Surgical Tourniquets Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2029

Market Overview:

The Global Surgical Tourniquets Market Is Expected to Grow at A Significant Growth Rate, And the Analysis Period Is 2022-2028, Considering the Base Year As 2021.

Medical instruments used for prolonged vascular occlusion include surgical tourniquets. During surgery, a surgical tourniquet is a tool used to cut off the blood supply to an extremity. In order to stop bleeding during surgery, medical tourniquets are employed. The most common uses for medical tourniquets are in Orthopaedic and reconstructive plastic surgery.

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Market Dynamics

Driver:

Every time a medical procedure is being performed, surgical tourniquets are frequently necessary. As a result, it is reasonable to anticipate that the market for surgical tourniquets will grow. Increased use of falls, auto accidents, and workplace accidents increases demand for surgical tourniquets. One of the biggest causes of death worldwide is traffic accidents. Additionally, there are gaps in the definition of road safety legislation in places like the Middle East, North Africa, and Latin America, where the industry is expected to expand. In comparison to the developed countries, these regions are noted for having less strict legislation regarding road safety. This element might make driving more dangerous, which would spur the market's expansion.

Opportunities:

Growing demand for joint replacement procedures and the launch of numerous products by major market participants. Additionally, tourniquet devices are in increased demand because of their widespread use in Orthopaedic surgery since they enable surgeons to do procedures faster by enabling them to work in a blood-free environment. Due to the enormous population base, growing elderly population, and abundance of trauma centres in the area, Asia-Pacific is anticipated to have the fastest growth in the surgical tourniquets market globally over the forecast period. Additionally, the presence of local and international firms who invest in R&D projects in China, India, and Japan fuels the expansion of this industry.

The Report Will Include A Major Chapter

• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis

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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

By Type:

•Tourniquet Systems
•Tourniquet Cuffs
•Tourniquet Accessories

By Application:

•Lower-Limb Surgery
•Upper-Limb Surgery

By End Users:

•Hospitals & Trauma Centers
•Ambulatory Surgery Centers
•Military

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Regional Analysis in Surgical Tourniquets Market

Due to the presence of a well-established healthcare infrastructure, a big target population, and a rise in the use of technologically advanced systems, North America held the greatest market share in the tourniquet business year by year. APAC, on the other hand, is the fastest-growing market because of the rise in population, as well as the rise in major falls and road accidents, both of which have increased the demand for tourniquet systems in the region. North America has the greatest market for surgical tourniquets. This is owing to the fact that North America has the world's largest automotive density and established infrastructure, such as four-lane highways, which allow the population to move at a faster rate, resulting in a huge number of traumatic injuries from road accidents.

By Region

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

Key Players For The Global Surgical Tourniquets Market

•Stryker Corporation (US)
•Zimmer Biomet (US)
•Hammarplast Medical(Sweden)
•ulrich medical (Germany)
•VBM Medizintechnik (Germany)
•AneticAid (UK)
•Delli Medical Innovations (Canada)
•Pyng Medical (Canada)
•OHK Medical Devices (Israel)
•Zhangjiagang Huaxin Medical Equipment Factory (China)
•Hangzhou Zhengda Medical Co. (China)
•Dessillons & Dutrillaux (France)
•Daesung Maref (Korea), and Major Players

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Key Industry Development in The Surgical Tourniquets Market

In July 2021 Zimmer Biomet announced a partnership with OSSIS as an exclusive Asia Pacific distributor for patient-specific 3D-printed titanium hip replacement joints. OSSIS, a New Zealand-based company, specializes in complex hip replacements including second-time hip replacement, and replacement involving bone tumours and trauma.

Table of Content:

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2: Executive Summary

Chapter 3: Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application
 3.3 By End Users

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Surgical Tourniquets Market by Type

To be Continued…

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