Pneumatic Tourniquet Market: Navigating Growth Trends and Regional Dynamics

The Pneumatic Tourniquet market has witnessed substantial growth in recent years, fueled by a confluence of factors such as the global increase in the geriatric population and a surge in road traffic accidents. This article provides a comprehensive analysis of the market, including insights into key market segments, regional dynamics, and competitive landscape.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐃 𝐟𝐨𝐫 𝐓𝐨𝐩 𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐲) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85260&utm_source=OpenPR_Ajay&utm_medium=OpenPR

Market Overview

The Pneumatic Tourniquet market, valued at approximately US$ 413.3 Mn in 2021, is poised for significant expansion with a projected Compound Annual Growth Rate (CAGR) of 8% over the next decade, reaching nearly US$ 1 Bn by 2032. This growth is primarily attributed to the rising demand for Pneumatic Tourniquets, driven by an increased prevalence of orthopedic disorders and trauma-related injuries globally.

Sales Analysis and Market Outlook

From 2017 to 2021, the global market expanded at a CAGR of 7.7%, with a notable uptick expected in the forthcoming years, particularly for Single-bladder Pneumatic Tourniquets. The market is anticipated to grow at a CAGR of 8%, with the United States leading the market, accounting for over US$ 262.2 Mn in absolute dollar opportunity during the next decade.

Region-wise Insights

Asia-Pacific emerges as the most lucrative market for Pneumatic Tourniquets, driven by a concerning surge in road accidents. India, with only a 1% share of the global vehicle volume, accounts for approximately 11% of road crash deaths. This alarming statistic fuels the demand for Intravenous Regional Anaesthesia applications in the region, particularly in accident and trauma-related surgeries.

North America is estimated to capture over 40% of the market share, with the U.S. at the forefront. The growing geriatric population and an increase in motor vehicle accidents contribute to the demand for Pneumatic Tourniquets. Notably, the U.S. is expected to lead the market, driven by a substantial rise in knee replacement surgeries and orthopedic ailments among the aging population.

The U.S. market is projected to maintain its dominant position, experiencing a remarkable CAGR of 10.9%. Factors such as sports-related injuries and the high number of road accidents contribute to the robust demand for Pneumatic Tourniquets. Orthopedic surgeries, especially among the aging population, further drive the market, with around 7 Mn surgeries performed annually.

𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.transparencymarketresearch.com/checkout.php?rep_id=85260

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Nikhil Sawlani
Transparency Market Research Inc.
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