The global diabetic ulcer treatment market size is projected to reach USD 13.22 billion by 2026. Recent advancements in treatment options associated with the disease will have a positive impact on the growth of the market. According to a published report, titled “Diabetic Ulcer Treatment Market Size, Share and Global Trend By Ulcer Type (Foot Ulcer (Neuropathic Ulcer, Ischemic Ulcer, and Neuro-ischemic Ulcer), Mouth Ulcer, and Others), By Treatment Type (Wound-care Dressings, Wound-care Devices, Active Therapies, and Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Homecare Settings), and Regional Forecast, till 2026,” the market was worth USD 7.72 billion in 2018 and will exhibit a CAGR of 7% during the forecast period, 2019-2026.
Highlights of the Report:
- In-depth analysis of various insights, namely, Diabetic Ulcer Treatment Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and Diabetic Ulcer Treatment Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
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Key Players Operating in The Diabetic Ulcer Treatment Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Coloplast Corp
- Smith & Nephew
- ConvaTec Group Plc
- Mölnlycke Health Care AB.
- Integra LifeSciences Corporation.
- Cardinal Health.
- Tissue Regenix
- Braun Melsungen AG
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Increasing Number of Company Mergers Will Provide Impetus to Market Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers has made the highest impact on the growth of the market. The report also focuses of a few of the major drug approvals of recent times and gauges their impact on market growth. Encouraged by the increasing number of regulatory approvals, several companies are looking to acquire smaller and medium companies with pipeline candidates. In July 2018, Molnlycke Health Care announced that it has completed the acquisition of SastoMed GmbH. The company possesses an attractive range of wound care treatment options that help in recovery of diabetic foot ulcers.
North America to Emerge Dominant; Increasing R&D Activities to Aid Growth
The report analyzes the ongoing diabetic ulcer treatment market trends across fiver major regions, including North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Among all regions, the market in North America currently holds the largest market share. The increasing efforts in the R&D of the treatment options for diabetic foot ulcer by major companies in this region. As of 2018, the market in North America was worth USD 3.13 billion and this value is projected to increase further in the coming years.
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By Ulcer Type
- Foot Ulcer
- Mouth Ulcer
By Treatment Type
- Wound-care Dressings
- Wound Care Devices
Negative Pressure Wound Therapy (NPWT)
Hyperbaric Oxygen Therapy (HBOT)
- Active Therapies
Skin Grafts & Substitutes
- Ambulatory Surgical Centers
- Homecare Settings
- North America (U.S. and Canada)
- Europe (UK, Germany, France, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Extensive product offerings
- Customer research services
- Robust research methodology
- Comprehensive reports
- Latest technological developments
- Value chain analysis
- Potential Diabetic Ulcer Treatment Market opportunities
- Growth dynamics
- Quality assurance
- Post-sales support
- Regular report updates