Surgical Tourniquets Market Size (2024 - 2029)

Surgical Tourniquets Market Analysis

The Surgical Tourniquets Market size is estimated at USD 0.55 billion in 2024, and is expected to reach USD 0.81 billion by 2029, growing at a CAGR of 8% during the forecast period (2024-2029).

The growth of the studied market is driven by the rise in trauma cases, the increased number of hospitals the adoption of advanced healthcare infrastructure, and the rise in the geriatric population.

The increasing geriatric population worldwide and the rise of orthopedic diseases such as arthritis and osteoporosis are the mainstays of the surgical tourniquets market. For instance, according to an article published by Frontiers in Rehabilitation Sciences in April 2023, it is estimated that osteoarthritis affects about 3.3 to 3.6% of the population globally, and it causes moderate to severe disability in 43 million people, making it the 11th most debilitating disease worldwide. 

The article also stated that in the United States, it is estimated that 80% of the population over 65 years old has radiographic evidence of osteoarthritis. However, only 60% of this subset has symptoms. The growing prevalence of arthritis and the increasing burden of arthritis conditions among the elderly are expected to boost the market growth, as surgical tourniquets are expected to be increasingly used during the surgical treatment procedures of arthritis.

Furthermore, according to the World Population Prospects: 2022, published by the UN in 2022, it was estimated that the share of the global population aged 65 years or above is projected to rise from 10% in 2022 to 16% in 2050. As a person ages, his bones become weaker, making him more prone to surgical treatments. Thus, with the aging population, the usage of surgical tourniquets is expected to increase during orthopedic surgeries, which is expected to enhance future market growth.

Hence, due to the factors above, such as the rising prevalence of orthopedic diseases such as arthritis and the rising geriatric population, the studied market is expected to experience growth during the forecast period of the study. However, factors such as the lack of skilled professionals and the risk of infectious disease transmission are expected to impede the market's growth.

Surgical Tourniquets Industry Segmentation

As per the report's scope, surgical tourniquets are devices employed in surgical procedures to restrict the blood flow of extremities. Due to their advanced features, tourniquets have a wide range of applications, including various surgeries, joint replacements, reconstructive procedures, and cosmetic and orthopedic surgeries. 

The Surgical Tourniquets Market is Segmented by Type, Application, End User, and Geography. By Type, the market is subsegmented into Tourniquet Systems, Tourniquet Cuffs, and Tourniquet Accessories. By Applications, the market is subsegmented into Lower-limb Surgery and Upper-limb Surgery. By End-User, the market is subsegmented into Hospitals and Trauma Centers, Ambulatory Surgery Centers, and Other End-Users. By Geography market is subsegmnted into North America, Europe, Asia-Pacific, Middle East and Africa, and South America.

The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the segments mentioned above.