The rising adoption of unhealthy lifestyles, alcohol consumption, and smoking are contributing to the rise in the prevalence of noncommunicable diseases. For instance, in 2018, the World Health Organization (WHO) stated that 13% of adults aged 18 and over were obese across North America. Further, the aging population and increasing cases of diabetes and obesity are factors contributing to the rising need for wound care. Diabetes affects ~4.2% of people aged 18-44, 17.5% of 45-64, and 26.8% of those aged 65 and over. Thus, the rising diabetes-associated risks such as diabetic foot ulcers and pressure sores are increasing the demand for digital wound measurement devices. Further, complications associated with diabetes, such as diabetic foot ulcers (DFUs), are also facilitating the need for advanced wound care management products. For instance, as per the International Diabetes Federation, diabetic people are 15–40 times more likely to require lower-leg amputation. ~85% of amputations are followed by the development of a neuropathic foot ulcer. Moreover, increasing cases of chronic wounds across the region are driving the growth of the digital wound measurement devices market. According to the WHO, every year, ~16,000 deaths are caused due to injuries. Furthermore, numerous people are injured daily, with permanent sequelae. Injuries contribute to 16% of the disease burden. Deaths and disabilities from injuries are especially notable in several countries, which account for ~90% of the total burden of injuries. With the rising cases of wounds and trauma, the cost of wound care is also rising due to the growing demand for advanced healthcare devices. Wound care is associated with high costs and has become a significant challenge for healthcare systems across the region. The growing economic burden increases the demand for more advanced wound management products. Therefore, the factors mentioned above are expected to boost the demand for digital wound measurement devices during the forecast period.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America digital wound measurement devices market. The North America digital wound measurement devices market is expected to grow at a good CAGR during the forecast period.
Strategic insights for the North America Digital Wound Measurement Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 74.45 Million |
Market Size by 2028 | US$ 101.24 Million |
Global CAGR (2021 - 2028) | 4.5% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Digital Wound Measurement Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
North America Digital Wound Measurement Devices Market Segmentation
The North America digital wound measurement devices market is segmented based on product, type of wound, application, device type, end user, and country. Based on product, the market is segmented into contact digital wound measuring devices and non-contact digital wound measuring devices. The non-contact digital wound measuring devices segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on type of wound, the market is segmented into chronic wounds and acute wounds. The chronic wounds segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. The chronic wounds is further segmented into pressure ulcers (PU), diabetic foot ulcers (DFU), venous leg ulcers (VLU), and arterial ulcers. Similarly, acute wounds is also segmented into burns and trauma and surgical wounds. Based on application, the market is segmented into wound care, limb preservation, and reconstructive surgery. The wound care segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. The wound care is further segmented into blood perfusion, hyperbaric oxygen therapy, tissue viability, and others. Based on device type, the market is segmented into 3D wound measurement devices and laser-assisted measurement devices. The laser-assisted measurement devices segment dominated the market in 2020 and 3D wound measurement devices segment is expected to be fastest growing during forecast period. Based on end user, the market is segmented into hospitals and clinics and community centers. The hospitals and clinics segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on country, the market is segmented into the US, Canada, and Mexico.
Aranz Medical Limited; eKare, Inc.; Fuel 3D Technologies Limited; Hitachi Aloka Medical America, Inc.; Kent Imaging Inc.; MolecuLight Inc.; Perceptive Solution; Tissue Analytics; WoundMatrix, Inc.; and WoundVision are among the leading companies operating in the North America digital wound measurement devices market.
The North America Digital Wound Measurement Devices Market is valued at US$ 74.45 Million in 2021, it is projected to reach US$ 101.24 Million by 2028.
As per our report North America Digital Wound Measurement Devices Market, the market size is valued at US$ 74.45 Million in 2021, projecting it to reach US$ 101.24 Million by 2028. This translates to a CAGR of approximately 4.5% during the forecast period.
The North America Digital Wound Measurement Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Digital Wound Measurement Devices Market report:
The North America Digital Wound Measurement Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Digital Wound Measurement Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Digital Wound Measurement Devices Market value chain can benefit from the information contained in a comprehensive market report.