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Report
Australia & South Korea Diabetic Foot Ulcer Market Size and Forecasts (2020 - 2030), Country Share, Trends, and Growth Opportunity Analysis
Market Report I 2023-09-20 I 113 Pages I The Insight Partners
The Australia & South Korea diabetic foot ulcer market is projected to reach US$ 313.53 million by 2030 from US$ 199.59 million in 2022; it is expected to grow at a CAGR of 5.8% from 2022 to 2030. The factors such as increasing prevalence of diabetes and related chronic wounds and the rise in geriatric population propel are expected to drive the Australia & South Korea diabetic foot ulcer market growth. Moreover, growing research activities to unveil novel wound treatment products is also expected to foster the Australia & South Korea diabetic foot ulcer market growth during the forecast period. However, the high cost of advanced wound care treatments may hinder the Australia & South Korea diabetic foot ulcer market growth.
Use of 3D Printing in Wound Care Management to Boost the Australia & South Korea Diabetic Foot Ulcer Market in Future
Skin tissue damage caused by various indications due to diabetes and vascular diseases significantly burdens the healthcare systems. 3D bioprinting is based on layer-based synthesis, wherein the newly generated cells and cell-based materials can be dispensed to mimic native tissues. Though the technology is still nascent, 3D printing can potentially revolutionize the wound care industry. Many companies are involved in developing new products involving ion-release biomaterials that promote angiogenesis for dermal regeneration. In addition, 3D bioprinting helps patch large wounds that are hard to heal with standard techniques. In July 2020, Startup Inventia Life Science Pty. Ltd. received two major funds from the Australian government to encourage the development of a robotic device that prints a patient's skin cells directly onto a burn or wound. Thus, the use of 3D bioprinting technologies in ulcer or wound treatments is likely to emerge as a prominent trend in the diabetic foot ulcer market in the coming years.
Thus, such advancements are expected to foster diabetic foot ulcer and enhance the Australia & South Korea diabetic foot ulcer market growth in the coming years.
The Australia & South Korea diabetic foot ulcer market is segmented on the basis of ulcer type, treatment type, infection severity, end user, and country. Based on ulcer type, the Australia & South Korea diabetic foot ulcer market is segmented into neuropathic ulcers, ischemic ulcers, and neuro-ischemic ulcers. The neuro-ischemic ulcers segment held the largest share of the market in 2022, and it is anticipated to register the highest CAGR during the forecast period. Based on treatment type, is segmented into advanced wound care dressings, biologics, and therapy device. The advanced wound care dressings segment held the largest market share in 2022. The biologics segment is anticipated to register the highest CAGR of 6.4% during 2022-2030. Advanced wound care dressings are further segmented as alginate dressings, hydrofiber dressings, foam dressings, collagen dressings, film dressings, and others. Only standard-of-care therapy is often not sufficient to heal diabetic foot ulcer wounds and requires the subsequent or simultaneous application of adjuvant wound therapies, including biological skin substitutes. Biologics are developed from natural sources, including humans, animals, and microorganisms. Cell-based biological substitutes are used particularly for the treatment of wounds. Based on infection severity, is categorized into moderate, mild, and severe. The moderate segment held the largest market share in 2022 and the same segment is anticipated to register the highest CAGR during 2022-2030. Based on end user, the market is segmented into ambulatory surgical centers, hospitals, and home care. The hospital segment held the largest market share in 2022 and the same segment is anticipated to register the highest CAGR during 2022-2030.
The World Health Organization (WHO), Centers for Disease Control and Prevention (CDC), International Working Group on the Diabetic Foot (IWGDF), US Food and Drug Administration (FDA), and Ministry of Food and Drug Safety (MFDS) are among some of the primary and secondary sources referred to while preparing the report on the Australia & South Korea diabetic foot ulcer market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Australia & South Korea Diabetic Foot Ulcer Market - Market Landscape
4.1 Overview
4.1.1 Australia & South Korea PEST Analysis
4.2 Ecosystem Analysis
4.3 Classification Systems of Diabetic Foot Ulcer
4.3.1 SINBAD (Site, Ischemia, Neuropathy, Bacterial infection, Depth)
4.3.2 PEDIS (Perfusion, Extent, Depth, Infection, Sensation)
4.3.3 UT (University of Texas)
4.3.4 WIFI (Wound, Ischemia, and Foot Infection)
4.3.5 Meggitt-Wagner System
4.3.6 Others
4.4 Australian Guidelines on Wound Classification of Diabetes-Related Foot Ulcers
4.4.1 Overview
4.5 Number of Hospitalizations for DFU in Australia and South Korea, 2022
5. Australia & South Korea Diabetic Foot Ulcer Market - Country Analysis
5.1 Key Market Drivers:
5.1.1 High Prevalence of Diabetes and Related Chronic Wounds
5.1.2 Surge in Geriatric Population
5.2 Market Restraints
5.2.1 High Cost of Advanced Wound Care Treatments
5.3 Market Opportunities
5.3.1 Growing Research Activities to Unveil Novel Wound Treatment Products
