Surgical Tourniquets Market Size
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2021 |
| CAGR | > 7.60 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Surgical Tourniquets Market Analysis
The surgical tourniquets market is anticipated to grow with a CAGR of nearly 7.6% during the forecast period. The major factors attributing to the growth of the surgical tourniquets market include a rise in the number of accident and emergency cases, increased geriatric population, and the global prevalence of sports injuries.
For instance, “Accident and Emergency (A&E) statistics” states that about 24.8 million sports-injuries were recorded In 2019 which is 2% more when compared to the previous year, is also projected to increase in the forecast period, thus drives the global surgical tourniquets market.
Surgical Tourniquets Market Trends
This section covers the major market trends shaping the Surgical Tourniquets Market according to our research experts:
Tourniquets Systems are Expected to Hold the Major Market Share in the Surgical Tourniquets Market
The tourniquets systems segment accounted for the largest share of the market in recent years and is expected to continue throughout the forecast period. The dominance is primarily due to the rising demand for joint replacement surgeries along with the introduction of various products by key players in the market.
Furthermore, tourniquet systems have higher demand as they are widely used due to their ability to create a bloodless field during orthopedic surgery that helps surgeons to decrease the procedural time, thus driving the growth of this market.
North America Dominates the Market and Expected to do Same in the Forecast Period.
North America has been the primary market for surgical tourniquets, owing to the rise in the number of trauma cases, and cosmetic surgery cases and an increase in the adoption of advanced technologies in the U.S. For instance, according to the 2018 Plastic Surgery Statistics, 5.8 million reconstructive procedures were done globally, resultant rise in higher demand for the surgical tourniquets that fuels the market in the region propelling the global surgical tourniquets market.
Globally, the surgical tourniquets market is expected to witness the fastest growth in Asia-Pacific during the forecast period due to the huge population base, rising geriatric population coupled with trauma centers in the region. Also, the presence of global and local players investing in the R&D activities in China, India, and Japan drive the growth of the market in this region.
Surgical Tourniquets Industry Overview
The Surgical tourniquets market is moderately competitive and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Some prominent players are launching new products, while others are distributing the products. Some of the companies which are currently dominating the market are ZIMMER BIOMET HOLDINGS INC, Stryker Corporation, Ulrich Medical, Hammarplast Medical AB, and AneticAid Ltd.
Surgical Tourniquets Market Leaders
Ulrich Medical
AneticAid Ltd
Zimmer Biomet
Hammarplast Medical AB
Stryker Corporation
*Disclaimer: Major Players sorted in no particular order
Surgical Tourniquets Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Rise in Number of Trauma Cases
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4.2.2 Increased Number of Hospitals and Adoption of Advanced Healthcare Infrastructure
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4.3 Market Restraints
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4.3.1 Lack of Skilled Professionals and Risk of Infectious Disease Transmission
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Tourniquet Systems
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5.1.2 Tourniquet Cuffs
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5.1.3 Tourniquet Accessories
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5.2 By Applications
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5.2.1 Lower-limb Surgery
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5.2.2 Upper-limb Surgery
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5.3 By End-user
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5.3.1 Hospitals and Trauma Centers
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5.3.2 Ambulatory Surgery Centers
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5.3.3 Others
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5.4 Geography
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5.4.1 North America
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5.4.1.1 United States
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5.4.1.2 Canada
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5.4.1.3 Mexico
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5.4.2 Europe
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5.4.2.1 Germany
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5.4.2.2 United Kingdom
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5.4.2.3 France
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5.4.2.4 Italy
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5.4.2.5 Spain
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5.4.2.6 Rest of Europe
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5.4.3 Asia-Pacific
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5.4.3.1 China
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5.4.3.2 Japan
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5.4.3.3 India
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5.4.3.4 Australia
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5.4.3.5 South Korea
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5.4.3.6 Rest of Asia-Pacific
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5.4.4 Middle-East and Africa
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5.4.4.1 GCC
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5.4.4.2 South Africa
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5.4.4.3 Rest of Middle-East and Africa
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5.4.5 South America
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5.4.5.1 Brazil
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5.4.5.2 Argentina
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5.4.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Stryker Corporation
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6.1.2 Zimmer Biomet
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6.1.3 Ulrich Medical
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6.1.4 Hammarplast Medical
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6.1.5 Anetic Aid
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6.1.6 VBM Medizintechnik
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6.1.7 Delfi Medical Innovations
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6.1.8 Daesung Maref
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6.1.9 OHK Medical Devices
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6.1.10 Dessillons & Dutrillaux
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Surgical Tourniquets Industry Segmentation
As per the scope of the report, surgical tourniquets are devices that are employed in surgical procedures to restrict the blood flow of extremities. Tourniquets have wide range of applications due to their advanced features that are helpful in various surgeries joint replacements, reconstructive procedures, cosmetic, and orthopedic surgeries.
| By Type | |
| Tourniquet Systems | |
| Tourniquet Cuffs | |
| Tourniquet Accessories |
| By Applications | |
| Lower-limb Surgery | |
| Upper-limb Surgery |
| By End-user | |
| Hospitals and Trauma Centers | |
| Ambulatory Surgery Centers | |
| Others |
| Geography | ||||||||
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Surgical Tourniquets Market Research FAQs
What is the current Surgical Tourniquets Market size?
The Surgical Tourniquets Market is projected to register a CAGR of greater than 7.6% during the forecast period (2023-2028).
Who are the key players in Surgical Tourniquets Market?
Ulrich Medical, AneticAid Ltd, Zimmer Biomet, Hammarplast Medical AB and Stryker Corporation are the major companies operating in the Surgical Tourniquets Market.
Which is the fastest growing region in Surgical Tourniquets Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2023-2028).
Which region has the biggest share in Surgical Tourniquets Market?
In 2023, the North America accounts for the largest market share in the Surgical Tourniquets Market.
Surgical Tourniquets Industry Report
Statistics for the 2023 Surgical Tourniquets market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Surgical Tourniquets analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
