Global tourniquet systems market expected to generate around USD 911 million by 2025, at a CAGR of around 7.5% between 2019 and 2025. A tourniquet system is a device that applies pressure to the limb to obstruct or stop the blood flow. Hemorrhage control systems are devices aimed to stop or reduce the flow of blood.
The report covers a forecast and an analysis of the tourniquet systems market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019to 2025 based on revenue (USD Million). The study includes the drivers and restraints of the tourniquet systems market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the tourniquet systems market on a global level.
In order to give the users of this report a comprehensive view of the tourniquet systems market, we have included a competitive landscape and an analysis of Porter’s Five Forces Model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, R&D, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.
The study provides a decisive view of the tourniquet systems market by segmenting it based on component, application, and region. All the segments have been analyzed based on present and future trends in the market are estimated from 2019 to 2025. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further classification into major countries including the U.S., Canada, Germany, France, UK, China, Japan, India, and Brazil.
Some key players of the global tourniquet systems market include Delfi Medical, Zimmer Biomet, Hammarplast Medical AB, VBM Medizintechnik, Stryker, ulrich medical, RevMedx, iTraumaCare, and Rudolf Riester.
The report segments the global tourniquet systems market into:
Global Tourniquet Systems Market: Component Analysis
Global Tourniquet Systems Market: Application Analysis
Global Tourniquet Systems Market: Regional Analysis
Hemorrhage is one of the leading causes of death among most of the traumatic injuries across the globe. An early slowdown of bleeding can prevent death in case of hemorrhage. A tourniquet system is a device that applies pressure to the limb to obstruct or stop the blood flow. Hemorrhage control systems are devices aimed to stop or reduce the flow of blood. This tourniquet system is mostly used in emergencies, traumatic battlefield injuries, surgeries, post-operative rehabilitation, etc. There are different types of tourniquet systems available in the market today. These systems are made of silicone or elastic rings and are self-contained mechanical machines that do not require electricity or tubes. These systems also vary in sizes. To select a tourniquet system for a particular patient, the circumference of that body part that needs occlusion is measured and the patient’s blood pressure is recorded and then the best suitable tourniquet system model is suggested.
There are various factors expected to support the growth of the global tourniquet systems market in the future, such as rising number of traumatic injuries in the battlefield, an increasing number of accidents, and government approval for marketing of tourniquet systems in different regions. Clutching necessity for a capable blood occlusion method is another major factor driving the demand for tourniquet cuffs and other instruments. This, in turn, is also fuelling the market for tourniquet systems.
The global tourniquet systems market is bifurcated into component and application. Based on component, the tourniquet systems market includes tourniquet instrument and tourniquet cuffs. The tourniquet cuff segment is further divided into pneumatic and non-pneumatic cuffs. The pneumatic cuffs are expected to dominate the market attributed to the ease of use of the product. Pneumatic cuffs are further segmented into disposable and reusable cuffs. The disposable pneumatic tourniquet systems are anticipated to show the fastest growth over the forecast time period. Based on application, the tourniquet systems market is fragmented into hospitals, ambulatory setting, and non-institutional use. The hospitals segment accounted for a major market share globally in the year 2018.
Geographically, the North America region is expected to lead the global tourniquet systems market over the forecast time period. The region is anticipated to be closely followed by Europe. The Asia Pacific tourniquet systems market is likely to experience notable growth rate in the future, owing to the developing healthcare facilities, the introduction of latest tourniquet systems, and the presence of a large patient pool in the region.
Some key players of the global tourniquet systems market include Delfi Medical, Zimmer Biomet, Hammarplast Medical, VBM Medizintechnik, Stryker, ulrich medical, RevMedx, iTraumaCare, and Rudolf Riester.
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