The Global Digital Wound Measurement Devices Market Growth Accelerated By Increased Adoption In Chronic Wound Management

 

Digital Wound Measurement Devices Market

Digital wound measurement devices are medical equipment used for tracking the progress of wound healing. With the rise of telehealth and home healthcare trend, these devices offer contactless and remote wound assessment capabilities. For example, digital planimetry devices allow healthcare professionals to accurately measure wound size and track changes over time through digital photographs.

The global digital wound measurement devices market is estimated to be valued at US$ 86.99 Mn in 2024 and is expected to exhibit a CAGR of 3.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

 

Market Dynamics:

The growth of the global digital wound measurement devices market is majorly driven by the growing adoption of telehealth and home healthcare trend across the globe. Telehealth offers remote patient monitoring which has been boosted during the COVID-19 pandemic. Digital wound measurement devices integrated with smartphone apps allow remote wound monitoring for patients isolating or quarantining at home. This reduces unnecessary visits to healthcare facilities and risk of infection. Additionally, the rising burden of chronic wounds such as diabetic foot ulcers and pressure ulcers will continue fueling the demand for digital wound measurement devices with accurate assessment and monitoring capabilities over the forecast period.

 

SWOT Analysis

Strength: Digital wound measurement devices provide accurate and reliable measurements that help monitor wound healing progress objectively. They allow for standardized documentation that aids comparison of wounds over time. Using these devices reduces the chances of human error associated with manual measurements.

Weakness: These devices require additional expenses for buying and maintaining the equipment. Their use necessitates adequate staff training which increases costs for healthcare providers. Some sophisticated models suited for complex wounds have high price tags limiting widespread adoption.

Opportunity: Rising geriatric population prone to chronic wounds drives demand. Increasing incidence of diabetes leading to diabetic foot ulcers presents a lucrative market. Developing nations offer scope as wound care awareness and spending power rises.

Threats: Availability of alternative low-cost methods limits full adoption. Reimbursement policies pose challenges in some regions. Stringent regulations for new product approvals delay market entry of innovations.

 

Key Takeaways

 

The Global Digital Wound Measurement Devices Market Size is expected to witness high growth over the forecast period. The global digital wound measurement devices market is estimated to be valued at US$ 86.99 Mn in 2024 and is expected to exhibit a CAGR of 3.3% over the forecast period 2024 to 2031.

 

Regional analysis:

North America holds the largest share of the digital wound measurement devices market supported by increasing incidence of chronic diseases, advanced healthcare infrastructure and favorable reimbursement policies. According to the Wound Care Association, approximately 6.5 million patients in the US suffer from chronic wounds. Asia Pacific is anticipated to witness the fastest growth during the forecast period. Rapidly developing economies like China and India offer lucrative prospects for market players owing to rising medical tourism, growing diabetes prevalence and improving access to quality wound care.

 

Key players:

Key players operating in the digital wound measurement devices market are Aegis Medicals, Refine Medical Technology, Delta Medical International, Micro Lab, M&B, Dräger, Xuzhou Kejian Hi-tech, and Natus Medical. Aegis Medicals offers the WoundVision application featuring advanced AI for measuring wound dimensions and area automatically. Refine Medical Technology provides the Visitrak Digital system addressing the needs of chronic and acute wounds.


Get More Insights Here

https://www.newswirestats.com/digital-wound-measurement-devices-market-size-share-growth-outlook-2023/

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