Artificial Intelligence is fastest growing segment fueling the growth of the Digital Wound Measurement Devices Market
Artificial Intelligence is fastest growing segment fueling the growth of the Digital Wound Measurement Devices Market
Digital wound measurement devices measure the size and depth of acute and chronic wounds through non-contact optical methods and digital planimetry

Digital wound measurement devices measure the size and depth of acute and chronic wounds through non-contact optical methods and digital planimetry. These devices help assess wound healing progress over time and provide accurate documentation to make treatment decisions.

The global Digital Wound Measurement Devices Market is estimated to be valued at US$ 75.51 Mn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends: One of the key trends in the digital wound measurement devices market size is the increasing adoption of artificial intelligence and machine learning technologies. Manufacturers are focusing on integrating these advanced technologies to develop smart wound assessment devices. AI-powered wound measurement devices can automatically analyze wound images and videos to accurately measure various parameters like wound dimensions, area, depth, and volume. They also track wound healing progress over time through built-in databases. This facilitates faster decision making for clinicians and streamlines wound documentation process.

Segment Analysis
The digital wound measurement devices market is segmented by wound type, end user, and region. Based on wound type, the chronic wounds segment dominated the market in 2022 owing to the increasing prevalence of diabetes which primarily causes chronic wounds such as diabetic foot ulcers. Chronic wounds accounted for nearly 70% share of the overall market in 2022.

Key Takeaways
The global digital wound measurement devices market is expected to witness high growth, exhibiting CAGR of 6.5% over the forecast period, due to increasing prevalence of diabetes and associated chronic wounds.

Regional analysis

North America dominated the global digital wound measurement devices market in 2022 and is expected to remain dominant during the forecast period. This is attributed to the growing geriatric population and increasing number of diabetic foot ulcers in the region. Asia Pacific is expected to exhibit the highest CAGR during the forecast period owing to rising healthcare spending in countries such as China and India.

Key players
Key players operating in the digital wound measurement devices market are Smith & Nephew plc, Aranz Medical Limited, eKare Inc., and WoundMatrix Inc. Smith & Nephew dominated the global market in 2022 owing to its robust product portfolio and strong geographical presence across major markets. The global digital wound measurement devices market is consolidated in nature with top 4 players accounting for over 60% share of the overall market in 2022.

Get more insights on this topic: https://www.newsstatix.com/digital-wound-measurement-devices-market-share-and-opportunity-analysis-2023-2030/

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