PUBLISHER: Grand View Research | PRODUCT CODE: 1511779
PUBLISHER: Grand View Research | PRODUCT CODE: 1511779
India Diabetic Foot Ulcer Treatment Market Size, Share & Trends Analysis Report By Treatment By Ulcer Type, By End-use, And Segment Forecasts, 2024 - 2030
India Diabetic Foot Ulcer Treatment Market Growth and Trends:
The India diabetic foot ulcer treatment market size is expected to reach USD 361.2 million by 2030, registering a CAGR of 7.82% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market has been witnessing significant growth, driven by several factors such as the rising prevalence of diabetes, fueled by factors such as sedentary lifestyles, unhealthy dietary habits, and an aging population, which has led to an increase in the incidence of diabetic foot ulcers. With approximately 77 million diabetic patients in India, the demand for effective treatment options for diabetic foot ulcers is on the rise.
Additionally, increasing awareness about diabetic foot care among patients and healthcare professionals has contributed to the market growth. Moreover, advancements in medical technology and the introduction of innovative wound care products, such as advanced dressings, bioengineered skin substitutes, and growth factors, have improved the efficacy of diabetic foot ulcer treatment, further driving market growth. Furthermore, government initiatives to improve healthcare infrastructure and increase access to diabetic care services in rural areas are expected to bolster market expansion. Overall, the combination of these factors is propelling the market forward, with promising growth prospects in the forecast period.
Several diabetes care device manufacturers are setting up new manufacturing facilities in India owing to the favorable regulatory environment and high population. Several companies are entering into partnerships and collaborations to gain a competitive advantage. For instance, in October 2022, Healthium Medtech, a Bengaluru-based company, launched several wound dressing products under its wound care portfolio. These dressings are intended to cure venous leg ulcers and diabetic foot ulcers. Thus, such factors are expected to increase the competition in market.
Market players are constantly develop new and improved products to ensure quicker healing time for diabetic foot ulcers. Companies such as ConvaTec, Inc., Acelity L.P. Inc., 3M Healthcare, Coloplast Corp., and Smith & Nephew Plc., are among the leaders in this market. Additionally, increasing research and development and collaboration is also fueling the market growth. For instance, in March 2023, Mylab Discovery Solutions, a Pune-based biotechnology company, collaborated with a UK-based firm to develop a diabetic foot ulcer detection kit. This kit aims to provide a rapid and accurate diagnosis of diabetic foot ulcers, a common complication among diabetic patients that can lead to serious infections and amputations if not treated promptly. The partnership between Mylab and the UK firm leverages Mylab's expertise in molecular diagnostics and the UK firm's experience in diabetic foot ulcer management. The kit utilizes advanced technology to detect specific biomarkers associated with diabetic foot ulcers, enabli
ng early intervention and improved patient outcomes. This development signifies a significant step forward in addressing the growing burden of diabetic foot ulcers in India and globally.
India Diabetic Foot Ulcer Treatment Market Report Highlights:
- Based on treatment, the biologics segment accounted for the largest revenue share in 2023 owing to its reduced wound healing time and increased platelet formation efficiency
- Based on ulcer type, the neuro-ischemic segment accounted for the largest revenue share in 2023
- Based on end-use, the hospital segment accounted for the largest revenue share in 2023, due to the increased adoption rate of treatment and highly experienced staff
- North America accounted for the largest revenue share in the market due to the presence of market players and improved treatment cost and reimbursement scenario
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definition
- 1.2.1. By Treatment
- 1.2.2. By Ulcer Type
- 1.2.3. By End-use
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.5. Information or Data Analysis
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. India Diabetic Foot Ulcer Treatment Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Growing Prevalence of Diabetes and Diabetic Foot Ulcer Infections
- 3.2.1.2. Rising Geriatric Population
- 3.2.1.3. Increasing Government Initiative
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. High Cost of Treatment
- 3.2.2.2. High Risk of Reoccurring Infections
