Pneumatic Tourniquet Market Segmentation, Growth Prospect and Manufacturing Cost Forecast by 2022

Global pneumatic tourniquet Market demand is expected to witness a high growth on account of its increasing incidences of surgeries. Pneumatic Tourniquet is designed for enabling surgeons to perform surgeries in a bloodless operative field and have revolutionized the medical science associated with surgeries. The aging population has been witnessing increasing incidences of various kinds of diseases fueling the demand for sophisticated devices. Countries including Japan, Germany, China, India and the U.S. are major countries with the high aging population. Orthopedic application in the health care sector is the major factor driving the overall market demand.

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These devices are useful in the treatment and surgery of limbs. As per the Centers for Disease control and Prevention, in 2015, each day around 500 incidences of critical limb surgeries were observed in the US. This device usage in the treatment of patients undergoing plastic surgery and it is expected to drive the market over the forecast period. Increasing government initiatives for blood less operative field is expected to propel the industry growth in near future. Growing awareness associated with safe surgery techniques is further anticipated to fuel the demand for these machines.

Intravenous regional anesthesia is another factor that drives the market demand is expected to propel the growth in near future. Medical tourism has resulted in propelling the growth of these devices in countries such as Jordan, Malaysia, Israel, Singapore and Turkey. These countries known to offer health care facilities at significantly lower costs are known to attract patients from across the world. This has increased the purchase of these devices to accommodate the growing number of orthopedic patients. The risk associated with the usage of these machines is expected to pull the market down in the near future. Also these devices require maintenance which acts a barrier for the overall industry growth. Some part of the device is designed to come in contact with the patient and therefore should be cleaned using disinfectants or protected by a disposable cover. Surgeons need to take care that the pneumatic tourniquet should not be on a patient limb for more than 120 minutes. Also, this device usage is not recommended for patients suffering from skin lesions.

Market segmentation is done on the basis end users which include, hospitals and independent medical centers. Hospitals account for majority of the segment share and is expected to continue its dominance owing to privatization of health care sector. Independent medical centre is expected to grow at a slow rate owing to the high costs of this equipment. North America has been the leading market in recent years in terms of demand and is expected to continue its dominance owing to developed health care sector and increasing government initiatives for sophisticated medical devices.

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Further, regional demand is followed by Asia Pacific mainly on account of increasing incidences of cataract and glaucoma. Emerging economies including India and Malaysia is expected to provide bright opportunities on account of increasing privatization in healthcare. Europe is expected to show a steady growth over the forecast period owing to government initiatives. Central and South America is anticipated to witness a substantial growth mainly due to medical tourism in countries including Mexico, Brazil, Cuba and Ecuador. Africa is expected to witness a slow growth owing to developing healthcare sector. Key players operating in the market are Zimmer Biomet, Riester, VBM, Ulrich Medical, uZuMCu, Beijing Jinxinxing, Anetic Aid and Beijing Xintian.