all report title image

GLOBAL BLEEDING CONTROL KIT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Bleeding Control Kit Market, By Product Type (Medical Gloves, Tourniquet, Medical Shears, Compressed Gauze, Compression Bandage, Others), By Injury Type (Gunshot wounds, Stab Wounds, Deep cuts, Others), By End User (Hospitals, Clinics, Home Care Settings, Emergency Medical Centers, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : Apr 2024
  • Code : CMI6854
  • Pages :165
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Global Bleeding Control Kit Market Size and Trends

Global bleeding control kit market is estimated to be valued at US$ 4,480.7 Mn in 2024 and is expected to reach US$ 5,492.6 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.

Global Bleeding Control Kit Market Key Factors

Discover market dynamics shaping the industry: Request sample copy

Global bleeding control kit market is expected to witness growth due to rising trauma injuries worldwide. As traumatic injuries remain a major cause of mortality, awareness and availability of first-aid measures like bleeding control kits are increasing. Their ease-of-use and ability to temporarily stop blood loss until medical help arrives boosts demand across household and professional settings such as workplaces. Growing initiatives by governments and non-profits promoting first-aid training would aid the market expansion. While demand for bleeding control kits is stimulated by their lifesaving capability, some restraints persist. Low awareness about correct application and proper use remains a challenge, especially in emerging economies. Availability of cheaper alternatives also affects sales of branded products. However, increasing collaborative efforts between industry and non-profits for training programs are likely to overcome such limitations gradually in the near future.

Growing awareness about bleeding control

Bleeding is one of the major causes of traumatic deaths globally. Even minor bleeding injuries can lead to catastrophic health issues if not treated properly and immediately. However, over the years, there has been a significant rise in awareness about bleeding control methods that can save lives in emergency situations. Various government and non-government organizations have been conducting training programs to teach common people as well as professionals like police, security personnel and paramedics about standard techniques for bleeding control. These are teaching methods like direct pressure, elevation, compression dressings and tourniquets that can help curb major bleeding until medical help arrives. This increased awareness about basic bleeding control modalities is translating into greater preparedness among masses as well as professionals. More people now carry commercial bleeding control kits in their vehicles and bags for any emergency situation. This growing focus on bleeding preparedness as a crucial aspect of emergency medical training and civic sense is boosting demand for bleeding control kits across the globe.

Market Concentration and Competitive Landscape

Global Bleeding Control Kit Market Concentration By Players

Get actionable strategies to beat competition: Request sample copy

Rise in adventure sports and outdoor recreation activities

With increasing health consciousness and changing lifestyles, there is a massive surge in the popularity of adventure sports and outdoor recreational activities in both developed and developing regions. Activities like hiking, mountain biking, rock climbing, whitewater rafting that involve risk of open wounds and bleeding injuries have grown manifold. Even casual outdoor activities like camping, trekking, water sports, and others can sometimes lead to lacerations or other bleeding issues due to falls, cuts or injuries from equipment. Participants are recognizing the need to adequately prepare for medical contingencies during activities conducted in remote locations away from hospitals. This has boosted the sales of first-aid kits with specific bleeding control solutions. Manufacturers are also introducing portable and field-ready bleeding control kits suitable for recreation enthusiasts. The proliferation of adventure sports and growing outdoor hobby culture is notably driving the global bleeding control kit market growth.

Global Bleeding Control Kit Market Key Takeaways From Lead Analyst

To learn more about this report, Request sample copy

Market Challenges – Increasing competition from local manufacturers

Increasing competition from local manufacturers in developing markets. Since bleeding control kits are generally commodity products, it is easy for smaller players to replicate existing designs and compete on price. This puts downward pressure on margins for established brands. Stringent regulations around new product approval and quality standards in developed countries increases cost and time for new market entrants.

Market Opportunities – Rising rates of accidents and injuries worldwide

Global bleeding control kit market has significant growth opportunities. With rising rates of accidents and injuries worldwide due to factors like increasing vehicular traffic, construction activity and sports injuries, demand for first-aid treatments is on the rise. Moreover, growing awareness about bleeding control kits and their usefulness in treating life-threatening conditions like gunshot or stab wounds is increasing demand. There is also a push to make bleeding control kits readily available in public spaces to reduce mortality in emergencies.

