- Fixed
- Fixed Retractable
- Single Arm Movable
- Double Multi-arm Movable
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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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.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.