The Global Digital Wound Measurement Devices Market was valued at $11,131 thousand in 2016, and is estimated to reach $15,067 thousand by 2023, growing at a CAGR of 4.4% from 2017 to 2023. Digital wound measurement devices are electronic instruments or network-compatible smart devices used in the measurement, imaging, and documentation of wounds.

The major factors that drive the growth of the global digital wound measurement devices market include surge in geriatric population and high prevalence of population suffering from chronic conditions such as diabetes.

Furthermore, the benefits of these devices, such as accurate measurement of wound dimensions to track healing progression, propel the market growth. However, certain limitations of these devices, for instance, inability to provide information about wound such as moistness or exudation, restrict the market growth.

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The key companies operating in the market include Tissue Analytics, ARANZ Medical Limited, eKare, Inc, WoundMatrix, Inc., WoundZoom Inc., Kent Imaging Inc., WoundRight Technologies, LLC, WoundVision, LLC, Hitachi Healthcare Americas, and Smith & Nephew plc.

The global digital wound measurement devices market is segmented on the basis of product, wound type, end user, and region. Based on product, it is bifurcated into contact wound and non-contact wound measuring techniques. By wound type, the market is divided into chronic wounds and acute wounds. Chronic wounds are further divided into pressure ulcers, diabetic foot ulcers, venous leg ulcers, and arterial ulcers. Acute wounds are classified into burns & trauma, and surgical wounds. On the basis of end user, the market is categorized into hospitals and community centers. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Growth of Geriatric Population

According to a report published by the U.S. Census Bureau, the U.S. population is projected to grow from 314 million in 2012 to 400 million in 2050, an increase of 27%.

Moreover, between 2012 and 2050, U.S. is expected to witness considerable growth in its aging population. For instance, by 2050, the population aged 65 years and over is projected to reach 83.7 million, which is almost double its population of 43.1 million in 2012. Thus, with increase in geriatric population, the incidence of chronic conditions, such as diabetes, is projected to soar, which in turn is expected to impact the digital wound measurement devices market proportionally.

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Author's Bio: 

I am Srushti Helwande. My keen interest in reading and writing. I forayed into the field of writing due to my love for words and the urge to do something different. I have been a part of the content resource team here in Allied Market Research. We have a dedicated team for content development wherein, we coordinate with the Market Analysts and create a precise content. I am personally involved in writing content for user engagement. I owe a responsibility to make sure the content is rich and user-centric. Allied Market Research has given me the chance to gain knowledge about different subjects.