The Global Foot Ulcer Sensors Market Size is valued at 163.99million in 2023 and is predicted to reach 215.51 million by the year 2031 at a 3.55% CAGR during the forecast period for 2024-2031.
Foot ulcers are a common complication of diabetes and peripheral artery disease (PAD) that, if neglected, can result in catastrophic illnesses like amputations. Diabetes causes nerve damage over time, which is known as diabetic neuropathy. Reduced temperature, vibration, and touch sensations may affect the foot. Due to a lack of sensitivity, the patients cannot feel bruising or cuts on their feet.
Foot ulcers can develop due to these untreated cuts and bruises becoming infected. Due to the growing prevalence of diabetes and peripheral artery disease (PAD), the market is increasing. Also, it is anticipated that the demand for advanced solutions incorporating the most recent technologies for an early and accurate diagnosis of foot ulcers is anticipated to expedite the market's growth.
To decrease the danger of amputations, foot ulcer sensors are tools used to detect and monitor the healing of foot ulcers. Foot ulcer sensors come in various forms, including temperature, pressure, and moisture sensors. With these sensors, foot ulcers can be detected by skin temperature, pressure, and moisture content changes. More precise and real-time foot ulcer sensors are being created to enable more rapid intervention.
Recent Developments:
- In October 2021, A US-based firm called Bioventus Inc. that specializes in active wound healing purchased MISONIX Inc. for an unknown sum. With this acquisition, Bioventus Inc. hopes to improve both its active healing position and product range for the treatment of diabetic foot ulcers. A US-based company called MISONIX Inc. specializes in the treatment of diabetic foot ulcers and ultrasonic surgical instruments.
Competitive Landscape:
Some of the Foot Ulcer Sensors market players are:
- Moticon ReGo AG
- Sensor Products Inc.
- Voxelcar
- Digitsole
- Linepro Controls Pvt Ltd.
- PI Bioelectronics Co., Ltd
Market Segmentation:
The Foot Ulcer Sensors market is segmented on the basis of type, product, application, and sales channel. Based on type, the market is segmented into Temperature Sensors, Pressure Sensors, Humidity Sensors, and Others. The products segment includes In-shoe Sensors and In-sole Sensors. By application, the market is segmented into Diabetes Management, Sports & Athletics, and Others. The sales channel segment includes Offline and Online.
Based On Type, The Pressure Sensors Segment Is Accounted As A Major Contributor In The Foot Ulcer Sensors Market
The market leader in the pressure sensor category was. These sensors are a safe and practical solution for patients because they don't require any invasive procedures or incisions. One of the most popular types of sensors used in treating foot ulcers is a pressure sensor. The pressure distribution over the foot is measured by these sensors, which offers valuable information concerning high-pressure zones that might result in or worsen foot ulcers. Pressure sensors can identify changes in the distribution of pressure over the foot, enabling the early identification of high-pressure zones that might result in foot ulcers. Early identification allows quick treatment and can lower the likelihood of problems.
In-Sole Sensors Segment Witnessed Growth At A Rapid Rate
The market leader in terms of revenue share is the segment of in-sole sensors. Between the foot and the sole of the shoe, inside the insole are thin, flexible sensors. Foot abnormalities, poor circulation, and pressure points brought on by ill-fitting footwear frequently result in foot ulcers. As a result, the patient or healthcare professional can alter the footwear or take other precautions to stop ulcers from forming by using insole sensors to identify high-pressure locations and provide feedback. In addition, insole sensors are more accurate and dependable than other types of sensors for managing foot ulcers, such as pressure mats or handheld thermometers.
In The Region, The North America Foot Ulcer Sensors Market Holds A Significant Revenue Share
North America dominated the market, and this is due to the region's fast-rising diabetic patient population. The Centers for Disease Control and Prevention recently released the 2022 National Diabetes Statistical Report (CDC). This study estimates that there are about 130 million diabetics or pre-diabetics in the United States. Statistics on the prevalence and incidence of diabetes and prediabetes, as well as programmes targeted at controlling and preventing type 2 diabetes, are all included in the report, which was based on data from 2019. Also, the region's sophisticated healthcare infrastructure and the quick technical advancements in the diabetes treatment industry are anticipated to drive the foot ulcer sensors market.
Foot Ulcer Sensors Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2023 |
USD 163.99 Mn |
|
Revenue forecast in 2031 |
USD 215.51 Mn |
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Growth rate CAGR |
CAGR of 3.55% from 2024 to 2031 |
|
Quantitative units |
Representation of revenue in US$ Billion, volume (units)and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
|
Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Type, Product, Application, And Sales Channel |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
|
Competitive Landscape |
Moticon ReGo AG; Sensor Products Inc.; Voxelcare; Digitsole ;Linepro Controls Pvt Ltd.; PI Bioelectronics Co., Ltd. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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