The Global Bleeding Control Kit Market is witnessing significant growth owing to the growing incidences of trauma injuries, accidents and medical emergencies. Bleeding control kit also known as first aid kit, trauma pack or wound care kit contains essential medical equipment’s required to control bleeding, prevent infection and treat minor injuries. It comprises of sterile dressings, bandages, gauzes, tapes and tourniquet that can potentially save lives in case of accidents by applying immediate pressure and controlling blood flow at trauma sites until medical help arrives. Bleeding control kit helps in stopping blood loss and provides an opportunity to transport critically injured patient to medical facility safely for further treatment.
The Global Bleeding Control Kit Market is estimated to be valued at US$ 5,492.6 Mn in 2024 and is expected to exhibit a CAGR of 2.9% over the forecast period from 2024 to 2031.
The demand for Global bleeding control kit Market Share is increasing at a significant rate owing to rise in emergency medical services, military operations, sports injuries and industrial accidents across the globe. Growing trauma care infrastructure and government support for improving pre-hospital emergency care is further fueling the market growth.
Key Takeaways
Key players operating in the Global Bleeding Control Kit Market are 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.
Major players are expanding their global footprint to leverage growth opportunities in emerging economies of Asia Pacific, Latin America, Middle East and Africa. Partnership with hospitals, ambulance services and military organizations is a key strategy adopted by leading companies to strengthen their market position.
Market drivers
The Global Bleeding Control Kit Market is majorly driven by rising road accidents, trauma injuries and medical emergencies worldwide. As per WHO, road traffic injuries cause around 1.35 million deaths annually. Increased risk of physical injuries in sports, growing elderly population suffering from chronic wounds and rise in surgical procedures are some other factors contributing to market growth. Favorable government support through funding and awareness programs for upgrading emergency medical infrastructure and protocols is positively impacting the Bleeding Control Kit Market. Growing popularity of tactical combat casualty care and law enforcement agencies adopting tactical first-aid is further fuelling the demand for bleeding control kits globally.
The global bleeding control kit market is anticipated to witness healthy growth in the coming years. However, the geopolitical tensions among major countries may pose challenges. Rising security issues and conflicts across regions like Asia Pacific, Middle East, and Africa are causing casualties, thereby driving demand for bleeding control kits. Furthermore, changing trade policies and sanctions can affect overseas supply chains and availability of wound care products in certain markets.
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