The surgical tourniquet market is on a robust growth trajectory, with an estimated valuation of USD 545.1 million in 2024. According to recent projections, the market is anticipated to expand significantly, reaching approximately USD 905.1 million by 2034. This growth represents a Compound Annual Growth Rate (CAGR) of 5.2% over the forecast period from 2024 to 2034.
The anticipated market expansion is driven by the increasing use of surgical tourniquets in various medical procedures, advancements in tourniquet technology, and a rising emphasis on patient safety during surgeries. Surgical tourniquets are essential for controlling blood flow and reducing complications in orthopedic, trauma, and other surgical procedures, further supporting their growing adoption.
To mitigate the risks associated with elevated tourniquet pressures, manufacturers are directing their focus toward product innovations. They are introducing novel features such as automatic pressure control, audiovisual alarms, digital displays, and user-friendly interfaces, aiming to enhance the safety and effectiveness of these medical devices.
Sales of Tourniquet Cuffs to Ramp up in 2019
According to the FMI analysts, tourniquet cuffs have been a vital part of the modern computer-assisted tourniquet system, which accounted for ~77% of total market revenue in 2018. While the inflatable disposable cuffs represented more than half of the total tourniquet cuff sales in 2018, the consumption of inflatable reusable cuffs is likely to increase by 7.6% y-o-y in 2019.
“In terms of tourniquet systems, dual channel systems will continue to represent a relatively high share as compared to single channel systems, in the view of enabling bi-lateral procedures or simultaneous surgeries of both upper and lower extremity,” the FMI analyst said.
The consumption of surgical tourniquets for knee arthroplasty accounted for ~31% of sales in 2018, while increasing application in the amputation of limbs and trauma cases is likely to result in increased market share in the future.
“Recent advancements in reverse shoulder arthroplasty along with the introduction of ‘personalized’ tourniquet systems that allow the use of variable contour design and cuffs for specific patients will open new avenues of growth for the market players,” said the FMI analyst.
Hospitals Capture Significant Share, North America in the Vanguard
In 2018, surgical tourniquets worth ~US$ 176 million were sold in hospitals; according to FMI analysts, a growing number of hospitals, especially in developing countries, and greater awareness of advanced medical devices will continue to drive the consumption of surgical tourniquets in hospitals.
The rapid adoption of the ‘value-based’ model in health care settings has led to a surge in the number of ambulatory surgical centers and specialized clinics, thereby paving a new way of growth for the surgical tourniquets market.
The FMI analyst forecasts that North America will continue to remain at the forefront of the surgical tourniquets market, representing a 30% share in 2018. While North America is likely to be neck-and-neck with Europe to lead the market in the future, manufacturers are tapping into new opportunities in developing countries in the Asia Pacific.
The surgical tourniquets market shows a fair level of fragmentation, with two prominent players Zimmer Biomet and Stryker Corporation accounting for more than one-third of the total revenue share. Exploring unmet needs in developing regions and expanding their distribution through collaboration and acquisitions of local and regional manufacturers remain key focal points of the market players.
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Key Segment
By Product Type
- Tourniquet Systems
- Single Channel Systems
- Dual Channel Systems
- Tourniquet Cuffs
- Inflatable Cuffs
- Disposable Cuffs
- Reusable Cuffs
- Non-Inflatable Cuffs
- Disposable Cuffs
- Reusable Cuffs
By Application
- Knee Arthroplasty
- Amputation of Limbs
- Plastic Surgeries
- Trauma Cases
By End User
- Hospitals
- Ambulatory Surgical Centers
- Specialized Clinics
By Region
- North America
- Europe
- Latin America
- South Asia
- East Asia
- Oceania
- Middle East And Africa
- Emerging Countries
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