Visiongain Publishes Medical Pendant Market Report 2020-2030
22 July 2020
Visiongain has launched a new report Medical Pendant Market Report 2020-2030: Forecasts by Product (Fixed, Fixed Retractable, Single Arm Movable, Double & Multi-arm Movable, and Accessories), by Application (Surgery, Endoscopy, Anaesthesia, Intensive Care Unit, and Others), by End Use (Hospitals, Clinics, & Others) and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). Including Forecasts by Major Developed Countries and Developing Countries, Plus Profiles of Leading Companies.
Medical pendants are systems that are designed to facilitate movement, support loads, supply medical equipment and provide a stable yet flexible platform for medical devices and accessories during medical procedures. It play a key role in maintaining efficient workflows, safety, infection prevention and also ensure a safe connection to data and power networks in hospitals and clinics.
Increasing number of healthcare specialists and rising number of hospitals and clinics worldwide is likely to fuel the demand for medical pendant systems. For instance, according to the American Hospital Association in 2018, there were around 6,146 community hospitals in U.S. Moreover, innovation and technological advancements enabling medical pendant systems to move as needed by the press of a button are encouraging the adoption of these systems. The rising demand for flexible, space saving, light-weight and systems with multiple features is compelling manufacturers to design and develop newer systems with advanced features. This is leading to countless product innovations and thus is anticipated to boost the demand for medical pendant.
The Visiongain report analyst commented “that the evolution of global medical pendant market is owing to the growing cognizance in the healthcare professional’s for requirement of safe and low risk work space for medical staff. Moreover, medical pendant systems are highly useful in operation theatres or in intensive care unit attributed to accurate and effective results in various application areas such as surgeries, anaesthesia and endoscopy.”
Major factor which limits the growth of the global medical pendant market is high cost of medical pendant system setup and unavailability of skilled nursing staff.
North America dominated the market in 2019 owing to high healthcare spending, technologically advanced medical pendants, and presence of superior healthcare amenities in the region. Asia Pacific is expected to witness the highest growth due to factors such as favourable government initiatives pertaining to the adoption of medical devices, and rising healthcare expenditure.
The report covers a detailed competitive outlook that includes market share and company profiles of key players operating in the global market. Key players profiled in the report include Elektra Hellas S.A, Starkstrom, Brrandon Medical Co. Ltd, Skytron LLC, Surgiris, BeaconMedaes, MEDIMAXKOREA, Tedisel Medical, Ondal Medical Systems GmbH, and Megasan Medikal.
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