Market Highlights: The tourniquets are the constructing devices that can applicable for control bleeding in extreme conditions and prevent from exsanguination. Its exhibits its usability in upper arm or thigh during open injuries of the limbs, reamed intramedullary nailing, peripheral vascular disease and others. Nowadays the tourniquets are rapidly increasing due to advanced technology equipped and ease to use for excellent blood supply. The tourniquets market is rapidly increasing in global regions due to increase the incidence of bone thermal necrosis and predispose to an ‘embolic hit’ with pulmonary in developed countries. The market study is being classified by Type (Latex Tourniquet, TPE Tourniquet and Others), by Application (General Medical, Emergency, Non-institutional and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Tourniquet are Zimmer Biomet (United States), Stryker (United States), Delfi Medical Innovation (Canada), Ulrich GmbH (Germany), Hammarplast Medical (Sweden), Fisher Scientific (United States), Alimed (United States), 3M (United States) and Paul Hartmann (Germany).
The Cuffs, such as Reusable Tourniquet Cuffs, is boosting the Tourniquet market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Component, such as Military Emergency Tourniquet (MET),, is boosting the Tourniquet market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Pressure, such as Pneumatic Tourniquets, is boosting the Tourniquet market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In September 18, 2017, H&H Medical Corporation acquired right to SWAT-T elastic tourniquet from TEMS solutions, LLC. It is beneficial in providing variety of options to treat the injuries and also used on children, adults and pets to control bleeding. According to the World Health Organization Report - 2018, about 28-35% of people aged of 65 and over fall each year increasing to 32-42% for those over 70 years of age resulting in higher demand for the tourniquet systems fueling the market in the region propelling the global surgical tourniquet systems market revenue throughout the forecast period.
Key Questions Answered in the Report What will the Tourniquet Market size and the growth rate be in Future? What are the key factors driving the Tourniquet Market? What are the key market trends and macro-economic impacting the growth of the Tourniquet Market? What are the challenges to market growth? Who are the key vendors in the Tourniquet Market? What are the market opportunities and threats faced by the vendors in the Tourniquet Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Tourniquet Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tourniquet market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tourniquet market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Tourniquets Manufacturers, Tourniquets Traders, End-Use Market Participants of Different Segments of Tourniquets, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.