Global Tourniquet Systems Market Estimated to Reach $1 Billion by 2030: Key Players Include Stryker, Zimmer Biomet, and More


Dublin, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The "Tourniquet Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Tourniquet Systems estimated at US$436.3 Million in the year 2022, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 11.3% over the analysis period 2022-2030.

Tourniquet Cuffs, one of the segments analyzed in the report, is projected to record 11.8% CAGR and reach US$800.6 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Tourniquet Instrument segment is readjusted to a revised 9.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $118.9 Million, While China is Forecast to Grow at 16.6% CAGR

The Tourniquet Systems market in the U.S. is estimated at US$118.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$249.6 Million by the year 2030 trailing a CAGR of 16.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.7% and 10.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.

Select Competitors (Total 42 Featured) -

  • C.A.T Resources
  • Delfi Medical
  • Hammarplast Medical AB
  • Huaxin Medical Equipment Factory
  • OHK Medical Devices
  • Pyng Medical
  • Rudolf Riester GmbH
  • Sam Medical
  • Stryker
  • Ulrich Medical
  • VBM Medizintechnik GmbH
  • Zimmer Biomet

Key Attributes:

Report AttributeDetails
No. of Pages93
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$436.3 Million
Forecasted Market Value (USD) by 2030$1000 Million
Compound Annual Growth Rate10.9%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Tourniquet Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/s3k974

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Global Market for Tourniquet Systems

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