DUBLIN–(BUSINESS WIRE)–The “Digital Wound Measurement Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Product, Type of Wound, Device Type, Application and End User” report has been added to ResearchAndMarkets.com’s offering.
According to this report the market is expected to grow from US$ 161.69 million in 2021 to US$ 223.31 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the digital wound measurement devices market.
The COVID-19 pandemic has created both a public health crisis and an economic crisis globally. Chronic wounds are common in 1 to 2 per 100,000 population in the US. Lower extremity chronic ulcers predominate diabetic individuals, particularly above 65. The spread of COVID-19 infection caused significant disruptions in health care services, including the care of patients with wounds. During the COVID-19 pandemic, the major goals of wound care have been to prevent serious wound complications to avoid hospitalization and surgery. A nonhealing wound is often a culmination of multiple underlying medical problems.
Most patients with chronic wounds have multiple comorbidities, such as diabetes, hypertension, and chronic kidney disease. Chronic wounds are often related to the same comorbidities that increase the risk of death if the patient is infected with SARS-CoV-2. Patients with wounds need to follow proper precautions to reduce the risk.
Moreover, digital technologies are becoming critical in the fight against the ongoing pandemic. They have been used, among other things, for online medical consultations from home and for increasing efficiency in diagnosis and treatment of patients through telemedicine, which, like teleworking and online education, has been a novel experience for many. Thus, the rising incidence of chronic wounds and increasing demand for digital technologies for treatment and diagnosis during the pandemic resulted in the growth of the digital wound measurement devices market.
The digital wound measurement devices market is segmented into product, type of wound, application, device type, and end user. Based on product type, the digital wound measurement devices market is bifurcated into non-contact digital wound measuring devices and contact digital wound measuring devices. In 2021, the non-contact digital wound measuring devices segment accounted for a larger market share due to technological advancements and the device’s effective & contact-less way of measuring the surface area & volume of the wounds.
Also, the non-contact digital wound measuring devices segment is anticipated to register a higher CAGR of 4.9% in the digital wound measurement devices market during the forecast period. The software allows processing and analyzing digital images while keeping the original copy intact for visual inspection. Digital imaging takes much less time, and the equipment enables consumers to take pictures anywhere. The processing of the photograph takes less than 5 minutes once the image has been captured. It provides a 2D or 3D assessment of a wound using an electronic medical record (EMR) which are digital paper records that store information collected by doctors or clinicians in clinics and hospitals.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the digital wound measurement devices market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global digital wound measurement devices market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the digital wound measurement devices market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
Market Dynamics
Drivers
- Increasing Incidences of Wounds and Ulcers
- Growing Number of Surgical Procedures Worldwide
Restraints
- High Cost of Treatment
Opportunities
- Elevated Healthcare Expenditure
Future Trends
- Research Activities and Product Innovations
Companies Mentioned
- Ekare Inc.
- Kent Imaging Inc.
- Woundmatrix Inc.
- Perceptive Solutions
- Woundvision
- Aranz Medical Ltd.
- Tissue Analytics
- Fuel 3D Technologies Ltd.
- Hitachi Aloka Medical America Inc.
- Moleculight Inc.
For more information about this report visit https://www.researchandmarkets.com/r/xf1d9v
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