Medical Pendant Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Medical Pendant Market by Product Type (Fixed, Fixed Retractable, Single Arm Movable, Double & Multiarm Movable), by Application (Surgery, Endoscopy, Anesthesia, Intensive Care Unit) and Geography

 

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Report

Description

Medical Pendant Market size was valued at USD 395.1 million in 2021 and is expected to reach USD 582.4 million by 2028, at a CAGR of 5.7% during the forecast period 2022-2028. Due to availability of technologically advanced devices, increasing need for low-risk and safe workspace for medical workforce Moreover, increasing demand for the medical support systems with advanced features, rising medical tourism, and increase in government initiatives for the development of medical care are the major factors that are driving the growth of the global medical pendant market over the forecast timeframe. The report studies global market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). The COVID-19 pandemic is likely to have a beneficial impact on the medical pendant business, which is expected to increase rapidly over the next few years. The World Health Organization (WHO) has issued new healthcare recommendations that emphasises the importance of strengthening healthcare systems and ensuring health security during the COVID-19 pandemic. This aspect is projected to fuel demand for improved hospital facilities, propelling market expansion.

Medical Pendant Market

MARKET SUMMARY
-
5.7%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.7%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North-America

Medical Pendant Market

  • The global medical pendant market report gives comprehensive outlook on use of medical pendant across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, and region.
  • Key stakeholders of the global medical pendant market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global medical pendant products.
Key Players

 

  • Elektra Hellas S.A
  • Starkstrom
  • Skytron LLC
  • Ondal Medical Systems GmbH
  • Brandon Medical Co. Ltd
Medical Pendant Market

DRIVERS AND RESTRAINTS

Availability of technologically advanced equipment is a key factor that drive the global medical pendant market. Medical pendants are helpful to position various medical equipment during the surgery by the health care professionals. Healthcare professionals are more interested towards pendants due to their advantages and they are showing more interest towards installing in the operation theatres, intensive care units and so on. Moreover, technological developments in the pendants such as button press enabled medical pendants also enhancing the global medical pendant market over the forecast period.


North-America Got Significant Share

Medical Pendant Market

North America accounted for larger revenue share in global medical pendant market with significant CAGR. Presence of key players, increasing geriatric population, increasing prevalence of chronic diseases and increase in interest towards the safety in healthcare services and technological advancements in the medical pendants coupled with launching of newer products are anticipated to propel the market in the region. Asia pacific medical pendant market projected to grow at significant rate owing to the presence of advanced instruments in multispecialty hospitals and the larger patient pool are expected to enhance the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global market expanding at significant CAGR over 2021 to 2028 owing to increase in the standards of living and rapid industrialization.
  • Based on product, fixed medical pendant accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period.
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global market.

Key

Features of the Report

Medical Pendant Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

  1. Executive Summary
  2. Global Medical Pendant Market Introduction
    • Global Medical Pendant Market – Taxonomy
    • Global Medical Pendant Market –Definitions
      • Product Type
      • Application
  1. Global Medical Pendant Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Medical Pendant Market Dynamic Factors – Impact Analysis
    • Global Medical Pendant Market – Competition Landscape
  2. Global Medical Pendant Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Medical Pendant Market, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Fixed
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Fixed Retractable
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Single Arm Movable
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Double Multi-arm Movable
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
  1. Global Medical Pendant Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025
    • Surgery
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Endoscopy
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Anesthesia
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Intensive Care Unit
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Medical Pendant Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Medical Pendant Market – Opportunity Analysis Index, By Product Type, Application, and Region, 2019 – 2025
  2. North America Medical Pendant Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fixed
      • Fixed Retractable
      • Single Arm Movable
      • Double Multi-arm Movable
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Surgery
      • Endoscopy
      • Anesthesia
      • Intensive Care Unit
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Medical Pendant Market – Opportunity Analysis Index, By Product Type, Application, and Country, 2019 – 2025
    • North America Medical Pendant Market Dynamics – Trends
  3. Europe Medical Pendant Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fixed
      • Fixed Retractable
      • Single Arm Movable
      • Double Multi-arm Movable
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Surgery
      • Endoscopy
      • Anesthesia
      • Intensive Care Unit
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Medical Pendant Market – Opportunity Analysis Index, By Product Type, Application, and Country, 2019 – 2025
    • Europe Medical Pendant Market Dynamics – Trends
  4. Asia-Pacific Medical Pendant Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fixed
      • Fixed Retractable
      • Single Arm Movable
      • Double Multi-arm Movable
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Surgery
      • Endoscopy
      • Anesthesia
      • Intensive Care Unit
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Medical Pendant Market – Opportunity Analysis Index, By Product Type, Application, and Country, 2019 – 2025
    • Asia-Pacific Medical Pendant Market Dynamics – Trends
  5. Latin America Medical Pendant Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fixed
      • Fixed Retractable
      • Single Arm Movable
      • Double Multi-arm Movable
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Surgery
      • Endoscopy
      • Anesthesia
      • Intensive Care Unit
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Medical Pendant Market – Opportunity Analysis Index, By Product Type, Application, and Country, 2019 – 2025
    • Latin America Medical Pendant Market Dynamics – Trends
  6. Middle East and Africa Medical Pendant Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fixed
      • Fixed Retractable
      • Single Arm Movable
      • Double Multi-arm Movable
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Surgery
      • Endoscopy
      • Anesthesia
      • Intensive Care Unit
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Medical Pendant Market – Opportunity Analysis Index, By Product Type, Application, and Country, 2019 – 2025
    • MEA Medical Pendant Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Ondal Medical Systems GmbH
      • Elektra Hellas S.A
      • Starkstrom
      • Brandon Medical Co. Ltd
      • Skytron LLC
      • MEDIMAXKOREA
      • BeaconMedæs
      • Megasan Medikal.
      • Tedisel Medical
      • Surgiris
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Ondal Medical Systems GmbH
  • Elektra Hellas S.A
  • Starkstrom
  • Brandon Medical Co. Ltd
  • Skytron LLC
  • MEDIMAXKOREA
  • BeaconMedæs
  • Megasan Medikal.
  • Tedisel Medical
  • Surgiris

Description

Medical Pendant Market size was valued at USD 395.1 million in 2021 and is expected to reach USD 582.4 million by 2028, at a CAGR of 5.7% during the forecast period 2022-2028. Due to availability of technologically advanced devices, increasing need for low-risk and safe workspace for medical workforce Moreover, increasing demand for the medical support systems with advanced features, rising medical tourism, and increase in government initiatives for the development of medical care are the major factors that are driving the growth of the global medical pendant market over the forecast timeframe. The report studies global market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). The COVID-19 pandemic is likely to have a beneficial impact on the medical pendant business, which is expected to increase rapidly over the next few years. The World Health Organization (WHO) has issued new healthcare recommendations that emphasises the importance of strengthening healthcare systems and ensuring health security during the COVID-19 pandemic. This aspect is projected to fuel demand for improved hospital facilities, propelling market expansion.

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