Global Tourniquet Devices Market Drivers, Opportunities, Trends and Forecasts 2018-2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 5, 2018--The “Global Tourniquet Devices Market: Drivers, Opportunities, Trends and Forecasts: 2018 - 2024” report has been added to ResearchAndMarkets.com’s offering.
The Global Tourniquet Market is Estimated to Witness a CAGR of 7.9% During the Forecast Period 2018-2024.
The advancement in traditional bandages led to development of innovative tourniquets that include a pneumatic cuff, manometer, and hand pump. This will enable the uniform circumferential pressure and reduce complications and other risks involved during the usage of tourniquet.
The market is witnessing a lucrative growth in developing countries and is expected to see increased volume sales during the forecast period. The sales of tourniquets will further increase through physician-owned orthopedic devices distributors, hospitals, ASCs, emergency settings, and clinics. Most of the consumers focus on procuring a wide range of tourniquet systems and cuffs that are innovative and have advanced solutions. They focus in bundling payment model that helps to buy product at lower price.
This model allows companies to partner with physicians, who obtain tourniquets from manufacturers at a low price when compared to their market price. This helps companies in saving costs by eliminating the concept of the direct sales force. However, surgical procedures can cause complications such as delayed union, implant migration, and risk of infections. In addition, some faulty systems can further deteriorate the impact of the disorder in people.
Most of the leading tourniquet companies focus in developing high-quality tourniquets that provide assessment of various surgeries and clinical settings. Manufacturers come up with different strategies to compete in the market and come up with various brands, models, and designs.
Factors such as rise in aging population, increase incidence of chronic diseases, introduction of pneumatic tourniquets with high operability and safety, and increase in number of accidents, injuries, and emergencies are expected to drive the impact on growth of tourniquets leading to high demand of advanced tourniquets devices.
The market is dominated by Zimmer Biomet, Stryker, Delfi Medical Innovation, Ulrich GmbH, and Hammarplast Medical have the maximum revenue generation in the global tourniquet market.
Key Topics Covered:
1 Industry Outlook
2 Report Outline
3 Market Snapshot
4 Market Characteristics
5 Industry Trends
8 Competitive Landscape
9 Vendor ProfilesDelfi Medical Innovation Hammarplast Medical Stryker Ulrich GmbH Zimmer Biomet
For more information about this report visit https://www.researchandmarkets.com/research/6m4dl4/global_tourniquet?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181205005779/en/
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Related Topics:Medical Devices
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/05/2018 03:06 PM/DISC: 12/05/2018 03:06 PM