Press release
Tourniquet Systems Market 2021 Status and Growth Outlook - Delfi Medical InnovationsInc, Zimmer Biomet Holdings Inc, Hammarplast Medical AB
The Tourniquet Systems Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Tourniquet Systems Market studied was anticipated to grow with a CAGR of nearly 8.1% during the forecast period.
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Top Leading Companies of Tourniquet Systems Market are Delfi Medical InnovationsInc, Zimmer Biomet Holdings Inc, Hammarplast Medical AB, Stryker Corporation, AneticAid Ltd, Ulrich Medical, OHK Medical Devices, Rudolf Riester GmbH, Dessillons & Dutrillaux, VBM Medizintechnik GmbH and others.
Key Market Trends
Tourniquet Cuffs Segment By Type is Expected to Hold the Major Market Share in the Tourniquets Systems Market
- The tourniquet cuffs segment accounted for the largest share of the market in recent years and is expected to continue throughout the forecast period. The dominance is primarily due to the rising demand for joint replacement surgeries and rises in the applicability owing their advantages like availability in various sizes increases use orthopedics, trauma, and emergency settings.
- Furthermore, the tourniquet pneumatic cuffs have higher demand and are expected to register the highest share as they are widely used due to their ability to provide a standardized pressure which can be easily controlled and compressed regardless of the position, create a bloodless field of the desired area during orthopedic surgery that helps surgeons to decrease the procedural time, thus driving the growth of this market revenue.
- By the End-user segment, the hospital segment is expected to contribute to the largest share of the market over the forecast period due to a rise in the number of trauma cases demanding the necessity of tourniquet systems to control external hemorrhage. Also, the rapid use of the tourniquet cuffs in the non-institutions segment is expected to witness the highest CAGR during the forecast period driving the revenue growth of the segment owing to increased adoption in military settings and war sites are accounted to contribute its share in the global tourniquet systems market.
Regional Outlook of Tourniquet Systems Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Tourniquet Systems Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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