Pneumatic Tourniquet Market Size Is Expected To Reach USD 591.6 Million by 2028

 Pneumatic Tourniquet Market Growth & Trends

The global pneumatic tourniquet market size is expected to reach USD 591.6 million by 2028, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing number of orthopedic and plastic surgeries performed is driving the growth of this market. Moreover, a surge in accidental injuries further contributes to the growth of the market. For instance, according to the Association for Safe International Road Travel (ASIRT), around 38,000 people die and an additional 4.4 million are severely injured annually in crashes on U.S. roadways.

Thus, the demand for pneumatic tourniquets is predicted to increase, as they are mainly used to control bleeding in emergency situations, such as accidents. Furthermore, increasing private and public expenses on the development of healthcare infrastructure in emerging economies are propelling the market growth. In addition, rising R&D activities to develop advanced products are likely to create lucrative market growth opportunities.

Tourniquets are widely used in hospitals for orthopedic procedures if external hemorrhage cannot be controlled by direct pressure. Furthermore, these systems are extensively used owing to their ability to create a bloodless field during orthopedic surgery. This helps surgeons to reduce procedural time. Moreover, the device is used for urgent management of breathing and airway issues during emergencies, such as severe limb amputation or limb hemorrhages with multiple bleeding points. It also offers greater flexibility and reliability, leading to the rising product demand.

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Pneumatic Tourniquet Market Report Highlights

• In terms of type, the single-bladder segment held the largest market share of over 66% in 2020
• The growth is attributed to the high demand for single-bladder devices due to the better clinical efficacy offered by them
• In terms of application, the others segment held the largest market share in 2020
• The segment is expected to remain dominant growing at a considerable growth rate over the forecast period
• Asia Pacific market is expected to witness the fastest growth rate over the forecast period
• This growth is credited to the rising number of orthopedic surgeries performed and growing cases of accidental injuries

Access Press Release@ https://www.grandviewresearch.com/press-release/global-pneumatic-tourniquet-market

Pneumatic Tourniquet Market Segmentation

Grand View Research has segmented the global pneumatic tourniquet market on the basis of type, application, and region:

Pneumatic Tourniquet Type Outlook (Revenue, USD Million, 2016 - 2028)

• Single-bladder
• Double-bladder

Pneumatic Tourniquet Application Outlook (Revenue, USD Million, 2016 - 2028)

• Orthopedic
• Intravenous Regional Anesthesia (IVRA)
• Others

Pneumatic Tourniquet Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

List of Key Players of Pneumatic Tourniquet Market

• Zimmer Biomet
• Stryker
• Ulrich Medical
• VBM
• Anetic Aid
• DSMAREF Co. Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.