Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 470.88 Million | USD 957.1 Million | 8.2% | 2023 |
The Tourniquet Systems Market size was evaluated at USD 470.88 Million in 2023 and is slated to hit USD 957.1 Million by the end of 2032 with a CAGR of nearly 8.2% between 2024 and 2032.
The report covers a forecast and an analysis of the tourniquet systems market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes the drivers and restraints of the tourniquet systems market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the tourniquet systems market on a global level.
In order to give the users of this report a comprehensive view of the tourniquet systems market, we have included a competitive landscape and an analysis of Porter’s Five Forces Model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Hemorrhage is one of the leading causes of death among most of the traumatic injuries across the globe. An early slowdown of bleeding can prevent death in case of hemorrhage. A tourniquet system is a device that applies pressure to the limb to obstruct or stop the blood flow. Hemorrhage control systems are devices aimed to stop or reduce the flow of blood. This tourniquet system is mostly used in emergencies, traumatic battlefield injuries, surgeries, post-operative rehabilitation, etc. There are different types of tourniquet systems available in the market today. These systems are made of silicone or elastic rings and are self-contained mechanical machines that do not require electricity or tubes. These systems also vary in sizes. To select a tourniquet system for a particular patient, the circumference of that body part that needs occlusion is measured and the patient’s blood pressure is recorded and then the best suitable tourniquet system model is suggested.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, R&D, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.
There are various factors expected to support the growth of the global tourniquet systems market in the future, such as rising number of traumatic injuries in the battlefield, an increasing number of accidents, and government approval for marketing of tourniquet systems in different regions. Clutching necessity for a capable blood occlusion method is another major factor driving the demand for tourniquet cuffs and other instruments. This, in turn, is also fuelling the market for tourniquet systems.
The tourniquet systems market is expanding, driven by several critical factors that highlight the increasing demand for these devices in various medical and emergency settings. Below are the key growth factors contributing to the market's development:
Rising Incidence of Trauma and Accidents: The growing number of trauma cases, including road accidents, falls, and industrial injuries, is a significant driver for the tourniquet systems market. Tourniquets are essential in controlling severe bleeding in emergency situations, making them vital in trauma care, particularly in pre-hospital and military settings.
Increase in Surgical Procedures: The rising number of surgical procedures, especially orthopedic and vascular surgeries, is fueling the demand for tourniquet systems. These devices are commonly used in surgeries to restrict blood flow, providing a bloodless field that enhances surgical precision and reduces complications.
Military and Defense Applications: Tourniquet systems are critical in military and defense sectors for managing battlefield injuries. The need for effective hemorrhage control in combat situations has led to increased adoption of advanced, easy-to-use tourniquet systems by military forces worldwide, driving market growth.
Technological Advancements: Innovations in tourniquet system design, such as automatic and pneumatic tourniquets, have improved safety and efficacy. These advancements include better pressure regulation, safety alarms, and enhanced cuff designs, which minimize the risk of complications like nerve damage or tissue injury, thereby boosting the adoption of these systems.
Increasing Awareness of Hemorrhage Control: Growing awareness about the importance of immediate hemorrhage control, especially in emergency situations, has led to increased use of tourniquet systems. Campaigns and training programs aimed at educating healthcare professionals and the general public about the lifesaving potential of tourniquets are contributing to market growth.
Expansion of Emergency Medical Services (EMS): The expansion and improvement of emergency medical services globally, particularly in emerging markets, is supporting the growth of the tourniquet systems market. As more regions develop and enhance their EMS infrastructure, the demand for essential tools like tourniquets increases.
Regulatory Support and Guidelines: Supportive regulations and guidelines from health organizations emphasizing the use of tourniquets in pre-hospital care and during surgeries are driving market growth. These guidelines often mandate the availability of tourniquet systems in ambulances, hospitals, and other emergency response units.
Growing Geriatric Population: An aging population leads to a higher prevalence of conditions that require surgical interventions, such as osteoarthritis and fractures, which in turn increases the demand for tourniquet systems. The elderly are more susceptible to injuries that may require immediate hemorrhage control, further driving the market.
Adoption in Civilian Use: Beyond professional medical and military applications, there is a growing trend of civilians using tourniquet systems in personal first-aid kits, especially in regions prone to natural disasters or in remote areas with limited access to immediate medical care. This adoption is expanding the market scope.
Research and Development Initiatives: Ongoing research and development efforts are focusing on creating more efficient, user-friendly tourniquet systems that can be used with minimal training. Innovations in materials, design, and functionality are expected to lead to new products that will drive market growth.
These factors collectively contribute to the expansion of the tourniquet systems market, with increased adoption expected in various sectors, including healthcare, military, and civilian emergency preparedness. The market is likely to see continued growth as awareness of the importance of effective hemorrhage control in saving lives spreads globally.
The global tourniquet systems market is bifurcated into component and application.
Based on component, the tourniquet systems market includes tourniquet instrument and tourniquet cuffs. The tourniquet cuff segment is further divided into pneumatic and non-pneumatic cuffs. The pneumatic cuffs are expected to dominate the market attributed to the ease of use of the product. Pneumatic cuffs are further segmented into disposable and reusable cuffs. The disposable pneumatic tourniquet systems are anticipated to show the fastest growth over the forecast time period.
Based on application, the tourniquet systems market is fragmented into hospitals, ambulatory setting, and non-institutional use. The hospitals segment accounted for a major market share globally in the year 2023.
The regional segment, includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further classification into major countries including the U.S., Canada, Germany, France, UK, China, Japan, India, and Brazil.
Report Attributes | Report Details |
---|---|
Report Name | Tourniquet Systems Market |
Market Size in 2023 | USD 470.88 Million |
Market Forecast in 2032 | USD 957.1 Million |
Growth Rate | CAGR of 8.2% |
Number of Pages | 110 |
Key Companies Covered | Delfi Medical, Zimmer Biomet, Hammarplast Medical AB, VBM Medizintechnik, Stryker, ulrich medical, RevMedx, iTraumaCare, and Rudolf Riester |
Segments Covered | By component, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Geographically, the North America region is expected to lead the global tourniquet systems market over the forecast time period. The region is anticipated to be closely followed by Europe. The Asia Pacific tourniquet systems market is likely to experience notable growth rate in the future, owing to the developing healthcare facilities, the introduction of latest tourniquet systems, and the presence of a large patient pool in the region.
Some key players of the global tourniquet systems market include
The report segments the global tourniquet systems market into:
Global Tourniquet Systems Market: Component Analysis
Global Tourniquet Systems Market: Application Analysis
Global Tourniquet Systems Market: Regional Analysis
FrequentlyAsked Questions
Hemorrhage is one of the leading causes of death among most of the traumatic injuries across the globe. An early slowdown of bleeding can prevent death in case of hemorrhage. A tourniquet system is a device that applies pressure to the limb to obstruct or stop the blood flow.
There are various factors expected to support the growth of the global tourniquet systems market in the future, such as rising number of traumatic injuries in the battlefield, an increasing number of accidents, and government approval for marketing of tourniquet systems in different regions.
According to a study, the global tourniquet systems Industry size was $470.88 Million in 2023 and is projected to reach $957.1 Million by the end of 2032.
The global tourniquet systems market is expected to grow at a CAGR of 8.2% during the forecast period.
The North America region is expected to lead the global tourniquet systems market over the forecast time period.
Some key players of the global tourniquet systems market include Delfi Medical, Zimmer Biomet, Hammarplast Medical AB, VBM Medizintechnik, Stryker, ulrich medical, RevMedx, iTraumaCare, and Rudolf Riester.
The global tourniquet systems market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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