Market Size of United Kingdom Wound Care Management Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.80 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Wound Care Management Market Analysis
The growth of the wound care management market is attributed to the increase in the geriatric population, rising incidences of a chronic wound, and an increase in the number of surgeries
According to the National Institute of Health, one in every 16 people in the United Kingdom is suffering from diabetes. The prevalence of diabetes is around 6% of the overall population. Nearly one-third of the diabetic population develop foot ulceration within a year of diagnosis. 'Diabetic foot' refers to infection, ulceration, and possible amputation of a foot or leg among diabetics. 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.