Diabetic Foot Ulcer Treatment Market Insights Video
According to Cognitive Market Research, the global diabetic foot ulcer treatment market size will be USD 5324.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2129.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1597.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1224.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 266.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 106.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
The ischemic ulcers category is the fastest growing segment of the diabetic foot ulcer treatment industry