The global diabetic foot ulcer treatment market size is expected to reach USD 7.77 billion by 2030, registering a CAGR of 5.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. Diabetes is one of the major causes of amputation, blindness, stroke, end-stage renal failure, kidney failure, and heart attacks in this region. According to the International Diabetes Federation, ~66 million people were suffering from diabetes in Europe in 2017. The number is expected to increase to ~81 million by 2045. The mortality rate associated with DFU is ~5% in the first 12 months and increases up to 42% by the end of 5 years.
Many adjuvant therapies such as nonsurgical debridement agents, dressings and topical agents, oxygen therapies, negative pressure wound therapy, acellular bioproducts, human growth factors, energy-based therapies, and systemic therapies are said to effectively improve and cure DFU. Recent studies suggest that the inhibition of detrimental proteinase MMP-9 enzyme allows the body to heal the wound at a quicker rate. Sedentary lifestyle, poor GDP expenditure on healthcare, unhealthy food habits, and poor reimbursement scenarios in the Asian region are the factors responsible for the high growth of diabetes in this region. Hence, numerous ill effects of DFU are observed in the Asian region.
The biologics segment held the largest revenue share in 2021 and is expected to grow at the highest rate during the forecast period. Biologics include growth factors [such as Vascular Endothelial Growth Factor (VEGF) and Platelet-Derived Growth Factor (PDGF)], stem cells, and other anti-diabetic drugs. These agents help reduce hyperglycemia, increase oxygenation and circulation, and repair lost tissues. Therefore, they are increasingly being used for the management of wounds in different stages and are considered to be ideal for DFU treatment. Wound care dressings held the second-largest revenue share in 2021, followed by therapy devices and antibiotic medications.
Market players are constantly developing new and improved products to ensure quicker healing time for DFU. Companies like ConvaTec, Inc.; Acelity L.P. Inc.; 3M Healthcare; Coloplast Corp.; and Smith & Nephew Plc. are among the leaders in this market. Despite the Covid-19 outbreak, these players reported an increase in demand for their wound management products due to the increased complications of diabetic patients suffering from Covid-19 infection. The market was said to increase at a steady rate in 2021 as Covid-19 treated patients witnessed a rise in sugar levels leading to the onset of diabetes. For instance, the overall proportion of diabetic patients with Covid-19 ranged from 5% - 30% in Italy in 2020. Further, Smith and Nephew reported the sales of its newly launched wound healing product, PICO 7, to cross the 1 million mark in 2020. Hence, the market grew dramatically in 2020 and is estimated to stabilize during the forecast period.
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By treatment, the biologics segment captured the largest revenue share in 2021 owing to its reduced wound healing time and increased platelet formation efficiency
Based on ulcer type, the neuro-ischemic ulcers segment held the dominant revenue share in 2021
The hospitals end-use segment accounted for the second-largest revenue share in 2021 due to the increased adoption rate of treatment and highly experienced staff
North America grabbed the largest revenue share in 2021 due to the presence of market players and improved treatment cost and reimbursement scenario
Grand View Research has segmented the global diabetic foot ulcer treatment market based on treatment, ulcer type, end-use, and region:
Diabetic Foot Ulcer Treatment Outlook (Revenue, USD Million, 2018 - 2030)
Wound Care Dressings
Negative Pressure Wound Therapy
Diabetic Foot Ulcer Treatment Ulcer Type Outlook (Revenue, USD Million, 2018 - 2030)
Diabetic Foot Ulcer Treatment End-use Outlook (Revenue, USD Million, 2018 - 2030)
Ambulatory Imaging Center
Diabetic Foot Ulcer Treatment Regional Outlook (Revenue, USD Million, 2018 - 2030)
Middle East & Africa
List of Key Players of Diabetic Foot Ulcer Treatment Market
Acelity L.P., Inc.
Smith & Nephew Plc
B Braun Melsungen AG
Medline Industries, Inc.
Molnlycke Health Care AB
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