Digital Wound Measurement Devices Market – Insights

A structured approach is required to the assessment, diagnosis and management of patients with wounds in order to provide a good standard of care. Digital wound measurement devices are used in the measurement, imaging, and documentation of wounds. These electronic instruments or network-compatible smart devices are 3D-enabled to measure wound dimensions (area, length, width and depth) and produce a visible record of these dimensions.

Statistics:

The global digital wound measurement devices market is estimated to account for US$ 2,720.9 Mn in terms of value by the end of 2027.

Global Digital Wound Measurement Devices Market: Drivers

Increasing cases of burn injuries is expected to propel growth of the global digital wound measurement devices market over the forecast period. For instance, in February 2019, a study published in the journal Experimental and Therapeutic Medicine reported that 13,205 burn patients were admitted to the Burn Research Institute of Southwest Hospital of the Army Medical University, China during 2009-2016.

Increasing incidence of diabetic foot ulcers is also expected to aid in growth of the market. For instance, the prevalence of diabetic foot ulcers was 51.8% in a community based study conducted by Kasturba Medical College, India, in June 2018.

Moreover, increasing healthcare expenditure is also expected to aid in growth of the market. For instance, according to the Centers for Medicare & Medicaid Services (CMS), health spending in the U.S. is projected to grow at an average rate of 5.5 percent per year for 2018-27 and to reach nearly US$ 6.0 trillion by 2027.

North America region held dominant position in the global digital wound measurement devices market in 2019, accounting for 44.5% share in terms of value, followed by 2027

Figure 1. Global Digital Wound Measurement Devices Market Share (%), by Region, 2019

Digital Wound Measurement Devices  | Coherent Market Insights

Global Digital Wound Measurement Devices Market: Restraints

There are several notable limitations to digital wound measurement. Useful digital information cannot be obtained from all wounds such as those between toes. This in turn is expected to hinder growth of the market.

Moreover, lack of information regarding changes in the depth of the wound over time is also expected to hamper growth of the market. Some cases may show substantial decrease in wound volume, although there is minor change in area.

Diabetic Ulcer segment in the global digital wound measurement devices market was valued at US$ 810.8 Mn in 2019 and is expected to reach US$ 1,203.0 Mn by 2027 at a CAGR of 5.1% during the forecast period.

Market Trends/Key Takeaways

The market is witnessing integration of digital wound measurement devices with electronic medical record (EMR). EMR integration eliminates the need for clinicians to choose between spending time with patients and performing documentation tasks and reduces the errors from double documenting while making the data easily accessible for future analysis.

The use of advanced sensors, diagnostics, and imaging devices in advanced wound care is low compared to other medical specialties. This can be attributed to challenges of cost and reimbursement.

Global Digital Wound Measurement Devices Market: Competitive Landscape

Major players operating in the global digital wound measurement devices market include, Wound Zoom Inc., ARANZ Medical, Woundworks BV, and eKare Inc.

Global Digital Wound Measurement Devices Market: Key Developments

Major players in the market are focused on adopting various marketing strategies to enhance their market share. For instance, in October 2019, eKare’s inSight digital 3D imaging and wound measurement system was selected to join the NHS Digital Health Accelerator run by the East Midlands Academic Health Science Network (EMAHSN).

Major players in the market are also focused on presenting their products in symposiums to expand their customer base. For instance, in May 2019, WoundZoom Inc. exhibited at the Symposium of Advanced Wound Care (SAWC) in San Antonio.

Digital wound measurement devices are used in the measurement, imaging, and documentation of wounds. These devices are used to assess burns, traumatic wounds, incisional wounds, diabetic foot ulcers, and chronic wounds. Digital wound measuring devices provide 2- dimensional and 3- dimensional assessment of wound. Increasing cases of burn injuries along with growing incidence and prevalence of diabetic foot ulcers is also expected to aid in growth of the market.

Furthermore, major players operating in the market are focused on adoption of organic and inorganic growth strategies such as strategic partnership, new product launch, and increasing investment in research & development to increasing their market positioning during the forecasted period.

Key features of the study:

  • This report provides in-depth analysis of the Digital Wound Measurement Devices market  and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global Digital Wound Measurement Devices market  based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
  • Key companies covered as a part of this study include, Wound Zoom Inc., ARANZ Medical, Woundworks BV, and eKare Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global Digital Wound Measurement Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Digital Wound Measurement Devices market

Detailed Segmentation:

  • Digital Wound Measurement Devices Market, By Wound Type:
    • Diabetic Ulcer
    • Chronic Wounds
    • Burns
    • Incisional
    • Traumatic
  • Digital Wound Measurement Devices Market, By End User:
    • Hospitals
    • Clinics
  • Digital Wound Measurement Devices Market, By Region:
    • North America
      • By Wound Type:
        • Diabetic Ulcer
        • Chronic Wounds
        • Burns
        • Incisional
        • Traumatic
      • By End User
        • Hospitals
        • Clinics
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Wound Type:
        • Diabetic Ulcer
        • Chronic Wounds
        • Burns
        • Incisional
        • Traumatic
      • By End User
        • Hospitals
        • Clinics
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Wound Type:
        • Diabetic Ulcer
        • Chronic Wounds
        • Burns
        • Incisional
        • Traumatic
      • By End User
        • Hospitals
        • Clinics
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Wound Type:
        • Diabetic Ulcer
        • Chronic Wounds
        • Burns
        • Incisional
        • Traumatic
      • By End User
        • Hospitals
        • Clinics
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Wound Type:
        • Diabetic Ulcer
        • Chronic Wounds
        • Burns
        • Incisional
        • Traumatic
      • By End User
        • Hospitals
        • Clinics
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Wound Type:
        • Diabetic Ulcer
        • Chronic Wounds
        • Burns
        • Incisional
        • Traumatic
      • By End User
        • Hospitals
        • Clinics
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Wound Zoom Inc. *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • ARANZ Medical
    • Woundworks BV
    • eKare Inc.
  • “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Wound Type
      • Market Snippets, By End User
      • Market Snippet, By Region
      • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Highlights
    • Product launch
    • PEST Analysis
    • Regulatory Scenario
    • Mergers and Acquisitions
  4. Global Digital Wound Measurement Devices Market, By Wound Type, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Diabetic Ulcer
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Wall/Floor Mounted Intraoral X-ray Systems
        • Hand-Held Intraoral X-ray Systems
    • Chronic Wounds
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Burns
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Incisional
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Traumatic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  5. Global Digital Wound Measurement Devices Market, By End User, 2019 – 2027, (US$ Mn)
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  6. Global Digital Wound Measurement Devices Market, By Region, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2026
    • North America
      • Market Size and Forecast, By Wound Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Wound Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Wound Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Wound Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of APAC
    • Middle East
      • Market Size and Forecast, By Wound Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Wound Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
  7. Competitive Landscape
    • Company Profiles
      • Wound Zoom Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • ARANZ Medical
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Woundworks BV
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • eKare Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 14 market data tables and 10 figures on “Digital Wound Measurement Devices Market - Global forecast to 2027”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
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Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

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Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

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Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
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Data Processing

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
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