., Organogenesis, Inc., Molnlycke Health Care AB, and Medtronic.
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