Digital Wound Measurement Devices Market | North America registering a CAGR of 3.5 % during the forecast period
According to a new report published by Allied Market Research, titled, "Digital Wound Measurement Devices Market, by Product, Wound Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030, "the global digital wound measurement devices market size was valued at $0.40 billion in 2020 and is projected to reach $0.62 billion by 2030 registering a CAGR of 4.6% from 2021 to 2030.
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Digital wound measurement devices are used for accurate wound measurement. These devices can also provide three-dimensional measurement of a wound with electronic medical record (EMR) software integration.
The major factors that contribute to the growth of the digital wound measurement devices market include the change in lifestyles that lead to high incidence of diabetic wounds &pressure ulcers and increase in geriatric population. Moreover, the advantages of digital wound measurement methods, which include additional information about the depth and volume of wound, further boost the market growth. However, the limitations of the digital wound measurements devices are expected to impede the market growth. In addition, significant unmet need in wound measurement device provides a lucrative opportunity for market growth.
Key Market Players
Arnaz Medical Limited
BioVisual Technologies LLC
eKare Inc.
Kent Imaging Inc.
Net Health (Tissue Analytics, Inc
Perceptive Solutions, Inc.
Smith & Nephew Plc.
WoundMatrix, Inc.
WoundRight Technologies, LLC
WoundVision, LLC
Key Findings Of The Study
Based on product, the non-contact wound measuring devices held largest share in the global market in 2020.
Based on wound type, the chronic woundheld the largest market share in 2020 and is expected to remain dominant throughout the forecast period.
By end user, the hospitals dominate the global market in 2020 and is anticipated to continue this trend during the forecast period.
Based on region, North America is expected to experience growth at the highest rate, registering a CAGR of 3.5% during the forecast period.
North America accounted for the largest share of the global digital wound measurement devices market in 2020, and is expected to remain dominant throughout the forecast period. This was attributed to presence of major key players in the U.S. and other countries. In addition, increase in adoption of digital wound measurement devices owing to growth in incidences of chronic & acute wound and surge in gеrіаtrіс рорulаtіоn
COVID-19 is causes illness ranging from common cold to more severe respiratory diseases. The global digital wound measurement devices market declined in 2020 due to global economic recession led by COVID-19. However, the market is anticipated to witness recovery in 2021, and show stable growth for digital wound measurement devices in the coming future.
The digital wound measurement devices market is segmented on the basis of product, wound type, end user, and region. By product, it is bifurcated into contact wound measuring devices and non-contact wound measuring devices. The non-contact wound measuring devices segment was the major shareholder in 2020, owing to their ability to provide detailed images of wounds for documentation.
By wound type, it is segmented into chronic wounds and acute wounds. Chronic wounds are further sub-segmented into pressure ulcers, diabetic foot ulcers, venous leg ulcers, and arterial ulcers. Acute wounds are again segmented into burns & trauma and surgical wounds. The chronic wounds segment dominated the global market in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to increase the prevalence of chronic wound such as pressure ulcers, diabetic foot ulcers, venous leg ulcers, and arterial ulcers.
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Key Market Segments
By Product
Contact Wound Measuring Devices
Non-Contact Wound Measuring Devices
By Wound Type
Chronic Wounds
Pressure Ulcers (PU)
Diabetic Foot Ulcers (DFU)
Venous Leg Ulcers (VLU)
Arterial Ulcers
Acute Wounds
Burns & Trauma
Surgical Wounds
By End User
Hospital
Community Centers