DIABETIC FOOT ULCERS TREATMENT MARKET ANALYSIS

Diabetic Foot Ulcers Treatment MarketSize and Trends

The global diabetic foot ulcers treatment market is estimated to be valued at US$ 7.72 Bn in 2023 and is expected to exhibit a CAGR of 10.2% during the forecast period (2023-2030).

Figure 1. Global Diabetic Foot Ulcers Treatment Market Share (%), By Product, 2023

Global Diabetic Foot Ulcers Treatment Market– Drivers

• Increasing incidence of diabetic foot ulcers: The incidence of diabetic foot ulcers is approximately 1500 per 100,000 diabetic individuals worldwide. Among U.S. veterans, the incidence of active diabetic foot ulcers is approximately 500 per 100,000 individuals. On the other hand, the incidence of active diabetic foot ulcers in the U.K. has been estimated at 220 per 100,000 individuals. Furthermore, its prevalence has been reported at 170 per 100,000 individuals among the United Kingdom population. The 5-year risk of mortality in diabetic patients with a foot ulcer is 2.5 times higher than in diabetic individuals without a foot ulcer.

Figure 2. Global Diabetic Foot Ulcers Treatment Market Share (%), By Region, 2023