- 3.2.1. Market Driver Analysis
- 3.3. India Diabetic Foot Ulcer Treatment Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of suppliers
- 3.3.1.2. Bargaining power of buyers
- 3.3.1.3. Threat of substitutes
- 3.3.1.4. Threat of new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political & Legal Landscape
- 3.3.2.2. Economic and Social Landscape
- 3.3.2.3. Technological landscape
- 3.3.1. Industry Analysis - Porter's
Chapter 4. India Diabetic Foot Ulcer Treatment Market: Treatment Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. India Diabetic Foot Ulcer Treatment Market: Treatment Movement Analysis
- 4.3. India Diabetic Foot Ulcer Treatment Market by Treatment Outlook (USD Million)
- 4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.5. Wound Care Dressings
- 4.5.1. Wound Care Dressings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.2. Alginate Dressings
- 4.5.2.1. Alginate Dressings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.3. Hydrofiber Dressings
- 4.5.3.1. Hydrofiber Dressings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.4. Foam Dressings
- 4.5.4.1. Foam Dressings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.5. Film Dressings
- 4.5.5.1. Film Dressings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.6. Hydrocolloid Dressings
- 4.5.6.1. Hydrocolloid Dressings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.7. Surgical Dressings
- 4.5.7.1. Surgical Dressings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.8. Hydrogel Dressings
- 4.5.8.1. Hydrogel Dressings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Biologics
- 4.6.1. Biologics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6.2. Growth Factors
- 4.6.2.1. Growth Factors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6.3. Skin Grafts
- 4.6.3.1. Skin Grafts Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Therapy Devices
- 4.7.1. Therapy Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7.2. Negative Pressure Wound Therapy
- 4.7.2.1. Negative Pressure Wound Therapy Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7.3. Ultrasound Therapy
- 4.7.3.1. Ultrasound Therapy Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8. Antibiotic Medications
- 4.8.1. Antibiotic Medications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9. Others
- 4.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. India Diabetic Foot Ulcer Treatment Market: Ulcer Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. India Diabetic Foot Ulcer Treatment Market: Ulcer Type Movement Analysis
- 5.3. India Diabetic Foot Ulcer Treatment Market by Ulcer Type Outlook (USD Million)
- 5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.5. Neuropathic Ulcers
- 5.5.1. Neuropathic Ulcers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Ischemic Ulcers
- 5.6.1. Ischemic Ulcers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Neuro-ischemic Ulcers
- 5.7.1. Neuro-ischemic Ulcers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. India Diabetic Foot Ulcer Treatment Market: End-use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. India Diabetic Foot Ulcer Treatment Market: End-use Movement Analysis
- 6.3. India Diabetic Foot Ulcer Treatment Market by End-use Outlook (USD Million)
- 6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.5. Hospitals
- 6.5.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Ambulatory Surgical Centers
- 6.6.1. Ambulatory Surgical Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Others
- 6.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Market Participant Categorization
- 7.2. Key Company Profiles
- 7.2.1. ConvaTec, Inc.
- 7.2.1.1. Company overview
- 7.2.1.2. Financial performance
- 7.2.1.3. Product benchmarking
- 7.2.1.4. Strategic initiatives
- 7.2.2. Acelity L.P. Inc.
- 7.2.2.1. Company overview
- 7.2.2.2. Financial performance
- 7.2.2.3. Product benchmarking
- 7.2.2.4. Strategic initiatives
- 7.2.3. 3M Healthcare
- 7.2.3.1. Company overview
- 7.2.3.2. Financial performance
- 7.2.3.3. Product benchmarking
- 7.2.3.4. Strategic initiatives
- 7.2.4. Coloplast A/S
- 7.2.4.1. Company overview
- 7.2.4.2. Financial performance
- 7.2.4.3. Product benchmarking
- 7.2.4.4. Strategic initiatives
- 7.2.5. Smith & Nephew Plc.
- 7.2.5.1. Company overview
- 7.2.5.2. Financial performance
- 7.2.5.3. Product benchmarking
- 7.2.5.4. Strategic initiatives
- 7.2.6. B. Braun Melsungen AG
- 7.2.6.1. Company overview
- 7.2.6.2. Financial performance
- 7.2.6.3. Product benchmarking
- 7.2.6.4. Strategic initiatives
- 7.2.7. Medline Industries, Inc.
- 7.2.7.1. Company overview
- 7.2.7.2. Financial performance
- 7.2.7.3. Product benchmarking
- 7.2.7.4. Strategic initiatives
- 7.2.8. Medtronic Plc.
