Press Release

Diabetic Foot Ulcer Treatment Market to be Dominated by Collaborations and Partnerships Among Leading Pharmaceutical Companies in United Kingdom by 2028

Growing concern of United Kingdom government towards rising prevalence of diabetic foot ulcers and obesity rates is one of the major drivers for the United Kingdom diabetic foot ulcer treatment market.

According to TechSci Research report, “United Kingdom Diabetic Foot Ulcer Treatment Market – By Region, Competition, Forecast and Opportunities, 2028”, the United Kingdom diabetic foot ulcer treatment market is anticipated to register a high CAGR during the forecast period. This can be ascribed to enhancement in healthcare infrastructure of the countries and developing economy of United Kingdom.

Growing demand for treatment of diabetic foot ulcers have been greatly influenced by establishment of new hospitals with every passing year in United Kingdom. According to the analysis made by Statista in 2022, it has been observed that around 1,910 new hospitals were built in UK in 2018, followed by 1,978 hospitals in 2019, 1,921 hospitals in 2020, and so on. Moreover, availability of around 17 thousand podiatrists in United Kingdom who are exclusively trained in treatment of diabetic foot ulcers using skilled techniques are expected to propel the growth of United Kingdom diabetic foot ulcer treatment market in the forecast period. Nowadays, podiatrists employ the use of bioengineered skin substitutes such as tissue-engineered dermal replacements or cellular-based products to accelerate wound closure and provide a scaffold for tissue regeneration. Electrical stimulation techniques such as pulsed electromagnetic field therapy (PEMF) are also utilized by healthcare professionals to promote wound healing by enhancing cell proliferation and circulation. Growing industrial mergers and acquisitions among leading pharmaceutical companies with a vision to combine their expertise and generate an improvised treatment method is also expected to support the growth of United Kingdom diabetic foot ulcer treatment market in the futuristic period. For instance, Engineering and Physical Sciences Research Council (EPSRC) funded the collaboration of The Crick and GlaxoSmithKline plc. to advance the discovery of new drug targets in a EUR 11.5 million effort. Moreover, growing rate of obesity among people due to consumption of unhealthy food and sedentary lifestyle is also expected to drive the growth of United Kingdom diabetic foot ulcer treatment market in the forecast period.

According to global obesity levels, United Kingdom is ranked at 33rd position across the world accounting for around 27.8% of total adult population that is obese. As per the analysis made by government of United Kingdom on obesity in 2022, it has been observed that approximately 29.5% of people aged 45-54 years of age are obese, 30.2% of people aged between 55-64 years are obese, 29.1% of people aged between 65-74 years are obese, 26.1% people between age of 75-84 years are obese and so on. Excessive body weight can put increased pressure on the feet which when combined with peripheral neuropathy can lead to the development of foot deformities, such as calluses, corns, and foot ulcers. Obesity often leads to impaired blood circulation which slows down the healing process and increases the risk of complications. Rise in persistence of healthcare policies implicated by government across United Kingdom is also expected to register a lucrative growth to United Kingdom diabetic foot ulcer treatment market in upcoming years. The National Institute for Health and Care Excellence (NICE) provides evidence-based guidance to healthcare professionals in the UK. The NICE guidelines on diabetic foot problems outline recommendations for prevention, assessment, and management of diabetic foot ulcers. Moreover, fundings provided by United Kingdom government to enhance the quality of research and development associated with treatment of diabetic foot ulcers are also supporting the market growth.

However, the high cost of advanced wound care treatment and unawareness among people regarding availability of treatment for diabetic foot ulcers are expected to slow down the growth of the market in the coming years.

Browse over XX Market Data Figures and spread through XX Pages and an in-depth TOC on " United Kingdom Diabetic Foot Ulcer Treatment Market

 

The United Kingdom diabetic foot ulcer treatment market segmentation is based on treatment, ulcer type, end user, company, and region.

Based on ulcer type, the market is further divided into neuropathic ulcers, ischemic ulcers, and neuroischemic ulcers. Neuroischemic ulcers are likely to dominate the market in the forecast period. This can be attributed to the number of risks associated with neuro-ischemic ulcers, such as infection, amputation, and death.


Some of the major companies operating in the United Kingdom diabetic foot ulcer treatment market include:

 

  • Medtronic Ltd.
  • 3M United Kingdom Public Limited
  • ConvaTec, Inc.
  • Coloplast Ltd.
  • Smith & Nephew plc.
  • B. Braun Medical Ltd.
  • Medline Industries Ltd.
  • Mölnlycke Health Care Limited


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“Certain regions like London and East Anglia are expected to dominate the demand for diabetic foot ulcer treatment in United Kingdom. Presence of leading pharmaceutical companies in the market who are focusing on incorporating novel properties in their medicinal products for early treatment of diabetic foot ulcers are expected to register an impressive growth to United Kingdom diabetic foot ulcer treatment market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“United Kingdom Diabetic Foot Ulcer Treatment Market By Treatment (Wound Care Dressings, Biologics, Therapy Devices, Antibiotic Medications, and Others), By Ulcer Type (Neuropathic Ulcers, Ischemic Ulcers, and Neuroischemic Ulcers), By End User (Hospitals & Clinics, Ambulatory Care Centers, and Others), By Region, Competition, Forecast and Opportunities, 2028”, has evaluated the future growth potential of United Kingdom diabetic foot ulcer treatment market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom diabetic foot ulcer treatment market.

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