Global Bleeding Control Kit Market By Product Type

Discover high revenue pocket segments and roadmap to it: Request sample copy

Insights, By Product Type: Rising Adoption of Preventive Healthcare Approaches

Product Type segment is sub-segmented into medical gloves, tourniquet, medical shears, compressed gauze, compression bandage, and others. Medical Gloves segment is estimated to hold 32.5% share of the market in 2024, owing to rising adoption of preventive healthcare approaches. Gloves provide an effective barrier against contamination while treating bleeding wounds. As healthcare moves from a disease treatment model to focus on maintaining wellness, demand for preventive equipment like gloves is growing. Their easy availability and affordability make gloves suitable for first-aid kits. Growing awareness about infection control and standard hygiene practices boost their popularity. Gloves help avoid direct contact with blood and allow safe handling of injuries before medical care is available. This drives their widespread use among patients, caregivers as well as professional medical staff. 

Insights, By Injury Type: Burden of Accidental Injuries

Injury Type segment is sub-segmented into gunshot wounds, stab wounds, deep cuts, and others. Deep Cuts segment is expected to hold 46.8% of the market share in 2024. Deep lacerations caused by glass, metal objects and other materials require immediate attention to control severe bleeding. Their vulnerability to infections also calls for proper first-aid. Readily available bleeding control kits with items like medical shears and compression bandages facilitate timely treatment of such injuries. This addresses an important health challenge and reduces the risk of long-term complications. Rising rate of cuts and the inadequate availability of medical facilities in some areas drive the need for effective self-care solutions.

Insights, By End User: Critical Role of First Responders

End User segment is sub-segmented into hospitals, clinics, home care settings, emergency medical centers, and others. Hospitals segment is expected to hold 52.6% of the market share in 2024. Rapid intervention is crucial for blood loss situations. However, patients are often referred to hospitals from other locations of injuries like homes or emergency sites. The responsiveness of first responders significantly impacts outcomes.

Regional Insights

Global Bleeding Control Kit Market Regional Insights

To learn more about this report, Request sample copy

North America remains the dominant region in the global bleeding control kit market and is anticipated to hold 36.2% of the market share in 2024. The region has strong presence of key market players as majority of the bleeding control kit manufacturers are headquartered in countries like the U.S. and Canada. With robust healthcare infrastructure and higher spending on healthcare, the demand for bleeding control kits remains consistently high throughout the region. Moreover, growing demand for first-aid and emergency care products due to increasing incidents of injuries further aids to the North America's dominance in the global market.

However, Asia Pacific region has emerged as the fastest growing market for bleeding control kit. Population growth and improving economies have boosted healthcare spending in Asia Pacific countries. This, coupled with rising awareness about bleeding emergencies and first-aid, has significantly contributed to the surge in demand for bleeding control kits from both institutional and individual consumers in Asia Pacific nations. Rapid industrialization and rising disposable incomes have also resulted in higher spend on safety and emergency kits, driving the market growth. In addition, lower trade barriers and manufacturing costs have attracted several kit manufacturers to set up production bases in certain Asia Pacific countries, improving regional supply chain and product accessibility.

Market Report Scope

Global Bleeding Control Kit Market Report Coverage

Report Coverage Details
Base Year: 2023 Market Size in 2024: US$ 4,480.7 Mn
Historical Data for: 2019 to 2023 Forecast Period: 2024 to 2031
Forecast Period 2024 to 2031 CAGR: 2.9% 2031 Value Projection: US$ 5,492.6 Mn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, Rest of Middle East
  • Africa: South Africa, North Africa, Central Africa
Segments covered:
  • By Product Type: Medical Gloves, Tourniquet, Medical Shears, Compressed Gauze, Compression Bandage, Others
  • By Injury Type: Gunshot wounds, Stab Wounds, Deep cuts, Others
  • By End User: Hospitals, Clinics, Home Care Settings, Emergency Medical Centers, Others 
Companies covered:

Stryker, Aero Healthcare AU Pty Ltd, Safeguard, Tytek Group, Enerspect Medical Solutions, AED4Life, Acme United Corporation, Cardinal Health, North American Rescue, LLC., Rudolf Riester GmbH, Conney Safety, Penncare Inc., Combat Medical, TacMed Solutions, Medtrade Products Ltd, Zoro UK, Steroplast Healthcare Limited

Growth Drivers:
  • Growing awareness about bleeding control
  • Rise in adventure sports and outdoor recreation activities
Restraints & Challenges:
  • High costs associated with advanced bleeding control kits
  • Alternative conventional bleeding control methods

