Pneumatic Tourniquet Market Growth & Trends
The global pneumatic tourniquet market size is expected to reach USD 631.0 million by 2030, expanding at a CAGR of 7.1% from 2024 to 2030. Increasing number of orthopedic and plastic surgeries performed is driving the growth of this market. Moreover, a surge in accidental injuries further contributes to the growth of the market. For instance, according to the Association for Safe International Road Travel (ASIRT), around 38,000 people die and an additional 4.4 million are severely injured annually in crashes on U.S. roadways.
Thus, the demand for pneumatic tourniquets is predicted to increase, as they are mainly used to control bleeding in emergency situations, such as accidents. Furthermore, increasing private and public expenses on the development of healthcare infrastructure in emerging economies are propelling the market growth. In addition, rising R&D activities to develop advanced products are likely to create lucrative market growth opportunities.
Tourniquets are widely used in hospitals for orthopedic procedures if external hemorrhage cannot be controlled by direct pressure. Furthermore, these systems are extensively used owing to their ability to create a bloodless field during orthopedic surgery. This helps surgeons to reduce procedural time. Moreover, the device is used for urgent management of breathing and airway issues during emergencies, such as severe limb amputation or limb hemorrhages with multiple bleeding points. It also offers greater flexibility and reliability, leading to the rising product demand.
Pneumatic Tourniquet Market Report Highlights
- In terms of type, the single-bladder segment held the largest market share of over 66.4%
- The growth is attributed to the high demand for single-bladder devices due to the better clinical efficacy offered by them
- In terms of application, the others segment held the largest market share in 2023
- The segment is expected to remain dominant growing at a considerable growth rate over the forecast period
- Asia Pacific market is expected to witness the fastest growth rate over the forecast period
- This growth is credited to the rising number of orthopedic surgeries performed and growing cases of accidental injuries
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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Pneumatic Tourniquet Market Variables, Trends, & Scope
Chapter 4. Pneumatic Tourniquet Market: Type Estimates & Trend Analysis
Chapter 5. Pneumatic Tourniquet Market: Application Estimates & Trend Analysis
Chapter 6. Pneumatic Tourniquet Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
- AneticAid
- Stryker
- ulrich medical USA
- VBM Medizintechnik GmbH
- Zimmer Biomet
- DS MAREF Co. Ltd.
- DESSILLIONS & DUTRILLAUX
- Hangzhou Kimislab Co., Ltd.
- Shanghai Huifeng Medical Instrument Co., Ltd.
- Jiangsu Qianjing Medical Equipment Co., Ltd
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 390.4 Million |
| Forecasted Market Value ( USD | $ 631 Million |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
