Market Overview:
The global tourniquets device market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of road accidents and other emergencies, which leads to the need for timely blood transfusions and other medical interventions. In addition, the growing awareness about first-aid measures and their importance is also contributing to the growth of this market. The global tourniquets device market can be segmented on the basis of type into pneumatic tourniquets devices, manual tourniquets devices, and others. The pneumatic tourniquet devices segment is expected to account for a major share of the global market in 2018 owing to their high efficiency and accuracy in controlling blood flow. On the basis of application, hospitals are expected to account for a major share of the global market in 2018 followed by clinics and military establishments.
Product Definition:
A tourniquet is a device used to control blood flow by compressing an extremity. They are typically made of cloth, metal or plastic and tightened with a twisting motion. Tourniquets are important in emergency situations as they can be used to stop severe bleeding.
Pneumatic Tourniquets Device:
Pneumatic tourniquets Device is a kind of medical device used to constrict or compressor the blood vessels in order to restrict blood flow and prevent bleeding. It's major application is for the treatment of limbs that have been amputated. The pneumatic tourniquet has several advantages over mechanical ones, such as it can be applied by an expert person without any physical effort on patient’s part and it can also be released easily even if patient is under anesthesia.
Manual Tourniquets Device:
Manual tourniquets are devices that are used to apply pressure on a limb or an area in order to restrict blood flow and cause temporary discomfort. They are mainly used by physicians, nurses, and other healthcare professionals for the treatment of limbs at risk of amputation.
Application Insights:
Based on the application, the global tourniquets device market is segmented into hospitals, clinics, military and others. The hospital segment dominated the market in 2017 owing to factors such as increasing cases of road accidents and rising awareness about timely treatment among consumers. Tourniquets are widely used for various injuries caused by road accidents or other causes of trauma including falls and burns. According to WHO, approximately 1% to 2% of all deaths occur due to injuries every year globally. Thus, increasing number of fatal injury cases across the globe is boosting product demand from this segment.
The clinic application segment is expected register a significant CAGR over the forecast period owing to growing awareness about early diagnosis among consumers coupled with an increase in disposable income levels in developing countries like India.
Regional Analysis:
North America dominated the global market in 2017 owing to factors such as favorable reimbursement policies, rising incidence of cardiovascular diseases and increasing demand for blood donations. The region is expected to maintain its dominance over the forecast period due to continuous innovations in devices and an increase in awareness about their benefits.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to a rise in cases of road accidents, prevalence of chronic diseases like diabetes, cancer & others that require surgical intervention & amputations as a result. This has led to an increase demand for tourniquet devices used across various applications such as military hospitals, clinics & others.
Growth Factors:
- Increasing incidence of traumatic injuries: The increasing incidence of traumatic injuries is one of the key growth drivers for the tourniquet device market. Traumatic injuries can occur due to various reasons such as road accidents, violence, and natural disasters. According to the World Health Organization (WHO), around 1.25 million people die every year due to road traffic accidents. This number is expected to increase in the coming years owing to the rising population and increasing number of vehicles on roads.
- Growing awareness about tourniquet devices: The growing awareness about tourniquet devices among healthcare professionals and general population is another major growth driver for this market. Tourniquet devices are used for controlling blood loss in case of a traumatic injury or during surgery procedures such as coronary artery bypass grafting (CABG) and orthopedic surgeries, which helps in reducing mortality rates and improving patient outcomes.
- Technological advancements: The technological advancements in tourniquet device design and manufacturing are also propelling the growth of this market globally . For instance, manufacturers are now introducing automated inflation systems that help reduce time taken for application & deflation cycles thereby improving patient safety . In addition, new materials such as advanced elastomers are being used for manufacturing better quality tourniquets that offer improved comfort levels to patients . These technological advancements are helping fuel demand for these devices globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Tourniquets Device Market Research Report
By Type
Pneumatic Tourniquets Device, Manual Tourniquets Device, Others
By Application
Hospitals, Clinics, Military, Others
By Companies
Stryker, Zimmer Biomet, Ulrich Medical, VBM Medizintechnik, Delfi Medical, Hokanson, Hammarplast Medical, Medline, Rudolf Riester, Kimetec, Stryker
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Tourniquets Device Market Report Segments:
The global Tourniquets Device market is segmented on the basis of:
Types
Pneumatic Tourniquets Device, Manual Tourniquets Device, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Military, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stryker
- Zimmer Biomet
- Ulrich Medical
- VBM Medizintechnik
- Delfi Medical
- Hokanson
- Hammarplast Medical
- Medline
- Rudolf Riester
- Kimetec
- Stryker
Highlights of The Tourniquets Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pneumatic Tourniquets Device
- Manual Tourniquets Device
- Others
- By Application:
- Hospitals
- Clinics
- Military
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tourniquets Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
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- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A tourniquet device is a medical device that can be used to stop the flow of blood from an injured or wounded person.
Some of the key players operating in the tourniquets device market are Stryker, Zimmer Biomet, Ulrich Medical, VBM Medizintechnik, Delfi Medical, Hokanson, Hammarplast Medical, Medline, Rudolf Riester, Kimetec, Stryker.
The tourniquets device market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tourniquets Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tourniquets Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tourniquets Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tourniquets Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tourniquets Device Market Size & Forecast, 2018-2028
4.5.1 Tourniquets Device Market Size and Y-o-Y Growth
4.5.2 Tourniquets Device Market Absolute $ Opportunity
Chapter 5 Global Tourniquets Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Tourniquets Device Market Size Forecast by Type
5.2.1 Pneumatic Tourniquets Device
5.2.2 Manual Tourniquets Device
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tourniquets Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Tourniquets Device Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Military
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tourniquets Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tourniquets Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Tourniquets Device Analysis and Forecast
9.1 Introduction
9.2 North America Tourniquets Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Tourniquets Device Market Size Forecast by Type
9.6.1 Pneumatic Tourniquets Device
9.6.2 Manual Tourniquets Device
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Tourniquets Device Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Military
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Tourniquets Device Analysis and Forecast
10.1 Introduction
10.2 Europe Tourniquets Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Tourniquets Device Market Size Forecast by Type
10.6.1 Pneumatic Tourniquets Device
10.6.2 Manual Tourniquets Device
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Tourniquets Device Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Military
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Tourniquets Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tourniquets Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Tourniquets Device Market Size Forecast by Type
11.6.1 Pneumatic Tourniquets Device
11.6.2 Manual Tourniquets Device
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Tourniquets Device Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Military
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Tourniquets Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Tourniquets Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Tourniquets Device Market Size Forecast by Type
12.6.1 Pneumatic Tourniquets Device
12.6.2 Manual Tourniquets Device
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Tourniquets Device Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Military
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Tourniquets Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tourniquets Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Tourniquets Device Market Size Forecast by Type
13.6.1 Pneumatic Tourniquets Device
13.6.2 Manual Tourniquets Device
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Tourniquets Device Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Military
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tourniquets Device Market: Competitive Dashboard
14.2 Global Tourniquets Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stryker
14.3.2 Zimmer Biomet
14.3.3 Ulrich Medical
14.3.4 VBM Medizintechnik
14.3.5 Delfi Medical
14.3.6 Hokanson
14.3.7 Hammarplast Medical
14.3.8 Medline
14.3.9 Rudolf Riester
14.3.10 Kimetec
14.3.11 Stryker
