Asia Pacific Diabetic Foot Ulcer Treatment Market Size & Outlook
Asia Pacific diabetic foot ulcer treatment market, 2018-2030 (US$M)
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Asia Pacific diabetic foot ulcer treatment market highlights
- The Asia Pacific diabetic foot ulcer treatment market generated a revenue of USD 1,013.0 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, biologics was the largest revenue generating treatment in 2023.
- Biologics is the most lucrative treatment segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,013.0 million |
| Market revenue in 2030 | USD 1,666.4 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Biologics |
| Fastest growing segment | Biologics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wound Care Dressings, Biologics, Therapy Devices, Antibiotic Medications |
| Key market players worldwide | ConvaTec Group PLC, 3M Co, Coloplast A/S ADR, Smith & Nephew PLC, Medtronic PLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.5% of the global diabetic foot ulcer treatment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,666.4 million by 2030.
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Diabetic Foot Ulcer Treatment Market Scope
Diabetic Foot Ulcer Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific diabetic foot ulcer treatment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to diabetic foot ulcer treatment market will help companies and investors design strategic landscapes.
Biologics was the largest segment with a revenue share of 36.46% in 2023. Horizon Databook has segmented the Asia Pacific diabetic foot ulcer treatment market based on wound care dressings, biologics, therapy devices, antibiotic medications covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is majorly driven by China and Japan. China dominated the overall diabetic foot ulcer treatment market in the region in terms of revenue share. This can be attributed to presence of major market players and increasing prevalence of diabetes.
Moreover, medical tourism in this region has also increased the demand for chronic wound care products. However, under diagnosis is common in many Low and Middle-Income Countries (LMIC), which may hinder market expansion.
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Target buyers of Asia Pacific diabetic foot ulcer treatment market databook
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Our clientele includes a mix of diabetic foot ulcer treatment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific diabetic foot ulcer treatment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific diabetic foot ulcer treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific diabetic foot ulcer treatment market size, by country, 2018-2030 (US$M)
Asia Pacific Diabetic Foot Ulcer Treatment Market Outlook Share, 2023 & 2030 (US$M)
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