Stratview Research has recently published a report on the Medical Pendant Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The market is segmented by Product Type (Fixed Pendant, Movable Pendant (Single-arm Movable Pendant, Multi-arm Movable Pendant)), by Installation Type (Ceiling Mounted Pendant, Wall Mounted Pendant, and Others), by Application Type (Intensive Care Unit (ICU), General Surgery/Operating Theatres, Anesthesia, Endoscopy, and Others), by End-User Type (Hospitals, Ambulatory Surgical Centers, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Medical Pendant Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Medical Pendant Market is expected to grow from USD 504.59 million in 2021 to USD 760.12 million by 2028 at a healthy CAGR of 5.94% during the forecast period.

What is medical pendant?

Medical pendant is used by healthcare professionals to maintain an effectual workflow by positioning medical devices and various necessary objects while performing surgeries or the procedures.

Some of the companies drive the market growth:

• Elektra Hellas S.A.

• Starkstrom

• Brandon Medical Co., Ltd.

• Skytron LLC

• Ondal Medical Systems GmbH

• Surgiris

• Beaconmedaes

• Medimaxkorea

• Tedisel Medical

• Megasan Medikal

• Steris plc

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Segments Analysis

By Installation Type

The market is segmented as ceiling mounted pendant, wall mounted pendant, and others. The ceiling mounted pendant segment dominates the market, as ceiling mounted pendants are best suited for providing medical gases and electrical components to intensive care units, operation theaters and general hospital wards. The ceiling mounted pendant installation allows addition and removal of gas and electrical components as per the requirement for hospitals.

Regional Analysis

North America is estimated to be the largest market during the forecast period, with the USA, Canada, and Mexico being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the increasing number of hospitals and improving healthcare infrastructures in the region. Evolving hospitals on the basis of infrastructure and equipment are likely to create further demand for medical pendants in the region’s market.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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