U.K. MEDICAL PENDANTS MARKET ANALYSIS

U.K. Medical Pendants MarketSize and Trends

The U.K. Medical Pendants Market is estimated to be valued at US$ 20.1 Million in 2023 and is expected to exhibit a CAGR of 5.4% during the forecast period (2023-2030).

Medical Pendants are a crucial part of the healthcare infrastructure, especially in hospitals, clinics, and other medical facilities. They are typically used in operating rooms, intensive care units, and patient rooms to carry medical gases, electrical services, and data communication services. U.K. Medical Pendants market is expected to grow significantly due to the increasing demand for technologically advanced medical equipment and the growing need for low-risk and safe workspaces for medical professionals.

Figure 1. U.K. Medical Pendant Market Share (%), By Product Type, 2023

U.K. Medical Pendant Market - Drivers

• The rising number of cases of infectious diseases: The rising number of cases of infectious diseases, such as pneumonia, cholera, toxic shock syndrome, salmonellosis, COVID-19, and others, is expected to drive the growth of the U.K. Medical Pendants market over the forecast period. For instance, on march 1, 2021, an article published by the Swansea University Medical School, Swansea, U.K., stated that the total number of surgical procedures carried out in England and Wales in 2020 was 3,102,674 compared to the predicted number of 4,671,338. This represents a 33.6% reduction in the national volume of surgical activity. There were 763,730 emergency surgical procedures (13.4% reduction), compared to 2,338,944 elective surgical procedures (38.6% reduction). The cumulative number of cancelled or postponed procedures was 1,568,664.

Figure 2. U.K. Medical Pendant Market Value (US $ Mn), 2018-2030

U.K. Medical Pendant Market Segmentation:

The U.K. Medical Pendants market report is segmented into product type and application.

• By product type, the market is segmented into fixed Pendantss, rotary Pendantss, and movable Pendantss. Out of which, the fixed Pendantss segment is expected to hold a dominant position in the U.K. Medical Pendants market during the forecast period, and this is attributed to increasing number of surgeries.
• By application, the market is segmented into surgery, anesthesia, endoscopy, and intensive care unit (ICU). Out of which, the automated diagnostics segment is expected to dominate the market over the forecast period, and this is attributed to increasing funding opportunities for developing operating rooms.
• Among application segments, the surgery segment is expected to dominate the market over the forecast period as Medical Pendants are the equipment used in operation theaters and have a great practical utility. These Pendants are designed to rotate flexibly and enable efficient workflows for the medical staff. Some Pendants are combined with monitoring support and surgical illumination systems, creating a solution to provide all facilities required in the modern minimally invasive suites, as Medical Pendants can be positioned flexibly for optimal utilization of the space available in operating rooms and intensive care units.

U.K. Medical Pendant Market - Cross Sectional Analysis: