Global surgical tourniquets market is expected to rise to an estimated value of USD 582.77 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Global Surgical Tourniquets Market By Type (Tourniquet Systems, Tourniquet Cuffs, Tourniquet Accessories), Application (Lower-Limb Surgery, Upper-Limb Surgery), End-User (Hospitals & Trauma Centers, Ambulatory Surgical Centers, Military, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Surgical tourniquets are medical devices that are used in several incidences for restricting the flow of blood over a particular limb of the patient. These devices restrict the loss of blood in various surgical procedures providing a clearer view of the limb to the physician and improving their efficiency.
Global surgical tourniquets market is expected to rise to an estimated value of USD 582.77 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing prevalence of road accidents which has been caused by a significant rise in the global population along with advancements in technologies for the product.
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Market Analysis: Global Surgical Tourniquets Market
Tourniquets are routinely and safely used in limb surgeries throughout the world. Tourniquet application alters normal physiology. Healthy patients tolerate these physiological changes well, but the physiological changes may not be well-tolerated by patients with poor cardiac function. This review discusses the physiological changes associated with tourniquet use, safe practice and provides the latest updates regarding tourniquet use. A systematic literature search of PubMed, MEDLINE, Science Direct, and Google Scholar was done Key Market Competitors: Global Surgical Tourniquets Market
- VBM Medizintechnik GmbH
- OHK Medical Devices
- ulrich GmbH & Co. KG
- Delfi Medical
- CAT Resources, LLC
- Huaxin Medical Equipment Factory
- Hammarplast Medical AB
- Zimmer Biomet
- SAM Medical
- AneticAid Ltd
- Üzümcü Tıbbi Cihaz ve Medikal Gaz Sistemleri San. ve Tic. A.Ş.
- Changzhou Yanling Electronic Equipment Co.,Ltd
- COM and Shanghai Huifeng Medical Instrument Co., Ltd.
Market Drivers: Global Surgical Tourniquets Market
- Increasing prevalence of traumatic incidences is expected to positively affect the growth of the market
- Increasing amount of surgeries for joint replacements requiring the usage of product is expected to drive the market growth
- Increasing levels of geriatric population globally resulting in a rise in prevalence of orthopedic disorders and surgical procedures; this factor is expected to drive the growth of the market
Competitive Analysis: Global Surgical Tourniquets Market
Global surgical tourniquets market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of surgical tourniquets market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Topics Covered in this Report: Global Surgical Tourniquets Market (2019 – 2026)
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Key questions answered in the Global Surgical Tourniquets Market report include:
- What will be Surgical Tourniquets market share and the forecast for 2019-2026?
- What are the key factors compelling the worldwide Surgical Tourniquets market?
- Who are the key players in the world Surgical Tourniquets industry?
- What are the factors impacting the revenue and production growth of the Surgical Tourniquets market?
- What are the opportunities & challenges in the Surgical Tourniquets industry?
Market Restraints: Global Surgical Tourniquets Market
- High prevalence and risks of contamination and spread of infections caused due to the usage of reusable tourniquets; this factor is expected to restrain the growth of the market
- Lack of skilled professionals regarding the usage of tourniquets resulting in complications; this factor is expected to restrain the growth of the market
Key Developments in the Market: Global Surgical Tourniquets Market
- In March 2019, SAM Medical announced the launch of their new “SAM Bleeding Control Kits” which have manufactured with providing more capabilities to the user for restricting the flow of blood in patients during times of emergencies and disasters. The kit includes the “SAM XT Extremity Tourniquet”, medical gloves, medical shears, compressed gauze, emergency bandage and instruction card. This will enable better ability to the bystanders and users in protecting the health and safety of the patients.
- In March 2017, SAM Medical announced the launch of “SAM XT Extremity Tourniquet”, an innovative product which utilizes a new “TRUFORCE Buckle” technology which helps in locking the tourniquet once a certain amount of force is achieved restricting the complications associated with lack of knowledge and binding of tourniquets.
Reasons to Purchase this Report: Global Surgical Tourniquets Market
- Current and future of global surgical tourniquets market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report: Global Surgical Tourniquets Market
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Analysis on the market gives us these points
- To gain insights about the major regional insights in which the Global Surgical Tourniquets Market is flourishing.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Global Surgical Tourniquets Market Recent industry trends and developments
- To describe and forecast the Global Surgical Tourniquets Market, in terms of value, by process, product type, and industry.
- Potential and niche segments/regions exhibiting promising growth
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