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Tourniquet Cuffs Market Trends, Top Companies, Share, Growth And Forecast 2033
Tourniquet Cuffs Market Trends
According to The Business Research Company's, The tourniquet cuffs market size has grown strongly in recent years. It will grow from $3.38 billion in 2023 to $3.63 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to rising frequency of slips, rising prevalence of lower limb injuries aids, increasing prevalence of traumatic injuries, increasing focus on patient safety, rise in military and defense applications.
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Market Drivers and Trends:
The rising demand for joint replacement procedures is expected to propel the growth of the tourniquet cuff market going forward. A joint replacement procedure is a surgical procedure in which a surgeon removes a damaged joint and replaces it with a new, artificial part. Tourniquet cuffs are used in joint replacement procedures, particularly for hip and knee replacements, to allow for better visualization of anatomical structures, potentially improving surgical accuracy and reducing the risk of complications. For instance, in November 2023, according to the American Association of Hip and Knee Surgeons, a US-based organization for advancing hip and knee patient care, the total hip replacement procedures in the US increased by 3.8% from 737,503 in 2021 to 765,558 in 2021, and the total knee replacement procedures increased by 5.1% from 1,235,835 in 2021 to 1,299,084 in 2022. Therefore, the rising demand for joint replacement procedures is driving the growth of the tourniquet cuff market.
The Growing Incidence Of Trauma And Accidents Driving Tourniquet Cuff Market Growth
The growing incidence of trauma and accidents is expected to propel the growth of the tourniquet cuff market going forward. Trauma and accidents refer to sudden physical injuries or wounds resulting from an external force or event. Tourniquet cuffs are used in trauma and accidents to control bleeding from severe limb injuries to stabilize the patient and prevent excessive blood loss until they receive proper medical treatment. For instance, according to the California Office of Traffic Safety, a US-based government administration, the number of traffic fatalities in California increased by 7.6% from 3,980 in 2020 to 4,285 in 2021. Therefore, the growing incidence of trauma and accidents is driving the tourniquet cuff market.
Major companies operating in the tourniquet cuff market are developing innovative products, such as pneumatic tourniquet cuffs, to control hemorrhage and blood loss. A pneumatic tourniquet cuff is a medical device composed of an inflatable bladder with one or two pneumatic connections (ports), a stiffener, and contact closures. For instance, in June 2023, SourceMark Medical, a US-based medical equipment manufacturer, launched a comprehensive line of self-branded disposable single- and dual-port pneumatic tourniquet cuffs. It is made with high-quality materials, including kink-resistant silicone tubing and soft, easy-to-apply cuffs with cuff sleeves included. In addition to lowering handling expenses, this new range of sterile, single-use tourniquet cuffs significantly lowers the risk of infection and guards against bacterial transmission. The tourniquet cuffs also feature advanced technology, such as a large 8-touch-screen interface that displays clear information regarding pressure and inflation time, reducing the risk of mistakes and allowing for precise regulation.
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Major Key Players of the Market:
Stryker Corporation, Zimmer Biomet Holdings Inc., Smith & Nephew plc , Getinge Group AB , Fukuda Denshi Co. Ltd. , Aesculap AG, Ethicon Inc. , B. Braun Melsungen AG , ulrich medical, Rudolf Riester GmbH, Hammarplast Medical AB, Sam Medical, ME.BER. srl, Anetic Aid Ltd., C.A.T Resources, Covidien , Delfi Medical Innovations Inc. , Innovative Trauma Care Inc., Nouvag AG, OHK Medical Devices, Pyng Medical Corp., VBM Medizintechnik GmbH, Hill-Rom Holdings Inc., Premier Tourniquet Cuffs, AT4 Surgical Pneumatic Tourniquet, Maquet Holding B.V. & Co. KG, Terumo Corporation , Zhangjiagang Huaxin Medical Equipment Factory
Tourniquet Cuffs Market 2024 Key Insights:
• The tourniquet cuffs market is expected to grow to $4.61 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%.
• Rising Demand For Joint Replacement Procedures Drives Growth In The Tourniquet Cuff Market
• Innovative Advancements In Tourniquet Cuff Technology Sourcemark Medical Launches Sterile Disposable Pneumatic Tourniquet Cuffs With Cutting-Edge Features
• North America was the largest region in the tourniquet cuffs market in 2023
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