Regional Analysis
Global Medical Pendants Market Regional Insights
- North America is expected to be the largest market for medical pendants during the forecast period, which accounted for over 39.8% of the market share in 2023. The growth of the market in North America is attributed to the large spending on research and development activities by both private companies and academic institutions.
- Europe is expected to be the second-largest market for medical pendants, which accounted for over 29.8% of the market share in 2023. The growth of the market in Europe is attributed to the rising healthcare expenditure and the presence of key players in the region.
- Asia Pacific is expected to be the fastest-growing market for medical pendants, which is expected to grow at a CAGR of over 8.9% during the forecast period. The growth of the market in Asia Pacific is attributed to the growing advancements in medical pendants, thus making it affordable to domestic customers.
Figure 1. Global Medical Pendants Market Share (%), by Region, 2023
| Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
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U.S.: 
U.K. : 
India : 
