LONDON–(BUSINESS WIRE)–#GlobalDiabeticFootUlcersTherapeuticsMarket–The diabetic foot ulcers therapeutics market is expected to grow by USD 986.41 million, progressing at a CAGR of almost 9% during the forecast period.
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The strong drug development pipeline is one of the major factors propelling market growth. However, factors such as impact of complex pathogenesis in clinical trial design will hamper the market growth.
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Diabetic Foot Ulcers Therapeutics Market: Product Landscape
Ischemia is the restriction in blood transfusion, which results in the lack of oxygen supply to body tissues and organs. Ischemic ulcers are likely to occur due to inadequate blood flow in various parts of the body. Chronic hyperglycemia causes changes in the cell membrane function, mainly through ischemia of the endoneurial microvascular circulation. Market growth in theIschemic and neuro-ischemic ulcer therapeutics segment will be faster than the growth of the market in the neuropathic ulcer therapeutics segment.
Diabetic Foot Ulcers Therapeutics Market: Geographic Landscape
North America was the largest diabetic foot ulcers therapeutics market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as the presence of stringent safety regulations on product performance and the focus of vendors on product safety testing and post-market screenings will significantly drive diabetic foot ulcers therapeutics market growth in this region over the forecast period. 38% of the market’s growth will originate from North America during the forecast period. (Read more…) The US and Canada are the key markets for diabetic foot ulcers therapeutics in North America. Market growth in this region will be slower than the growth of the market in Asia.
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Companies Covered:
- 3M Co.
- Baxter International Inc.
- ConvaTec Inc.
- Dr. Reddys Laboratories Ltd.
- Fresenius SE & Co. KGaA
- GlaxoSmithKline Plc
- Merck & Co. Inc.
- Mylan NV
- Pfizer Inc.
- Smith & Nephew Plc
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Ischemic and neuro-ischemic ulcer therapeutics – Market size and forecast 2019-2024
- Neuropathic ulcer therapeutics – Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- Asia – Market size and forecast 2019-2024
- ROW – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 3M Co.
- Baxter International Inc.
- ConvaTec Inc.
- Dr. Reddys Laboratories Ltd.
- Fresenius SE & Co. KGaA
- GlaxoSmithKline Plc
- Merck & Co. Inc.
- Mylan NV
- Pfizer Inc.
- Smith & Nephew Plc
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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