The global demand for Gangrene Treatment Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Gangrene refers to a health condition that causes the death of body tissue due to a lack of blood flow and severe bacterial infection. It commonly affects the arms, legs, toes, and fingers. People suffering from diabetes, atherosclerosis, or COVID-19 are at high risk to cause gangrene. Gangrene can be treated using medication, amputation, and surgery. Medications include intravenous and oral antibiotics such as penicillin, clindamycin, tetracycline, chloramphenicol, metronidazole, and cephalosporins. Surgical involves removing dead tissue that results from gangrene and prevents the spread of infection and the healthy growth of surrounding tissue. Some other therapies include maggot therapy or biological therapy and hyperbaric oxygen (HBO) therapy.
Market Dynamics
The global gangrene treatment market is estimated to grow based on the rising prevalence of diabetes and COVID-19 and its associated complications. In 2019, an assessed 1.5 million deaths were caused by diabetes. As per American Diabetes Association estimates, the total number of individuals with diabetes is projected to rise from 171 million in 2000 to 366 million in 2030. The number of people with diabetes is increasing due to population growth, aging, urbanization, and the increasing prevalence of obesity and physical inactivity. This will reflect on gangrene's global prevalence and treatment. The global gangrene treatment market witnessed a steep rise in 2020 owing to rising complications in COVID-19 patients. It caused the launch of new drugs and emergency approvals, creating opportunities for market growth. However, the lack of proper treatment and the high cost associated with treatment and management hinder the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of gangrene treatment. The growth and trends of gangrene treatment industry provide a holistic approach to this study.
Market Segmentation
This section of the gangrene treatment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Dry Gangrene
- Wet Gangrene
- Internal Gangrene
- Others
By Therapy Type
- Larval Debridement Therapy
- Hyperbaric Oxygen Therapy
- Others
By Treatment
- Medication
- Amputation
- Surgery
- Others
By Route of Administration
- Oral
- Injectable
- Topical
- Others
By End Users
- Hospitals
- Homecare
- Specialty Clinics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Gangrene Treatment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Gangrene Treatment Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the gangrene treatment market include Antidote Therapeutics, Mallinckrodt, MediPurpose Private Limited, Advanced Tissue, pluristem, Rexgenero Ltd, LimFlow SA, Hikma Pharmaceuticals PLC, Pfizer Inc, Mylan N.V., Teligent, ALLERGAN, Akorn. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.