The report "Surgical Tourniquets Market by Type (Tourniquets Systems, Tourniquet Cuffs, Tourniquets Accessories), Applications, End User (Hospitals and Trauma Centers, Ambulatory Surgery Centers, Military) - Global Forecast to 2024", The surgical tourniquets market is projected to grow at a CAGR of 8.0% during the forecast period to reach USD 509 million by 2024 from USD 347 million in 2019. Factors such as the increasing incidence of road accidents and falls, rising geriatric population, and the growing number of joint replacement surgeries are driving the growth of the surgical tourniquets market during the forecast period.
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The tourniquets systems segment accounted for the largest market share in 2019. This is primarily due to the increasing use of tourniquets system during orthopedic surgeries. In 2018, the US accounted for the largest share of the surgical tourniquet systems market. This is mainly due to the increasing number of joint replacement surgeries in the US. According to the American Joint Replacement Registry (AJRR), 860,080 hip and knee replacement procedures were performed in the US in 2017. This number is expected to reach 3.48 million procedures per year by 2030.
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