The global surgical tourniquet market is on track for substantial growth, with an estimated worth of USD 545.1 million in 2024. This market is projected to reach USD 905.1 million by 2034, growing at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2034.
A key factor driving this growth is the increasing prevalence of orthopedic surgeries, including those addressing bone-related conditions such as fractures and osteoarthritis. Surgical tourniquets play a crucial role in these procedures by controlling blood flow, creating a bloodless surgical field, and enhancing the precision of surgical interventions.
Moreover, the rising frequency of road accidents and sports injuries is contributing significantly to the demand for surgical tourniquets, especially in trauma and emergency care settings. The adoption of tourniquets in such scenarios is vital for managing severe bleeding, often proving life-saving in critical conditions.
Innovations in tourniquet technology are also fueling market expansion. The introduction of electronic and automated tourniquets provides enhanced pressure control and monitoring, minimizing the risks of complications such as nerve damage and ischemia. These advancements not only improve the efficacy and safety of surgical procedures but also provide more precise and reliable outcomes for patients.
As the surgical tourniquet market continues to evolve, its role in supporting both elective and emergency medical procedures remains indispensable, highlighting its increasing significance in the global healthcare landscape.
Key Takeaways:
- The global surgical tourniquet market is projected to grow from USD 545.1 million in 2024 to USD 905.1 million by 2034, reflecting a CAGR of 5.2% from 2024 to 2034.
- The United States is expected to experience a steady growth rate of 5.8% CAGR during the forecast period.
- Germany is anticipated to see robust growth, with a CAGR of 6.2% from 2024 to 2034.
- The United Kingdom’s market will grow at a relatively moderate pace of 4.3% CAGR during the same period.
- India and China are expected to lead the growth among major markets, with CAGRs of 7.7% and 7.9%, respectively, highlighting a strong demand for surgical tourniquet products in these regions.
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Competitive Landscape:
Key players in the surgical tourniquet market employ a range of promotional and distribution strategies, such as direct sales to healthcare professionals and partnerships with public health institutions. To meet the growing global demand, manufacturers are expanding their production capabilities.
Many leading producers are not only addressing demand but also driving innovation. They are focused on identifying and developing advanced technologies and specialized products through both internal research and external collaborations.
This proactive approach aims to address unmet demand in emerging markets, fostering a positive outlook for the industry’s future. Manufacturers are leveraging partnerships and acquisitions as their primary strategies to boost sales across various regions.
Recent Advancement:
Bracco and Ulrich GmbH Co KG, a popular medical device producer specializing in media injectors and spinal implants, announced a long-term partnership in November 2023 that brings a Bracco-branded modern MR injector to the United States.
Major Players in the Surgical Tourniquet Market:
- Stryker Corporation
- Zimmer Biomet
- Ulrich GmbH & Co.KG
- AneticAid Ltd.
- Hammarplast Medical AB
- Anetic Aid
- VBM Medizintechnik GmbH
- Delfi Medical Innovations
- Daesung Maref
- OHK Medical Devices
- Dessillons & Dutrillaux
Key Segments of Surgical Tourniquet Market Report:
By Product:
The industry is bifurcated into tourniquet systems and tourniquet cuffs. The tourniquet systems category is further bifurcated into single channel systems and dual channel systems.
The tourniquet cuffs category is further bifurcated into inflatable cuffs and non-inflatable cuffs. The inflatable cuffs sub-segment in further bifurcated into disposable cuffs and reusable cuffs. The non-inflatable cuffs sub-segment in further bifurcated into disposable cuffs and reusable cuffs
By Application:
The application category is classified into knee arthroplasty, amputation of limbs, plastic surgeries, and trauma cases.
By End-User:
The end user category is trifurcated into hospitals, ambulatory surgical centers, and specialized clinics.
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