Diabetic Foot Ulcers and Pressure Ulcers Market (Type of Wound - Diabetic Foot Ulcers (Grade 0, Grade 1, Grade 2, Grade 3, Grade 4, and Grade 5) and Pressure Ulcers (Stage 1, Stage 2, Stage 3, and Stage 4); Treatment Type - Wound Care Dressings (Surgical Debridement, Foam Dressings, Hydrocolloid Dressings, Film Dressings, Alginate Dressings, and Hydrogel Dressings), Bio-actives (Skin Grafts & Skin Substitutes and Growth Factors), and Wound Care Devices (Negative Pressure Wound Therapy and Ultrasound Therapy); End Users - Hospital Inpatient Settings, Hospital Outpatient Settings, Community Health Centers, and Home Healthcare) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Albany, NY -- (SBWIRE) -- 07/18/2017 -- The increasing incidence of these chronic wounds, has been exerting huge cost burden on the healthcare systems around the world, including direct costs due to treatment, hospitalizations, and nursing costs, along with indirect costs due to lack of productivity and loss of working days. Various agencies, and government bodies around the world, have taken initiatives, set up treatment and prevention guidelines for the control of increasing incidence of chronic wounds and reducing the cost burden. The global diabetic foot ulcers and pressure ulcers market stood at US$2.8 bn in 2015. Rising at a CAGR of 6.6% between 2016 and 2024, the market is forecast to reach US$4.9 bn by the end of 2024.
The market overview section of the report comprises qualitative analysis of the overall diabetic foot ulcers and pressure ulcers market considering the factors determining the market dynamics such as drivers, restraints and opportunities, along with Porter's five force analysis and market attractiveness analysis. In addition, such as market opportunity analysis for type of wound, treatment types, and end users, and key industry developments has also been provided. Key industry developments include the major events occurred in past decade and are expected to occur during the forecast period which are likely to affect the market dynamics.
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The global diabetic foot ulcers and pressure ulcers market has been segmented on the basis of type of wound, treatment type, and end users. On the basis of type of wound, the global diabetic foot ulcers and pressure ulcers market is categorized as diabetic foot ulcers (grade 0, grade 1, grade 2, grade 3, grade 4, and grade 5), and pressure ulcers (stage 1, stage 2, stage 3, stage 4). Moreover, on the basis of treatment type, the global diabetic foot ulcers and pressure ulcers market has been segmented into wound care dressings, bio-actives and wound care devices. Furthermore, on the basis of end users, the global diabetic foot ulcers and pressure ulcers market has been classified as hospital inpatient settings, hospital outpatient settings, community health centers, home healthcare, and others. The market for these types of wounds, treatment types and end users has been extensively analyzed on the basis of factors such as usage pattern, sales revenue, geographic presence and technological developments. The market size and forecast in terms of revenue (USD million) for each of these segments have been provided for the period 2014 to 2024, considering 2015 as the base year. The report also provides the compounded annual growth rate (CAGR) for each segment for the forecast period 2016 to 2024.
Geographically, the diabetic foot ulcers and pressure ulcers market has been classified into five segments namely; North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The market size and forecast for each region has been provided for the period 2014 to 2024, in terms of type of wound, treatment type and applications, along with the CAGR (%) for the forecast period 2016 to 2024.
The report also provides a section on the competitive landscape, wherein the market share analysis of leading players in the global diabetic foot ulcers and pressure ulcers market, in terms of percentage share in 2015 has been discussed. A list of recommendations has also been included for new entrants as well as existing market players to help them establish a strong presence in the market and increase their market share.
The report concludes with the profiles of major players in the global diabetic foot ulcers and pressure ulcers market such as 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., and BSN Medical GMBH, among others. The major market players are evaluated on various parameters such as company overview, financial overview, product portfolio, business strategies and recent developments.
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