PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402710
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402710
Medical Pendants Market, By Product Type (Fixed Pendants, Rotary Pendants, and Movable Pendants ), By Application, By End User (Hospitals, Ambulatory Surgical Centers, Specialty Centers, and Others ), By Geography
The global medical pendants market size is expected to reach US$ 880.1 Mn by 2030, from US$ 542.2 Mn in 2023, growing at a CAGR of 7.2% during the forecast period.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 542.2 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 7.20% | 2030 Value Projection: | US$ 880.1 Mn |
The global medical pendant market size is projected to grow at a considerable rate during the forecast period owing to the rising demand for medical care facilities across the world. Medical pendants are suspended from the ceiling in medical facilities such as hospitals and clinics and consist of medical gas outlets, electrical outlets, nurse call buttons, and other connectivity panels. They help provide quick access to critical medical equipment and infrastructure to caregivers. The growing geriatric population prone to chronic diseases and the increasing number of surgeries being performed annually are some of the key factors expected to drive the demand for medical pendants in the coming years. Moreover, advancements in medical technologies have enhanced the functionalities of modern medical pendants, further expanding their application in the healthcare industry.
Market Dynamics:
The global medical pendant market is witnessing positive growth owing to several factors such as the rising prevalence of chronic diseases, increasing number of surgeries, and growing healthcare expenditure worldwide. As per medical experts, the incidences of diabetes, cardiovascular diseases, and cancer are on the rise globally due to changing lifestyles and growing geriatric population. This has increased the demand for surgical procedures and enhanced healthcare facilities including medical pendants. Meanwhile, factors such as high costs associated with medical pendant systems and budgetary constraints in developing economies can hamper the market growth. However, ongoing advancements in medical technologies are expanding the functionalities of medical pendants. For instance, some new systems come integrated with tele-ICU features that enable remote monitoring of patients. Such product innovations are expected to offer lucrative opportunities for market players in the coming years.
Key Features of the Study:
- This report provides an in-depth analysis of the global medical pendants market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) over 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 global medical pendants 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 Hipac Healthcare Pty Ltd, Surgiris, Ondal Medical Systems, STERIS plc., Elektra Hellas, Starkstrom Ltd., Narang Medical Ltd., Brandon Medical, TLV Healthcare, Shanghai Amcaremed Technology Co., Ltd., Medimaxkorea, Tedisel Medical, Skytron LLC, Starkstrom, and BeaconMedaes
- 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 global medical pendants 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 global medical pendants market
Medical Pendants Market Detailed Segmentation:
- By Product Type:
- Fixed Pendants
- Rotary Pendants
- Single-Arm
- Double Multi-Arm
- Movable Pendants
- Single-Arm
- Double Multi-Arm
- By Application:
- Surgery
- Anesthesia
- Endoscopy
- ICU
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Centers
- Others (Academic and Research Institutes and Others)
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Top Companies in the Global Medical Pendants Market
- Hipac Healthcare Pty Ltd
- Surgiris
- Ondal Medical Systems
- STERIS plc.
- Elektra Hellas
- Starkstrom Ltd.
- Narang Medical Ltd.
- Brandon Medical
- TLV Healthcare
- Shanghai Amcaremed Technology Co., Ltd.
- Medimaxkorea
- Tedisel Medical
- Skytron LLC
- Starkstrom
- BeaconMedaes
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Medical Pendants Market, By Product Type
- Global Medical Pendants Market, By Application
- Global Medical Pendants Market, By End User
- Global Medical Pendants Market, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Medical Pendants Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Medical Pendants Market, By Product Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Fixed Pendants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Rotary Pendants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Single-Arm
- Double Multi-Arm
- Movable Pendants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Single-Arm
- Double Multi-Arm
6. Global Medical Pendants Market, By Application, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Anesthesia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Endoscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- ICU
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
7. Global Medical Pendants Market, By End User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Specialty Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others (Academic and Research Institutes and Others)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
8. Global Medical Pendants Market, By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country, 2019 - 2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030,(US$ Mn)
- South Africa
- North Africa
- Central Africa
9. Competitive Landscape
- Hipac Healthcare Pty Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Surgiris
- Ondal Medical Systems
- STERIS plc.
- Elektra Hellas
- Starkstrom Ltd.
- Narang Medical Ltd.
- Brandon Medical
- TLV Healthcare
- Shanghai Amcaremed Technology Co., Ltd.
- Medimaxkorea
- Tedisel Medical
- Skytron LLC
- Starkstrom
- BeaconMedaes
- Analyst Views
10. Section
- Research Methodology
- About us
