Surgical Tourniquets Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.55 Billion |
| Market Size (2029) | USD 0.81 Billion |
| CAGR (2024 - 2029) | 8.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Surgical Tourniquets Market Analysis
The Surgical Tourniquets Market size is estimated at USD 0.55 billion in 2024, and is expected to reach USD 0.81 billion by 2029, growing at a CAGR of 8% during the forecast period (2024-2029).
The growth of the studied market is driven by the rise in trauma cases, the increased number of hospitals the adoption of advanced healthcare infrastructure, and the rise in the geriatric population.
The increasing geriatric population worldwide and the rise of orthopedic diseases such as arthritis and osteoporosis are the mainstays of the surgical tourniquets market. For instance, according to an article published by Frontiers in Rehabilitation Sciences in April 2023, it is estimated that osteoarthritis affects about 3.3 to 3.6% of the population globally, and it causes moderate to severe disability in 43 million people, making it the 11th most debilitating disease worldwide.
The article also stated that in the United States, it is estimated that 80% of the population over 65 years old has radiographic evidence of osteoarthritis. However, only 60% of this subset has symptoms. The growing prevalence of arthritis and the increasing burden of arthritis conditions among the elderly are expected to boost the market growth, as surgical tourniquets are expected to be increasingly used during the surgical treatment procedures of arthritis.
Furthermore, according to the World Population Prospects: 2022, published by the UN in 2022, it was estimated that the share of the global population aged 65 years or above is projected to rise from 10% in 2022 to 16% in 2050. As a person ages, his bones become weaker, making him more prone to surgical treatments. Thus, with the aging population, the usage of surgical tourniquets is expected to increase during orthopedic surgeries, which is expected to enhance future market growth.
Hence, due to the factors above, such as the rising prevalence of orthopedic diseases such as arthritis and the rising geriatric population, the studied market is expected to experience growth during the forecast period of the study. However, factors such as the lack of skilled professionals and the risk of infectious disease transmission are expected to impede the market's growth.
Surgical Tourniquets Market Trends
Tourniquets Systems are Expected to Hold A Significant Market Share in the Surgical Tourniquets Market Over the Forecast Period
The tourniquet systems are expected to hold a significant market share due to the rising demand for joint replacement surgeries, and as they are widely used due to their ability to create a bloodless field during orthopedic surgery that helps surgeons to decrease the procedural time.
According to an article published by the scientific report in June 2022, tourniquet use was considered a standard procedure during total knee arthroplasty (TKA); it is mainly used to reduce blood loss and obtain a bloodless surgical field for soft tissue resections, osteotomies, and the implantation of prostheses in the knee. Thus, the rising usage of tourniquets in popular procedures such as total knee arthroplasty is expected to boost segment growth.
Furthermore, the rising use of surgical tourniquet systems in orthopedic surgeries is also expected to boost segment growth. For instance, according to an article published by the Journal of Experimental Orthopedics in July 2022, tourniquet use became common in orthopedics during extremity surgery. The tourniquet has been used extensively during total knee arthroplasty (TKA), with over an estimated 90% of surgeons in the United Kingdom and the United States routinely employing it for treating TKAs.
Also the launch of products also propels the growth of the market segment. For instance, in August 2022, SourceMark Medical was awarded a group purchasing agreement with Premier, Inc., for their Tourniquet Touch Pneumatic Tourniquet system.
Hence, due to the factors above, such as the rising usage of tourniquet systems in orthopedicand plastic surgeries and the rising prevalence of orthopedic diseases coupled with the rising geriatric population, the studied segment is expected to experience growth during the forecast period.
North America is Expected to Hold a Significant Share the Market Over the Forecast Period.
North America has been the primary market for surgical tourniquets, owing to the rise in the number of road traffic accident cases and cosmetic surgery cases, the rising prevalence of orthopedic diseases, the rising geriatric population, and an increase in the adoption of advanced technologies.
The growing elderly population is expected to drive the market segment's growth. For instance, according to the data published by Statistics Canada in July 2022, it is estimated that around 7,330,605 people are aged 65 years or older in Canada, accounting for 18.8% of the total population. As the geriatric population is more prone to fractures and other orthopedic diseases, it is expected to drive the market's growth.
Moreover, the rising number of road traffic accidents is also expected to boost market growth as it would increase the usage of surgical tourniquets in emergency orthopedic surgeries. For instance, according to the data updated by the Ontario Provincial Police (OPP) in February 2023, there was a 20% increase in road traffic collisions in Ontario, Canada, in 2022 compared to the previous year which was 74,172 in 2022.
