The global Pneumatic Tourniquet Market size is expected to reach USD 591.6 million by 2028, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. 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.
List of Key Players of Pneumatic Tourniquet Market
- Zimmer Biomet
- Stryker
- Ulrich Medical
- VBM
- Anetic Aid
- DSMAREF Co. Ltd.
Related Press Release@ Pneumatic Tourniquet Market Report
Pneumatic Tourniquet Market Report Highlights
- In terms of type, the single-bladder segment held the largest market
share of over 66% in 2020
- 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 2020
- 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
Related Reports@
Pneumatic Conveying Systems Market
Pneumatic Tourniquet Market Segmentation
Grand View Research has segmented the global
pneumatic tourniquet market on the basis of type, application, and region:
Pneumatic Tourniquet Type Outlook (Revenue, USD
Million, 2016 - 2028)
- Single-bladder
- Double-bladder
Pneumatic Tourniquet Application Outlook (Revenue,
USD Million, 2016 - 2028)
- Orthopedic
- Intravenous Regional Anesthesia (IVRA)
- Others
Pneumatic Tourniquet Regional Outlook (Revenue, USD
Million, 2016 - 2028)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
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