Overview
Searching for your content. In-Language News Contact Us 8-76-0942 from 8 AM - 10 PM ET News provided byAug 25, 2022, 10:30 ETShare this articleSAN FRANCISCO, Aug. 25, 2022 /PRNewswire/ - The global diabetic fot ulcer treatment market size is expected to reach USD 7.7 billion by 2030, registering a CAGR of 5.9% from 2022 to 2030, acording to a new report by Grand View Research, Inc.
Key Information
Diabetes is one of the major causes of amputation, blindnes, stroke, end-stage renal failure, kidney failure, and heart atacks in this region. Acording to the International Diabetes Federation, ~6 milion people were sufering from diabetes in Europe in 2017. The number is expected to increase to ~81 milion 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.Key Industry Insights & Findings from the report:Read 125 page ful market research report, "Diabetic Fot Ulcer Treatment Market Size, Share & Trends Analysis Report By Treatment (Biologics, Wound Care Dressings), By Ulcer Type (Neuro-ischemic, Ischemic, Neuropathic), By End-use, And Segment Forecasts, 2022 - 2030", published by Grand View Research.Diabetic Fot Ulcer Treatment Market Growth & TrendsThe 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 cels, and other anti-diabetic drugs. These agents help reduce hyperglycemia, increase oxygenation and circulation, and repair lost tisues. Therefore, they are increasingly being used for the management of wounds in diferent stages and are considered to be ideal for DFU treatment.
Summary
Wound care Dressings held the second-largest revenue share in 2021, folowed by therapy devices and antibiotic medications.Market players are constantly developing new and improved products to ensure qu