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.
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
About Us:
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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