5.4 Future Trends
5.4.1 Use of 3D Printing in Wound Care Management
5.5 Impact Analysis:
6. Australia & South Korea Diabetic Foot Ulcer Market - Country Analysis
6.1 Australia & South Korea Diabetic Foot Ulcer Market Revenue Forecast and Analysis
7. Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 - by Treatment Type
7.1 Overview
7.2 Australia & South Korea Diabetic Foot Ulcer Market Revenue Share, by Treatment Type 2022 & 2030 (%)
7.3 Advanced Wound Care Dressings
7.3.1 Overview
7.3.2 Advanced Wound Care Dressings: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.3.3 Alginate Dressings
7.3.3.1 Overview
7.3.3.2 Alginate Dressings: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.3.4 Hydrofiber Dressings
7.3.4.1 Overview
7.3.4.2 Hydrofiber Dressings: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.3.5 Foam Dressings
7.3.5.1 Overview
7.3.5.2 Foam Dressings: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.3.6 Collagen Dressing
7.3.6.1 Overview
7.3.6.2 Collagen Dressing: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.3.7 Film Dressing
7.3.7.1 Overview
7.3.7.2 Film Dressing: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.3.8 Other Dressings
7.3.8.1 Overview
7.3.8.2 Other Dressing: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Biologics
7.4.1 Overview
7.4.2 Biologics: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.4.3 Growth Factors
7.4.3.1 Overview
7.4.3.2 Growth Factors: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.4.4 Skin Graft
7.4.4.1 Overview
7.4.4.2 Skin Graft: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Therapy Device
7.5.1 Overview
7.5.2 Therapy Device: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.5.3 Negative Pressure Wound Therapy
7.5.3.1 Overview
7.5.3.2 Negative Pressure Wound Therapy: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
7.5.4 Ultrasound Therapy
7.5.4.1 Overview
7.5.4.2 Ultrasound Therapy: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
8. Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 - By Ulcer Type
8.1 Overview
8.2 Australia & South Korea Diabetic Foot Ulcer Market Revenue Share, By Ulcer Type 2022 & 2030 (%)
8.3 Neuropathic Ulcers
8.3.1 Overview
8.3.2 Neuropathic Ulcers: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Ischemic Ulcers
8.4.1 Overview
8.4.2 Ischemic Ulcers: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Neuro-ischemic Ulcers
8.5.1 Overview
8.5.2 Neuro-ischemic Ulcers: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
9. Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 - By Infection Severity
9.1 Overview
9.2 Australia & South Korea Diabetic Foot Ulcer Market Revenue Share, By Infection Severity 2022 & 2030 (%)
9.3 Mild, Moderate, and Severe
9.3.1 Overview
9.3.2 Mild: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
9.3.3 Moderate: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
9.3.4 Severe: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
10. Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 - By End User
10.1 Overview
10.2 Australia & South Korea Diabetic Foot Ulcer Market Revenue Share, By End User 2022 & 2030 (%)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Ambulatory Surgical Centers
10.4.1 Overview
10.4.2 Ambulatory Surgical Centers: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Home Care
10.5.1 Overview
10.5.2 Home Care: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
11. Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 - Geographic Analysis
11.1 Australia: Diabetic Foot Ulcer Market Revenue and Forecast to 2030
11.1.1 Overview
11.1.1.1 Australia: Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (USD Million)
11.1.1.1.1 Australia: Diabetic Foot Ulcer Market, by Type, 2030 (USD Million)
11.1.1.1.2 Australia: Diabetic Foot Ulcer Market, by Treatment Type, 2030 (USD Million)
11.1.1.1.2.1 Australia: Diabetic Foot Ulcer Market, by Advanced Wound Care Dressings, 2030 (USD Million)
11.1.1.1.2.2 Australia: Diabetic Foot Ulcer Market, by Biologics, 2030 (USD Million)
11.1.1.1.2.3 Australia: Diabetic Foot Ulcer Market, by Therapy Device, 2030 (USD Million)
11.1.1.1.3 Australia: Diabetic Foot Ulcer Market, by Infection Severity, 2030 (USD Million)
11.1.1.1.4 Australia: Diabetic Foot Ulcer Market, by End User, 2030 (USD Million)
11.1.1.2 South Korea: Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (USD Million)
11.1.1.2.1 South Korea: Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (USD Million)
11.1.1.2.2 South Korea: Diabetic Foot Ulcer Market, by Type, 2030 (USD Million)
11.1.1.2.3 South Korea: Diabetic Foot Ulcer Market, by Treatment Type, 2030 (USD Million)
11.1.1.2.3.1 South Korea: Diabetic Foot Ulcer Market, by Advanced Wound Care Dressings, 2030 (USD Million)
11.1.1.2.3.2 South Korea: Diabetic Foot Ulcer Market, by Biologics, 2030 (USD Million)
11.1.1.2.3.3 South Korea: Diabetic Foot Ulcer Market, by Therapy Device, 2030 (USD Million)
11.1.1.2.4 South Korea: Diabetic Foot Ulcer Market, by Infection Severity, 2030 (USD Million)
11.1.1.2.5 South Korea: Diabetic Foot Ulcer Market, by End User, 2030 (USD Million)
12. Pre and Post COVID-19 Impact
12.1 Pre and Post COVID-19 Impact
13. Australia & South Korea Diabetic Foot Ulcer Market - Industry Landscape
13.1 Overview
13.2 Growth Strategies in the Australia & South Korea Diabetic Foot Ulcer Market
13.3 Inorganic Growth Strategies
13.3.1 Overview
13.4 Organic Growth Strategies
13.4.1 Overview
14. Company Profiles
14.1 Convatec Group Plc
