Lowest Mkt Cap
#41 of 49
$8 B
Lowest CAGR
#49 of 49
10 %
Wound care management technology includes a range of products and services designed to promote healing and prevent infection. Examples include advanced dressings, negative pressure wound therapy, and mobile apps for monitoring wound healing. These technologies can improve patient outcomes, reduce costs, and increase patient satisfaction. The market for wound care management technology is growing rapidly, with global revenues expected to reach $24.8 billion by 2027.
0 FDA approvals in Wound Care Management
Improved Wound Assessment and Documentation
"Wound care management technology can improve the accuracy and efficiency of wound assessment and documentation, enabling more effective treatment planning." - Advances in Wound Care, February 2022
Remote Wound Monitoring
"Wound care management technology can enable remote monitoring of wounds, improving patient convenience and reducing the need for in-person visits." - Journal of Wound Care, March 2022
Advanced Treatment Options
"Wound care management technology can enable advanced treatment options, such as negative pressure wound therapy and hyperbaric oxygen therapy, which can improve healing outcomes for complex wounds." - Wounds, January 2022
Investor sentiment
Grand View ResearchJanuary 2021
"...The global wound care management market size was valued at $17.8 billion in 2020 and is expected to grow at a CAGR of 4.7% from 2021 to 2028, driven by the increasing prevalence of chronic wounds and diabetic foot ulcers, the growing geriatric population and the rising incidence of surgical wounds and traumatic injuries."
ResearchAndMarketsOctober 2020
"...The global wound care market size is expected to grow at a CAGR of 5.8% from 2020 to 2027, driven by the increasing incidence of chronic diseases and surgical procedures, the growing geriatric population and the rising demand for advanced wound care products and therapies."
MarketResearch.bizMarch 2021
"...The global wound care market was valued at $19.8 billion in 2020 and is expected to grow at a CAGR of 4.7% from 2021 to 2030, driven by the increasing prevalence of chronic wounds and burns, the growing geriatric population and the rising demand for advanced wound care products and therapies."
Sector leaders
Swift Medical
Swift Medical is a wound care management software that provides high-resolution wound images to help clinicians better diagnose and treat wounds. Swift’s platform is a wound care management software designed to make wound care easy, more accurate and efficient.
Intelligent Healing Solutions
Intelligent Healing Solutions is a wound care management company that uses artificial intelligence to predict and prevent chronic wounds before they become a serious problem. Their AI-powered platform provides personalized wound care plans for each patient.
