Digital Wound Measurement Devices Market Size Analysis: 2033

Future Market Insights (FMI) has released a comprehensive analysis that forecasts steady growth for the global digital wound measurement device market over the next decade. According to the report, the market is projected to register a compound annual growth rate (CAGR) of 3.8%, taking its size from $2,266.6 million in 2023 to an impressive $3,293.3 million by 2033.

Several factors contribute to this strong growth trajectory. The significant increase in chronic conditions such as diabetes, heart disease and obesity is driving increased demand for advanced wound care solutions. Digital wound measurement devices are becoming increasingly important in the management and treatment of these conditions, ensuring accurate and effective wound assessment.

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Moreover, the growing geriatric population is acting as a significant catalyst for market expansion. As the elderly are more prone to chronic wounds and require special care, there is an increasing demand for precise wound measuring devices. The report also highlights the impact of rising disposable income and changing lifestyle. Unhealthy habits, including irregular sleep patterns and poor dietary habits, contribute to the increased incidence of chronic diseases, thereby fueling the growth of the market.

The steady growth of the market is further supported by technological advancements and innovations in the healthcare sector. Digital wound measuring devices are constantly evolving, offering greater accuracy, ease of use, and integration with other medical technologies. These innovations are expected to improve patient outcomes and enhance wound care practices worldwide.

As the global digital wound measurement device market continues to expand, industry stakeholders and players are gaining lucrative investment and growth opportunities. The projected growth underscores the important role these devices play in modern healthcare and their potential to significantly impact patient care standards.

Highlights according to FMI’s wound measurement device market analysis:

The US digital wound measurement device industry is also expected to remain at the top during the forecast period. With an expected estimated market value of USD 1,026 million by 2033, the US is expected to lead all the countries. The market is expected to grow at a CAGR of 3% over the next 10 years.
Canada is expected to follow the United States’ lead and raise $444.7 million by 2033. The country is expected to see a 4% CAGR over the next decade.
In the European region, Germany is expected to contribute significantly to the digital wound measurement device industry. It is expected to reach USD 210.5 million by the end of 2033. The market is expected to exhibit a CAGR of 5% during the forecast period.
The UK is expected to grow at a significant rate of 6% CAGR in the coming years. The market is expected to reach $163.7 million by the end of 2033.
In the Asia-Pacific region, the Chinese market is dominant. It is estimated that by 2033 the market will collect a total of USD 130.9 million. The market is expected to show a CAGR of 2% during the forecast period.

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What’s up with the top players?

Key market participants are strengthening their presence by introducing new products or releasing new versions with advanced functionality. Other common expansion practices among key players include acquisitions, mergers, research, development, etc. Below are some of the latest developments in the market:

In March 2022, Perceptive Solutions, Inc., developer of WoundZoom Digital Wound Management, announced expanded functionality and enhancements to its WoundZoom® Mobile solution, featuring automatic wound edge detection technology.
In April 2021, Perceptive Solutions, Inc. announced the launch of the WoundZoom Mobile application. This new solution provides healthcare providers with an effective and intelligent method of treating wounds.

The Digital Wound Measurement Devices market report highlights the following key players

Perceptive Solutions Inc.
ARANZ Medical
Smith & Nephew Limited
Home
WoundMatrix Inc.
KCI
Parable about health
Hitachi Healthcare America
3M Company
WoundRight Technologies

Digital Wound Measuring Devices Industry Research Key Segments:

By wound type:

Diabetic ulcer
Chronic wounds
Burns
Incisional
Traumatic

By end user:

By region:

North America
Latin America
Europe
eastern Asia
South Asia and the Pacific
Middle East and Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth knowledge of the factors driving market demand. FMI is a leading global provider of market intelligence, advisory, consulting and event services for the packaging, food and beverage, consumer technology, healthcare, industrial and chemical markets. With a large team of over 400 analysts worldwide, FMI provides global, regional and local expertise on diverse industry disciplines and trends in over 110 countries.

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