Global Surgical Tourniquets Market was valued at US$ 312.8 Mn in 2019 and is expected to reach US$ 654.3 Mn by 2027, at a CAGR of 9.66% during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
High demand for tourniquets in military applications, rise in R&D activities, technological advancements like sterile disposable tourniquets, increase in initiatives from governments, and growth in incidences of intestinal-related disorders drive the market. However, lack of product differentiation and adverse effects after using tourniquets for instance hyperemia, hyperthermia, and pain restrain the growth of the market. Additionally, the development of latex-free tourniquets and rise in a number of programs and initiatives by the government provide profitable growth for the market during the forecast period.
The global tourniquet market has massive growth opportunities in both developed and developing regions. The market in the developed economies is witnessing an increased adoption of a tourniquet for high quality, safety, and efficacy owing to improved access and availability in healthcare institutions.
Hospitals and trauma centers segment accounted for the largest market share of the surgical tourniquets market in 2017. Hospitals and trauma centers are the major end-users of surgical tourniquet products. The growing need for joint replacement surgeries and rapid growth in the geriatric population across the world are some of the key factors driving the growth of the hospitals and trauma centers segment.
North America is expected to be the fastest growing market for surgical tourniquets during the forecast period. In North America, the USA and Canada are the leading countries because of the highest number of surgical cases in 2017. This region dominates the global presence of tourniquet and has the most diversified tourniquet available in the market. It has the highest percentage of the elderly population with numerous individuals with chronic diseases, for example, CVD, diabetes, obesity, high blood pressure, and other urology related factors. This has attracted most of the retailers to sustain and grow over the period and maintain their product presence in the market. Europe is the second leading region and held further than 29% of the market share in 2017. The market in Europe was mostly driven by advances in medical devices technologies.
A recent development in the market for surgical tourniquets: In July 2016, Zimmer Biomet Holdings, Inc. (U.K) arrived into a multi-year collaboration with the Indo U.K Institutes of Health. The leading stage of the collaboration comprises the establishment of the Zimmer Biomet Institute of India, a 30,000 square-foot state-of-the-art medical training and education ability on the campus of King's College Hospital in, Andhra Pradesh.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Surgical Tourniquets Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Surgical Tourniquets Market.
Scope of the Global Surgical Tourniquets Market
Global Surgical Tourniquets Market, By Type
• Tourniquet Systems
• Tourniquet Cuffs
o Pneumatic Tourniquet Cuffs
Single-Use Pneumatic Tourniquet Cuffs
Reusable Pneumatic Tourniquet Cuffs
• Non-Pneumatic Tourniquet Cuffs
• Tourniquet Accessories
Global Surgical Tourniquets Market, By Application
• Lower-Limb Surgery
• Upper-Limb Surgery
Global Surgical Tourniquets Market, By End User
• Hospitals and Trauma Centers
• Ambulatory Surgery Centers
• Military
• Other
Global Surgical Tourniquets Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global Surgical Tourniquets Market
• Beijing Xintian
• Hammarplast Medical AB
• UZuMCu
• Bohua Medical
• Hangzhou Keyu
• Zimmer Biomet
• Anetic Aid
• RiesterVBM
• Beijing Jinxinxing
• Shanghai Huifeng
• Stryker Corporation
• Delfi Medical Innovation
• Medic Instrument
• Ulrich Medical
• Changzhou Yanling
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Global Surgical Tourniquets Market was valued at US$ 312.8 Mn in 2017 and is expected to reach US$ 654.3 Mn by 2026, at a CAGR of 9.66% during a forecast period.High demand for tourniquets in military applications, rise in R activities, technological advancements like sterile disposable tourniquets, increase in initiatives from governments, and growth in incidences of intestinal-related disorders drive the market.
However, lack of product differentiation and adverse effects after using tourniquets for instance hyperemia, hyperthermia, and pain restrain the growth of the market.
Additionally, the development of latex-free tourniquets and rise in a number of programs and initiatives by the government provide profitable growth for the market during the forecast period.The global tourniquet market has massive growth opportunities in both developed and developing regions.
The market in the developed economies is witnessing an increased adoption of a tourniquet for high quality, safety, and efficacy owing to improved access and availability in healthcare institutions.Hospitals and trauma centers segment accounted for the largest market share of the surgical tourniquets market in 2017.
The growing need for joint replacement surgeries and rapid growth in the geriatric population across the world are some of the key factors driving the growth of the hospitals and trauma centers segment.North America is expected to be the fastest growing market for surgical tourniquets during the forecast period.
Europe is the second leading region and held further than 29% of the market share in 2017.
Global Surgical Tourniquets Market was valued at US$ 312.8 Mn in 2019 and is expected to reach US$ 654.3 Mn by 2027, at a CAGR of 9.66% during a forecast period.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.
Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.High demand for tourniquets in military applications, rise in R activities, technological advancements like sterile disposable tourniquets, increase in initiatives from governments, and growth in incidences of intestinal-related disorders drive the market.
However, lack of product differentiation and adverse effects after using tourniquets for instance hyperemia, hyperthermia, and pain restrain the growth of the market.
Additionally, the development of latex-free tourniquets and rise in a number of programs and initiatives by the government provide profitable growth for the market during the forecast period.The global tourniquet market has massive growth opportunities in both developed and developing regions.
The market in the developed economies is witnessing an increased adoption of a tourniquet for high quality, safety, and efficacy owing to improved access and availability in healthcare institutions.Hospitals and trauma centers segment accounted for the largest market share of the surgical tourniquets market in 2017.
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Based on specialty, telemedicine technologies and service market are divided by cardiology, dermatology, neurology, orthopedic, emergency care, internal medicine, and gynecology.
On basis of services, a market is divided into teleconsultation, telemonitoring, tele-education, telecare, tele-training, and telesurgery.
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The implementation of telemedicine is increasing worldwide.
On another hand, the lack of a refund, regulatory issues, lack of physician knowledge and acceptance are some of the factors limiting the growth of the telemedicine market.
North America dominates the global telemedicine market with the highest market share.For More Information Visit https://www.maximizemarketresearch.com/market-report/global-telemedicine-technologies-and-service-market/15761/ The use of telemedicine programs is integrated into more than half of all U.S. hospitals, and into specialty departments, private physician offices, home health agencies, homes, and workplaces.
Global Industrial Insulation Market was valued at US$ 11.58 Bn in 2019 and is expected to reach US$ 19.58 Bn by 2026, at a CAGR of 6.78% during a forecast period.The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors.
The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology:-Request Free Sample ReportInsulation is a layer or coating of resistant material, which serves as a barrier to the targeted energy.
Industrial insulation fulfills the purpose of protection and avoids energy loss from the body which applied onto.Industrial insulation materials are generally non-conducting materials, which act as a barrier to the flow of heat, sound, moisture, and others.
The factor further expected to drive the growth of this market due to the increasing focus of regional government to reduce energy consumption.The most common application of industrial insulation is to make the system thermal resistant and leakproof.
Single or multiple layers of a thermal insulator are applied to the fluid conduction pipes or on the boiler surface.
Also, different Products of industrial insulators are present in the global market, which can be in the form of flexible sheets and pre-formed shaped, flexible blankets, rigid boards, blocks, sheets, and pre-formed shapes, foams, liquids (spray, paints), etc.Based on the product, the wrap/sheets segment is expected to contribute a major revenue share to the global market and is expected to maintain its dominance over the forecast period.
