$398.2 Million Worldwide Surgical Tourniquets Industry to 2027 - Impact Analysis of COVID-19 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 22, 2021--
The “Surgical Tourniquets - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Surgical Tourniquets estimated at US$398.3 Million in the year 2020, is projected to reach a revised size of US$618.6 Million by 2027, growing at a CAGR of 6.5% over the period 2020-2027.
Tourniquet Cuffs, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$498.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Tourniquet Instrument segment is readjusted to a revised 5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $107.7 Million, While China is Forecast to Grow at 10% CAGR
The Surgical Tourniquets market in the U.S. is estimated at US$107.7 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$134.3 Million by the year 2027 trailing a CAGR of 10% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
Select Competitors (Total 42 Featured):
- C.A.T Resources
- Delfi Medical Innovation
- Hammarplast Medical
- Huaxin Medical Equipment Factory
- OHK Medical Devices
- Pyng Medical (Part of Teleflex)
- Sam Medical
- Stryker Corporation
- Ulrich Medical
- VBM Medizintechnik
- Zimmer Biomet
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/8n0emc
View source version on businesswire.com:https://www.businesswire.com/news/home/20210722005644/en/
Laura Wood, Senior Press Manager
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INDUSTRY KEYWORD: MEDICAL SUPPLIES MEDICAL DEVICES HEALTH INFECTIOUS DISEASES HOSPITALS SURGERY
SOURCE: Research and Markets
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PUB: 07/22/2021 09:25 AM/DISC: 07/22/2021 09:26 AM