Global Wound Diagnosis And Monitoring Technology Market Overview
Though the human body has a remarkable ability to heal itself, ischemia, bacterial infection, and persistent inflammation can cause wound healing to halt and result in chronic non-healing wounds. Diabetic foot ulcers (DFU), venous leg ulcers (VLU), and pressure ulcers are all common chronic lesions (PU). In the treatment of these chronic ulcers, advanced wound care is frequently necessary; less than 25% of DFUs and less than 30% of VLUs are successfully treated with current standard of care treatments. Diabetes, patient age, and obesity are all significant risk factors for DFUs, VLUs, and PUs, which are non-healing wounds. In the next ten years, populations with these risk factors will increase dramatically, especially when compared to the previous ten years. As a result, the global incidence of chronic wounds is predicted to climb as the world's old population grows, as well as obesity and diabetes. Around the world, there are about 1 billion people aged 60 and up, over 2 billion adults who are overweight, and over 500 million people who have diabetes. The Global Wound Diagnosis and Monitoring Technology Market accounted for US$ 13.10 million in 2020 and is estimated to be US$ 17.17 million by 2030 and is anticipated to register a CAGR of 4.50%.
Global Wound Diagnosis And Monitoring Technology Market Dynamics
Diabetes, along with other chronic conditions boost the market growth
Diabetes, along with other chronic conditions, is determined to be the leading cause of wounds. Diabetes affects more than 25% of persons over 65. The prevalence of persistent lesions, particularly foot ulcers, is rising among diabetics. Furthermore, according to the Germany Federal Statistical Office's 2020 report, the country's population is currently around 83 million people. There are 16.2 million people over the age of 67 in this population, which is expected to grow to 21.4 million by 2040. Because the older population is predicted to grow in the near future, they will be more susceptible to chronic diseases such as diabetes, and this population will be more likely to develop diabetic foot ulcers which drives the market.
Global Wound Diagnosis And Monitoring Technology Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The Global Wound Diagnosis and Monitoring Technology Market is segmented based on product, wound type, end-user and region.
On the basis of Product, the Global Wound Diagnosis and Monitoring Technology Market is segmented into Contact Wound Measuring Devices and Non-contact Wound Measuring Devices. Based on Wound Type, the target market is segmented into Chronic Wounds, Pressure Ulcers (PU), Diabetic Foot Ulcers (DFU), Venous Leg Ulcers (VLU), Arterial Ulcers, Acute Wounds, Burns & Trauma and Surgical Wounds. Based on End-User, the target market is segmented into Hospitals and Community Centers.
Regional Insights:
Source: Prophecy Market Insights
On region the Global Wound Diagnosis and Monitoring Technology Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Due to rising frequency of chronic wounds, attractive reimbursement regulations, and an ageing population, North America dominates the wound care management industry. Diabetes is the primary cause of non-traumatic lower extremity amputations in the United States, according to the American Podiatric Medical Association (APMA) 2020, and around 14-24 percent of patients with foot ulcers require an amputation. The Asia-Pacific region, on the other hand, is predicted to grow at the fastest rate, with Japan, China, and India leading the way. There are further reasons supporting the growth of the wound care management device market in this area, such as the top manufacturers' increased focus on growing Asian countries and government backing.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
Market Segmentation |
By Product- Contact Wound Measuring Devices and Non-contact Wound Measuring Devices By Wound Type- Chronic Wounds, Pressure Ulcers (PU), Diabetic Foot Ulcers (DFU), Venous Leg Ulcers (VLU), Arterial Ulcers, Acute Wounds, Burns & Trauma and Surgical Wounds By End-user- Hospitals and Community Centers |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Wound Diagnosis and Monitoring Technology Market report based on Product, Wound Type End-User and region.
Global Wound Diagnosis and Monitoring Technology Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Wound Diagnosis And Monitoring Technology Market Key Players
The prominent players operating in the Global Wound Diagnosis and Monitoring Technology Market include Tissue Analytics, ARANZ Medical Limited, eKare, Inc., WoundMatrix, Inc., WoundZoom Inc., Kent Imaging Inc., WoundRight Technologies, LLC, WoundVision, LL, Hitachi Healthcare Americas and Smith & Nephew plc.
Global Wound Diagnosis And Monitoring Technology Market Company Profile
- Tissue Analytics
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ARANZ Medical Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- eKare, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WoundMatrix, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WoundZoom Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kent Imaging Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WoundRight Technologies, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WoundVision, LL
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Wound Diagnosis And Monitoring Technology Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Electric Vehicle Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Wound Type
- Market Snippet, By End-User
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Wound Diagnosis and Monitoring Technology Market, By Product, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Contact Wound Measuring Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Non-Contact Wound Measuring Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Wound Diagnosis and Monitoring Technology Market, By Wound Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Chronic Wounds
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pressure Ulcer (PU)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Diabetic Foot Ulcers (DFU)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Venous Leg Ulcers (VLU)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Arterial Ulcers
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Acute Wounds
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Burns & Trauma
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Surgical Wounds
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Wound Diagnosis and Monitoring Technology Market, By End-User, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Hospitals & Clinics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Research Institutions & Academic Institutes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Wound Diagnosis and Monitoring Technology Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Wound Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Wound Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Wound Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Wound Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Wound Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Tissue Analytics
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ARANZ Medical Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- eKare, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WoundMatrix, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WoundZoom Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kent Imaging Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WoundRight Technologies, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WoundVision, LL
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Global Wound Diagnosis and Monitoring Technology Market is segmented based on product, wound type, end-user and region.
Diabetes, along with other chronic conditions is major factor driving the market.
During the forecast period, North America is expected to dominate the market.
The prominent players operating in the Global Wound Diagnosis and Monitoring Technology Market include Tissue Analytics, ARANZ Medical Limited, eKare, Inc., WoundMatrix, Inc., WoundZoom Inc., Kent Imaging Inc., WoundRight Technologies, LLC, WoundVision, LL, Hitachi Healthcare Americas and Smith & Nephew plc.