The global pneumatic tourniquet market size is expected to reach USD 631.0 million by 2030, expanding at a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing number of orthopedic and plastic surgeries performed is driving the growth of this market. Moreover, a surge in accidental injuries further contributes to the growth of the market. For instance, according to the Association for Safe International Road Travel (ASIRT), around 38,000 people die and an additional 4.4 million are severely injured annually in crashes on U.S. roadways.
Pneumatic Tourniquet Market Report Highlights
- In terms of type, the single-bladder segment held the largest market share of over 66.4%.
- The growth is attributed to the high demand for single-bladder devices due to the better clinical efficacy offered by them.
- In terms of application, the others segment held the largest market share in 2023.
- The segment is expected to remain dominant growing at a considerable growth rate over the forecast period.
- Asia Pacific market is expected to witness the fastest growth rate over the forecast period.
- This growth is credited to the rising number of orthopedic surgeries performed and growing cases of accidental injuries.
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Thus, the demand for pneumatic tourniquets is predicted to increase, as they are mainly used to control bleeding in emergency situations, such as accidents. Furthermore, increasing private and public expenses on the development of healthcare infrastructure in emerging economies are propelling the market growth. In addition, rising R&D activities to develop advanced products are likely to create lucrative market growth opportunities.
Tourniquets are widely used in hospitals for orthopedic procedures if external hemorrhage cannot be controlled by direct pressure. Furthermore, these systems are extensively used owing to their ability to create a bloodless field during orthopedic surgery. This helps surgeons to reduce procedural time. Moreover, the device is used for urgent management of breathing and airway issues during emergencies, such as severe limb amputation or limb hemorrhages with multiple bleeding points. It also offers greater flexibility and reliability, leading to the rising product demand.
List of major companies in the Pneumatic Tourniquet Market
- AneticAid
- Stryker
- ulrich medical USA
- VBM Medizintechnik GmbH
- Zimmer Biomet
- DS MAREF Co. Ltd.
- DESSILLIONS & DUTRILLAUX
- Hangzhou Kimislab Co., Ltd.
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We have segmented the global pneumatic tourniquet market based on type, application, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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This report aims to provide detailed insights into the global safe patient handling equipment market.
It provides valuable information on the type, procedure, application, and region in the market.
Expected Revenue Growth: The Patient Handling Devices Market is projected to reach USD 12.6 billion by 2024 from USD 8.9 billion in 2019, at a CAGR of 7.2% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186358368 Key Factors Driving Market Growth: The growth of patient handling devices market is largely driven by the rising geriatric population, high risk of injuries to caregivers during the manual handling of patients, and the implementation of regulations ensuring the safety of healthcare personnel during manual lifting processes.
On the other hand, the persistent difficulties in handling bariatric patients are expected to limit market growth to a certain extent.
The increasing geriatric, obese, and disabled population is the key factor contributing to the growth of this market.
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UAE’s health care system is all set to undergo a significant transformation in the global market.
It is predicted that in the next five years, UAE’s health care sector will grow by a compound annual growth rate (CAGR) of 75%.
Medical tourism is also expected to get a massive thrust.The emerging trend of spending in private healthcare facilities and inclination towards preventive care owing to a robust healthcare system and health consciousness have propelled the revenue generated in recent years.
A whopping response to the state-of-the-art system with modern care facilities followed.
The rise in lifestyle diseases and increased awareness for precaution and treatment have led to the demand for excellence in healthcare, and medical establishments are only ready to oblige.The UAE has also been quick to adopt technologies in healthcare services that have become the need of time for fast and efficient deliverance.
For instance, telehealth that had been trending pre-Covid got a significant impetus during Covid.
