Digital Wound Measurement Devices Market

2020 Analysis and Review: Digital Wound Measurement Devices Market by End-user – Hospitals and Clinics for 2020-2030

Introduction

Wound care is an important aspect in healthcare. Wounds generally heal naturally or through surgical means. However, there are certain wounds which either take a long time or are incapable of healing, particularly chronic wounds induced by prevailing morbidities such as diabetes mellitus.

In such cases, patients need to avail sophisticated and advanced wound care facilities from hospitals and other healthcare settings. Projections for the digital wound measurement devices market remain positive, with a new report published by Future Market Insights’ pegging growth at 4.5%.

Accelerating Wound Care Research

As this century progresses, technological advancements have become critical. Healthcare providers are accelerating their research to discover advanced wound care solutions. Several approaches have been developed to address wound healing concerns, from cell proliferation assays, cell cytotoxicity assays and cell viability assays to animal-based wound healing models.

In 2018, the State University of New York published a seminal study detailing how wearable technology can play a pivotal role in chronic wound management. It endorses implementation of next generation in-situ physiological surveillance for diagnosing and treating chronic wound systems and disinfecting them non-invasively.

Biosensor Technology to Make Inroads

Biosensor technology is a significant development in wound management, proving instrumental in providing data on the temperature, blood pressure, lactate, glucose, interleukin-6 and oxygen values wound sites. Research is underway to determine bacterial colonization.

In 2019, researchers from the universities of New York and Binghamton developed an open-mesh electromechanical biosensor designed to reflect the skin’s microarchitecture. The device tracks and analyses oxygen and lactate levels on the skin, and mimics the skin’s elasticity with an embedded flexible gold sensor cables.

Nanocrystalline Dressings Increasing in Scope

Research is underway to determine the effectiveness of nanocrystalline dressings on chronic wounds. Dressings manufactured from silver are acquiring immense popularity. A series of in-vitro and animal studies have confirmed the veracity of silver-based nanocrystalline dressings.

Porcine tests revealed that wounds covered in nanocrystalline silver dressings were highly effective in rapid wound healing, especially in the initial post-injury days. The proteolytic wound environment was altered by reducing levels of matrix metalloproteinase, a potential inflammatory stimulant.

Randomized control trials on human patients also confirmed the effectiveness of silver on wound healing. A pool comprising 6 patients was administered ActicoatTM experienced healing with 194 days of administration, and another 5-week old ulcer patient reported healing within 27 days.

Fragmented Centers of Excellence may Impede Growth

Wounds are not categorized as actual diseases, although the fatality rate from the same is greater than any chronic illness. Consequently, centers for excellence in wound care are highly fragmented, unlike those for cancer and other life-threatening ailments such as cardiovascular diseases.

The absence of such a centralized framework to orchestrate and promote a multidisciplinary networking approach comprising of scientists, surgeons, health economists, social workers, specialty nursing and internal medicine is limiting uptake of digital wound measurement devices across commercial healthcare settings.

Realizing this, the American healthcare system is taking proactive steps to bridge this gap and provide quality wound care to patients. For instance, work is being done to address variability and inaccuracies in wound measurement protocols. This is being done by implementing well-defined reporting and measurement criteria.

Regional Insights:

North America Digital Wound Measurement Devices Market

Rapid technological advancements due to rising prevalence of chronic ailments is propelling the North American digital wound measurement devices market. As of 2020, over 34 million people are afflicted with diabetes mellitus, leading to increased cases of diabetic foot ulcers.

In 2018, KCI, an Acelity Company, launched the Nurse2Nurse mobile application in the U.S market, which is a unique digital platforms aimed at assisting nurses in offer efficient wound care to patients. The platform enables nurses to share credible insights and pose questions regarding the best wound care practices to peers.

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Europe Digital Wound Measurement Devices Market

Europe is anticipated to be the second dominant region, attributed to increased funding for research by government bodies on advanced wound care management.

In 2019, the European Wound Management Association pledged to improve wound care management by incorporating technological advancements at its 29th conference held in Gothenburg, Switzerland.

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Asia Pacific Digital Wound Measurement Devices Market

East & South Asia demonstrate lucrative prospects, collectively accounting for nearly 20% of the total market share. According to the Asian Diabetes Prevention Initiative, 6 out of 10 global diabetic patients reside in Asian countries.

India represents the most lucrative opportunity, attributed to rising number of road accidents. In 2018, there were nearly 151,000 deaths due to road accidents. Over 400 thousand people were severely injured as of 2017.

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Category-wise Insights

Growing Adoption in Diabetic Ulcer Treatment

Increasing incidences of diabetic ulcers has accelerated the need to find more effective approaches towards wound management. According to the National Center for Biotechnology Information, annual incidence of diabetic foot ulcer ranges between 9.1 million to 26.1 million globally.

Traumatic and burn wounds are anticipated to hold equally immense prominence, attributed to increasing fatalities as a result of increasing number of road accidents and violence, particularly in South Asia.

Hospitals Remain Primary End-Users

Uptake of advanced digital wound measurement devices is likely to remain high across hospitals, owing to the presence of qualified medical personnel. Increasing footfalls to seek effective treatment for chronic wounds is driving adoption of digital wound measurement devices by surgeons.

COVID-19 Impact Analysis

As the healthcare industry reorients its priorities toward treating COVID-19 patients, wound care administration has shifted to homecare settings. This has resulted in a decline in hospital visits to treat external injuries, leading to reduced demand for digital wound measurement devices across hospitals.

The wound care market has been impacted by the coronavirus pandemic, experiencing a moderate slowdown through 2021, attributed to a decline in surgical procedures. However, the chronic wound patient pool will continue requiring treatment, ushering in a consistent revenue stream for chronic wound devices.

