Digital Wound Management Devices Market – Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

Digital wound management device is a 3D-enabled device which measure wound dimensions such as length, depth, width, and area. It also yields a visible record of this measurement. These devices primarily convert line tracing into area measurement and they are also used to compute the change in the area of wounds during the process of healing. One unit refers to one device. Wound assessment and monitoring systems are essentially digital aids or devices that enable imaging, measurement and documentation of wound by offering a 3D assessment of the same which EMR (electronic medical record) software integration. Since inadequate wound care results in various incapacitating healthcare-associated infections and also adds to the cost load to the patient, contemporary digital tools are taking the conjecture out of wound care. Proliferation of smartphones, emergence of telehealth and new digital tools for wound care and management, have changed the way hospitals perform their daily workflows or how wound infected patients are being treated. The ultimate goal of this is to decrease hospital re-admission and bring about positive clinical outcome

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The erratic wound care outcomes have mandated industry to deliver economic clinical evidence and improve the care coordination by using digital tools/guidelines for operational decision making, acting as a key growth opportunity that will fuel the market growth. The digital age is becoming the go-to-treatment (occasionally for years) for wounds for no significant improvements. Efforts are being taken to start advanced wound care by substituting swabs and rulers with iPad and Smartphone.

Digital Wound Management Devices Market Taxonomy

On the basis of wound type,

  • Diabetic Ulcer
  • Chronic wounds
  • Burns
  • Incisional
  • Traumatic wounds

On the basis of end-user,

  • Hospitals
  • Clinics
  • Others

Rise in occurrence of chronic diseases, growing aging population and increase in product innovations are some of the key factors fuelling the overall market at the current stage. Nonetheless, high expense of latest technologies and lack of trained professionals are some of the factors that may pose a challenge to the growth of the market. However, increase in the government initiatives towards the prevention and cure of injuries across the world will encourage the overall market for digital wound management devices.

Increasing prevalence of surgeries and rising geriatric population will drive the overall digital wound management devices market

The increasing volume of surgical procedures across the globe is likely to drive the overall growth of the digital wound management devices market during the forecast period. Surgeries are conducted to mange various diseases including gastrointestinal diseases, cardiovascular diseases, spinal abnormalities, urological disorders, orthopedic deformities, and brain tumors. The significant growth in the number of surgeries, especially in the European countries will help in the growth of the general halogen surgical ceiling lights market in this region. For example, the amount of laparoscopic colostomy surgeries tripled in Spain and doubled in Slovenia between 2008 and 2014.  Different types of surgeries performed in various ASCs or ambulatory surgical centers include hernia procedure, cervix and uterus removal, transurethral excision, lens and cataract, and hysterectomy. The increase in geriatric population as well as the growth in the number of surgeries will fuel the growth of the digital wound management devices market in the near future.

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By geography, North America held the maximum share of digital wound management devices market in 2016 and is likely to continue its dominance during the forecast period. The rising demand for surgery in labor patients is projected to further propel market growth. According to a report by Centers for Disease Control and Prevention, around 3,984,502 deliveries including caesarean and vaginal were conducted in the U.S. in 2016. Asia Pacific is expected to grow at a substantial rate. Countries such as India and China have a large pool of diabetic population and also a sizeable geriatric population. Moreover, increased healthcare spending and rise in per capita income are some of the other reasons that will fuel the growth of the market in this region.

Some of the companies operating in the digital wound management devices market in the current scenario are WoundMatrix, Aranz Medical Ltd., Woundzoom Inc., Woundvision, LLC., Tssue Analytics, Inc., Parable Health, Inc., and Rubitection, Inc.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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