Global Latex Tourniquet Market Overview
A tourniquet is a device that applies pressure to a limb or extremity in order to reduce – but not stop – blood flow. It can be employed in a variety of situations, including emergencies, surgery, and post-operative rehabilitation. The phlebotomist also uses a tourniquet to evaluate and establish the location of a good vein for venipuncture. A properly applied tourniquet will partially obstruct venous blood flow back to the heart, causing blood to momentarily pool in the vein, making the vein more visible and the blood easier to extract. To avoid hemoconcentration, the tourniquet should be applied three to four inches above the needle insertion point and left in place for no more than one minute. A simple tourniquet can be manufactured with a stick and a rope (or a leather belt), however due to their ineffectiveness when compared to a commercial or professional tourniquet, their use has decreased over time. While this may stop the flow of blood, it also has the potential to cause soft tissue and nerve injury. The Latex Tourniquet Market accounted for US$ 370.6 million in 2020 and is estimated to be US$ 762.2 million by 2030 and is anticipated to register a CAGR of 7.50%.
Global Latex Tourniquet Market Dynamics
Increase in the number of vehicle accidents will drive the growth of the Market
Surgical tourniquets are in high demand due to an increase in the number of vehicle accidents and falls. Furthermore, the growing ageing population and the increasing number of joint replacement procedures are driving this industry forward. The primary areas of opportunity for participants in this market include emerging markets such as China, India, and Japan. However, a scarcity of qualified specialists would stifle market expansion to some extent.
Global Latex Tourniquet Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The Global Latex Tourniquet Market is segmented based on product, application and region.
On the basis of Product, the Global Latex Tourniquet Market is segmented into Manual and Pneumatic. Based on Application, the target market is segmented into General Medical Tourniquets and Emergency Tourniquets.
Regional Insights:
Source: Prophecy Market Insights
On region the Global Latex Tourniquet Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2019, the latex tourniquets market was dominated by North America. During the forecast period, the APAC region is expected to have the greatest CAGR. In APAC, a vast population base is a primary driving force. Other significant factors supporting the expansion of this regional segment include an increase in the number of hospitals and an increase in the geriatric population. In addition, the strong presence of global and local companies in China to support market expansion, as well as the rising number of joint replacement procedures in the rest of Asia Pacific, are driving market growth in this area.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Product- Manual and Pneumatic By Application– General Medical Tourniquets and Emergency Tourniquets |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Latex Tourniquet Market report based on product, application and region.
Global Latex Tourniquet Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Latex Tourniquet Market Key Players
The key players operating in the latex tourniquet market are Stryker Corporation (US), Zimmer Biomet (US), Hammarplast Medical (Sweden), ulrich medical (Germany), VBM Medizintechnik (Germany), AneticAid (UK), Delfi Medical Innovations (Canada), Pyng Medical (Canada), OHK Medical Devices (Israel), Zhangjiagang Huaxin Medical Equipment Factory (China), Hangzhou Zhengda Medical Co. (China), Dessillons & Dutrillaux (France), and Daesung Maref (Korea).
Global Latex Tourniquet Market Company Profile
- Stryker Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Zimmer Biomet
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hammarplast Medical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ulrich medical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- VBM Medizintechnik
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AneticAid
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Delfi Medical Innovations
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pyng Medical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Latex Tourniquet Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for latex tourniquet Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Application
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Latex Tourniquet Market, By Product, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Manual
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pneumatic
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Latex Tourniquet Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- General Medical Tourniquets
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Emergency Tourniquets
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Latex Tourniquet Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Stryker Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Zimmer Biomet
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hammarplast Medical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ulrich medical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- VBM Medizintechnik
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AneticAid
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Delfi Medical Innovations
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pyng Medical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Global Latex Tourniquet Market is segmented based on product, application and region.
Increase in the number of vehicle accidents is major factor driving the market.
During the forecast period, North America is expected to dominate the market.
The key players operating in the latex tourniquet market are Stryker Corporation (US), Zimmer Biomet (US), Hammarplast Medical (Sweden), ulrich medical (Germany), VBM Medizintechnik (Germany), AneticAid (UK), Delfi Medical Innovations (Canada), Pyng Medical (Canada), OHK Medical Devices (Israel), Zhangjiagang Huaxin Medical Equipment Factory (China), Hangzhou Zhengda Medical Co. (China), Dessillons & Dutrillaux (France), and Daesung Maref (Korea).