Digital Wound Management Devices Market Poised to Achieve Significant Growth in the Years to Come
Digital Wound Management Devices Market: New Innovative Solution to Measure the Wounds
Digital wound management device is considered as a 3D-enabled device, which helps to measure the wound dimensions such as width, length, area, and depth. Additionally, it yields a noticeable record of the measurement. These devices are used to compute the change in the area of wounds amid the way towards mending and primarily convert line tracing into area measurement. Wound assessment and monitoring systems are basically devices or digital aids that enable imaging, documentation, and measurement of the wound by offering a 3D evaluation with the integration of Electronic Medical Record (EMR) software. Various incapacitating infections are associated with the inadequate wound care and, furthermore, emphasize on the cost load to the patient. The emergence of smartphones, development of advanced digital tools, and advent of telehealth for wound care and management have turned the way how wound infected patients are being treated and the way hospitals perform their daily activities. The ultimate objective of digital wound management devices is to decrease doctor’s facility, re-affirmation, and to achieve a positive clinical result. Inconsistent wound care results have influenced industry players to provide clinical evidence and improve care coordination by utilizing digital tools for operational decision making and function.
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The global digital wound management devices market was valued at US$ 3.5 million in 2017 and is expected to witness a CAGR of 6.8% during the forecast period (2017 – 2025).
The wound is characterized as an obstruction in the structure of the skin which may spread to intramural layers lying far beneath the skin. It can vary from simple scratch to complex tissue injury. On the basis of application, digital wound management device provides sufficient care to the affected region. It makes the use of optical instruments such as structured lighting or stereophotogrammetry to get the wound images which can be further rendered by a computer to obtain a 3D image and for the monitoring of the wound care to get the clinical outcomes. Continuous technologically advancements for better product innovation are practiced by the manufacturers to retain the market share every year.
The Digital Wound Management Devices market is expected to gain steady traction in the foreseeable future, as the portable devices find application across a wide number of hospitals with the easy handling mechanism and provide clinical and economic benefits to patients and healthcare providers. Manufacturers can reap rich dividends by developing portable digital wound management devices with easy to use interface, making them more accessible to a larger audience.
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The market is gaining significant traction due to increasing number of surgeries and growing elderly population. According to United Nations, in 2015, around 901 million people were over 60 years of age and number is expected to reach 1.4 billion by 2030 and to 2.1 billion by 2050. Moreover, the rise in number of diabetic population across the globe is expected to create more opportunity for digital wound management devices market players in the near future. According to World Health Organization (WHO), in 2014, around 422 million people were living with diabetes around the globe. Furthermore, Continuous product innovation and partnerships between wound assessment solution manufacturers is a prominent factor to fuel the digital wound management devices market.
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