openPR Logo
Press release

Surgical Tourniquets Market on Track to Hit US$ 812.2 Million by 2029 with a Solid 7.8% CAGR

08-23-2023 03:16 PM CET | Health & Medicine

Press release from: Future Market Insights Inc.

Surgical Tourniquets Market

Surgical Tourniquets Market

According to a recent market analysis conducted by Future Market Insights (FMI), the global Surgical Tourniquets Market was valued at US$ 444.5 Million in 2021 and is anticipated to reach US$ 812.2 Million by 2029.

Surgical tourniquets have long been reliable in establishing a bloodless field of operation for surgeons while maintaining a high level of safety for patients. However, the risk of surgical-site infections as well as tourniquet-related injuries, particularly due to the application of high pressures and high-pressure gradients to the patient, remains a potential threat to the market growth.

In an attempt to reduce the risks associated with higher tourniquet pressures, manufacturers are placing their bets on product innovations and the introduction of novel features such as automatic pressure control, audiovisual alarms, digital displays, and easy-to-use user interface.

Ignite Your Passion for Learning with PDF Samples. @ 
https://www.futuremarketinsights.com/reports/sample/rep-gb-2254

Sales of Tourniquet Cuffs to Ramp up in 2019

According to the FMI analysts, tourniquet cuffs have been a vital part of the modern computer-assisted tourniquet system, which accounted for ~77% of total market revenue in 2018. While the inflatable disposable cuffs represented more than half of the total tourniquet cuff sales in 2018, the consumption of inflatable reusable cuffs is likely to increase by 7.6% y-o-y in 2019.

"In terms of tourniquet systems, dual channel systems will continue to represent a relatively high share as compared to single channel systems, in the view of enabling bi-lateral procedures or simultaneous surgeries of both upper and lower extremity," the FMI analyst said.

The consumption of surgical tourniquets for knee arthroplasty accounted for ~31% of sales in 2018, while increasing application in amputation of limbs and trauma cases is likely to result in increased market share in the future.

"Recent advancements in reverse shoulder arthroplasty along with the introduction of 'personalized' tourniquet systems that allow the use of variable contour design and cuffs for specific patients will open new avenues of growth for the market players," said the FMI analyst.

Hospitals Capture Significant Share, North America in the Vanguard

In 2018, surgical tourniquets worth ~US$ 176 million were sold in hospitals; according to the FMI analysts, growing number of hospitals, especially in developing countries, and greater awareness of advanced medical devices will continue to drive the consumption of surgical tourniquets in hospitals.

Rapid adoption of 'value-based' model in health care settings have led to a surge in the number of ambulatory surgical centers and specialized clinics, thereby paving a new way of growth for the surgical tourniquets market.

The FMI analyst forecasts that North America will continue to remain at the forefront of surgical tourniquets market, representing 30% share in 2018. While North America is likely to be neck-and-neck with Europe to lead the market in future, manufacturers are tapping into new opportunities in developing countries in Asia Pacific.

The surgical tourniquets market shows a fair level of fragmentation, with two prominent players including Zimmer Biomet and Stryker Corporation accounting for more than one-third of the total revenue share. Exploring unmet needs in developing regions and expanding their distribution through collaboration and acquisitions of local and regional manufacturers remain key focal points of the market players.

Unlock a wealth of knowledge with our methodology insights now. @
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-2254

Key Segment

By Product Type

-Tourniquet Systems
-Single Channel Systems
-Dual Channel Systems
-Tourniquet Cuffs
-Inflatable Cuffs
-Disposable Cuffs
-Reusable Cuffs
-Non-Inflatable Cuffs
-Disposable Cuffs
-Reusable Cuffs

By Application

-Knee Arthroplasty
-Amputation of Limbs
-Plastic Surgeries
-Trauma Cases

By End User

-Hospitals
-Ambulatory Surgical Centers
-Specialized Clinics

By Region

-North America
-Europe
-Latin America
-South Asia
-East Asia
-Oceania
-Middle East And Africa
-Emerging Countries

Contact Us:          

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Access Report, Gain Complete Understanding @
https://www.futuremarketinsights.com/reports/surgical-tourniquets-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 7 years.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Surgical Tourniquets Market on Track to Hit US$ 812.2 Million by 2029 with a Solid 7.8% CAGR here

News-ID: 3177878 • Views:

More Releases from Future Market Insights Inc.

