12th November 2019 – Global Tourniquet
Systems Market is expected to reach USD 594.8 million by 2025.
Tourniquet Systems is a compressing device mainly used to control venous and
arterial blood circulation to the lower or upper extremity for a period.
Pressure is applied circumferentially on the skin and basic tissues of a limb.
Further, this pressure is transported to the walls of vessels, causing them to
become shortly choke. In surgical settings, the function of a Tourniquet is to
apply adequate pressure on the arterial blood flow in a limb following
exsanguinous to produce a comparatively bloodless operative field. The Tourniquet
System Market is estimated to grow at a significant CAGR of 7.7% over the
forecast period as the scope and its applications are rising enormously across
the globe.
Growing geriatric population, increasing
patient awareness regarding tourniquet system, and higher flexibility and
consistency of tourniquet systems are documented as major factors of Tourniquet
Systems Market that are estimated to enhance the growth in the years to come.
However, high chances of disease caused by reusable cuffs and high hospital
charges are the factors that may restrain overall market growth in the coming
years. Tourniquet System Market is segmented based on product type,
application, end user, and region.
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Tourniquet cuffs and tourniquet
instrument are the product types that could be explored in Tourniquet Systems
in the forecast period. Tourniquet cuffs comprise non-pneumatic and pneumatic.
Tourniquet cuffs sector accounted for the significant market share of
Tourniquet System and is estimated to lead the overall market in the coming
years, as rising awareness among customers and high demand in emergency,
orthopedics, and trauma settings. In addition, pneumatic cuffs sector is
estimated to grow at fastest pace with highest CAGR in the coming years.
The market may be categorized based on
applications like leg cuffs, arm cuffs, and others that could be explored in
the forecast period. Several end users like non-institutional, hospitals,
physician/clinic, and others could be explored in Tourniquet Systems in the
forecast period. Hospital sector accounted for the substantial market share of
Tourniquet System and is estimated to continue its dominance in the coming
years. Also, non-institutional sector is estimated to grow at fastest pace in
the coming years.
Globally, North America accounted for
the substantial market share of Tourniquet System and is estimated to lead the
overall market in the coming years. The reason behind the overall market growth
could be presence of developed and well-equipped healthcare infrastructure and
presence of huge target population. The United States is a major consumer of
Tourniquet Systems in the region.
Instead, Europe and the Asia Pacific are
also estimated to have a positive influence on the future growth. Europe is the
second largest region with significant market share. However, Asia Pacific is
estimated to grow at fastest pace with the highest CAGR in the foremost period.
The aspects that may be ascribed to the growth comprise rising number of road
accidents, developing healthcare infrastructure, and growing population in the
region. The developing countries like Indonesia, India, and Thailand are the
major consumer of Tourniquet Systems in the region.
The key players of tourniquet systems industry
are Rudolf Riester GmbH, Delfi Medical, Ulrich Medical, Zimmer Biomet, Stryker,
Hammarplast Medical AB, and VBM Medizintechnik GmbH. These players are
concentrating on inorganic growth to sustain themselves amongst fierce
competition. As companies all over the world have to believe that alliance with
a market would permit them proportional market existence and authority to
declare the leadership position.
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