Pneumatic Tourniquet Market Size Is Expected To Reach USD 591.6 Million By 2028


 San Francisco, 21 Jan 2022: The Report Pneumatic Tourniquet Market Size, Share & Trends Analysis Report By Type (Single Bladder, Double Bladder), By Application (Orthopedic, IVRA), By Region, And Segment Forecasts, 2021 - 2028

The global pneumatic tourniquet market size is expected to reach USD 591.6 million by 2028, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. 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.

Thus, the demand for pneumatic tourniquets is predicted to increase, as they are mainly used to control bleeding in emergency situations, such as accidents. Furthermore, increasing private and public expenses on the development of healthcare infrastructure in emerging economies are propelling the market growth. In addition, rising R&D activities to develop advanced products are likely to create lucrative market growth opportunities.

Tourniquets are widely used in hospitals for orthopedic procedures if external hemorrhage cannot be controlled by direct pressure. Furthermore, these systems are extensively used owing to their ability to create a bloodless field during orthopedic surgery. This helps surgeons to reduce procedural time. Moreover, the device is used for urgent management of breathing and airway issues during emergencies, such as severe limb amputation or limb hemorrhages with multiple bleeding points. It also offers greater flexibility and reliability, leading to the rising product demand.

Access Research Report of Pneumatic Tourniquet Market @ https://www.grandviewresearch.com/industry-analysis/pneumatic-tourniquet-market-report

Pneumatic Tourniquet Market Report Highlights

  • In terms of type, the single-bladder segment held the largest market share of over 66% in 2020
  • The growth is attributed to the high demand for single-bladder devices due to the better clinical efficacy offered by them
  • In terms of application, the others segment held the largest market share in 2020
  • The segment is expected to remain dominant growing at a considerable growth rate over the forecast period
  • Asia Pacific market is expected to witness the fastest growth rate over the forecast period
  • This growth is credited to the rising number of orthopedic surgeries performed and growing cases of accidental injuries

List of Key Players of Pneumatic Tourniquet Market

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

Access Press Release of Pneumatic Tourniquet Market @ https://www.grandviewresearch.com/press-release/global-pneumatic-tourniquet-market

 

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein retail stores, restaurants, and hot
Read more