Furthermore, according to the American Joint Replacement Registry (AJRR) Annual Report , 2023, 385.66 thousand hip and knee arthroplasty procedures were performed in United States in 2022. Such high number total knee arthroplasty procedures in the United States are expected to boost the market growth in the region.
Thus, due to the abovementioned factors, such as the rising total knee arthroplasty procedures and the rising geriatric population, the North American region is expected to experience growth during the forecast period of the study.
Surgical Tourniquets Industry Overview
The surgical tourniquets market is moderately competitive and consists of several major players. A few of the major players are currently dominating the market in terms of market share. Some prominent players are launching new products, while others are distributing the products. Some companies currently dominating the market are Zimmer Biomet, Stryker Corporation, Ulrich Medical, Hammarplast Medical AB, and AneticAid Ltd.
Surgical Tourniquets Market Leaders
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Ulrich Medical
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AneticAid Ltd
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Zimmer Biomet
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Hammarplast Medical AB
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Stryker Corporation
*Disclaimer: Major Players sorted in no particular order
Surgical Tourniquets Market News
- June 2024: Technimount E.M.S. Holding Inc. signed a distribution agreement in Canada with Compression Works Inc. for the distribution of Abdominal Aortic and Junctional tourniquet–stabilized (AAJT-S).
- January 2024: ITL BioMedical launched its new IV Start Kit in the United States market. The kit will include a TPE Tourniquet and other aseptic techniques products.
Surgical Tourniquets Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rise in Number of Trauma Cases
4.2.2 Increased Number of Hospitals and Adoption of Advanced Healthcare Infrastructure
4.3 Market Restraints
4.3.1 Lack of Skilled Professionals and Risk of Infectious Disease Transmission
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Type
5.1.1 Tourniquet Systems
5.1.2 Tourniquet Cuffs
5.1.3 Tourniquet Accessories
5.2 By Applications
5.2.1 Lower-limb Surgery
5.2.2 Upper-limb Surgery
5.3 By End-user
5.3.1 Hospitals and Trauma Centers
5.3.2 Ambulatory Surgery Centers
5.3.3 Other End-users
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Stryker Corporation
6.1.2 Zimmer Biomet
6.1.3 Ulrich Medical
6.1.4 Hammarplast Medical
6.1.5 Anetic Aid
6.1.6 VBM Medizintechnik
6.1.7 Delfi Medical Innovations
6.1.8 Daesung Maref
6.1.9 OHK Medical Devices
6.1.10 Dessillons & Dutrillaux
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Surgical Tourniquets Industry Segmentation
As per the report's scope, surgical tourniquets are devices employed in surgical procedures to restrict the blood flow of extremities. Due to their advanced features, tourniquets have a wide range of applications, including various surgeries, joint replacements, reconstructive procedures, and cosmetic and orthopedic surgeries.
The Surgical Tourniquets Market is Segmented by Type, Application, End User, and Geography. By Type, the market is subsegmented into Tourniquet Systems, Tourniquet Cuffs, and Tourniquet Accessories. By Applications, the market is subsegmented into Lower-limb Surgery and Upper-limb Surgery. By End-User, the market is subsegmented into Hospitals and Trauma Centers, Ambulatory Surgery Centers, and Other End-Users. By Geography market is subsegmnted into North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the segments mentioned above.
| By Type | |
| Tourniquet Systems | |
| Tourniquet Cuffs | |
| Tourniquet Accessories |
| By Applications | |
| Lower-limb Surgery | |
| Upper-limb Surgery |
| By End-user | |
| Hospitals and Trauma Centers | |
| Ambulatory Surgery Centers | |
| Other End-users |
| Geography | ||||||||
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Surgical Tourniquets Market Research FAQs
How big is the Surgical Tourniquets Market?
The Surgical Tourniquets Market size is expected to reach USD 0.55 billion in 2024 and grow at a CAGR of 8% to reach USD 0.81 billion by 2029.
What is the current Surgical Tourniquets Market size?
In 2024, the Surgical Tourniquets Market size is expected to reach USD 0.55 billion.
Who are the key players in Surgical Tourniquets Market?
Ulrich Medical, AneticAid Ltd, Zimmer Biomet, Hammarplast Medical AB and Stryker Corporation are the major companies operating in the Surgical Tourniquets Market.
Which is the fastest growing region in Surgical Tourniquets Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Surgical Tourniquets Market?
In 2024, the North America accounts for the largest market share in Surgical Tourniquets Market.
What years does this Surgical Tourniquets Market cover, and what was the market size in 2023?
In 2023, the Surgical Tourniquets Market size was estimated at USD 0.51 billion. The report covers the Surgical Tourniquets Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Surgical Tourniquets Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Surgical Tourniquets Industry Report
Statistics for the 2024 Surgical Tourniquets market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Surgical Tourniquets analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
