A prominent research firm, Cognizance Market Research added a cutting-edge industry report on ” Global Pneumatic Tourniquet Market”. The report studies the current as well as past growth trends and opportunities for the market to gain valuable insights during the forecast period from 2023 to 2030.
Global Pneumatic Tourniquet Market Analysis
According to cognizance market research, the global pneumatic tourniquet market was valued at US$ 389.7 Million in 2022 and is anticipated to reach US$ 696.8 Million by the end of 2030 with a CAGR of 7.6% from 2023 to 2030.
What is a Pneumatic Tourniquet?
A pneumatic tourniquet serves as a medical apparatus employed to temporarily halt blood circulation to a designated region of the body, typically a limb, during medical procedures like surgery or intravenous regional anaesthesia. Comprising an inflatable cuff, it encircles the limb and connects to a pneumatic system capable of inflating the cuff using air.
The foremost objective of a pneumatic tourniquet is to establish a bloodless environment within the surgical or procedural site. Through controlled and specific cuff inflation, the tourniquet applies pressure to the blood vessels in the limb, effectively obstructing blood flow distal (away from the body) to the cuff. This facilitates surgeons and medical practitioners in conducting procedures with diminished bleeding, heightened visibility, and augmented precision.
It’s paramount to acknowledge that while pneumatic tourniquets prove remarkably advantageous within surgical contexts, their usage mandates vigilant supervision and adherence to safety protocols. Prolonged or improper deployment of a tourniquet can precipitate complications, including nerve impairment, ischemia (inadequate oxygen supply to tissues), and other unfavorable outcomes. As a consequence, medical professionals should undergo thorough training in tourniquet usage and strictly adhere to established guidelines to ensure patient well-being.
Global Pneumatic Tourniquet Market Outlook
In the Pneumatic tourniquet report, the market outlook segment mainly includes important dynamics of the market which include drivers, restraints, opportunities and challenges tackled by the industry. Opportunities and challenges are extrinsic factors whereas, drivers and restraints are intrinsic factors of the market.
The market for pneumatic tourniquets is primarily driven by the rise in surgical procedures being carried out on a global scale. The World Health Organisation (WHO) predicts that by 2030, there will be 234 million surgical procedures done worldwide. Over the projected period, this is expected to increase demand for pneumatic tourniquets.
The increased incidence of chronic diseases is another factor boosting the market for pneumatic tourniquets. By 2030, 1.7 billion people are anticipated to be affected by chronic diseases, according to the WHO. As a result, more surgical procedures are likely to be conducted, which is anticipated to raise demand for pneumatic tourniquets.
The rise in trauma occurrences is another factor driving the pneumatic tourniquet market. By 2030, the WHO predicts that there will be 35 million incidents of trauma. Over the projection period, this is anticipated to increase demand for pneumatic tourniquets.
However, a significant element limiting the market’s growth is the expensive price of pneumatic tourniquets. Many people cannot purchase pneumatic tourniquets since they are typically not reimbursed by insurance companies. Over the projected period, this is anticipated to restrain the market’s expansion for pneumatic tourniquets.
Segment Analysis:
The pneumatic tourniquet market has been segmented into type, application, end-user and geography.
Based on type, the pneumatic tourniquet market has been segmented into single-bladder and double-bladder. The pneumatic tourniquet market is predicted to increase significantly thanks to the single bladder segment. These products are becoming more and more popular since they provide compression and standardised pressure control, which will support the pneumatic tourniquet market’s expansion. Single pneumatic tourniquet systems also lessen discomfort and surgical problems. These factors, therefore, portend well for the expansion of the market for pneumatic tourniquets.
Based on application, the market for pneumatic tourniquets has been classified into orthopaedic, intravenous regional anaesthesia and other applications. Due to the rise in orthopaedic problems and other degenerative bone diseases, the orthopaedic surgery by application segment is predicted to develop throughout the forecast period.
Based on end-user, the pneumatic tourniquet market has been segmented into hospitals, ambulatory surgical centres and speciality clinics. It is anticipated that the hospital sector would hold the biggest market share. Hospitals provide a wide range of surgical operations, and they also provide the infrastructure required to enable the use of tourniquets.
