Market
Scenario
The
global digital wound measurement devices market is expected to witness a
positive growth during the forecast period. Digital wound measurement devices
enable monitoring of chronic wounds and deliver the appropriate drug dose to
speed up the process of healing. Chronic wounds if not treated on time can lead
to severe infections and amputations. Hence, digital wound measurement devices
allow delivering tailored treatments after the 2D or 3D assessment of the
infection and inflammation. The increasing number of patients suffering from
chronic wounds drives the market growth. According to the Intermountain
Healthcare (2017), 6.5 million people in the US suffer from chronic
wounds. Diabetic wounds are severe, and the process of healing is very long and
eventually may lead to amputations. Hence factors such as growing diabetic
patients, rising geriatric population, and an increasing number of surgeries
are major factors influencing the growth of the market. The emergence of
smartphones, rapid use of advanced digital tools, and the advent of telehealth
for wound care will also contribute for the market to grow.
However, factors such as, the inability of the
device to provide additional information about wounds such as moistness or
exudation and high costs of digital devices are expected to restrict the market
growth during the forecast period.
Key players
Some of
the key players for the global digital wound measurement devices market are
WoundRight Technologies Tissue Analytics, Parable Health, ARANZ Medical
Limited, eKare, Inc, KCI, an Acelity Company, WoundMatrix, Inc., WoundZoom
Inc., Kent Imaging Inc., WoundRight Technologies, LLC, WoundVision, LLC,
Hitachi Healthcare Americas, and Smith & Nephew plc.
Segmentation
The
global digital wound measurement devices market is segmented on the basis of
wound type, product, and end-user. The digital wound measurement devices
market, by wound type is sub-segmented into a diabetic ulcer, chronic wounds,
burns, incisional, and traumatic. The product segment is sub-segmented into
contact wound measuring devices and non-contact wound measuring devices.
On the basis
of end-user, the market is segmented into hospitals, clinics, and ambulatory
surgical centers.
Regional
Market Summary
The
digital wound measurement devices market is dominated by North America owing to
the rising prevalence of chronic wounds and technological advancements in the
healthcare sector. In June 2018, KCI, an Acelity Company announced the
launch of Nurse2Nurse (N2N) Mobile App for wound care nurses. The app allows
interactions with clinicians and shares credible insights and information for better
patient care.
It is
estimated that Europe was the second largest in the global digital wound
measurement devices market. The increasing technological advancement and
research for wound care along with government support in Europe drive the
market growth in this region. The European Wound Management Association will
conduct its 29th conference by June 2019 in Gothenburg, Sweden in the presence
of several international wound management communities with the common goal of
improving the care of wound patients.
Asia-Pacific
was projected to be the fastest growing region for the global digital wound
measurement devices market. Key factors such as rising geriatric population,
growing diabetic patient pool, high incidence chronic wounds, and developing
healthcare infrastructure drive the market in this region. According to the
Asian Diabetes Prevention Initiative, 60% of the world diabetic population is
in Asia. This provides favorable backgrounds for the market to grow in Asia.
The
Middle East and Africa holds the least share of the global digital wound
measurement devices market due to the presence of stringent government policies
and poor economic growth. However, growing awareness and increasing investments
by private market players in this region can boost the market growth.
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Detailed Table
of Contents:
1. Report Prologue
2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
...Continued
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