Medical tourniquet sales are affected by healthcare industry growth. Hospitals and clinics are employing tourniquets and other innovative medical technology to enhance patient safety and care.
Many patients require medical tourniquets due to procedures in hospitals and outpatient facilities. As the frequency of surgeries worldwide rises, more people are employing tourniquets to block blood flow.
Traumatic accidents and injuries need immediate medical attention. Tourniquets help cure major injuries by restricting blood flow. More injuries and an emphasis on speedy medical response are increasing the necessity for tourniquets in emergencies.
Tourniquets are becoming more popular due to technological advances like electrical and gas systems. These new technologies make tourniquets simpler, safer, and more precise, supporting the healthcare industry's objective of improving patient outcomes.
Military and defense contribute heavily to medical tourniquet sales. Battlefield tourniquets halt bleeding. The military continually requires innovative medical solutions, notably long-lasting bandages, thus the market is developing.
Government and health authority regulations substantially impact the medical tourniquets business. These restrictions impact product growth, quality, and market entry for manufacturers.
As the population ages, more medical devices are needed to treat age-related health issues. Tourniquets in geriatric care challenge market dynamics since elderly persons typically require surgery and have distinct medical demands.
Because individuals realize how vital first aid and emergency medical response are, training programs are growing. Include bandage applications in these programs and make them simple to locate in public to make the market more accessible.
Medical tourniquet firms compete fiercely for market share. Competitive pressure spurs product development and innovation, improving tourniquet design and technology.
Medical tourniquets' commercial performance depends on their pricing, particularly in low-cost countries. People purchase based on price and quality, which affects market development in wealthy and developing nations.
Covered Aspects:
Report Attribute/Metric |
Details |
Growth Rate |
  12.4% |
Medical Tourniquets Market Highlights:
Global Medical Tourniquets Market Overview
The medical tourniquets market size was valued at USD 0.36 Billion in 2023. The Global Medical Tourniquets industry is projected to grow from USD 0.38 Billion in 2024 to USD 0.63 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.39% during the forecast period (2024 - 2032). The rising aging population, increasing road accidents, and the growing number of joint replacement surgeries is set to drive the demand for medical tourniquets during the forecast period.
Medical tourniquets are commonly used in medical procedures and high-risk or emergencies to control excess bleeding. It regulates blood flow by compressing blood vessels and helps medical professionals to carry out procedures without further blood loss. Surgical tourniquet, tactical tourniquet, pediatric tourniquet, military tourniquet, emergency medical tourniquet, and emergency medical tourniquet are the various types of tourniquets used to control arterial blood flow.
Strategic mergers & acquisitions are also projected to boost market growth with companies looking to strengthen their market positions, expand their product portfolios, and improves their brand images.
For instance, in April 2017, Teleflex announced the acquisition of Pyng Medical for approximately USD 8.6 million. Pyng Medical operates as a subsidiary of Teleflex Canada and acquisition helped Teleflex strengthen its position in the medical tourniquets market.
Market Influencer
Accidents significantly impact the growth of the medical tourniquets market in industrial settings and on the roads as they are extensively used in such emergencies to control bleeding of the person affected.
Market Drivers
- Increased application of medical tourniquets in the healthcare industry as medical tourniquets find widespread application in various surgical procedures.
- The growth of the market is driven by a high number of surgeries and healthcare facilities. Moreover, technological advancements, increasing number of ambulatory services, and favorable government initiatives are projected to have a synergistic effect on market growth.
- The rise in the number of road accidents is also responsible for the growth of medical tourniquets industry. According to MRFR analysis, every year approximately 2.35 million citizens in the US face injury or disability caused by road accidents, and it cost of treatment is nearly 230.6 billion per year which is USD 820 per person.
- The decreasing costs and increasing safety of surgical procedures and growth of medical tourism are expected to drive market growth exponentially during the forecast period.
- An increasing number of complex operating procedures which can cause excessive blood loss.
Market Restraints
- The scarcity of trained professionals who are capable of handling emergencies and performing surgical procedures is likely to hamper the growth of the medical tourniquets market during the forecast period.
Segmentation
Medical Tourniquets Market, By Type
- Tourniquet Systems: Also known as personalized tourniquet systems and used as a unit to provide extra care during the surgical procedure. This segment is likely to dominate the market with largest market share.
- Tourniquet Cuffs: This sub-segment includes pneumatic and non-pneumatic cuffs. Tourniquet cuffs are inflated with air to create pressure which could prevent blood loss.
- Tourniquet Accessories: This segment is expected to hold the least markets share in the medical tourniquets market.
Medical Tourniquets Market, By Application
- Lower-Limb Tourniquets: These are used for medical procedures conducted on lower body and likely to hold maximum market share.
- Upper-Limb Tourniquets: It has been used for upper body surgical treatments and anticipated to register the highest CAGR during the forecast period.
Medical Tourniquets Market, By End-User
- Hospitals and Trauma Centers: hospitals and trauma centers are expected to be the largest segment because hospitals and clinics are usually the primary points for diagnosis, treatment, and rehabilitation of individuals.
- Ambulatory Surgery Centers: A small segment, these centers provide immediate pain relief and rudimentary surgical care in emergencies.
- Specialty Clinics: Consisting of long-term care for chronic patients and the elderly, this is a fast-growing market segment, especially in developed nations.
- Others: Others segment includes small- and mid-scale healthcare centers, government organizations, and emergency centers.
Medical Tourniquets Market, By Region
- Americas: The Americas is the largest regional market. An increasing number of surgeries and increasing cases of gun violence in the region is also likely to drive the growth of the market during the assessment period. The US alone has over 7,200 active hospitals and a well-established healthcare sector where these surgeries are performed using medical tourniquets, thereby driving the market growth in the region.
- Europe: Europe has some of the best healthcare services in the world. The need for surgical tourniquets is high in this region due to the increasing number of healthcare centers in the region and rising adoption of new technologies in the healthcare industry.
- Asia-Pacific: The fastest-growing regional market for medical tourniquets, Asia-Pacific has the world’s largest population and a fast-developing healthcare sector. Additionally, East Asia has a growing geriatric population which is directly associated with a rising number of surgeries, and it is likely to drive the growth of the market.
- Middle East & Africa: Despite the developing healthcare infrastructure, medical tourniquets are used at each level of healthcare such as small, mid and top-level healthcare centers in various medical procedures, which is responsible for the rising demand for medical tourniquets in the region.
Medical Tourniquets Market Key Players
- Zimmer Biomet (US)
- Stryker Corporation (US)
- Delfi Medical Innovation (Canada)
- Hammarplast Medical AB (Sweden)
- VBM Medizintechnik (Germany)
- Ulrich Medical (Germany)
- Pyng Medical (Part of Teleflex) (Canada)
- OHK Medical Devices (US)
- Huaxin Medical Equipment Factory (China)
- Sam Medical (US)
- A.T Resources (US)
- Rudolf Riester GmbH (Germany)
- Anetic Aid (UK)
- Dessillons & Dutrillaux (France)
- Hangzhou Zhengda Medical Co. (China)
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