About Manual Tourniquet
The manual tourniquet is a device made of rubber of elastic cloth. It generally consists of narrow strips of material that employ a simple tool that facilitates a mechanical advantage. In recent years manual tourniquets are also known as non-pneumatic, emergency, and commercial tourniquets. This tourniquet is not inflatable and primarily used in pre-hospital settings. For pre-hospital care of a patient with trauma to an extremity, a non-pneumatic tourniquet may be employed as a last resort to control hemorrhage. While manual tourniquets were originally made for soldiers to control bleeding following procedures such as vein stripping. The lightweight and least amount of material are used thereby, a manual tourniquet is innocuous to use.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Europe Players will contribute the maximum growth to Global Manual Tourniquet market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Delfi Medical Innovations Inc. (Canada), COMED (United States), MedicalExpo (France), VBM Medizintechnik GmbH (Germany), Hersill Medical Devices (Spain), H&H Medical (United States), KaWe Medizintechnik (Germany), PYNG Medical (Canada), Tactical Medical Solutions Inc. (United States), GPC Medical Ltd (India), TYPHUNG (China), Honsun (China) and Narang Medical Ltd (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Manual Tourniquet market by Type (Natural Rubber Tourniquets and Synthetic Rubber Tourniquets), Application (Hospitals, Ambulances, Schools, Military and Others) and Region.
On the basis of geography, the market of Manual Tourniquet has been segmented into 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). If we see Market by Sales Channel, the sub-segment i.e. E-Commerce will boost the Manual Tourniquet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Adoption as First-Aid Kit in Military
Market Growth Drivers:
Increasing Demand from Hospitals, Schools and Other and Growing Demand of Manual Tourniquets due to Increasing Number of Accidents
Challenges:
Manual Tourniquets Replaced by Pneumatic Tourniquets and Lack of Awareness of Use in Underdeveloped Areas
Restraints:
High Cost Associated with Manufacturing of Manual Tourniquets and Tourniquet May Lead to Permanent Muscle Damage and Even Necrosis.
Opportunities:
Technology Advancement in Medical Industry as First-Aid Kit and Demand for Fast and Effective Tool to Stop Major Extremity Bleeding
Key Target Audience
Manual Tourniquet Manufacturers, Raw Material Suppliers, Distributors/Traders/Wholesalers/Suppliers, Government Agencies and NGO, Commercial Research and Development (R&D) Institutions, Importers and Exporters of Manual Tourniquet, Trade Associations and Industry Bodies and End-use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.