Uncover macros and micros vetted on 75+ parameters: Get instant access to report

Global Bleeding Control Kit Industry News

  • On March 25, 2024, New Jersey Office of Homeland Security and Preparedness, Government office, New Jersey, U.S., announced the distribution of bleeding control kits to thousands of houses of worship in New Jersey. The kits are designed to provide churches, mosques, synagogues, temples and other places of worship with medical items to treat victims of potential active shooters before first responders arrive at the scene. The state will provide roughly 7,100 bleeding control kits to 6,400 houses of worship within one year as part of the program’s first phase.
  • In November 2023, Cintas Corporation, the provider of American Heart Association (AHA) CPR and AED trainings, launched its Bleeding Control Training Program to help businesses quickly identify and respond to life-threatening bleeding. The Cintas Bleeding Control Training course covers scene safety, PPE usage, wound identification and hands-on tourniquet application and wound packing. Participants will get an overview of injuries that can cause extreme loss of blood and methods to control bleeding, understand how a tourniquet works and when to apply one.
  • In May 2023, the American College of Surgeons (ACSs) promoted STOP THE BLEED program to educate and empower the public to learn about simple bleeding control techniques that can save a life
  • In March 2020, Carle Foundation Hospital provided 80 bleeding control kits to Illini Emergency Medical Services (IEMS). Officials placed the kits in the public access Automated External Defibrillator (AED) cabinets around the University of Illinois (Urbana) campus following on-campus trainings. The bleeding control kits contain what bystanders would need – including gauze and a tourniquet to help save lives in the critical moments after an incident where people may die from uncontrolled bleeding.

*Definition: Bleeding control kits, also known as Stop the Bleed kits or trauma kits, are emergency response resources designed to provide individuals with the necessary tools to stop life-threatening bleeding in emergency situations. Such kits are created based on the basic principles of hemorrhage control to empower bystanders and first responders to take immediate action prior to the arrival of professional medical assistance. A standard bleeding control kit typically includes tourniquets, medical gloves, etc.

Market Segmentation

  • Product Type Insights (Revenue, US$ Mn, 2019 - 2031)
    • Medical Gloves
    • Tourniquet
    • Medical Shears
    • Compressed Gauze
    • Compression Bandage
    • Others
  •  Injury Type Insights (Revenue, US$ Mn, 2019 - 2031)
    • Gunshot wounds
    • Stab Wounds
    • Deep cuts
    • Others
  •  End User Insights (Revenue, US$ Mn, 2019 - 2031)
    • Hospitals
    • Clinics
    • Home Care Settings
    • Emergency Medical Centers
    • Others
  • Regional Insights (Revenue, US$ Mn, 2019 - 2031)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC Countries
      • Israel
      • Rest of Middle East
    • Africa
      • South Africa
      • North Africa
      • Central Africa
  • Key Players Insights
    • Stryker
    • Aero Healthcare AU Pty Ltd
    • Safeguard
    • Tytek Group
    • Enerspect Medical Solutions
    • AED4Life
    • Acme United Corporation
    • Cardinal Health
    • North American Rescue, LLC.
    • Rudolf Riester GmbH
    • Conney Safety
    • Penncare Inc.
    • Combat Medical 
    • TacMed Solutions
    • Medtrade Products Ltd 
    • Zoro UK
    • Steroplast Healthcare Limited

Share

About Author

Manisha Vibhute is a consultant with over 5 years of experience in market research and consulting. With a strong understanding of market dynamics, Manisha assists clients in developing effective market access strategies. She helps medical device companies navigate pricing, reimbursement, and regulatory pathways to ensure successful product launches.

Missing comfort of reading report in your local language? Find your preferred language :

Frequently Asked Questions

The global Global Bleeding Control Kit Market size is estimated to be valued at USD 4,480.7 million in 2024 and is expected to reach USD 5,492.6 million in 2031.

The CAGR of global bleeding control kit market is projected to be 2.9% from 2024 to 2031.

Growing awareness about bleeding control and rise in adventure sports and outdoor recreation activities are the major factor driving the growth of global bleeding control kit market.

High costs associated with advanced bleeding control kits and alternative conventional bleeding control methods are the major factor hampering the growth of global bleeding control kit market.

In terms of product type, medical gloves segment is estimated to dominate the market in over the forecast period.

Stryker, Aero Healthcare AU Pty Ltd, Safeguard, Tytek Group, Enerspect Medical Solutions, AED4Life, Acme United Corporation, Cardinal Health, North American Rescue, LLC., Rudolf Riester GmbH, Conney Safety, Penncare Inc., Combat Medical, TacMed Solutions, Medtrade Products Ltd, Zoro UK, Steroplast Healthcare Limited are the major players.

North America is expected to lead the global bleeding control kit market over the forecast period.
Logo

Credibility and Certifications

DUNS Registered

860519526

ESOMAR
Credibility and Certification

9001:2015

Credibility and Certification

27001:2022

Clutch
Credibility and Certification

Select a License Type





Logo

Credibility and Certifications

DUNS Registered

860519526

ESOMAR
Credibility and Certification

9001:2015

Credibility and Certification

27001:2022

Clutch
Credibility and Certification

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.