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