October 20, 2021
As cited by the research report titled ‘Global Pneumatic Tourniquet Market Size study, by Type (Single Bladder, Double Bladder), By Application (Orthopedic, IVRA) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global pneumatic tourniquet market is projected to grow with a strong CAGR to accumulate significant returns over 2021-2027.
Increasing number of orthopedic operations and unintentional accidents, rising elderly population, and growing patient awareness are the major factors driving global pneumatic tourniquet market growth.
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For the record, pneumatic tourniquets are used in plastic surgeries and orthopedic operations to create a bloodless field, enhance surgeon safety, and improve accuracy. Thus, mounting number of plastic surgeries is augmenting the market scope.
Lack of physical exercise, poor eating habits, and high prevalence of diabetes, obesity & orthopedic problems among the geriatric population are potent risk factors. This in tandem with growing ageing population will augment the demand for orthopedic procedures.
Speaking of the negatives, high cost of orthopedic services is likely to hinder market progression over the estimated timeline. Moreover, due to COVID-19 pandemic the healthcare facilities have been overburdened, postponing many healthcare procedures for a long time, thus negatively impacting the overall market scenario.
Based on type, global pneumatic tourniquet industry is segmented into single bladder, and double bladder. Considering application range, the marketplace is categorized into orthopedic, and intravenous regional anesthesia.
The geographical analysis of the global pneumatic tourniquet industry involves regions like North America, Asia Pacific, Europe, and Latin America. North America held a significant market share in 2020 and is likely to be a lucrative growth avenue during the study period, owing to increasing number of orthopedic procedures performed on the elderly population and rising number of accidents.
Meanwhile, Asia Pacific market is expected to record a CAGR of 7.6% through 2027, on account of rising number of upper and lower limb operations, increasing demand for clinical trials, and augmented investments in research and development by prominent market participants.
Prominent players influencing the global pneumatic tourniquet industry dynamics are SMEF company, Dessillons & Dutrillaux Sarl, Anetic Aid Ltd., Hema Medical Co. Ltd., ulrich medical, Hpm, Stryker Corporation, VBM Medizintechnik GmbH, Daesung Maref Co. Ltd., and Zimmer Biomet.