A growing market
- - In 2012 in the US alone, 6 million patients (2% of population) suffered from chronic
- - Chronic wound care costs exceed $50 billion per year (conservative estimate).
- - In 2012, the global wound care management market stood at $11.7 billion.
- - The projected 2021 worth of the wound care management market is $18.5 billion.
- - Demographic factors such as aging, diabetes, and obesity contribute to rapid market
- - Key drivers include the Affordable Care Act and recent Center for Medicare and
- - Trauma physicians, dermatologists, plastic surgeons, and treatment centers.
- - Medical device companies (potential distributors or licensees with established
- - Our wound patients (end users), that suffer from chronic wounds, diabetic foot ulcers,
- - Insurance companies as payers in the value chain.
Problem and need
- - The cost of wounds is affected by prolonged and intensified treatment, as well as
hospitalization and specialized treatment.
- - Chronic wounds can lead to serious infections, gangrene, and in the worst cases
- - Currently low rates of wound closure.
- - Rise in prevalence of chronic wounds, has led to an increased demand for management
device platforms dedicated to wound-care.
- - Actual products continue to provide only palliative treatment: Patient mobility,
overall individual well being are not positively affected
- - These issues call for a dramatic change of focus on improving the effectiveness of the
- - We critically examine the total cost of treatment and patient experience over the unit
- - Reduced wound management time saves significant resources, including hospital bed
diagnostics, and transfer costs.
- - We create value by enabling healthcare professionals to manage variouse wound