WILMINGTON, DE / ACCESSWIRE / December 1, 2022 / Transparency Market Research Inc. – Healthcare providers are carefully evaluating diabetic ulcer treatment plans to achieve the best outcomes. The focus has paved way to commercialization of many technologically advanced wound care products and technologies used in ulcer management, enriching the revenue streams in diabetic ulcers treatment market. The market is projected to expand at CAGR of over 7.0% during 2018 – 2026.

Transparency Market Research inc., Thursday, December 1, 2022, Press release picture

Transparency Market Research inc., Thursday, December 1, 2022, Press release picture

Advancements in topical therapies for diabetic ulcers has led to massive demand for diabetic ulcer treatment ointment. Of note, new approaches in managing wound care in diabetic foot ulcers are underpinning new growth opportunities for market players. A comprehensive management algorithm for diabetic foot ulcers will increasingly influence future market of diabetic ulcers treatment. Emphasis on appropriate infection control strategy will expand the horizon for stakeholders in the diabetic ulcers treatment market.

Key Findings of Study

  • Widespread Adoption of Wound Care Products Steering Revenue Growth: Over the years, wound care products have made considerable advancements, influencing the decision making in treatments. There is a massive demand for advanced wound care dressings and devices for the treatment of diabetic ulcers and the complications, boosting the diabetic ulcers treatment market. Furthermore, rising pool of elderly in the patient population is spurring the uptake of topical agents. Overall market prospects for treatments in geriatrics is notably supported by favorable health care reimbursement regulations in the developing countries.

  • Rising Demand from Hospitals for Inpatient Settings Creates Massive Avenues: Hospitals accounted for highly lucrative market prospects for diabetic ulcers treatments in 2017. Of note, the TMR study found that inpatient held a major share in the global market of all the end-use segments in the year. Rise in patient population and the demand for technologically advanced products for chronic diabetic ulcers have unlocked incredible prospects.

  • Demand for Diabetic Foot Ulcers Treatments Underpins Abundant Opportunities: Diabetic foot ulcers are the most common complication and have led to hospitalizations. Prevalence of complications in the patients has spurred the demand for treatments, thus underpinning enormous growth opportunities in the market. Growing understanding of pathophysiology of diabetic foot ulcers has reinforced product pipelines in recent years.

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Diabetic Ulcers Treatment Market: Drivers

  • Prevalence of diabetic ulcers in patients with diabetes mellitus is a key driving factor for demand for treatments. Of note, awareness of numerous complications of diabetic foot ulcers has spurred need for effective treatments.

  • Health systems worldwide are geared toward reducing the health and economic burden of chronic diseases, reinforcing advancements in healthcare infrastructure. This acts a crucial underpinning of the diabetic ulcers treatment market growth.

Diabetic Ulcers Treatment Market: Regional Growth Dynamics

  • North America held a major market share in 2017 while Europe was estimated to be a mature regional market in the same year.

  • Growth of the North America market is propelled by high prevalence of diabetes mellitus in the regional population. Adoption of advanced wound care devices and expansion of product portfolio by globally prominent companies have fueled revenue generation.

  • Asia Pacific was projected to be a rapidly emerging region in diabetic ulcers treatment market. Early diagnosis of chronic and comorbid conditions in diabetics and awareness of affordable products effective in ulcer management are enriching the market prospects.

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Competition Landscape

Key players in the diabetic ulcers treatment market are keen on leveraging synergies of collaborations to develop and commercialize advanced products.

Some of the key market players are ConvaTec, AcelityL.P., Inc., AcelityL.P., Inc., B. Braun Melsungen AG, Cardinal Health, Essity Aktiebolag, Hill-Rom Holdings, Inc., Integra Life Sciences Corporation, and Smith & Nephew plc.

Diabetic Ulcers Treatment Market Segmentation

Ulcer Type

  • Foot Ulcer

    • Neuropathic Ulcer

    • Ischemic Ulcers and Neuro-Ischemic Ulcer

  • Mouth Ulcer

  • Skin Ulcer

  • Corneal Ulcer

  • Others

Treatment Type

  • Wound Care Dressings

    • Antimicrobial Dressings

    • Foam Dressings

    • Film Dressings

    • Alginate Dressings

    • Hydrogel Dressings

    • Other Dressings

  • Wound Care Devices

    • Negative Pressure Wound Therapy (NPWT)

    • Ultrasound Therapy

    • HBOT and Electromagnetic Therapy

  • Active Therapies

    • Skin Grafts & Substitutes

    • Growth Factors

    • Hemostatic Agents and Sealants

  • Others

    • Pressure Relief Devices

    • Traditional Wound Care Products

    • Others

Grade

  • Grade 1

  • Grade 2

  • Grade 3

  • Grade 4

  • Grade 5

End-user

  • Hospital Inpatient Settings

  • Hospital Outpatient Settings

  • Community Health Centers

  • Home Health Care

Region

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • Italy

    • France

    • Spain

    • Russia

    • Rest of Europe

  • Asia Pacific

    • India

    • China

    • Japan

    • Australia & New Zealand

    • Rest of Asia Pacific

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Middle East & Africa

    • GCC Countries

    • South Africa

    • Israel

    • Rest of Middle East & Africa

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