In the video you can see its the front R/H tyre that explodes. Prior to the blow out it does not appear to be under inflated. Would TPMS help? Perhaps it might register a higher temperature but it could be just one of those things.
The problem is that the driver lost control.
If the (steering) wheel has a sudden and forceful movement you need to take control quickly. The driver might have had only one hand on the wheel or worse still could have been using one of those knobs that should only be used on forklift trucks.
Regardless of using tyre pressure monitors or not you need to know how to control your vehicle if you have a blow out... Take ten minutes to watch this video