Wounds that don't heal are big business, as 5 million people are treated for open wounds in the US each day.
WoundRX (from GWR Medical) is an innovative, safe and simple way to help wounds heal by applying topical oxygen. An attachable tent is sealed around the wound while oxygen is pumped into the bag creating a high-pressure pure oxygen environment.
The results have been so good that many insurance companies now pay for the treatment.
Implications - More than just a bandaid, Topical Oxygen Therapy infuses 100% oxygen into a moist and open wound at pressure levels slightly above atmospheric ones. This will supposedly increase local cellular oxygen tension which will accelerate wound healing.
Key Themes Behind This Trend
- Topical Oxygen Therapy
- Topical Oxygen Therapy infuses 100% oxygen into a moist and open wound to accelerate healing.
- Hyperbaric Oxygen Therapy
- Hyperbaric Oxygen Therapy creates a high-pressure pure oxygen environment to help wounds heal.
- Wound Treatment Innovation
- Innovative wound treatments like WoundRX provide new hope for chronic wounds.
Where This Applies
- Healthcare
- The healthcare industry can benefit from the disruptive innovation of Topical Oxygen Therapy for wound healing.
- Insurance
- Insurance companies can explore opportunities to cover the cost of Hyperbaric Oxygen Therapy for wound treatment.
- Medical Technology
- The medical technology industry can develop and market innovative wound treatments like WoundRX to meet the growing demand for chronic wound care.
