Wound Assessment Market

Wound Assessment Market by Product (Contact Wound Measuring Devices & Non-contact Wound Measuring Devices), Wound Type (Chronic Wounds and Acute Wounds) - Global Forecast to 2023

Report Code: UC 1972 Aug, 2024, by marketsandmarkets.com

The global wound assessment Market was estimated at USD 13.00 million in 2018, and is estimated to reach USD 16 million by 2023, growing at a CAGR of 4.2% from 2018 to 2023. Recent studies revealed that wound treatment cost may reduce by ~89% and recently launched wound intelligent devices. Also, enhance the wound healing process by nine times. Penetration of advanced wound management products will be significantly impacting emerging economies as intelligent digital devices helps to curb the wound treatment cost.

Wound assessment and digital wound monitoring devices to boost the advanced wound care market growth by reducing the cost of wound treatment. This market is completely untapped and novel, henceforth key players are entering in to this market. For instance, in 2017, Smith & Nephew (UK), a major player in the wound care segment signed a distribution agreement with MolecuLight Inc. (US). As per the agreement, Smith & Nephew will distribute MolecuLight, a fluorescence-guided wound imaging device, globally. In 2017, eKare Inc. (US), a provider of digital wound management platform, made a distribution partnership with Woundworks (Netherlands) and launched in Europe. According to the studies, these platforms and data-driven approaches, lowered direct costs to payers by ~30% and minimized wound related hospitalizations by ~45%.

Recent breakthrough, occurs in this field when, in  August 2018, MolecuLight Inc.'s first-of-its-kind handheld fluorescence imaging device receives FDA De Novo clearance for US. To sum up, the emergence of digital and smart wound management devices will shrink the wound management expense and enhance the affordability of advance wound care products for potential emerging economies in the near future.

North America accounted for the largest market share followed by Europe. European region has the highest growth potential and like to grow at the higher growth rate during the forecast period, followed by North America.

Key companies operating in this market include ARANZ Medical Limited (New Zealand), Smith & Nephew (UK), eKare Inc. (US), MolecuLight (Canada), Hitachi Healthcare America (US), Kent Imaging (Canada), Tissue Analytics (US), WoundMatrix (US), WoundRight Technologies (US) and WoundVision (US),

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Scope of the Report

This research report covers the global wound assessment market; end user; and geography.

  • Wound Assessment Market, by Type
    • Contact digital wound measuring devices
    • Non-Contact digital wound measuring devices
    • Software & Services
    • Wound Assessment Market, by Wound Type
    • Chronic Wounds
    • Acute Wounds
  • Wound Assessment Market, by End User
    • Inpatient Facilities
    • Outpatient Facilities
  • Wound Assessment Market, by Region
    • North America
      • US
      • Canada
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Rest of Europe (ROE)
    • Asia pacific
      • China
      • India
      • Japan
      • Rest of Asia Pacific
    • Rest of the World (ROW)

Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
           5.2.2 Restraints
           5.2.3 Opportunities
           5.2.4 Challenges

5 Wound Assessment Market, By Type
    5.1 Introduction
    5.2 Contact Digital Wound Measuring Devices 
    5.3  Non-Contact Digital Wound Measuring Devices
    5.4  Softwares & Services 

6 Wound Assessment Market, By Wound Type
    6.1 Introduction
    6.2 Chronic Wounds 
    6.3 Acute Wounds 

7 Wound Assessment Market, By End User
    7.1 Introduction
    7.2 Inpatients Facilities 
    7.3 Outpatients Facilities 

8 Wound Assessment Market, By Region
    8.1 Introduction
    8.2 North America
           8.2.1 U.S.
           8.2.2 Canada
    8.3 Europe
           8.3.1 U.K
           8.3.2 Germany
           8.3.3 France
           8.3.4 Rest of Europe (RoE)
    8.4 Asia-Pacific
           8.4.1 China
           8.4.2 India
           8.4.3 RoAPAC
    8.5 Rest of the World (RoW)

9 Wound Assessment Market, By End User
    9.1 Introduction
    9.2 Hospitals 
    9.3 Ambulatory Surgical Centers 
    9.4 Other End Users

10 Competitive Landscape
     10.1 Overview
     10.2 Market Share Analysis
     10.3 Competitive Situation and Trends
     10.4 Agreements & Partnerships
     10.5 Acquisitions
     10.6 Expansions
     10.7 New Product Launches
     10.8 Other Developments

11 Company Profiles
     11.1 Introduction
     11.2 Aranz Medical Limited
             11.2.1 Business Overview
             11.2.2 Company Snapshot
             11.2.3 Products and Services
             11.2.4 Recent Developments
             11.2.5 MnM View
     11.3 Smith & Nephew
     11.4 Ekare
     11.5 Moleculight
     11.6 Hitachi Healthcare America
     11.7 Kent Imaging
     11.8 Tissue Analytics
     11.9 Woundmatrix
     11.10 Woundright Technologies
     11.11 Woundvision

12 Appendix

Above Segmentation May Change During the Course of Planned Research Work.
Financials, Recent Developments Might Not Be Captured in Case of Unlisted Companies.
Above List of Companies is Tentative. It May Change During the Planned Research Work. However, We Will Profile Only 10 Companies.

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