13X Molecular Sieve Activated Powder Market to Surpass USD 1,251.6 Million by 2035, Driven by Global Industrial Efficiency and Adhesion Demand
13X Molecular Sieve Activated Powder Market to Surpass USD 1,251.6 Million by 20 …
The 13X Molecular Sieve Activated Powder Market is poised for significant and stable growth, projecting an increase from $761.1 million in 2025 to $1,251.6 million by 2035. This represents a healthy Compound Annual Growth Rate (CAGR) of 5.1%, fueled by a relentless global industrial focus on energy-efficient operations, high-purity chemical processing, and advanced moisture control. The market's upward trajectory underscores the material's critical role across diverse industrial applications, particularly in gas
Polyetheramine Market to Reach USD 4.6 Billion by 2035 Amid Surging Demand in Construction, Automotive, and Renewables
Polyetheramine Market to Reach USD 4.6 Billion by 2035 Amid Surging Demand in Co …
The global Polyetheramine market, a critical component in high-performance materials, is forecasted to grow from an estimated USD 2.0 billion in 2025 to a substantial USD 4.6 billion by 2035, according to new market analysis. This robust expansion represents a compound annual growth rate (CAGR) of 8.9% over the forecast period, driven by widespread adoption in key industrial applications and significant infrastructure development globally. The market's growth is being fueled by
Location Analytics Market to Reach USD 124.3 Billion by 2035, Driven by AI Integration and Geospatial Intelligence
Location Analytics Market to Reach USD 124.3 Billion by 2035, Driven by AI Integ …
The global Location Analytics Market is experiencing rapid growth and is poised to achieve a value of USD 124.3 billion by 2035, registering a remarkable compound annual growth rate (CAGR) of 14.8% from its estimated value of USD 31.3 billion in 2025. This growth trajectory is being propelled by the increasing adoption of geospatial intelligence, AI, IoT-enabled technologies, and smart devices across a wide range of industries. Location analytics is
Global Lactic Acid Cosmic Blends Market to Reach USD 3.66 Billion by 2035, Fueled by Multifunctional Skincare Trends
Global Lactic Acid Cosmic Blends Market to Reach USD 3.66 Billion by 2035, Fuele …
The global Lactic Acid Cosmic Blends Market is on an impressive growth trajectory, with projections indicating a rise from USD 1,081.6 million in 2025 to USD 3,661.2 million by 2035, at a compound annual growth rate (CAGR) of 13.0%. The surge in demand for multifunctional skincare products that combine exfoliation, brightening, and acne benefits is the key driver behind this robust market expansion. Unlock detailed analytics - Request your personalized report

All 5 Releases


More Releases for Tourniquet

Pneumatic Tourniquet
The global Pneumatic Tourniquet market is estimated to attain a valuation of US$ 1 Bn by the end of 2032, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8% during the forecast period, 2022-2032. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of
Tourniquet Market Overview and Regional Outlook Study
The global tourniquet market is known to be extremely dynamic and highly competitive, marked by the emergence of several players globally. The major players leading in the market include Zimmer Biomet Holdings, Inc., Stryker Corporation, and ulrich GmbH & Co. The former two players are based in North America region. Some of the key palyers operating in the market are Delfi Medical Innovation, Inc., Pyng Medical Corporation, VBM Medizintechnik GmbH,
Global Tourniquet Market Research Report 2017
Report Hive Market Research Released a New Research Report of 110 pages on Title " Global Tourniquet Market Research Report 2017 "with detailed Analysis, Forecast and Strategies. A tourniquet is a tightening or compacting gadget, particularly a gauze, used to control venous and blood vessel dissemination to a furthest point for a timeframe. Weight is connected circumferentially upon the skin and hidden tissues of an appendage; this weight is exchanged to
Tourniquet Market Research Report Forecast to 2023
A rising number of road accidents and government interventions aimed at improving the healthcare infrastructure in developing regions are the major factors that will provide major impetus to the global tourniquet market in the coming years. Technological advancements and the introduction of disposable tourniquet cuffs will also play a major role in pushing the market further in the coming years. TMR findings project that the market holds an opportunity of US$408.6
Tourniquet Market for Disposable Tourniquet Cuffs is Projected to Exhibit a CAGR …
The global tourniquet market is characterized by the rising popularity of disposable tourniquet cuffs as concerns regarding bacterial infections from the use of reusable cuffs gather momentum. Despite having the advantage of durability and low cost, the segment of reusable tourniquet cuffs is expected to lose to disposable cuffs over 2015 to 2023. This highly dynamic and competitive market features the presence of a large number of tourniquet suppliers. The market
Global Tourniquet Market is Characterized by the Rising Popularity of Disposable …
A rising number of road accidents and government interventions aimed at improving the healthcare infrastructure in developing regions are the major factors that will provide major impetus to the global tourniquet market in the coming years. Browse Complete Report Details at: http://www.transparencymarketresearch.com/tourniquet-market.html Technological advancements and the introduction of disposable tourniquet cuffs will also play a major role in pushing the market further in the coming years. TMR findings project that the market