UK Diabetic Foot Ulcer Treatment Market Size & Outlook
UK diabetic foot ulcer treatment market, 2018-2030 (US$M)
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UK diabetic foot ulcer treatment market highlights
- The UK diabetic foot ulcer treatment market generated a revenue of USD 382.1 million in 2023 and is expected to reach USD 559.7 million by 2030.
- The UK market is expected to grow at a CAGR of 5.6% 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 382.1 million |
| Market revenue in 2030 | USD 559.7 million |
| Growth rate | 5.6% (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, UK accounted for 7.4% 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 Europe, UK diabetic foot ulcer treatment market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 443.2 million by 2030.
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Diabetic Foot Ulcer Treatment Market Scope
Diabetic Foot Ulcer Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 UK 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 UK has a universal healthcare system where most of the population is covered under free healthcare services offered by national healthcare centers. Increasing geriatric population in the UK is anticipated to boost the market.
Moreover, the UK has several small- and medium-sized companies that significantly contribute to the economy. The turnover from these companies is valued at about 99.5% of all businesses currently operating in the UK.
The country has a reputation for quality solutions. Hence, in-house manufactured medical devices are anticipated to witness significant demand in the coming years. Major companies operating in the market are Smith & Nephew PLC, ConvaTec Group PLC, and Brightwake Ltd.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK diabetic foot ulcer treatment market , including forecasts for subscribers. This country databook contains high-level insights into UK diabetic foot ulcer treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK diabetic foot ulcer treatment market size, by treatment, 2018-2030 (US$M)
UK Diabetic Foot Ulcer Treatment Market Outlook Share, 2023 & 2030 (US$M)
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