The global digital wound care management system market size is expected to reach USD 6.2 billion by 2030, registering a CAGR of 7.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is driven by increasing technological advancements in digital wound care management solutions and growing awareness of their benefits. The aging population, which is at higher risk for diabetes and other chronic ailments, coupled with the rising global incidence of wounds and an increase in surgical procedures, is also fueling this growth. According to data from Healogics, LLC, approximately 34 million people in the United States are diagnosed with diabetes, with about 25% at risk of developing diabetic foot ulcers. Additionally, around 80% of lower extremity amputations are linked to prior foot ulcer incidents.
Advancements in AI-driven diagnostics and wearable device monitoring are further propelling market growth. Innovations in smart wound care and predictive analytics are improving treatment outcomes. For instance, in March 2024, Swift Medical received funding from DIGITAL, a leading digital technology innovation organization in Canada, to integrate AI into wound care, aiming to enhance patient outcomes. This initiative focuses on leveraging Swift Medical’s advanced AI technologies to refine and standardize wound care practices.
Digital Wound Care Management System Market Report Highlights
- The software segment held the largest revenue share of 68.25% in 2023. The growth is driven by the increasing investment by market players in technological advancements in digital wound care management software.
- The chronic wounds segment held the largest market share of 53.96% in 2023 and is anticipated to grow at the fastest CAGR from 2024 to 2030. The segment growth is attributed to the rising prevalence of conditions like diabetes and vascular diseases.
- The hospital segment held the largest market share of 47.58% in 2023. The segment growth is attributed to the increasing demand for advanced wound care solutions in acute care settings.
- North America dominated the digital wound care management system market and accounted for the largest revenue share of 31.96% in 2023. The growth is attributed to the increasing awareness regarding the benefits associated with the adoption of digital wound care systems.
- Prominent players in the market are adopting various strategies such as product launches, collaborations, acquisitions, and mergers to expand their product portfolios and enhance their geographical presence.
For More Details or Sample Copy please visit link @: Digital Wound Care Management System Market Report
The global COVID-19 pandemic brought both challenges and opportunities for growth and innovation in healthcare, particularly in the development of virtual wound care solutions. These advancements have significantly improved healthcare delivery. For instance, the Home and Community Care Support Services Central East introduced the Wound Care Inter-professional Team (IPT), a multidisciplinary team dedicated to providing uninterrupted, high-quality wound care in patients’ homes and communities throughout the pandemic. To support this innovative care model, Central East implemented Swift Medical’s digital wound management platform, which enabled precise wound data collection and analysis in home settings and facilitated virtual consultations between clinicians and patients, enhancing care continuity.
Furthermore, key players in the market are adopting various strategies such as mergers and acquisitions, partnerships, collaborations, expansions, and new product launches to meet the evolving demands of end users and strengthen their market positions. For example, in April 2023, Swift Medical announced its participation in the Zebra PartnerConnect program, positioning itself as an Independent Software Vendor. This partnership integrates Swift Medical’s digital wound management solution, Swift Skin and Wound, with Zebra’s TC52ax mobile computers. The collaboration aims to extend healthcare providers’ access to advanced wound care technologies, enhancing the quality of wound care while reducing costs.
List of major companies in the Digital Wound Care Management System Market
- Healogics, LLC.
- WoundZoom
- Smith+Nephew
- WoundMatrix, Inc.
- io Ltd
- Swift Medical Inc.
- eKare, Inc.
- Joerns Healthcare (digitalMedLab Ltd.)
- Net Health Systems, Inc.
- Essity Aktiebolag (publ)
For Customized reports or Special Pricing please visit @: Digital Wound Care Management System Market Analysis Report
We have segmented the global digital wound care management system market report based on product, wound type, end use, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Contact:
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll-Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
#DigitalWoundCare #WoundCareManagement #HealthcareTech #WoundHealing #Telemedicine #ChronicWoundCare #DigitalHealth #MedicalDevices #PatientMonitoring #SmartWoundCare #RemotePatientMonitoring #WoundAssessment #HealthcareInnovation #AIInHealthcare #DigitalTherapeutics