The Latin America, Middle East and Africa Pneumatic Tourniquet Market would witness market growth of 8.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Pneumatic Tourniquet Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,425.5 Thousands by 2031. The Argentina market is showcasing a CAGR of 9.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.6% during (2024 - 2031).
The rise in training programs and educational initiatives for healthcare professionals has improved the understanding and effective use of pneumatic tourniquets. Training enhances the proficiency of medical staff in operating these devices, leading to greater adoption. Greater awareness among healthcare providers about the benefits of pneumatic tourniquets, such as improved surgical outcomes and patient safety, has contributed to their widespread use.
Moreover, the market is evolving rapidly, driven by technological advancements, changing healthcare needs, and shifting preferences within the medical community. There is a growing trend towards customizable tourniquets that can be adapted for specific surgical procedures and patient needs. Customization options include adjustable pressure settings and modular designs for different medical applications. The need for devices suitable for use in diverse environments, including remote areas and emergencies, fuels the rising demand for portable tourniquets.
The rise in Brazil’s elderly population has led to the expansion of specialized geriatric surgery centres nationwide. These centers require advanced tourniquets tailored to the needs of older patients, driving demand in Brazil. As per the data provided in 2022 by the Pan American Health Organization, more than 30 million individuals in Brazil were 60 years of age or elderly, accounting for 13 percent of the country’s total population. By 2030, this age group will comprise 24 percent of the Brazilian population or approximately 50 million individuals. Furthermore, Increased funding enables healthcare facilities to adopt cutting-edge tourniquets with the latest features and technologies, such as automated pressure control and real-time monitoring, which improves surgical precision and patient safety. A total of USD 15.8 billion (AED 58.931 billion) was approved for public expenditure in the UAE's 2022 federal budget, according to the International Trade Administration (ITA). Healthcare accounts for 8.4% of this amount. Thus, the growing elderly population and increased investment in the healthcare sector are fueling market expansion.
Free Valuable Insights: The Worldwide Pneumatic Tourniquet Market is Projected to reach USD 654.9 Million by 2031, at a CAGR of 6.9%
Based on Type, the market is segmented into Single Bladder Tourniquet, and Double Bladder Tourniquet. Based on Application, the market is segmented into Intravenous Regional Anesthesia, Orthopedic, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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