SURGICAL TOURNIQUETS MARKET ANALYSIS

Regional Analysis

Surgical Tourniquets Market Regional Analysis:-

Surgical tourniquets market in Asia Pacific region is projected to witness significant growth over the forecast period, owing to increasing number of geriatric population, as geriatric population is prone to limb amputation, arteriosclerotic vascular disease, and cardiovascular diseases. Commonly used tourniquet for geriatric population are arterial tourniquet. According to a study conducted by Global Burden of Diseases, in 2014, India has more than 32 million heart patients and more than 0.25 million patients are being operated annually. Furthermore, North America region is expected to grow at steady rate due to mergers and acquisitions. For instance, Bound Tree Medical collaborated with SAM Medical as distributors of their latest devise SAM XT Extremity Tourniquet. Another factor that can boost the surgical tourniquet market is use of tourniquets in military. According to a report by North America Rescue, in 2015, The Combat Application Tourniquet is mostly being used by British and the U.S military, it is effective, small and portable, which can be easily used by militants. It is also used by National Health Service (NHS) Ambulance. According to International Labor Organization (ILO), in 2014, around 3739 cases of fatal industrial accidents were reported in EU, which in turn is fueling growth of the surgical tourniquet market in Europe.