At the same time, the scope for hospital-based digital wound measurement has increased for COVID-19 positive patients. As the virus infects the lungs, it stimulates interleukin-6, which is a pro-inflammatory cytokine, leading to severe damage. Thus, digital wound measurement devices are deployed to check and inhibit IL-6 secretion, providing relief.

Competitive Intelligence

The global digital wound measurement devices market is fairly consolidated. It comprises of the following market players*:

  • Perceptive Solutions Inc.
  • ARANZ Medical
  • Smith & Nephew plc
  • WoundVision Inc.
  • WoundMatrix Inc.
  • KCI
  • Parable Health
  • Hitachi Healthcare Americas
  • 3M Company
  • WoundRight Technologies

*This list is indicative- full details about the digital wound measurement devices players is available upon request.

Market shares of the aforementioned players are increasing due to new product launches, strengthening of R&D capabilities and collaborations and partnerships.

In 2019, 3M successfully acquired Acelity Inc. with the objective of expanding its presence in the advanced and surgical wound care segment.

In July 2020, ARANZ Medical released the Silhouette version 4.9 which includes an improved range of data analysis features, such as a percentage area reduction figure, enabling clinicians to determine the effectiveness of wound healing.

In June 2020, Perceptive Solutions, Inc. unveiled its new WoundZoom Wound Centric EMR System and 3D wound-imaging software solution. This software is an integrated wound management solution, comprising a wound-centric EMR system, 3D-imaging hardware and remote patient monitoring.

In 2017, WoundMatrix Inc., inked a decade long partnership with the Kent Community Health NHS Foundation Trust (KCHFT) to provide telemedicine and wound care programs aimed at improving healthcare services across the United Kingdom, including wound care and management.

Digital Wound Management Devices Market- Report Scope

Attribute

Details

Forecast Period

2015-2019

Historical Data Available for

2020-2030

Market Analysis

US$ Mn for Value and Volume in Units

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa

Key Countries Covered

U.S., Canada, Mexico, Brazil, Germany, Italy, France, U.K., Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, Australia & New Zealand, GCC, Turkey and South Africa

Key Segments Covered

Wound Type & End-User

Key Companies Profiled

Perceptive Solutions Inc., ARANZ Medical, Smith & Nephew plc., WoundVision Inc., WoundMatrix Inc., KCI, Parable Health, Hitachi Healthcare Americas, 3M Company and WoundRight Technologies

Report Coverage

Market Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19 Impact Analysis, Segmental Analysis, Regional Profiling, Market Structure Analysis and Competition Analysis

Customization & Pricing

Available upon Request

Key questions answered in the report

  • How will digital wound measurement devices expand through 2030?

    According to Future Market Insights (FMI), the global digital wound measurement devices market is expected to register steady growth, expanding at 4.5% value CAGR from 2020-2030

  • What trends prevail in the digital wound measurement devices market?

    Accelerating wound care research to incorporate such wound measurement technologies such as biosensors and silver nanocrystalline dressings are expected to shape future development of digital wound measurement devices market

  • What is likely to hamper digital wound measurement devices market growth?

    Lack of a centralized global framework to address wound healing is proving to be a significant obstacle in digital wound measurement devices adoption. This fragmentation of wound care networks is because it is not considered as a separate disease. Governments, especially the U.S., is working to bridge this gap

  • Which will be the largest market for digital wound measurement devices?

    North America is expected to retain lucrativeness, attributed to high incidence of diabetes mellitus (over 34 million) amongst the local population, leading to increased hospitalizations to treat foot ulcers

    East & South Asia are likely to register impressive growth, owing to a growing diabetic population base. India is likely to be the most opportunistic market as it has the world’s 2nd largest population base

  • How is COVID-19 impacting digital wound measurement devices growth trajectory?

    The wound care market has been impacted by the coronavirus pandemic, experiencing a moderate slowdown through 2021, attributed to a decline in surgical procedures. However, the chronic wound patient pool will continue requiring treatment, ushering in a consistent revenue stream for chronic wound devices.

  • Which are the leading players in the digital wound measurement devices landscape?

    Some of the market players featured in the report are Perceptive Solutions Inc., ARANZ Medical, Smith & Nephew plc., WoundVision Inc., WoundMatrix Inc., KCI, Parable Health, Hitachi Healthcare Americas, 3M Company and WoundRight Technologies

Enquiry before Buying

  • Is the digital wound measurement devices market research conducted by Future Market Insights?

    Yes, the digital wound measurement devices market report has been compiled by expert analysts of Future Market Insights through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to the research analyst

  • What research methodology is followed by FMI?

    FMI follows a methodology that encompasses the demand side assessment of the market, and triangulates the same through a supply side analysis. This methodology is based on use of standard market structure, methods and definitions.

  • Who are the respondents for primary research?

    FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.

  • What are the sources of secondary research?

    FMI conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request. 

  • Is a sample of this report available for evaluation?

    Yes, you can request a sample and it will be sent to you through an email.

  • How can I buy this report?

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Key Segments

Wound Type

  • Diabetic Ulcer
  • Chronic Wounds
  • Burns
  • Incisional
  • Traumatic

End User

  • Hospitals
  • Clinics

Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
  • Europe (Germany, Italy, France, U.K., Spain, BENELUX, Russia & Rest of Europe)
  • Middle East & Africa (GCC, Turkey, Northern Africa, Southern Africa & Rest of MEA)
  • East Asia (China, Japan & South Korea)
  • South Asia (India, Thailand, Indonesia, Malaysia & Rest of South Asia)
  • Oceania (Australia & New Zealand)

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