PUBLISHER: The Business Research Company | PRODUCT CODE: 1751047
PUBLISHER: The Business Research Company | PRODUCT CODE: 1751047
A medical pendant is a ceiling-mounted device used in healthcare settings such as hospitals to efficiently manage medical gases, electrical outlets, and equipment, especially in critical care areas such as operating rooms, intensive care units (ICUs), and emergency rooms. It offers a space-saving solution by suspending essential utilities, which helps streamline workflows, provides easy access to life-support systems, and improves infection control.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main types of medical pendants include fixed pendants, single-arm movable pendants, double- and multi-arm movable pendants, and accessories. A fixed pendant is a stationary unit securely mounted in a specific location within healthcare environments, offering essential services such as medical gas supply, electrical outlets, and data connectivity. These devices employ technologies such as manual, motorized, or pneumatic systems and can be installed in ceilings, walls, and other structures. Medical pendants are commonly used in surgeries, endoscopies, anesthesia, and intensive care units (ICUs) by hospitals, clinics, and other healthcare facilities.
The medical pendant market research report is one of a series of new reports from The Business Research Company that provides medical pendant market statistics, including medical pendant industry global market size, regional shares, competitors with a medical pendant market share, detailed medical pendant market segments, market trends and opportunities, and any further data you may need to thrive in the medical pendant industry. This medical pendant market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The medical pendant market size has grown strongly in recent years. It will grow from$0.62 billion in 2024 to $0.67 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to increasing demand for ergonomic solutions, a growing geriatric population, a rise in chronic diseases, increasing healthcare expenditure, and growing demands of critical care environments.
The medical pendant market size is expected to see strong growth in the next few years. It will grow to$0.96 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth during the forecast period can be attributed to a greater focus on personalized development, an increase in surgical procedures, the rising number of healthcare facilities, growing awareness of personal health, and a growing workforce of healthcare professionals. Key trends in the forecast period include the integration of advanced technologies, strategic partnerships, the incorporation of telemedicine, the automation of healthcare systems, and the development of user-friendly medical pendant solutions.
The rise in surgical procedures is anticipated to significantly propel the growth of the medical pendant market in the forecast period. Surgical procedures involve medical operations that include incisions or manipulations to treat conditions such as injuries, diseases, or chronic disorders. The increasing prevalence of chronic diseases such as cardiovascular disorders and cancer is contributing to the rise in surgical procedures, driven by an aging population, lifestyle changes, and advancements in medical technology that improve surgical success rates and accessibility. Medical pendants are critical in these surgical settings to efficiently manage and organize essential equipment, gases, and electrical connections, which ensure a sterile, safe, and clutter-free operating environment. This enhances surgical precision, reduces procedure time, and minimizes equipment-related hazards. For instance, a report from the Australian Institute of Health and Welfare in November 2024 showed that 771,600 patients were admitted for surgery during the 2023-24 period, marking a 4.9% increase compared to the previous year. This growth in surgical admissions further drives the demand for medical pendants.
Leading companies in the medical pendant market are focusing on strategic collaborations to leverage complementary strengths, reduce risks, accelerate innovation, and expand their market reach. For example, in July 2022, Arthrex, a US-based provider of minimally invasive orthopedic products, entered into a partnership with Skytron, a manufacturer of medical pendants. The goal was to offer comprehensive room solutions that address the evolving needs of surgical care facilities. This collaboration enabled the companies to deliver cutting-edge technology and fully integrated operating room infrastructure in a single package, enhancing surgical efficiency and patient outcomes. By combining their resources, the two companies have been able to create industry-leading solutions tailored to meet the specific needs of hospitals and surgical centers.
In October 2024, Reinsberg Group, a Czech Republic-based private equity firm, acquired Brandon Medical, a UK-based manufacturer of medical and critical care pendants. This acquisition aims to strengthen Reinsberg Group's market presence in the UK and expand its hospital product segment. By leveraging Brandon Medical's innovation and expertise, the acquisition allows Reinsberg Group to gain economies of scale in the global medical industry, further solidifying its position in the medical pendant market.
Major players in the medical pendant market are Stryker Corporation, Philips Healthcare, Shanghai Zhenghua Medical Equipment Co. Ltd, Shinva Medical Instrument Co. Ltd, Heal Force Bio-Meditech Holdings Limited, Dragerwerk AG & Co. KGaA, BeaconMedaes LLC, Saikang Medical Equipment Co Ltd., Merivaara Corp., WEYUAN Medical, AMCAREMED TECHNOLOGY CO. LIMITED, Beijing Aeonmed Co. Ltd., Emaled GmbH, Freedom Medical Alarms, Millennium Medical Products Ltd., NOVAIR MEDICAL Corp, Surgiris, FEPDON MEDICAL TECHNOLOGY CO. LTD., Shandong Chenhong Medical Technology Co. Ltd., and GCE Holding AB.
North America was the largest region in the medical pendant market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in medical pendant report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the medical pendant market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The medical pendant market consists of sales of medical gas pendants, surgical pendants, integrated medical pendants, and anesthesia pendants. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Medical Pendant Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on medical pendant market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for medical pendant ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The medical pendant market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.