PUBLISHER: The Business Research Company | PRODUCT CODE: 1730959
PUBLISHER: The Business Research Company | PRODUCT CODE: 1730959
Necrobiosis lipoidica diabeticorum (NLD) is a rare skin disorder that mainly affects individuals with diabetes, particularly those with poorly managed blood sugar levels. The condition is marked by the appearance of shiny, reddish-brown patches or plaques, usually on the lower legs, which may eventually develop into ulcers.
The primary types of necrobiosis lipoidica diabeticorum (NLD) procedures are treatment and diagnostic approaches. Treatment options for NLD include corticosteroids, immunosuppressants, anti-inflammatory drugs, blood flow therapies, hyperbaric oxygen therapy, phototherapy, and laser therapy. These treatments are used in various settings such as hospitals and outpatient clinics, and are available through multiple distribution channels, including hospital pharmacies, retail pharmacies, and online platforms.
The necrobiosis lipoidica diabeticorum (NLD) market research report is one of a series of new reports from The Business Research Company that provides necrobiosis lipoidica diabeticorum (NLD) market statistics, including the necrobiosis lipoidica diabeticorum (NLD) industry global market size, regional shares, competitors with the necrobiosis lipoidica diabeticorum (NLD) market share, detailed necrobiosis lipoidica diabeticorum (NLD) market segments, market trends, and opportunities, and any further data you may need to thrive in the necrobiosis lipoidica diabeticorum (NLD) industry. This necrobiosis lipoidica diabeticorum (NLD) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The necrobiosis lipoidica diabeticorum (NLD) market size has grown strongly in recent years. It will grow from $4.42 billion in 2024 to $4.74 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth during the historic period can be attributed to factors such as increased healthcare spending, urbanization, growing awareness of wellness and health, heightened focus from government organizations, and a rising prevalence of necrobiosis lipoidica diabeticorum (NLD).
The necrobiosis lipoidica diabeticorum (NLD) market size is expected to see strong growth in the next few years. It will grow to $6.16 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. Looking ahead, the growth during the forecast period is expected to be driven by favorable regulatory environments, a higher incidence of diabetic and pressure ulcers, the increasing adoption of telemedicine and digital health, and the growing prevalence of diabetes. Key trends anticipated in the forecast period include a shift toward personalized treatments, technological advancements in treatment options, progress in telemedicine and digital health, an emphasis on early diagnosis, and innovations in non-invasive diagnostic techniques.
The rising incidence of diabetes is expected to drive the growth of the necrobiosis lipoidica diabeticorum (NLD) market in the coming years. Diabetes is a metabolic disorder characterized by prolonged high blood sugar levels, resulting from either insufficient insulin production (Type 1) or the body's inability to effectively use insulin (Type 2). This condition can lead to complications in various organs and systems. The growing incidence of diabetes is largely attributed to the increasing prevalence of obesity, which is closely linked to insulin resistance, and sedentary lifestyles, both of which are significant risk factors for diabetes. As diabetes leads to microvascular problems and immune system abnormalities, it is closely associated with a higher occurrence of NLD. For example, in June 2024, the National Health Service reported that more than half a million individuals in England were at risk of developing type 2 diabetes in 2023, bringing the total number of people with pre-diabetes to over 3.6 million. This represents a nearly 20% increase compared to the previous year. Thus, the rising diabetes incidence is fueling the growth of the NLD market.
Increasing healthcare spending is expected to further propel the growth of the NLD market. Healthcare spending encompasses financial resources allocated to healthcare services by governments, private organizations, and individuals, covering disease prevention, treatment, and management. The rise in healthcare spending is largely due to the growing prevalence of chronic diseases such as diabetes, cardiovascular conditions, and obesity, which require ongoing management and treatment, leading to higher healthcare costs. This increase in spending fosters research and innovation in the treatment and diagnosis of NLD, improving diagnostic tools, expanding access to novel therapies, and ultimately enhancing patient outcomes. For instance, in May 2024, the Office for National Statistics reported that healthcare expenditure in the UK grew by 5.6% in nominal terms from 2022 to 2023, a significant increase compared to the 0.9% rise in 2022. Therefore, the boost in healthcare spending is contributing to the growth of the NLD market.
The growing demand for personalized medicine is also expected to drive the growth of the NLD market by enhancing targeted treatment approaches. Personalized medicine involves tailoring treatments to an individual's genetic, environmental, and lifestyle factors for more effective healthcare. The increasing demand for personalized medicine is driven by advancements in genomic technologies and molecular diagnostics, which provide detailed insights into individual genetic profiles, enabling customized treatments that better address a patient's unique biology. As the prevalence of chronic and complex diseases rises, there is an increasing need for more targeted therapies that reduce side effects and improve overall treatment outcomes. The demand for personalized medicine helps drive NLD market growth by offering more effective, tailored treatments. For example, in February 2024, the Personalized Medicine Coalition reported that the FDA approved 16 new personalized treatments for rare diseases in 2023, compared to just six in 2022. This growing trend in personalized medicine is contributing to the growth of the NLD market.
Major players in the necrobiosis lipoidica diabeticorum (nld) market are Mount Sinai Health System, Beaumont Health, Mayo Foundation for Medical Education and Research, Thomas Jefferson University Hospitals, UCLA Health, MedStar Health Wound Healing Institute, Inova Wound Healing Centers, Brigham and Women's Hospital, UCSF Health, Healogics LLC, Phelps Hospital, American Diabetes Association (ADA), Schweiger Dermatology Group, King Edward Memorial Hospital (KEM Hospital), Bahrain's Healthcare System, Advanced Dermatology and Skin Cancer Center, Hyperbaric Medical Solutions, Processa Pharmaceuticals Inc., Lupton Dermatology, The Primary Care Dermatology Society.
North America was the largest region in the necrobiosis lipoidica diabeticorum (NLD) market in 2024. The regions covered in necrobiosis lipoidica diabeticorum (NLD) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the necrobiosis lipoidica diabeticorum (NLD) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The necrobiosis lipoidica diabeticorum (NLD) market consists of revenues earned by entities providing services such as diagnosis services, consultation services, and supportive care. The market value includes the value of related goods sold by the service provider or included within the service offering. The necrobiosis lipoidica diabeticorum (NLD) market also includes sales of laser therapy devices, immunomodulators, corticosteroids, and anti-inflammatory drugs. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Necrobiosis Lipoidica Diabeticorum (NLD) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on necrobiosis lipoidica diabeticorum (nld) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for necrobiosis lipoidica diabeticorum (nld) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The necrobiosis lipoidica diabeticorum (nld) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.