U.K. Medical Pendants Market, By Product Type (Fixed Pendantss, Rotary Pendants, Movable Pendantss), By Application (Surgery, Anesthesia, Endoscopy, Intensive Care Unit (ICU))

The U.K. Medical Pendants Market is estimated to be valued at US$ 20.1 Million in 2023 and is expected to exhibit a CAGR of 5.4% during the forecast period (2023-2030).

A medical pendant is designed to release the working space of the ward, keep the equipment clean and away from the ground, so that the medical staff can operate various equipment more conveniently, and help improve the overall work efficiency. Medical pendants used for assisting in the optimization of nearly 1,000 medical spaces, and are widely used in Intensive care unit (ICUs), Electronic Intensive Care Unit (EICUs), Neonatal intensive care unit (NICUs), operating room, etc. Medical pendants and infrastructure play a key role in maintaining efficient workflows, safety, and infection preventionn in operation room. The medical and operating theatre pendants are designed to provide flexible and ergonomic solutions for workplaces across hospitals. A medical pendant is an indispensable gas supply medical device in the modern operating room of the hospital. It is mainly used for the terminal transfer of oxygen, suction, compressed air, nitrogen, and other medical gases in the operating room.

Market Dynamics

Market players are focusing on product launches to strengthen their position in the market. For instance, in December 2020, Skytron, LLC, a company manufactures medical equipment. launched Freedom Boom, a medical pendant system with improved qualities, such as no brakes or buttons, to push towards pendant arms Skytron, LLC has active assist technology, and provide limited space options and advance operation rooms with the ability to change components without removing the entire medical pendant structure. Freedom Boom also offers extra utility outlets for electric, gases.

Moreover, key companies are focusing on inorganic strategies, such as mergers and collaborations, to strengthen their position in the market. For instance, in November 2020, STERIS, is an medical equipment company announced that it completed the previously announced acquisition of Key Surgical, a portfolio company of Water Street Healthcare Partners, LLC, an investment company. The company also stated that the acquisition strengthened and expanded STERIS's product offerings, globally.

Key features of the study:

• This report provides an in-depth analysis of the U.K. medical pendant market and provides market size (US$ Million) and Compound Annual Growth rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year. It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the U.K. medical pendant market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• The key companies covered as a part of this study include Steris, Dragerwerk AG & Co. KGaA, BeaconMedaes, Brandon Medical, Starkstrom, Pneumatech MGS, Modular Services Company, Skytron, LLC, Trumpf Medical, and S.I.M.E.O.N. Medical GmbH & Co. KG
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The U.K. medical pendant market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts. Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.K. medical pendant market.

U.K. Medical Pendant Market Detailed Segmentation:

• By Product Type:
  • Fixed Pendant
  • Rotary Pendant
  • Movable Pendant
• By Application:
  • Surgery
  • Anesthesia
  • Endoscopy
  • Intensive Care Unit (ICU)
• Company Profiles
  • BeaconMedaes
  • Dragerwerk AG & Co. KGaA
  • Steris
  • Brandon Medical
  • Starkstrom
  • PneumatechMGS
  • Modular Services Company
  • Skytron, LLC
  • Trumpf Medical
  • S.I.M.E.O.N. Medical GmbH & Co. KG