Global Surgical Tourniquets Market

The rising occurrence of road accidents and falls has contributed to a spike in the market for surgical tourniquets. In addition, the number of joint replacement operations and the rising aging population are the key factors responsible for this market's growth. The main areas of opportunities for players in this business are emerging markets like India, China, and Japan. On the other hand, to a certain degree, a dearth of qualified practitioners could hinder market expansion.

The global surgical tourniquets market is projected to reach USD 606.1 million by 2028, growing at a CAGR of 8.6%. Growing implementation of trauma care devices, increasing number of road mishaps and falls and upsurge in the patient pool undergoing orthopaedic disorders are some of the factors driving the growth of the global surgical tourniquets market.

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It is expected that the increasing acceptance rate of trauma care equipment and the growing recognition of government agencies and NGOs will raise the overall sales of the demand for surgical tourniquets. Several worldwide programs are building awareness and urging the community to look for the same prevention strategies for blood loss. It is expected that recognition of the need for early blood loss reduction would greatly lead to the growth of the demand for surgical tourniquets. Strategic alliances between key players serving underdeveloped and developing countries, especially in some Asian countries and Africa, are expected to drive the growth of the market for surgical tourniquets.

Higher usage rates of surgical tourniquets by surgeons in orthopedic procedures are generating favorable demand in developing markets. In the forecast timeframe, the production of pneumatic tourniquet cuffs and tourniquet systems together is projected to produce strong revenue revenues for the demand for surgical tourniquets.

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Owing to the profitable growth opportunities in these markets, the majority of main producers of medical devices are growing their focus on emerging markets, as well as increasing their channels of distribution. Lifestyle decisions are caused by changes in disease trends. In addition, growing income, sports-related trauma, improvements in lifestyle, increased access to healthcare facilities, and the demand for quality treatment make developing markets extremely profitable for companies in the area of surgical tourniquets.

North America dominated the market for surgical tourniquets in 2020, while Asia-Pacific is set to grow at the highest CAGR due to swift modification of manufacturing facilities. Key players of the global surgical tourniquets market include Stryker Corporation, Hammarplast Medical AB, AneticAid Ltd., ulrich GmbH & Co.KG, Delfi Medical, OHK Medical Devices, VBM Medizintechnik GmbH, Pyng Medical, Huaxin Medical Equipment Factory, Zimmer Biomet among others.

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Key segments of the global surgical tourniquets market

Type Overview, 2018-2028 (USD Million)

Tourniquet systems
Tourniquet cuffs
Tourniquet accessories
Application 2018-2028 (USD Million)

Lower-limb surgery
Upper-limb surgery
Regional Overview, 2018-2028 (USD Million)

North America
U.S.
Canada
Europe
Germany
United Kingdom
France
Asia Pacific
China
Japan
India
South America
Middle East & Africa
Highlights of the report:

Full background analysis that includes an assessment of the parent market.
Important changes in market dynamics
Segmentation of the market to the second or third level
Historical, current and projected market size in terms of both value and volume.
Reporting and assessment of the latest developments in the industry
Market shares and strategies of key players
New niche segments and regional markets
Objective assessment of the market trajectory
Recommendations for companies to strengthen their market positions.
Reason to Buy:

Save and cut entry-level research time by identifying growth, size, leading players and segments in the global Surgical Tourniquets market.
Highlights key business priorities to help companies rethink their business strategies.
Key findings and recommendations highlight critical progressive industry trends in the Surgical Tourniquets market, enabling players to develop effective long-term strategies.
Development / modification of business expansion plans using significant growth proposals for developed and emerging markets.
Study the trends and prospects of the global market, as well as the factors driving the market, as well as those that hinder it.
Improve decision making by understanding the strategies that drive business interest in products, segmentation, and industry verticals.
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