Surgical Tourniquets Market is poised to ascend to US$ 812.2 Million by 2029, with 7.8% CAGR

As per a recent market analysis conducted by Future Market Insights (FMI), the global Surgical Tourniquets Market achieved a valuation of US$ 444.5 Million in 2021 and is poised to ascend to US$ 812.2 Million by 2029.

Surgical tourniquets have long served as a dependable means to establish a bloodless operative field for surgeons while prioritizing patient safety. Nonetheless, the market’s growth is shadowed by potential risks, primarily concerning surgical-site infections and tourniquet-related injuries, stemming from the application of elevated pressures and pressure gradients on patients.

In an endeavor to mitigate the hazards associated with heightened tourniquet pressures, manufacturers are focusing on product innovations. They are introducing novel features such as automatic pressure control, audiovisual alarms, digital displays, and user-friendly interfaces, thus enhancing safety and usability.

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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 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% sales in 2018, while increasing application in 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 the FMI analysts, 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.

Rapid adoption of ‘value-based’ model in health care settings have 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.

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The FMI analyst forecasts that North America will continue to remain at the forefront of surgical tourniquets market, representing 30% share in 2018. While North America is likely to be neck-and-neck with Europe to lead the market in future, manufacturers are tapping into new opportunities in developing countries in Asia Pacific.

The surgical tourniquets market shows a fair level of fragmentation, with two prominent players including 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.

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

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By Region

• North America
• Europe
• Latin America
• South Asia
• East Asia
• Oceania
• Middle East And Africa
• Emerging Countries

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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