Market Size of Tourniquet Systems Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | > 8.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Tourniquet Systems Market Analysis
The Tourniquet Systems Market studied was anticipated to grow with a CAGR of nearly 8.1% during the forecast period. The major factors attributing to the growth of the tourniquet systems market are a rise in the number of accident and emergency cases, sports injuries and increased global geriatric population. For instance, according to Accident and Emergency(A&E)statistics report – 2019 about 24.8 million sports-related injuries were recorded representing a rise of 2% compared to 2018 and is expected to increase in the forecast period and fuel the global tourniquets systems market.
Tourniquet Systems Industry Segmentation
The Tourniquet systems are devices that are to used surgical procedures to achieve and maintain a bloodless field in the upper and lower extremities. Tourniquet systems have a wide range of applications owing to their advantages that are helpful in various emergencies and lifethreatening limb hemorrhages with multiple bleeding points, reconstructive procedures, cosmetic, and orthopedic surgeries.
By Component Type | |||||||
Tourniquet Instruments | |||||||
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Tourniquet Accessories |
By Application | |
Lower-limb Surgery | |
Upper-limb Surgery |
By End-user | |
Hospitals | |
Surgical Care Centers | |
Non-institutional Use |
Geography | ||||||||
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Tourniquet Systems Market Size Summary
The tourniquet systems market is poised for significant growth, driven by an increase in accident and emergency cases, sports injuries, and a rising global geriatric population. The market is characterized by the dominance of the tourniquet cuffs segment, which is expected to maintain its leading position due to the growing demand for joint replacement surgeries and their extensive applicability in orthopedics, trauma, and emergency settings. Pneumatic cuffs, in particular, are gaining traction for their ability to provide controlled and standardized pressure, facilitating bloodless fields during orthopedic surgeries and thereby enhancing procedural efficiency. The hospital sector is anticipated to remain the largest end-user, propelled by the necessity of tourniquet systems in managing external hemorrhage from trauma cases. Additionally, the non-institutional segment is experiencing rapid growth, driven by increased adoption in military and war settings.
Regionally, North America leads the market, supported by a high incidence of trauma cases among the elderly and the availability of advanced technologies. Europe follows as the second-largest market, with growth fueled by road accidents, a rising geriatric population, and an increase in sports activities. The Asia-Pacific region is expected to witness the fastest growth, attributed to its large target population and a high rate of trauma cases. The market is moderately competitive, with major players like Delfi Medical Innovations Inc, Zimmer Biomet Holdings Inc, and Stryker Corporation dominating through product launches and distribution strategies. These dynamics collectively contribute to the anticipated expansion of the global tourniquet systems market over the forecast period.
Tourniquet Systems Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 The Rise in Number of Fall and Unintentional Injury Cases Along With the Rise in Geriatric Population
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1.2.2 Rise in Number of Hospitals and Global Adoption of Advanced Healthcare Infrastructure
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1.3 Market Restraints
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1.3.1 Lack of Skilled Professionals to Operate the Advanced Systems
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1.3.2 Transmission of Infectious Diseases Associated with Increased Usage of Reusable Cuffs
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Component Type
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2.1.1 Tourniquet Instruments
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2.1.2 Tourniquet Cuffs
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2.1.2.1 Pneumatic
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2.1.2.1.1 Disposable
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2.1.2.1.2 Reusable
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2.1.2.2 Non-pneumatic
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2.1.3 Tourniquet Accessories
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2.2 By Application
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2.2.1 Lower-limb Surgery
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2.2.2 Upper-limb Surgery
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2.3 By End-user
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2.3.1 Hospitals
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2.3.2 Surgical Care Centers
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2.3.3 Non-institutional Use
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle-East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle-East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Tourniquet Systems Market Size FAQs
What is the current Tourniquet Systems Market size?
The Tourniquet Systems Market is projected to register a CAGR of greater than 8.10% during the forecast period (2024-2029)
Who are the key players in Tourniquet Systems Market?
Delfi Medical Innovations Inc, Zimmer Biomet Holdings Inc, Hammarplast Medical AB, Stryker Corporation and AneticAid Ltd are the major companies operating in the Tourniquet Systems Market.