How the Surgical Tourniquet Market Is Changing Healthcare
The medical technology industry has seen a surge in the development of new equipment and products. One of the most important pieces of equipment used in medical settings is surgical tourniquets. These products have an extensive market, with various types and models being developed to meet the needs of healthcare professionals. This article will provide an extensive overview of the current state of the global surgical tourniquet market, including information on its growth trends, leading manufacturers, and potential opportunities for development.
The Surgical Tourniquets Market is estimated to reach USD 1.1 billion by 2032, registering a CAGR of 8.5% during the forecast period 2022-2032. The market is driven by several factors, such as increasing geriatric population, rising prevalence of lifestyle diseases and rising incidences of trauma and road accidents globally. Additionally, increasing awareness regarding availability of advanced tourniquet systems and high demand for minimally invasive surgeries are some other factors boosting the growth of this market.
Moreover, growing focus on patient safety and government initiatives towards healthcare infrastructure development will further create potential opportunities in this market space over the forecast period. However, higher cost associated with these products can hamper the growth of this market to some extent.
The global surgical tourniquets market is rapidly expanding, with a range of products available to meet the needs of medical professionals.This growth can be attributed to the rising prevalence of orthopedic surgeries and other associated procedures in developed countries and increasing awareness about safety measures among healthcare professionals across the globe.
These surgical tourniquets are designed for use in both open surgeries as well as minimally invasive or laparoscopic procedures. These devices are used to control bleeding when a limb or extremity requires amputation or tissue repair and also help reduce post-operative pain caused due to trauma during surgery.