The global medical pendant market is projected to reach USD 582.6 million by 2028, growing at a CAGR of 6.9%. Increasing number of hospital admissions, rising healthcare facilities across the globe and growing awareness among healthcare professionals are various factors driving the growth of the global medical pendant market.
Adroit Market Research report on global medical pendant market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global medical pendant market have been studied in detail.
Medical pendant delivers safe, vigorous and ergonomic medical workstation for convenient positioning of medical equipment, medical gases and electrical and data connections in the operating room. All supply lines are collected on one interface plate located on the ceiling.
The global medical pendant market is categorized based on application and product. On the basis of application, the market is segmented into surgery, endoscopy, anesthesia and Intensive Care Unit (ICU). The surgery segment dominated the market in 2019, while the ICU segment is expected to grow at a fastest CAGR of the medical pendant market by 2028.
North America dominated the market for medical pendant in 2019, while Asia Pacific is set to grow at a highest CAGR due to growing demand for medical pendant systems. Key players of the global medical pendant market include Elektra Hellas S.A, Brandon Medical Co. Ltd, Starkstrom, Skytron LLC, BeaconMedaes, Surgiris, MEDIMAXKOREA, Ondal Medical Systems GmbH, Tedisel Medical, Megasan Medikal among others.
Key segments of the global medical pendant market
Application Overview, 2018-2028 (USD Million)
- Intensive Care Unit (ICU)
Product Overview, 2018-2028 (USD Million)
- Fixed Retractable
- Single Arm Movable
- Double and Multi-arm Movable
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Asia Pacific
- South America
- Middle East & Africa