Global Surgical Tourniquets Market
The surgical tourniquets market was valued at USD 361.48 million in 2020 which expected to reach 391.55 million by 2030 at a CAGR 8.4%.
Surgical tourniquets are defined as the devices which are majorly used in limb surgeries like orthopedic or plastic surgeries. The main application of tourniquets alters normal physiology wherein, these devices temporarily control the circulation of blood. These are used during surgery of the extremities to restrict blood flow which helps to create a 'bloodless' field of vision for the surgeon. Surgical tourniquets are majorly used military surgeons to stop the flow of blood & also for cannulation.
Market Drivers
The increase in aging population which is highly susceptible to orthopedic conditions along with the increase in patient awareness is anticipated to drive the global surgical tourniquets market growth over the forecast period. Furthermore, greater flexibility & reliability of surgical tourniquets has led to raise in demand for cuffs in recent years, hence the increase in the application of such devices effectively.
The increase in number of accidents, emergency cases, and sports injuries, expected to accelerate the growth of target market. For instance, as per the information provided by Accident and Emergency (A&E) statistics states that around 24.8 million sports-injuries were recorded in the year 2019 which is increased by 2% as compared to the previous year. Also, as per the European Commission, in 2014, around 30,000 people died in Europe because of road accidents. These accidents are responsible for spinal cord or brain and also fatal limb injuries. Moreover, the increase in cases of limb amputation or limb hemorrhage and orthopedic surgeries are expected to propel demand for surgical tourniquets throughout the forecast period.
Market Restraints
The transmission of diseases due to the reusable cuffs is expected to hamper the growth of global surgical tourniquets market. For instance, use of reusable blood pressure cuffs are causes Methicillin Resistant Staphylococcus Aureus. It is a type of bacterium which causes infection in various parts of the body. Also, high hospital costs may hinder the market growth.
Market Segmentation
The Global Surgical Tourniquets Market is segmented into component such as Tourniquet Cuffs, Pneumatic Cuffs (Disposable, and Reusable), Non-Pneumatic Cuffs, and Tourniquet Systems. Further, market is segmented into application such as Leg, and Arms. On the basis of end user market is segmented into Hospitals and Clinics, Ambulatory Settings, and Others. The hospital and clinics segment is expected to witness the highest growth from 2020-2027, due to the increase in awareness amongst consumers.
Regional Analysis
The Global Surgical Tourniquets Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America dominated the tourniquet industry with the largest share in the year 2019, due to the presence of well-established healthcare infrastructure, large target population, and the increase in adoption of technologically advanced systems. On the other hand, the APAC is the fastest growing region owing to the increase in population as well as the increasing number of major falls & road accidents have spurred the demand for tourniquet systems in the region.
Key Players
Key players operating in surgical tourniquets market include Zimmer Biomet, Stryker Corporation, Medic Instrument, Bohua Medical, Pyng Medical Corporation, SAM Medical, Ulrich Medical, Riester, Delfi Medical Innovation, Hammarplast Medical AB,etc.
Some new entrants are expected to witness greater developments with better product offerings & technological advancements in the near future owing to the frequent mergers and acquisitions being undertaken as an attempt to maximize their share that would eventually lead to greater market revenue.
Market Taxonomy
By Component
By Application
By End User
By Region
Key Questions Addressed by the Report
Global Surgical Tourniquets Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Surgical Tourniquets Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Surgical Tourniquets Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Surgical Tourniquets Market Share Analysis, By Component
5.3 Global Surgical Tourniquets Market Size and Forecast, By Component
5.3.1 Tourniquet Cuffs
5.3.2. Pneumatic Cuffs
5.3.2.1. Disposable
5.3.2.2. Reusable
5.3.3. Non-Pneumatic Cuffs
5.3.4. Tourniquet Systems
6 Global Surgical Tourniquets Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Surgical Tourniquets Market Share Analysis, By Application
6.3 Global Surgical Tourniquets Market Size and Forecast, By Application
6.3.1 Leg
6.3.2 Arms
7 Global Surgical Tourniquets Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Surgical Tourniquets Market Share Analysis, By End User
7.3 Global Surgical Tourniquets Market Size and Forecast, By End User
7.3. 1 Hospitals and Clinics
7.3.2. Ambulatory Settings
7.3.3. Others
8Global Surgical Tourniquets Market, By Region
8.1 Global Surgical Tourniquets Market Share Analysis, By Region
8.2 Global Surgical Tourniquets Market Share Analysis, By Region
8.3 Global Surgical Tourniquets Market Size and Forecast, By Region
9 North America Surgical Tourniquets Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Surgical Tourniquets Market Share Analysis, By Component
9.3 North America Surgical Tourniquets Market Size and Forecast, By Application
9.4 North America Surgical Tourniquets Market Size and Forecast, By End User
9.5 North America Surgical Tourniquets Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeSurgical Tourniquets Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Surgical Tourniquets Market Share Analysis, By Component
10.3 Europe Surgical Tourniquets Market Size and Forecast, By Application
10.4 Europe Surgical Tourniquets Market Size and Forecast, By End User
10.5 Europe Surgical Tourniquets Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Surgical Tourniquets Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Surgical Tourniquets Market Share Analysis, By Component
11.3 Asia Pacific Surgical Tourniquets Market Size and Forecast, By Application
11.4 Asia Pacific Surgical Tourniquets Market Size and Forecast, By End User
11.5 Asia Pacific Surgical Tourniquets Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Surgical Tourniquets Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Surgical Tourniquets Market Share Analysis, By Component
12.3 Latin America Surgical Tourniquets Market Size and Forecast, By Application
12.4 Latin America Surgical Tourniquets Market Size and Forecast, By End User
12.5 Latin America Surgical Tourniquets Market Size and Forecast, Country
13Middle East Surgical Tourniquets Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Surgical Tourniquets Market Share Analysis, By Component
13.3 Middle East Surgical Tourniquets Market Size and Forecast, By Application
13.4 Middle East Surgical Tourniquets Market Size and Forecast, By End User
13.5 Middle East Surgical Tourniquets Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Zimmer Biomet
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Stryker Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Medic Instrument
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Bohua Medical
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Pyng Medical Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 SAM Medical
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Ulrich Medical
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Riester
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Delfi Medical Innovation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Hammarplast Medical AB
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
