Market Overview

The growth of the wound care management devices market is attributed due to the increase in the geriatric population, rising incidences of a chronic wound, and an increase in the number of surgeries

In the United Kingdom, the prevalence of diabetes is around 6% of the overall population. According to the National Institute of Health, 1 in every 16 people in the United Kingdom is suffering from diabetes. Nearly one-third of the diabetics develop foot ulceration within a year of diagnosis. ‘Diabetic foot’ refers to an infection, ulceration, and possible amputation of a foot or leg among diabetics. This infection, usually, is diagnosed in its later stages, which poses adverse socio-economic consequences for patients and their families. Extensive surveys indicate that about 40-70% of all lower extremity amputations are related to diabetes. Incidences of chronic wounds, especially foot ulcers, are common among the diabetic population. While more than 80,000 adults are expected to undergo a lower extremity amputation, diabetics are 10 times more likely to undergo amputation at some point in their lifetime.  The diabetic population is likely to grow in the United Kingdom, which, in turn, is anticipated to drive the market for wound care management devices during the forecast period.

Scope of the Report

As per the scope of this report, the term wound care management is the utilization of different products and technologies for the healing of wounds. In simple words, it is the treatment given for both acute and chronic wounds.

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Key Market Trends

Long-term Care Facility is the Segment Under Deployment that is Expected to Grow Fastest during the Forecast period

The hospital and specialty wound clinic segment held a maximum share in 2018. This segment holds the largest share, owing to high demand for these devices in all types of healthcare centers – including out-patient centers, specialty hospitals, and community health centers. High rate of hospitalizations and increase in demand for surgeries, especially minimally invasive surgeries, are the key factors responsible for the high demand for wound management devices and consumables in hospitals and all other healthcare settings. The long-term care facility segment is forecast to show significant growth during the forecast period.

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