Press release
Global Pneumatic Tourniquet Market Size by Growth Rate, Business Challenges, Competitors, and Forecast 2033 | Emergen Research
This report is a comprehensive analysis of the Pneumatic Tourniquet industry, offering an in-depth study of the global market. It serves as a valuable source of data and information related to this industry, covering various aspects with a particular focus on market scope and application areas. The report identifies fundamental business strategies adopted by industry experts and provides an insightful study on the value chains and distribution channels of the global market. The authors have also analyzed current industry trends, growth potential, current overview, and market limitations.
The Pneumatic Tourniquet market size is expected to grow from USD 0.39 billion by the end of 2024 to USD 0.7 billion by 2033, registering a revenue CAGR of 7.4% during the forecast period.
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Market Drivers and Growth Factors
Increasing Surgical Procedures: The rising number of orthopedic and trauma surgeries globally is driving the demand for pneumatic tourniquets.
Technological Advancements: Innovations such as automated pressure control and real-time monitoring are enhancing the safety and efficacy of pneumatic tourniquets.
Preference for Single-Bladder Systems: The growing popularity of single-bladder tourniquet systems, due to their simplicity and effectiveness, is contributing to market growth.
Challenges in the Pneumatic Tourniquet Market
Despite promising growth, the market faces challenges, including stringent regulatory approvals, reimbursement issues, and the availability of alternative bleeding control methods.
Market Segmentation Insights
By Type:
Single Bladder Tourniquet: Expected to reach USD 464.4 million by 2030, growing at a CAGR of 7.8%.
Double Bladder Tourniquet: Projected to grow at a CAGR of 4.6% over the analysis period.
By Application:
Orthopedic Surgeries: A significant segment due to the high volume of procedures requiring tourniquet use.
Intravenous Regional Anesthesia (IVRA): Utilized for limb surgeries requiring blood flow restriction.
Others: Including emergency and trauma surgeries.
Regional Outlook
North America: Held the largest market share in 2023, driven by the presence of major market players, favorable reimbursement policies, and increasing adoption of advanced technologies.
Europe: The second-largest market, attributed to the rising prevalence of surgical procedures and increasing awareness about the benefits of pneumatic tourniquets.
Asia Pacific: Expected to witness the fastest growth during the forecast period, owing to increasing healthcare expenditure, rising population, and growing demand for minimally invasive surgeries.
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Competitive Terrain
The global pneumatic tourniquet market is highly competitive, with several key players operating across various segments. These companies focus on product innovation, strategic collaborations, and mergers and acquisitions to strengthen their market position.
Some major companies included in the Pneumatic Tourniquet market report are:
Zimmer Biomet
Stryker
Ulrich Medical
AneticAid
DS MAREF Co. Ltd.
VBM Medizintechnik GmbH
Shanghai Huifeng Medical Instrument Co. Ltd.
Hangzhou Zhengda Medical Co. Ltd.
Dessillons & Dutrillaux
Hammerplast Medical
Pneumatic Tourniquet Market Segmentation Analysis
By Type Outlook (Revenue, USD Billion; 2020-2033)
Single Bladder Tourniquet
Double Bladder Tourniquet
By Application Outlook (Revenue, USD Billion; 2020-2033)
Orthopedic
Intravenous Regional Anesthesia
Others
By Regional Outlook (Revenue, USD Billion; 2020-2033)
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Benelux
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Regional Outlook:
North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)
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The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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