Pneumatic Tourniquet Market Size to Record US$ 701.6 million through 2030

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The global Pneumatic Tourniquet market size is expected to be worth around US$ 701.6 million by 2030, according to a new report by Vision Research Reports.

The global Pneumatic Tourniquet market size was valued at US$ 450.5 million in 2020 and is anticipated to grow at a CAGR of 10.0% during forecast period 2021 to 2030.

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Pneumatic Tourniquet Market (By Type: Single-bladder, Double-bladder; By Application: Orthopedic, Intravenous Regional Anesthesia, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Report Coverage

Report Coverage Details
Market Size US$ 701.6 million by 2030
Growth Rate CAGR of 10.0% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Zimmer Biomet; Stryker; Ulrich Medical; VBM; Anetic Aid; DSMAREF Co. Ltd.

Growth Factors

 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.

The COVID-19 pandemic has significantly impacted the global market. Healthcare facilities, such as hospitals, have been exhausted with a large number of COVID-19 patients; therefore, many countries have postponed orthopedic surgeries and other healthcare procedures for an indefinite period.

Report Highlights

On the basis of type, the market has been segmented into single-bladder and double-bladder tourniquets. The single-bladder segment held the largest market share of 76.8% in 2020and is expected to witness a considerable growth rate over the forecast period. The double-bladder tourniquet segment is anticipated to witness the fastest growth rate over the forecast period. The cuffs mainly designed for intravenous regional anesthesia have a dual bladder.

On the basis of application, the market has been segmented into orthopedic, Intravenous Regional Anesthesia (IVRA), and others. The others segment held the largest market share of 48.9% in 2020 and is anticipated to witness a considerable growth rate over the forecast period. This segment mainly includes the application of pneumatic tourniquets in emergencies like accidents or war injuries.

The severity of injuries increases owing to delays in detecting and providing care for individuals involved in a road traffic crash. Care for injuries following an accident is very time-sensitive. Thus, urgent prevention of blood loss for effective treatment is necessary. These factors are expected to surge product demand, thereby fueling segment growth.

North America dominated the global market in 2020 with the largest revenue share of 48.26% and is projected to witness a significant growth rate over the estimated period. The growth can be attributed to a rise in the prevalence of orthopedic surgeries in the geriatric population and a rise in cases of accidental injuries.  Asia Pacific is anticipated to register the fastest CAGR of 10.6% during the forecast period. An increasing number of upper and lower limb surgeries performed is expected to present significant growth opportunities for the market in this region.

Key Players

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

Market Segmentation

  • Type
    • Single-bladder
    • Double-bladder
  • Application
    • Orthopedic
    • Intravenous Regional Anesthesia
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • Japan
      • China
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • South Africa
      • Saudi Arabia

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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