Tourniquet Devices Market Anticipated to Witness Growth by
Increasing Number of Accident-Related Injuries
Research Nester released a report titled “Tourniquet Devices Market:
Global Demand Analysis & Opportunity Outlook 2027” which
delivers detailed overview of the global tourniquet devices market in terms
of market segmentation by product type, by application, by end user and by
region.
According to the W.H.O., about 1.4 million people, 75% of whom were men,
were killed due to road accidents in 2016.
The market for tourniquet devices is anticipated to witness a significant
growth during the forecast period of 2019-2027 on account of increasing
number of accident-related injuries among people across the globe.
Tourniquet devices are used during the cases of surgical procedures, medical
emergencies or for rehabilitation purposes. They compress the veins and
arteries and restrict the blood flow, thereby controlling the blood pressure
according to the desired level.
The tourniquet devices market is estimated to record a CAGR of about 8%
and witness a significant growth in the market size during the forecast
period. The market is segmented by product type, by application, by end user
and by region. Out of these segments, the end user segment is further
segmented into hospitals, clinics, ambulatory surgical centers and others.
The hospital segment is anticipated to significantly raise the demand for the
tourniquet devices which can be attributed to the growing number of
accidents and chronic disorders across the world.
The market in the North America region is estimated to witness highest
growth on account of growing technological advancements in the healthcare
sector. Additionally, the increasing geriatric population and the growing
prevalence of chronic diseases among them is another factor leading to the
market growth in this region. The major growth drivers for the tourniquet
market include increasing incidences of emergency situations and accidents.
The rising number of accidents are honing the demand for tourniquet
devices, thereby boosting the growth of the market.
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