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Surgical Tourniquets Market To Flourish At Double Digit CAGR During 2020–2026 – Zion Market Research

Surgical tourniquets are used by physicians to work on some part of the body in a proficient way preventing the flow of blood to that specific part. Surgical tourniquets are used during accidents for preventing death caused as a result of blood loss. The product has massively enhanced and ensured surgical procedure safety. A Canadian biomedical engineer named as James McEwen launched the mechanized tourniquet technique for surgery in 1985, thereby bringing a paradigm shift in the surgical tourniquets industry.

Global Surgical Tourniquets Market: Growth Factors

The massive rise in the number of road collisions and falls has resulted in escalating product demand. Apart from this, inflating geriatric populace along with the rise in the number of joint replacement surgical operations are the major growth drivers of the surgical tourniquets market. Additionally, a massive focus on healthcare and social security even in the developed regions can succor the growth of surgical tourniquets market. The equipment has found massive application in the defense sector. Swift technological breakthroughs in tourniquets cuff are predicted to drive the expansion of surgical tourniquets market. Nevertheless, the lack of trained personnel can restrict the surge of the market in the coming years. Furthermore, disease transmission through the reusable cuffs can impact market earnings.

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Global Surgical Tourniquets Market: Segmentation

The surgical tourniquets market can be sectored into type, application, and end user. On the basis of type, the industry is segmented into tourniquets systems, tourniquets accessories, and tourniquet cuffs. Application wise, the surgical tourniquets market is classified into leg and arm applications. In terms of end user, the surgical tourniquets industry is segregated into hospitals, military, trauma units, and ambulatory surgery centers.

Global Surgical Tourniquets Market: Regional Analysis

Region wise, the surgical tourniquets market can be divided into five main regions: Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. North America is projected to dominate the overall surgical tourniquets market growth over the estimated timeframe. The regional growth can be attributed to the immense rise in the number of road collisions and improvement witnessed in the emergency medical treatment across the countries such as the U.S. and Canada.

Rise in the number of fatal accidents and causalities in Europe coupled with the large scale establishments of ambulatory surgery units will steer the growth of the surgical tourniquets industry in the European continent. In addition to this, thriving research activities in the medical, biotechnology, and healthcare sectors in countries such as Germany and the UK will proliferate the industry growth.

Rise in the aging population susceptible to amputation of limbs, heart ailments, and arteriosclerotic vascular disorders will prompt the expansion of surgical tourniquets industry in the Asia Pacific region. APAC consists of densely populated countries such as India and China with a huge patient population pool and rises in new hospital establishments& pathological labs. This aspect will further push the regional market trends.

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Latin America and the Middle East and African markets have huge growth potential and are expected to contribute lucratively towards the overall market size.

Global Surgical TourniquetsMarket: Competitive Players

Few of the main participants in surgical tourniquets market are Hammarplast Medical AB, Shanghai Huifeng, Beijing Xintian, Beijing Jinxinxing, Riester, VBM, Zimmer Biomet, Stryker Corporation, Delfi Medical Innovation Inc., Anetic Aid, Ulrich Medical, Changzhou Yanling, Hangzhou Keyu, Medic Instrument, and Bohua Medical.

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Last Updated: 11-Aug-2020