Global Tourniquet Market Growth 2023-2029

Global Tourniquet Market Growth 2023-2029

A tourniquet is a constricting or compressing device, specifically a bandage, used to control venous and arterial circulation to an extremity for a period of time. Pressure is applied circumferentially upon the skin and underlying tissues of a limb; this pressure is transferred to the walls of vessels, causing them to become temporarily occluded. It is generally used as a tool for a medical professional in applications such as cannulation or to stem the flow of traumatic bleeding.
LPI (LP Information)' newest research report, the “Tourniquet Industry Forecast” looks at past sales and reviews total world Tourniquet sales in 2022, providing a comprehensive analysis by region and market sector of projected Tourniquet sales for 2023 through 2029. With Tourniquet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tourniquet industry.
This Insight Report provides a comprehensive analysis of the global Tourniquet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tourniquet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tourniquet market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tourniquet and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tourniquet.
The global Tourniquet market size is projected to grow from US$ 916.2 million in 2022 to US$ 1096.1 million in 2029; it is expected to grow at a CAGR of 1096.1 from 2023 to 2029.
North America is the largest supplier and consumer of Tourniquet with a production market share of 35% and a consumption market share of 35%. The second place is Europe, following North America with the production market share of 24% and a consumption market share of 27%.
Market competition is not intense. BD, 3M, Fisher Scientific, Covidien, Zimmer, etc. are the leaders of the industry, with about 10% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Tourniquet market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Latex Tourniquet
TPE Tourniquet
Other
Segmentation by application
General Medical tourniquets
Emergency tourniquets
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BD
3M
Fisher Scientific
Covidien
Zimmer
Medline
Cardinal Health
Paul Hartmann
Alimed
Avcor Health Care
Tetra Medical Supply Corp
JIEAN
KeHua
Yancheng Senolo Medical
Xingtong Biotechnology
JSYH Medical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tourniquet market?
What factors are driving Tourniquet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tourniquet market opportunities vary by end market size?
How does Tourniquet break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.