Global Tourniquet Cuffs Market, By Type (Reusable, Disposable), Application (Arm Cuffs, Leg Cuffs), End User (Hospitals, Clinics, Others) – Industry Trends and Forecast to 2030.
Tourniquet Cuffs Market Analysis and Size
In recent years, the tourniquet cuffs market has witnessed a significant technological advancement, such as the development of automated tourniquet systems and wireless monitoring capabilities which are acting as a driver for the market. However, healthcare professionals need to be trained in the proper usage and monitoring of tourniquet cuffs to minimize these risks which is a restraining factor for the growth of the market. In addition, Tourniquet cuffs are often used in these procedures to control bleeding and improve surgical outcomes. However, the availability of alternatives for controlling bleeding, such as hemostatic agents and electrocautery may impact the demand for tourniquet cuffs and pose a challenge for market growth.
Data Bridge Market Research analyses that the Tourniquet Cuffs market which was USD 3,373.98 million in 2022, is expected to reach USD 5,418.33 million by 2030, and is expected to undergo a CAGR of 6.10% during the forecast period. This indicates the market value. “Reusable” dominates the type segment of the global tourniquet cuffs market owing to the growing demand for better methods for treatment in patients. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, and Pricing in USD
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Segments Covered
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Type (Reusable, Disposable), Application (Arm Cuffs, Leg Cuffs), End User (Hospitals, Clinics, Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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Merck & Co., Inc. (U.S.), Sanofi (France), Novartis AG (Switzerland), Astellas Pharma Inc. (Japan), Pfizer Inc. (U.S.), Abbott (U.S.), Eli Lilly and Company (U.S.), Bristol-Myers Squibb Company (U.S.), Takeda Pharmaceutical Company Limited. (Japan), F. Hoffmann-La Roche Ltd (Switzerland), Boehringer Ingelheim International GmbH (Germany), Mylan N.V (U.S.), GlaxoSmithKline plc (U.K.), Regeneron Pharmaceuticals Inc (U.S.), AstraZeneca (U.K.), AbbVie Inc. (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Vectura Group plc (U.K.), Sunovion Pharmaceuticals Inc. (U.S.), and Alkermes (Ireland)
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Market Opportunities
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Market Definition
In limb-related orthopaedic and plastic operations, tourniquets are frequently employed. The adoption of potentially effective blood occlusion technologies in clinical settings is what motivates their use among practitioners. One significant element strengthening the need for tourniquets is the increased prevalence of severe limb injuries caused by the increasing frequency of traffic accidents in various developing nations. The market also gains from significant government spending on healthcare, with an emphasis on emergency care systems in numerous emerging economies and developed nations' strong healthcare systems.
Global Tourniquet Cuffs Market Dynamics
Drivers
- Rising Frequency of Slips
The global tourniquet cuffs market is expanding as lower limb injuries are becoming more common. Among these are scaphoid fractures, shoulder dislocations, ankle sprains, and lower limb injuries. Additionally, the rise in the frequency of slips and falls and the demand for tourniquet cuffs contribute to the market's expansion. The Population Reference Bureau estimates that more than 50 million individuals are hurt in car accidents each year, taking up more than half of the orthopedic beds in hospitals in developing nations.
- Rising Demand for Joint Replacement Procedures
Tourniquet cuff demand is fuelled by rising demand for joint replacement procedures. Over one million total joint arthroplasty surgeries are carried out annually, according to the American Joint Replacement Registry. Furthermore, it is expected that by 2030, this number will nearly double to four million.
Opportunities
- Increasing Demand for Tourniquet Cuffs
The demand for tourniquet cuffs is expected to rise due to the growing prevalence of chronic diseases such as diabetes and cardiovascular diseases. Tourniquet cuffs are commonly used in medical procedures and surgeries to control bleeding and ensure patient safety.
- Rising Geriatric Population
The global population is aging rapidly, leading to an increased demand for healthcare services. Older adults often require medical procedures and surgeries, which may involve the use of tourniquet cuffs. Therefore, the growing geriatric population presents a significant opportunity for the tourniquet cuffs market.
Restraints/Challenges
- Stringent Regulatory Requirements
Tourniquet cuffs are medical devices and are subject to strict regulatory requirements in many countries. Complying with these regulations can be a challenge for manufacturers, as it requires significant investments in research, development, and testing to ensure product safety and effectiveness.
- Limited Awareness and Adoption
Despite the benefits of tourniquet cuffs, there may be limited awareness among healthcare professionals regarding their proper usage and benefits. This lack of awareness can hinder the adoption of tourniquet cuffs and restrict market growth.
This tourniquet cuffs market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the tourniquet cuffs market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.
Global Tourniquet Cuffs Market Scope
The tourniquet cuffs market is segmented on the basis of type, application, and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Reusable
- Disposable
Application
- Arm Cuffs
- Leg Cuffs
End Users
- Hospitals
- Clinics
- Others
Global Tourniquet Cuffs Market Regional Analysis/Insights
The global tourniquet cuffs market is analysed and market size insights and trends are provided by country, type, application, and end users as referenced above.
The countries covered in the tourniquet cuffs market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and rest of Middle East and Africa.
North America dominates the tourniquet cuffs market because of the increasing traumatic orthopaedic injuries, a well-established healthcare system offering effective treatment.
Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to the rise in the number of hospitals, growth in geriatric population and upsurge in the number of joint replacement surgeries.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The Tourniquet Cuffs market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the Tourniquet Cuffs market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the tourniquet cuffs market.
Competitive Landscape and Tourniquet Cuffs Market Share Analysis
The Tourniquet Cuffs market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the Tourniquet Cuffs market.
Some of the major players operating in the Tourniquet Cuffs market are:
- Innovative Trauma Care (Spain)
- Rudolf Riester GmbH (Germany)
- Zimmer Biomet (U.S.)
- Stryker (U.S.)
- Delfi Medical Innovations Inc. (Canada)
- Hammarplast Medical AB (Sweden)
- VBM Medizintechnik GmbH (Germany)
- ulrich medical USA (Germany)
- Pyng Medical (Canada)
- OHK Medical Devices (Israel)
- Huaxin Medical Equipment Factory (China)
- Sam Medical (U.S.)
- C.A.T Resources (U.S.)
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