What is Surgical Tourniquet Market Scope?
A tourniquet is a compressing or constricting device used to control arterial and venous circulation for a long period of time. Major amount of blood is lost in situation such as open surgeries performed on patients with serious affliction or accidents. Surgical tourniquets are majorly used in plastic surgeries and orthopaedic surgeries.
Surgical Tourniquet Market Dynamics:
Attributes | Details |
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Growth Drivers | - High Incidence of Road Accidents and Falls Worldwide
- Rising Number of Joint Replacement Surgeries
- Increasing Geriatric Population and the Subsequent Growth in the Prevalence of Degenerative Bone Diseases
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Influencing Trends | - Rapid Advancement in Technology Made in Traumatic Centers
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Restraints | - Dearth of Trained Professionals in Emerging Economies
- Transmission of Diseases Using Reusable Cuffs
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Road Blocks / Challenges | - Complications Associated With the Use of Surgical Tourniquets
- Risk of Infection Transmission Associated With the Use of Reusable Tourniquets
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Gaps & Opportunities | - Increasing Government Initiative in the Development of Modern Medical Infrastructure in Developing Countries
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The Surgical Tourniquet market study is being classified by Type (Tourniquet Systems, Tourniquet Cuffs and Tourniquet Accessories), by Application and major geographies with country level break-up.
According to AMA, the Global Surgical Tourniquet market is expected to see growth rate of 7.89% and may see market size of USD508.12 Million by 2027.Major Player In This Market Is Focusing Towards Digital Initiative And Technology Updation In Their Market. And Also Taking Strategic Initiative in Organic and Inorganic Growth and Also Increasing Product Portfolio. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Surgical Tourniquet market throughout the predicted period.
Stryker Corporation (United States), Zimmer Biomet (United States), Hammarplast Medical (Sweden), ulrich medical (Germany), VBM Medizintechnik (Germany), AneticAid (United Kingdom), Delfi Medical Innovations (Canada), Pyng Medical (Canada), OHK Medical Devices (Israel), Zhangjiagang Huaxin Medical Equipment Factory (China), Hangzhou Zhengda Medical Co. (China), Dessillons & Dutrillaux (France) and Daesung Maref (Korea) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Surgical Tourniquet market by Type, Application and Region.
On the basis of geography, the market of Surgical 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). North America region hold largest market share in the year 2021.
Market Influencers and their Development Strategies
Stryker announced a definitive merger agreement to acquire all of the issued and outstanding shares of common stock of Vocera Communications, Inc. for 79.25 per share, or a total equity value of approximately 2.97 billion and a total enterprise value of approximately 3.09 billion (including convertible notes). Vocera, which was founded in 2000, has emerged as a leading platform in the digital care coordination and communication category. The importance of this growing segment has continued to expand throughout the pandemic as it aims to reduce cognitive overload for caregivers and enables them to deliver the best patient care possible.
Stryker, one of the world's leading medical technology companies, announced the global launch of the industry’s first and only completely wireless hospital bed, ProCuity. This intelligent bed was designed to help reduce in-hospital patient falls at all acuity levels, improve nurse workflow efficiencies and safety, as well as help lower hospital costs. It is the only bed on the market today that can connect seamlessly to nurse call systems without the use of cables or wires.
Key Target Audience
Surgical Tourniquet Manufacturers, Supplier/Distributors, End Users and Others
Surgical Tourniquet Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Customization available in this Study:
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