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Some of the major players operating in the tourniquet systems market are
These leading market players are implementing advanced technologies to cater to the large unmet needs of the consumers. These players focus on strategic partnerships, new product launch & commercialization for market expansion.
Global market for tourniquet systems was valued at USD 437 million in 2022 and will exceed USD 941 million by 2032 owing to the increasing prevalence of degenerative bone disorders and musculoskeletal diseases among the adult population.
The tourniquet cuffs market accounted for more than 68% of the total market share in 2022 as a result of various advantages including the capability to control haemorrhage and minimize blood loss and improved visualization and controlled bleeding.
The U.S. tourniquet systems market is slated to reach around USD 358 million by 2032 on account of an increase in the number of chronic diseases, and rising awareness regarding the benefits of tourniquet systems for diagnosis and treatment of joint ailments among others in the country.
The lower-limb segment is anticipated to grow at 7.6% CAGR from 2023 to 2032, driven by its enhanced surgical precision, reduced blood loss, and improved post-operative pain control in the procedure.