U.S. Diabetic Foot Ulcer Treatment Market Size & Outlook
U.S. diabetic foot ulcer treatment market, 2018-2030 (US$M)
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U.S. diabetic foot ulcer treatment market highlights
- The U.S. diabetic foot ulcer treatment market generated a revenue of USD 1,717.5 million in 2023 and is expected to reach USD 2,550.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.8% 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 1,717.5 million |
| Market revenue in 2030 | USD 2,550.5 million |
| Growth rate | 5.8% (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, U.S. accounted for 33.1% 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 North America, U.S. diabetic foot ulcer treatment market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,550.5 million by 2030.
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Diabetic Foot Ulcer Treatment Market Scope
Diabetic Foot Ulcer Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 U.S. 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 U.S. held the largest share in the North America diabetic foot ulcer treatment market in 2022. Well-developed healthcare infrastructure, increasing awareness about usage of wound dressings, and presence of several key market players are the major drivers of the market.
The favorable reimbursement scenario provides access to healthcare services to a large portion of the population. Subsequently, it creates a demand for cost-effective and efficient diabetic care. It also increases the need for cost-effective treatment options. Hence, many companies seek U.S. FDA approval to launch their products in the country.
Ethicon (Johnson & Johnson), Baxter International, and 3M are some of the key players operating in the diabetic foot ulcer treatment market. Market players are undertaking strategic initiatives, such as acquisitions and geographic expansion, to strengthen their global presence. For instance, in 2019, 3M completed the acquisition of Acelity, Inc. and its subsidiaries worldwide.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. diabetic foot ulcer treatment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. diabetic foot ulcer treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. diabetic foot ulcer treatment market size, by treatment, 2018-2030 (US$M)
U.S. Diabetic Foot Ulcer Treatment Market Outlook Share, 2023 & 2030 (US$M)
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