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 3M Co
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Coloplast AS
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Smith & Nephew Plc
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 B. Braun SE
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Molnlycke Health Care AB
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 MiMedx Group Inc
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 URGO MEDICAL Australia Pty Ltd
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Medline Industries LP
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Organogenesis Inc.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. Australia & South Korea Diabetic Foot Ulcer Market Segmentation
Table 2. DUSS Scoring System
Table 3. Size (Area, Depth), Sepsis, Arteriopathy, Denervation System
Table 4. Australia: Diabetic Foot Ulcer Market, by Ulcer Type - Revenue and Forecast to 2030 (USD Million)
Table 5. Australia: Diabetic Foot Ulcer Market, by Treatment Type - Revenue and Forecast to 2030 (USD Million)
Table 6. Australia: Diabetic Foot Ulcer Market, by Advanced Wound Care Dressings - Revenue and Forecast to 2030 (USD Million)
Table 7. Australia: Diabetic Foot Ulcer Market, by Biologics- Revenue and Forecast to 2030 (USD Million)
Table 8. Australia: Diabetic Foot Ulcer Market, by Therapy Device- Revenue and Forecast to 2030 (USD Million)
Table 9. Australia: Diabetic Foot Ulcer Market, by Infection Severity - Revenue and Forecast to 2030 (USD Million)
Table 10. Australia: Diabetic Foot Ulcer Market, by End User - Revenue and Forecast to 2030 (USD Million)
Table 11. South Korea: Diabetic Foot Ulcer Market, by Type - Revenue and Forecast to 2030 (USD Million)
Table 12. South Korea: Diabetic Foot Ulcer Market, by Treatment Type - Revenue and Forecast to 2030 (USD Million)
Table 13. South Korea: Diabetic Foot Ulcer Market, by Advanced Wound Care Dressings - Revenue and Forecast to 2030 (USD Million)
Table 14. South Korea: Diabetic Foot Ulcer Market, by Biologics- Revenue and Forecast to 2030 (USD Million)
Table 15. South Korea: Diabetic Foot Ulcer Market, by Therapy Device- Revenue and Forecast to 2030 (USD Million)
Table 16. South Korea: Diabetic Foot Ulcer Market, by Infection Severity - Revenue and Forecast to 2030 (USD Million)
Table 17. South Korea: Diabetic Foot Ulcer Market, by End User - Revenue and Forecast to 2030 (USD Million)
Table 18. Recent Inorganic Growth Strategies in the Australia & South Korea Diabetic Foot Ulcer Market
Table 19. Recent Organic Growth Strategies in the Australia & South Korea Diabetic Foot Ulcer Market
Table 20. Glossary of Terms
LIST OF FIGURES
Figure 1. Australia & South Korea: PEST Analysis
Figure 2. List of Vendors
Figure 3. Number of Hospitalizations for DFU in Australia & South Korea, 2022
Figure 4. Australia & South Korea Diabetic Foot Ulcer Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Australia & South Korea Diabetic Foot Ulcer Market - Revenue Forecast and Analysis - 2020-2030
Figure 7. Australia & South Korea Diabetic Foot Ulcer Market Revenue Share, by Treatment Type 2022 & 2030 (%)
Figure 8. Advanced Wound Care Dressings: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Alginate Dressings: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Hydrofiber Dressings: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Foam Dressings: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Collagen Dressing: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Film Dressing: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Other Dressing: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Biologics: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Growth Factors: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Skin Graft: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Therapy Device: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Negative Pressure Wound Therapy: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Ultrasound Therapy: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Australia & South Korea Diabetic Foot Ulcer Market Revenue Share, By Ulcer Type 2022 & 2030 (%)
Figure 22. Neuropathic Ulcers: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Ischemic Ulcers: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Neuro-ischemic Ulcers: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. Australia & South Korea Diabetic Foot Ulcer Market Revenue Share, By Infection Severity 2022 & 2030 (%)
Figure 26. Mild: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 27. Moderate: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 28. Severe: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 29. Australia & South Korea Diabetic Foot Ulcer Market Revenue Share, By End User 2022 & 2030 (%)
Figure 30. Hospitals: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 31. Ambulatory Surgical Centers: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 32. Home Care: Australia & South Korea Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (US$ Million)
Figure 33. Australia: Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (USD Million)
Figure 34. South Korea: Diabetic Foot Ulcer Market - Revenue and Forecast to 2030 (USD Million)
Figure 35. Pre and Post COVID-19 Impact on Australia & South Korea Diabetic Foot Ulcer Market
Figure 36. Growth Strategies in the Australia & South Korea Diabetic Foot Ulcer Market
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