Kuwait Diabetic Foot Ulcer Treatment Market Size & Outlook
Kuwait diabetic foot ulcer treatment market, 2018-2030 (US$M)
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Kuwait diabetic foot ulcer treatment market highlights
- The Kuwait diabetic foot ulcer treatment market generated a revenue of USD 23.4 million in 2023 and is expected to reach USD 32.2 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 4.7% 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.
Diabetic foot ulcer treatment market data book summary
| Market revenue in 2023 | USD 23.4 million |
| Market revenue in 2030 | USD 32.2 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Biologics |
| Fastest growing segment | Biologics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Kuwait accounted for 0.5% of the global diabetic foot ulcer treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa diabetic foot ulcer treatment market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 41.5 million by 2030.
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Diabetic Foot Ulcer Treatment Market Scope
Diabetic Foot Ulcer Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait 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 36.32% in 2023. Horizon Databook has segmented the Kuwait 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.
Kuwait represents a favorable investment outlook, with the country focusing on investments in the private sector. Moreover, it offers diabetic care devices at subsidized rates in the public sector, owing to the plans of the Kuwait Diabetes Society and Ministry of Health.
This is expected to drive the demand for the diabetic foot ulcer treatment market and provide significant growth opportunities for players in the country. Hence, major companies are launching their products locally by collaborating with the government.
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Target buyers of Kuwait 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 country-level data and insights on the Kuwait diabetic foot ulcer treatment market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait diabetic foot ulcer treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait diabetic foot ulcer treatment market size, by treatment, 2018-2030 (US$M)
Kuwait Diabetic Foot Ulcer Treatment Market Outlook Share, 2023 & 2030 (US$M)
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