Global Diabetic Foot Ulcers Market to Reach US$ 9,300.6 Million by 2030: Trends, Growth Drivers, and Key Players

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New technological advancements, such as artificial intelligence (AI) and cloud-based technology, are being used to develop mobile phone applications and other innovative solutions for diabetic foot ulcer monitoring and care.

Diabetic Foot Ulcers Market Overview

The diabetic foot ulcers market is expected to exhibit a CAGR of 6.2% during the forecast period 2023-2030. A diabetic foot ulcer is an open sore or wound that occurs in roughly 15.1% of diabetic individuals and is most typically found on the bottom of the foot. Six percent of persons who acquire a foot ulcer will be hospitalized owing to infection or another ulcer-related condition. Diabetes is the largest cause of nontraumatic lower limb amputations in the United States, and 14.3 to 24.2 % of diabetic individuals with foot ulcers suffer an amputation.

Diabetic Foot Ulcers Market Dynamics

Technological advancements are offering new hope for diabetic foot ulcer patients in India. One such advancement is the development of AI-powered smartphone apps that can reliably detect diabetic foot ulcers. These apps have the potential to revolutionize remote wound care, allowing patients to self-monitor their ulcers and call physicians if they see any concerns.

One example of such an app is Cassidy, which was developed in the UK. Cassidy has been evaluated in a clinical trial and is now being improved in terms of functionality and accuracy. Further app features, such as automated categorization of wound pathology and automated delineation of wound/peri-wound zones, are being examined to develop a more clinically relevant solution.

These new technical improvements have the potential to transform the way diabetic foot ulcers are managed in India. By enabling remote wound care and early detection of ulcers, these apps can help to improve patient outcomes and reduce the burden on the healthcare system.

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Overall, the development of AI-powered smartphone apps for diabetic foot ulcer detection is a promising development for India. These apps have the potential to make a significant difference in the lives of people with diabetic foot ulcers, providing them with the tools they need to manage their condition more effectively.

Diabetic Foot Ulcers Market Segmentation Analysis

By Product Type

  • Wound Care Dressing
  • Biologics 
  • Others

By Ulcer Type

  • Neuropathic Ulcers
  • Neuro-Ischemic Ulcers

By End User

  • Hospitals
  • Clinics
  • Ambulatory surgical centre
  • Homecare Setting

By Region

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East and Africa

Major Companies Covered

Orpyx Medical Technologies Inc, Coloplast Corp, B. Braun Melsungen AG, 3M, Cardinal Health., ConvaTec Group Plc, Mölnlycke Health Care AB., Huizhou Foryou Medical Devices Co., Ltd., Wuhan Huawei Technology Co., Ltd., Changzhou Recoo Healthcare Co., Ltd.

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