SAN FRANCISCO, Oct. 19, 2023 /PRNewswire/ — 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.
Key Insights & Findings:
- 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
Read 90 page market research report, “Pneumatic Tourniquet Market Size, Share & Trends Analysis Report By Type (Single Bladder, Double Bladder), By Application (Orthopedic, IVRA), By Region, And Segment Forecasts, 2023 – 2028“, by Grand View Research
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.
Grand View Research has segmented the global pneumatic tourniquet market on the basis of type, application, and region:
- Pneumatic Tourniquet Type Outlook (Revenue, USD Million, 2016 – 2028)
- Single-bladder
- Double-bladder
- Pneumatic Tourniquet Application Outlook (Revenue, USD Million, 2016 – 2028)
- Orthopedic
- Intravenous Regional Anesthesia (IVRA)
- Others
- Pneumatic Tourniquet Regional Outlook (Revenue, USD Million, 2016 – 2028)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
List of Key Players of Pneumatic Tourniquet Market
- Zimmer Biomet
- Stryker
- Ulrich Medical
- VBM
- Anetic Aid
- DSMAREF Co. Ltd.
Browse through Grand View Research’s coverage of the Global Medical Devices Industry:
- Tourniquet Systems Market – The global tourniquet systems market size is expected to reach USD 594.8 million by 2025. Growing incidence of industrial & road accidents and major falls has been a major factor driving market growth.
- General Surgery Devices Market – The global general surgery devices market size is expected to reach USD 26.5 billion by 2026. Increasing number of surgical procedures being performed coupled with technological advancements is anticipated to drive the market.
- Retinal Surgery Devices Market – The global retinal surgery devices market size is expected to reach USD 3.06 billion by 2025. The market is predominantly driven by the growing prevalence of diabetic retinopathy and other chronic retinal eye diseases.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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