Tourniquet Systems Market to Grow with a CAGR of 6.25% through 2028
Increasing surgical procedures and growing geriatric
population are factors driving the Global Tourniquet Systems Market in the forecast
period 2024-2028.
According to TechSci Research report, “Tourniquet
Systems Market – Global Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Tourniquet Systems Market stood at
USD 470.32 million in 2022 and is anticipated to grow with a CAGR of 6.25% in the
forecast period, 2024-2028. The global
tourniquet systems market has witnessed significant growth in recent years, and
this trend is expected to continue in the foreseeable future. Tourniquet
systems are medical devices used to control and restrict blood flow to a
specific area of the body during surgical procedures or to manage traumatic
bleeding. Several factors are driving the expansion of this market, and
understanding these market drivers is crucial for both industry stakeholders
and healthcare professionals. One of the primary drivers of the global tourniquet
systems market is the rising number of surgical procedures worldwide. As
healthcare infrastructure improves and the global population continues to grow,
the demand for various surgeries, including orthopedic, cardiovascular, and
plastic surgeries, is on the rise. Tourniquet systems are essential tools for
surgeons to ensure a bloodless operating field, thereby improving the precision
and safety of surgical procedures.
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Trauma and emergency care are critical
aspects of modern healthcare. Tourniquet systems are essential in managing
traumatic injuries, especially in emergency situations. With an increasing
number of accidents and incidents that cause severe bleeding, the demand for
tourniquet systems in pre-hospital and hospital settings is growing. This surge
in demand is a significant driver for the tourniquet systems market. Technological
advancements have played a pivotal role in the growth of the tourniquet systems
market. The development of advanced tourniquet systems, including digital
tourniquets with precise pressure control and automatic release features, has
made these devices more effective and user-friendly. These innovations are
encouraging healthcare facilities to invest in the latest tourniquet
technologies.
Patient safety and care quality have
become paramount in healthcare. Tourniquet systems, when used correctly,
significantly reduce the risk of surgical complications and improve patient
outcomes. Healthcare professionals and institutions are increasingly aware of
the importance of using high-quality tourniquet systems, which drives the
market's growth.
The Global Tourniquet Systems Market is segmented into
component, end user and company.
Based on end user, the Hospitals And Clinics segment
has emerged as the predominant market leader. Hospitals and clinics are highly
regulated environments. They are mandated to adhere to stringent quality and
safety standards. Tourniquet systems used in these settings must meet these
regulations, which often involve rigorous testing and certification.
Ultimately, the primary focus of hospitals and clinics is to provide quality
patient care. Tourniquet systems play a pivotal role in ensuring patient safety
and positive outcomes during surgical procedures. Therefore, healthcare
providers in these settings prioritize the use of high-quality tourniquets to
enhance patient care.
Based on region, North America segment is expected to
grow during the forecast period. North America has stringent
regulatory standards and quality control measures in place for medical devices.
The U.S. Food and Drug Administration (FDA) and Health Canada, for instance,
ensure that tourniquet systems meet rigorous safety and performance criteria.
Compliance with these standards enhances the reputation of North American
tourniquet manufacturers and assures customers of product reliability. North American
companies have established strong distribution networks both domestically and
internationally. These networks enable efficient and widespread distribution of
tourniquet systems, making them readily available to healthcare facilities,
first responders, and military organizations worldwide.
The Asia Pacific region is experiencing rapid market
growth. Asia Pacific’s tourniquet manufacturers have fostered partnerships and
collaborations with international organizations and governments. These
collaborations open up new markets and opportunities, allowing Asia Pacific to
maintain a dominant position in the global tourniquet systems market.
Major companies operating in Global Tourniquet
Systems Market are:
- Delfi Medical Innovations Inc.
- Zimmer Biomet Holdings, Inc.
- Hammarplast Medical AB
- VBM Medizintechnik GmbH
- Stryker Corporation
- Ulrich Medical
- Rudolf Riester GmbH
- AneticAid
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“The global tourniquet systems market is poised for
continued growth due to various market drivers. These drivers include the
increasing number of surgical procedures, the demand for trauma and emergency
care, technological advancements, the growing awareness of patient safety, the
aging population, rising healthcare expenditure, and stringent regulations. As
healthcare continues to evolve and prioritize patient care and safety, the
tourniquet systems market will remain a vital component of the medical device
industry.,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Tourniquet Systems Market By Component (Tourniquet
Instrument, Tourniquet Cuffs(Pneumatic, Non-Pneumatic), By End user (Hospitals
And Clinics, Ambulatory Care Centers, Others),
By Region, By
Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Tourniquet Systems Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Tourniquet Systems Market.
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