Geographical Analysis:
Based on geography the pneumatic tourniquet market has been segmented into five main regions namely, North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
In the upcoming years, it is anticipated that North America will account for a sizeable portion of the industry. This is explained by the fact that there are several surgical procedures taking place in the area. Additionally, the occurrence of trauma cases is anticipated to increase, which will support market expansion.
The European continent is anticipated to have rapid growth. This is explained by the rise in surgical procedures being carried out in the area. Additionally, the growing number of trauma cases is anticipated to support market expansion.
In the upcoming years, the Asia-Pacific region is anticipated to expand significantly. This is explained by the rise in surgical procedures being carried out in the area. Additionally, the growing number of trauma cases is anticipated to support market expansion.
The Middle East and Africa region is anticipated to expand significantly. This is explained by the rise in surgical procedures being carried out in the area. Additionally, the growing number of trauma cases is anticipated to support market expansion.
The report offers the revenue of the global pneumatic tourniquet market for the period 2020-2030, considering 2020 & 2021 as historical years, 2022 as the base year and 2023 to 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global pneumatic tourniquet market for the forecast period. The global pneumatic tourniquet market report provides insights and in-depth analysis into developments impacting enterprises and businesses on a regional and global level. The report covers the pneumatic tourniquet market performance in terms of revenue contribution from several segments and comprises a detailed analysis of key drivers, trends, restraints, and opportunities prompting revenue growth of the pneumatic tourniquet market.
The report has been prepared after wide-ranging secondary and primary research. Secondary research included internet sources, numerical data from government organizations, trade associations, and websites. Analysts have also employed an amalgamation of bottom-up and top-down approaches to study numerous phenomena in the pneumatic tourniquet market. Secondary research involved a detailed analysis of significant players’ product portfolios. Literature reviews, press releases, annual reports, white papers, and relevant documents have been also studied to understand the pneumatic tourniquet market. Primary research involved a great extent of research efforts, wherein experts carried out interviews telephonic as well as questioner-based with industry experts and opinion-makers.
The report includes an executive summary, along with a growth pattern of different segments included in the scope of the study. The Y-o-Y analysis with elaborate market insights has been provided in the report to comprehend the Y-o-Y trends in the pneumatic tourniquet market. Additionally, the report focuses on altering competitive dynamics in the global market. These indices serve as valued tools for present market players as well as for companies interested in participating in the pneumatic tourniquet market. The subsequent section of the pneumatic tourniquet report highlights the USPs, which include key industry events (Type launch, research partnership, acquisition, etc.), technology advancements, pipeline analysis, prevalence data, and regulatory scenario.
Global Pneumatic Tourniquet Market Competitive Landscape
The “Global Pneumatic tourniquet Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as –
Recent developments in the pneumatic tourniquet market-
The report explores the competitive scenario of the pneumatic tourniquet market. Major players operating in the pneumatic tourniquet market have been identified and profiled for unique commercial attributes. Company overview (company description, Type portfolio, geographic presence, employee strength, Key management, etc.), financials, SWOT analysis, recent developments, and key strategies are some of the features of companies profiled in the pneumatic tourniquet market report.
Segmentation:
Global Pneumatic Tourniquet Market, by Type
Global Pneumatic Tourniquet Market, by Application
Global Pneumatic Tourniquet Market, by Application
Global Pneumatic Tourniquet Market, by Region
The major players operating in the market are Bohua Medical, Hpm, Hangzhou Zhengda, DS MAREF, Stryker, Ulrich Medical, SMEF, Huifeng Medical, VBM, AneticAid, Hema Medical, Zimmer, D & D, CoNextions Medical, DeRoyal Industries, etc.
North America is the leading region in the pneumatic tourniquet market.
The segments covered in the report are type, application, end-user and geography.
Based on application, the orthopaedic sector is the leading one owing to increasing orthopaedic conditions and other degenerative bone diseases.
In terms of type, the single-bladder segment dominates the market owing to the growing popularity of these devices as they offer compression and standardized pressure control.
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