Download Free Sample
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Digital Wound Measurement Devices Market: By Product Type, By Application, By End User, Others), and Geography
Digital Wound Measurement Devices Market: By Product Type, By Application, By End User, Others), and Geography
Digital Wound Measurement Devices Market size was valued at US$ 401.0 million in 2023 and is poised to grow at a significant CAGR of 5.1% from 2024-2030. Digital wound measurement devices are the 3D-enabled devices used for the wound measurement such as wound length, width, depth, and area. These devices are help to documentation of progression and regression of wounds with accurate and repeatable measurement over the course of healing procedure.
The devices are used for 3D measurement of wounds with integration of electronic medical record (EMR) software. Digital wound measurement devices are electronic tools or smart devices that can be connected to the internet and used to measure, image, and document wounds. The spike in the senior population and the high incidence of chronic illnesses such as diabetes are two main reasons driving the market. Furthermore, the advantages of these devices, such as accurate wound assessment to check healing progress, are propelling the market forward.
However, several drawbacks of these devices, such as their inability to provide wound information such as moistness or exudation, limit market expansion. The prevalence of diabetes mellitus has increased significantly, according to data issued by Effective Health Care Program. Diabetes mellitus affects more than 23 million people in the United States, and it is anticipated to affect 300 million and 360 million people globally by 2025 and 2030, respectively. According to the same study, roughly 1-4 percent of diabetic people get one foot ulcer each year. More than half of all foot ulcers get infected, and 20% result in amputation of the lower extremities (LEA). In addition, venous leg ulcers are becoming more common in the United States, with around 600,000 people affected each year.
Study Period
2024-2030Base Year
2023CAGR
5.1%Largest Market
North AmericaFastest Growing Market
Europe
Increase in the aging population around the globe coupled with rise in prevalence of chronic wounds such as diabetic ulcers and pressure ulcers anticipated to fuel the digital wound measurement devices market over the forecast years. Moreover, technological advancements of the devices, rise in disposable income, grow in adoption of wound measurement devices by healthcare professionals to provide better treatment, increase in the number of sports injuries, and rise in number of surgical procedures are propel the digital wound management devices market. However, high cost of devices, lack of skilled professionals, and low adoption rate in underdeveloped countries are impede the growth of the market over the forecast time frame.
North America market is growing due to increase in the incidence of diabetic foot ulcers due to rise in prevalence of diabetes, innovation of advanced wound measurement devices, and presence of skilled professionals are propel the market. Europe Market driven by increase in adoption of advanced digital wound measurement devices, rise in demand for the better healthcare facilities, and grow in incidence of chronic wounds are spur the market. However, Asia Pacific Market has a lucrative growth, attributed to rise in awareness about the advantages of wound measurement devices, rise in healthcare expenditure, and increase in the incidence of chronic wounds are bolster the market over the forecast years.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 401.0 million |
|
Market CAGR |
5.1% |
|
By Product Type |
|
|
By Application |
|
|
By End User |
|
|
By Region |
|
Download Free Sample Report
The digital wound measurement devices market size was valued at US$ 401.0 million in 2023 and is projected to grow at a CAGR of 5.1% from 2024-2030.
The Digital Wound Measurement Devices Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Digital Wound Measurement Devices Market key players are Derma Sciences, Inc. (US), MolecuLight, Inc. (Canada), WoundMatrix, Inc. (U.S), Modulate Imaging, Inc. (US), Smith & Nephew Plc (UK), WoundVision, LLC (US), Hitachi Healthcare Americas (US), ARANZ Medical Ltd. (New Zealand), WoundZoom, Inc. (US), eKare, Inc. (US), Fuel 3D Technologies Ltd. (UK)
Y-o-Y Growth (%), and Market Share (%)
13. Competition Landscape
14. Research Methodology
15. Key Assumptions and Acronym
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.