- 7.2.8.1. Company overview
- 7.2.8.2. Financial performance
- 7.2.8.3. Product benchmarking
- 7.2.8.4. Strategic initiatives
- 7.2.9. Organogenesis, Inc.
- 7.2.9.1. Company overview
- 7.2.9.2. Financial performance
- 7.2.9.3. Product benchmarking
- 7.2.9.4. Strategic initiatives
- 7.2.10. Molnlycke Health Care AB
- 7.2.10.1. Company overview
- 7.2.10.2. Financial performance
- 7.2.10.3. Product benchmarking
- 7.2.10.4. Strategic initiatives
- 7.2.11. BSN Medical GMBH
- 7.2.11.1. Company overview
- 7.2.11.2. Financial performance
- 7.2.11.3. Product benchmarking
- 7.2.11.4. Strategic initiatives
- 7.2.1. ConvaTec, Inc.
List of Tables
- Table 1 List of Secondary Sources
- Table 2 List of Abbreviations
- Table 3 India diabetic foot ulcer treatment market, by treatment, 2018 - 2030 (USD Million)
- Table 4 India diabetic foot ulcer treatment market, by ulcer type, 2018 - 2030 (USD Million)
- Table 5 India diabetic foot ulcer treatment market, by end-use, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Market Research Approaches
- Fig. 4 Value Chain-Based Sizing & Forecasting
- Fig. 5 Market Formulation & Validation
- Fig. 6 India diabetic foot ulcer treatment market segmentation
- Fig. 7 Market driver analysis (Current & future impact)
- Fig. 8 Market restraint analysis (Current & future impact)
- Fig. 9 SWOT Analysis, By Factor (Political & Legal, Economic and Technological)
- Fig. 10 Porter's Five Forces Analysis
- Fig. 11 India Diabetic foot ulcer treatment market: by treatment: Key takeaways
- Fig. 12 India Diabetic foot ulcer treatment market, by treatment: Market share, 2023 & 2030
- Fig. 13 Wound care dressings market, 2018 - 2030 (USD Million)
- Fig. 14 Alginate dressings market, 2018 - 2030 (USD Million)
- Fig. 15 Hydrofiber dressings market, 2018 - 2030 (USD Million)
- Fig. 16 Foam dressings market, 2018 - 2030 (USD Million)
- Fig. 17 Film dressing market, 2018 - 2030 (USD Million)
- Fig. 18 Hydrocolloid dressings market, 2018 - 2030 (USD Million)
- Fig. 19 Surgical dressings market, 2018 - 2030 (USD Million)
- Fig. 20 Hydrogel dressings market, 2018 - 2030 (USD Million)
- Fig. 21 Biologics market, 2018 - 2030 (USD Million)
- Fig. 22 Growth factors market, 2018 - 2030 (USD Million)
- Fig. 23 Skin grafts market, 2018 - 2030 (USD Million)
- Fig. 24 Therapy devices market, 2018 - 2030 (USD Million)
- Fig. 25 Negative pressure wound therapy market, 2018 - 2030 (USD Million)
- Fig. 26 Ultrasound therapy market, 2018 - 2030 (USD Million)
- Fig. 27 Antibiotic medications market, 2018 - 2030 (USD Million)
- Fig. 28 Others market, 2018 - 2030 (USD Million)
- Fig. 29 India Diabetic foot ulcer treatment market: by ulcer type: Key takeaways
- Fig. 30 India Diabetic foot ulcer treatment market, by ulcer type: Market share, 2023 & 2030
- Fig. 31 Neuropathic ulcers market, 2018 - 2030 (USD Million)
- Fig. 32 Ischemic ulcers market, 2018 - 2030 (USD Million)
- Fig. 33 Neuro-ischemic ulcers market, 2018 - 2030 (USD Million)
- Fig. 34 Diabetic foot ulcer treatment market: by end-use: Key takeaways
- Fig. 35 Diabetic foot ulcer treatment market, by end-use: Market share, 2023 & 2030
- Fig. 36 Hospitals market, 2018 - 2030 (USD Million)
- Fig. 37 Ambulatory surgical centers market, 2018 - 2030 (USD Million)
- Fig. 38 Homecare market, 2018 - 2030 (USD Million)List of key emerging company's/technology disruptors/innovators
