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Medical Pendant Market Size Worth USD 719.8 Million in 2032 | Emergen Research
Medical Pendant Market
Driving Factors
Medical pendants, designed to optimize healthcare spaces, have become indispensable in hospitals, clinics, nursing homes, and assisted living institutions. These innovative devices elevate equipment above the floor, enhancing accessibility and improving overall job productivity for medical personnel. Additionally, they contribute to patient mobility and safety by enabling easy access to medical equipment and emergency assistance.
The market is further bolstered by global initiatives aimed at infrastructure development in healthcare, coupled with increasing investments in clinical trials and R&D activities. Technological advancements have transformed user experiences, with press-enabled medical pendants offering enhanced functionalities and adaptability to meet specific healthcare requirements.
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Market Restraints
Despite the promising growth prospects, the market faces challenges such as lengthy approval processes, high implementation costs, and regulatory standards. The shortage of trained professionals also poses a constraint on market growth.
Segment Insights
Product Segmentation: The market is segmented into fixed, fixed retractable, single arm movable, double & multi-arm movable, and accessories. The fixed segment dominates the market, owing to its widespread adoption in surgeries, endoscopy, anesthesia, and Intensive Care Units (ICUs).
Application Segmentation: Applications include surgery, endoscopy, anesthesia, Intensive Care Units (ICU), and others. The surgery segment leads the market due to the increasing number of surgical procedures performed globally.
End-Use Segmentation: End-use segments comprise hospitals, clinics, and others. Hospitals dominate the market revenue, driven by the growing demand for effective treatment and the adoption of automated equipment in diagnostics and treatment procedures. Clinics are expected to witness the fastest growth rate, fueled by the increasing outpatient healthcare facilities.
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Future Outlook
The global medical pendant market is poised for continued growth, driven by technological advancements, increasing healthcare infrastructure development, and the rising demand for efficient patient care delivery systems. As the healthcare industry continues to evolve, medical pendants are expected to play a pivotal role in optimizing space, enhancing patient safety, and improving overall healthcare outcomes.
Medical Pendant Top Companies and Competitive Landscape
The global medical pendant market is fairly fragmented with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective medical pendant products.
Some major players included in the global medical pendant market report are:
• Megasan Medikal
• Ondal Medical Systems GmbH
• Tedisel Medical
• MEDIMAX KOREA
• Elektra Hellas S.A
• BeaconMedaes
• Surgiris
• Skytron LLC
• Brandon Medical Co. Ltd
• Starkstrom
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Medical Pendant Latest Industry News
• On 29 June, 2021, Medical Guardian revealed its partnership with BLACK+DECKER to endorse the latest goViaTM series of Personal Emergency Response Systems (PERS). This collection aims to foster secure and confident mobility among active older Americans.
• In 2020, Ondal Medical Systems GmbH launched its Ondal PantoSwing medical pendant system, which is designed to provide maximum flexibility and ease of use in the operating room. The system features an innovative design that allows for easy and precise positioning of medical equipment.
Medical Pendant Market Segment Analysis
For the purpose of this report, Emergen Research has segmented the global medical pendant market on the basis of product, application, capacity, end-use, and region:
• Product Outlook (Revenue, USD Million; 2019-2032)
o Fixed
o Fixed retractable
o Single arm movable
o Double & multi-arm movable
o Accessories
• Application Outlook (Revenue, USD Million; 2019-2032)
o Surgery
o Endoscopy
o Anesthesia
o Intensive Care Unit (ICU)
o Others
• Capacity Outlook (Revenue, USD Million; 2019-2032)
o Low duty
o Medium duty
o Heavy duty
• End-Use Outlook (Revenue, USD Million; 2019-2032)
o Hospitals
o Clinics
o Others
• Regional Outlook (Revenue, USD Million; 2019-2032)
o North America
1. U.S.
2. Canada
o Europe
1. Germany
2. France
3. UK
4. Italy
5. Spain
6. Benelux
7. Russia
8. Rest of Europe
o Asia Pacific
1. China
2. Japan
3. South Korea
4. India
5. ASEAN Countries
6. Oceania
7. Rest of APAC
o Latin America
1. Brazil
2. Mexico
3. Rest of LATAM
o Middle East & Africa
1. GCC Countries
2. Israel
3. Turkey
4. South Africa
5. Rest of Middle East & Africa
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