Global Tourniquet Systems Market

The global tourniquet systems market accounted for USD 0.520 billion in 2023 and is expected to reach at USD 1.21 billion by 2034 with a CAGR of 7.96% during the forecast period 2024-2034. The market will grow as a result of factors such as the increasing number of surgical procedures performed, the growing incidence of traumatic injuries and accidents, technological advancements, the growing adoption in combat and military medicine, an increased emphasis on disaster management and emergency preparedness, and the expansion of healthcare infrastructure in emerging markets.

Tourniquet systems are in high demand because of the rising number of traumatic injuries and accidents, including sports injuries, industrial catastrophes, and car accidents. These tools play a critical role in limiting bleeding and averting severe blood loss during emergencies, ultimately saving lives. For instance, Zimmer Biomet launched the ROSA Hip System in December 2022, a robotically assisted surgical system intended for total hip replacement treatments.

By component, the tourniquet cuffs segment accounted for the highest revenue-grossing segment in the global tourniquet systems market in 2023 owing to the increasing adoption of minimally invasive surgical procedures and the rising prevalence of chronic diseases necessitating vascular surgeries and limb perfusion management. For instance, in February 2023, Stryker announced the acquisition of Gauss Surgical, a provider of AI-driven surgical and patient monitoring systems, to expand its digital surgery portfolio. Additionally, the tourniquet instruments segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing demand for advanced surgical instruments equipped with features like precision control, ergonomic design, and compatibility with digital interfaces, enhancing procedural efficiency and patient outcomes.

By application, the lower-limb surgery segment accounted for the highest revenue-grossing segment in the global tourniquet systems market in 2023 and is predicted to grow at the fastest CAGR during the forecast period owing to the rising prevalence of lower-limb orthopedic surgeries, vascular procedures, and diabetic limb salvage surgeries driven by factors such as aging population, increasing incidence of diabetes, and advancements in surgical techniques. For instance, SourceMark Medical declared in August 2022 that it had been granted a group purchasing agreement with Premier, Inc. for the Tourniquet Touch Pneumatic Tourniquet system.

By end-user, the hospitals segment accounted for the highest revenue-grossing segment in the global tourniquet systems market in 2023 owing to the increased demand for surgical interventions, emergency care, and trauma management in hospital settings, supported by investments in healthcare infrastructure and advancements in surgical practices. For instance, Delfi Medical Innovations Inc. announced the release of its new generation of tourniquet devices in August 2023. These systems have user-friendly interfaces and improved pressure control mechanisms. Additionally, the ambulatory surgical centers segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising trend towards outpatient surgical procedures, driven by cost-effectiveness, reduced hospital stays, and technological advancements enabling complex surgeries in ambulatory settings.

North American region is anticipated to have the highest revenue share during the forecast period owing to the region's well-established healthcare infrastructure, high adoption of advanced medical technologies, favorable reimbursement policies, and increasing prevalence of chronic diseases necessitating surgical interventions. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the region's burgeoning population, rising healthcare investments, increasing disposable incomes, and expanding healthcare infrastructure, driving the demand for tourniquet systems across various medical specialties and healthcare settings. For instance, VBM Medizintechnik GmbH introduced their cutting-edge tourniquet system, complete with improved pressure control technology and cutting-edge safety features, in March 2023.

This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.

Report Scope:

• Base Year: 2023
• Forecast Period: 2024-2034
• Study Coverage
• Market Forecast by Component, Application and End-User
• Market Forecast for 5 Regions and 17+ Countries
• North America (U.S. and Canada)
• Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
• Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
• Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
• MEA (South Africa, GCC, Rest of MEA)
• Exhaustive Company Profiles of the Top 10+ Major Market Players

Segmentation: Tourniquet Systems Market Report 2023 - 2034

Tourniquet Systems Market Analysis & Forecast by Component 2023 - 2034 (Revenue USD Bn)

• Tourniquet Instrument
• Tourniquet Cuffs
• Pneumatic
• Non-Pneumatic
• Tourniquet Accessories

Tourniquet Systems Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)

• Lower-limb Surgery
• Upper-limb Surgery

Tourniquet Systems Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Bn)

• Hospitals
• Ambulatory Setting
• Non-institutional Use

Tourniquet Systems Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• UK
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Mexico
• Argentina
• Rest of LATAM
• Middle East & Africa
• South Africa
• GCC
• Rest of MEA