Global Tourniquet Systems Market Size Study, By Product, By Application, By Region, and Regional Forecasts 2022-2032

Description

The global tourniquet systems market was valued at approximately USD 465.7 million in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2032, reaching an estimated USD 930.94 million by 2032. The market growth is fueled by factors such as the increasing geriatric population, rising prevalence of orthopedic disorders, and growing awareness of trauma care and emergency interventions.

Tourniquet systems play a crucial role in healthcare by effectively controlling bleeding during surgeries and emergency situations, especially in orthopedic and trauma care. Technological advancements in tourniquet systems have enabled more precise pressure control and monitoring, reducing complications such as nerve damage or ischemia. Moreover, the adoption of disposable pneumatic cuffs for infection control and the growing preference for reusable tourniquet systems in cost-conscious settings further drive market growth.

The rising incidence of sports injuries, road accidents, and lifestyle-related disorders has significantly contributed to the demand for advanced tourniquet systems. In addition, increasing awareness of first-aid and emergency preparedness in non-institutional settings, such as homes, workplaces, and outdoor activities, has spurred the adoption of portable and user-friendly tourniquet systems.

Key factors driving the market include:

Orthopedic Surgeries and Trauma Care: The growing number of orthopedic surgeries and trauma cases globally has increased the demand for tourniquet systems, particularly in hospitals and ambulatory settings.
Technological Advancements: Innovations such as single-use disposable pneumatic cuffs, user-friendly designs, and advanced safety features are contributing to market growth.
Rising Adoption in Non-institutional Settings: Awareness about emergency first-aid and access to affordable and efficient medical devices have propelled demand in non-institutional settings.
However, challenges such as high costs associated with advanced systems and affordability issues in developing regions may restrain market growth.

Regional Insights:

North America: Dominated the global market with a revenue share of over 45.5% in 2023, driven by a robust healthcare infrastructure, a large geriatric population, and high adoption of advanced medical devices.
Europe: Expected to grow significantly due to increasing demand for minimally invasive surgeries and well-established healthcare policies promoting advanced tourniquet systems.
Asia Pacific: Projected to witness the fastest growth due to rising healthcare expenditure, population growth, and increasing awareness of trauma care in countries like India and China.
Latin America and MEA: These regions are seeing steady growth due to improving healthcare infrastructure and rising awareness of first-aid applications.

Major market players included in this report are:

Delfi Medical Innovations Inc.
Zimmer Biomet Holdings Inc.
Stryker Corporation
AneticAid Ltd.
OHK Medical Devices
VBM Medizintechnik GmbH
Dessillons & Dutrillaux
Hammarplast Medical AB
Ulrich Medical
Technimount E.M.S.

The detailed segments and sub-segments of the market are explained below:

By Product:

Tourniquet Instrument
Tourniquet Cuffs
- Pneumatic
- Disposable
- Reusable
- Non-pneumatic

By Application:

Hospitals
Ambulatory Settings
Non-institutional Use

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Scandinavia (Denmark, Sweden, Norway)
Asia Pacific
China
India
Japan
Australia
Thailand
Latin America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
UAE
Kuwait

Years considered for the study are as follows:

Historical year -2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of the competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Tourniquet Systems Market Executive Summary

1.1. Global Tourniquet Systems Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Cuff Type
- 1.3.3. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Tourniquet Systems Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Tourniquet Systems Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing demand due to orthopedic surgeries and trauma care
- 3.1.2. Rising incidence of sports injuries and road accidents
- 3.1.3. Technological advancements in tourniquet systems
3.2. Market Challenges
- 3.2.1. Cost of advanced systems and affordability issues in developing regions
- 3.2.2. Risks associated with prolonged use of tourniquets
3.3. Market Opportunities
- 3.3.1. Adoption of disposable tourniquets for infection control
- 3.3.2. Rising awareness of emergency first-aid kits in non-institutional settings

Chapter 4. Global Tourniquet Systems Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Key Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Analyst Recommendation & Conclusion

Chapter 5. Global Tourniquet Systems Market Size & Forecast by Product (2022-2032)

5.1. Segment Dashboard
5.2. Global Tourniquet Systems Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Tourniquet Instrument
- 5.2.2. Tourniquet Cuffs
  - 5.2.2.1. Pneumatic
  - 5.2.2.2. Disposable
  - 5.2.2.3. Reusable
  - 5.2.2.4. Non-pneumatic

Chapter 6. Global Tourniquet Systems Market Size & Forecast by Application (2022-2032)

6.1. Segment Dashboard
6.2. Global Tourniquet Systems Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Hospitals
- 6.2.2. Ambulatory Setting
- 6.2.3. Non-institutional Use

Chapter 7. Global Tourniquet Systems Market Size & Forecast by Region (2022-2032)

7.1. North America Tourniquet Systems Market
- 7.1.1. U.S. Tourniquet Systems Market
  - 7.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Tourniquet Systems Market
7.2. Europe Tourniquet Systems Market
- 7.2.1. UK Tourniquet Systems Market
- 7.2.2. Germany Tourniquet Systems Market
- 7.2.3. France Tourniquet Systems Market
- 7.2.4. Italy Tourniquet Systems Market
- 7.2.5. Spain Tourniquet Systems Market
- 7.2.6. Scandinavia (Denmark, Sweden, Norway) Tourniquet Systems Market
7.3. Asia Pacific Tourniquet Systems Market
- 7.3.1. Japan Tourniquet Systems Market
- 7.3.2. China Tourniquet Systems Market
- 7.3.3. India Tourniquet Systems Market
- 7.3.4. Australia Tourniquet Systems Market
- 7.3.5. Thailand Tourniquet Systems Market
7.4. Latin America Tourniquet Systems Market
- 7.4.1. Brazil Tourniquet Systems Market
- 7.4.2. Argentina Tourniquet Systems Market
- 7.4.3. Rest of Latin America Tourniquet Systems Market
7.5. Middle East & Africa Tourniquet Systems Market
- 7.5.1. South Africa Tourniquet Systems Market
- 7.5.2. Saudi Arabia Tourniquet Systems Market
- 7.5.3. UAE Tourniquet Systems Market
- 7.5.4. Kuwait Tourniquet Systems Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Delfi Medical Innovations Inc.
- 8.1.2. Zimmer Biomet Holdings Inc.
- 8.1.3. Stryker Corporation
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. AneticAid Ltd.
- 8.3.2. OHK Medical Devices
- 8.3.3. VBM Medizintechnik GmbH
- 8.3.4. Dessillons & Dutrillaux
- 8.3.5. Hammarplast Medical AB

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes