Product Code: 4616
The global medical pendant market is expected to grow at a significant rate through 2028 driven by growing demand for ICU on account of increasing occurrences of chronic diseases.
Recently, leading companies have been investing in product advancements as well as overseas acquisitions that would help them grow their business in foreign countries. To cite an instance, in July 2020, Atlas Copco Group, the Swedish manufacturer of generators, gas equipment, and industrial tools, finalized the acquisition of MEDGAS-Technik GmbH, the leading German manufacturer of medical-technical systems. Through this move, Atlas Copco intended to extend its footprint in Europe and accelerate its commercial development with the integration of MEDGAS' knowledge and product portfolio.
The medical pendant market has been bifurcated in terms of product, installation, application, end-use, and region. Based on product, the industry has been classified in terms of movable pendants and fixed pendants. The movable pendants sub-segment held the majority market share in 2021 with a valuation of approximately USD 338 million and is slated to achieve significant growth through the forecast period driven by high consumer preference and increasing adoption of moveable pendants.
With respect to installation, the medical pendant market has been divided into wall mounted pendants, ceiling mounted pendants, and others. The ceiling mounted pendants sub-segment held approximately 85% market share in 2021 and is subjected to progress at an exponential rate between 2022 and 2028 owing to the multiple clinical benefits provided by ceiling mounted pendants.
Based on application, the market has been categorized in terms of surgery, endoscopy, intensive care unit (ICU), anesthesia, and others. Due to the rising prevalence of chronic illnesses and escalating utility of ICU in critical disease management as well as therapeutics, the intensive care unit (ICU) sub-segment is anticipated to exceed USD 287 million valuation by 2028.
With regards to end-use, the medical pendant market has been bifurcated into hospital, ambulatory surgical centers, and others. The hospital sub-segment is set to expand significantly to reach more than USD 443 million in revenue by 2028 attributed to increased hospital admissions, higher healthcare spending, and rising adoption of these devices in hospitals.
From the regional standpoint, in 2021, the Middle East & Africa medical pendant market gained a valuation of around USD 18 million. The MEA market is set to witness substantial growth over 2022-2028 supported by mounting product adoption in various nations across the region.
Table of Contents
Chapter 1 Methodology
- 1.1 Market definition
- 1.2 Base estimates & working
- 1.3 Forecast parameters
- 1.4 Data validation
- 1.5 Data sources
- 1.5.1 Secondary
- 1.5.1.1 Paid sources
- 1.5.1.2 Unpaid sources
- 1.5.2 Primary
Chapter 2 Executive Summary
- 2.1 Medical pendant industry 360 degree synopsis, 2017 - 2028
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Installation trends
- 2.1.4 Application trends
- 2.1.5 End-use trends
- 2.1.6 Regional trends
Chapter 3 Medical Pendant Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry landscape, 2017 - 2028
- 3.3 Industry impact factors
- 3.3.1 Growth drivers
- 3.3.1.1 Rise in number of healthcare facilities
- 3.3.1.2 Rising healthcare expenditure
- 3.3.1.3 Increasing number of hospital admission & surgeries
- 3.3.1.4 Rising demand for clinical workflow efficiency
- 3.3.1.5 Technological advancements in medical pendants
- 3.3.2 Industry pitfalls & challenges
- 3.3.2.1 High cost of medical pendants
- 3.3.2.2 Lack of skilled healthcare workforce
- 3.4 Growth potential analysis
- 3.4.1 By product
- 3.4.2 By installation
- 3.4.3 By application
- 3.4.4 By end-use
- 3.5 COVID-19 impact analysis
- 3.6 Porter's analysis
- 3.7 Competitive landscape, 2021
- 3.7.1 Company matrix analysis, 2021
- 3.8 PESTEL analysis
Chapter 4 Medical Pendant Market, By Product
- 4.1 Key segment trends
- 4.2 Fixed pendants
- 4.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.3 Movable pendants
- 4.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.3.2 Single-arm movable pendants
- 4.3.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.3.3 Multi-arm movable pendants
- 4.3.3.1 Market size, by region, 2017 - 2028 (USD Million)
Chapter 5 Medical Pendant Market, By Installation
- 5.1 Key segment trends
- 5.2 Ceiling mounted pendants
- 5.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 5.3 Wall mounted pendants
- 5.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 5.4 Others
- 5.4.1 Market size, by region, 2017 - 2028 (USD Million)
Chapter 6 Medical Pendant Market, By Application
- 6.1 Key segment trends
- 6.2 Intensive care units (ICU)
- 6.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 6.3 Surgery
- 6.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 6.4 Anesthesia
- 6.4.1 Market size, by region, 2017 - 2028 (USD Million)
- 6.5 Endoscopy
- 6.5.1 Market size, by region, 2017 - 2028 (USD Million)
- 6.6 Others
- 6.6.1 Market size, by region, 2017 - 2028 (USD Million)
Chapter 7 Medical Pendant Market, By End-use
- 7.1 Key segment trends
- 7.2 Hospitals
- 7.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 7.3 Ambulatory surgical centers
- 7.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 7.4 Others
- 7.4.1 Market size, by region, 2017 - 2028 (USD Million)
Chapter 8 Medical Pendant Market, By Region
- 8.1 Key regional trends
- 8.2 North America
- 8.2.1 Market size, by country, 2017 - 2028 (USD Million)
- 8.2.2 Market size, by product, 2017 - 2028 (USD Million)
- 8.2.2.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.2.3 Market size, by installation, 2017 - 2028 (USD Million)
- 8.2.4 Market size, by application, 2017 - 2028 (USD Million)
- 8.2.5 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.2.6 U.S.
- 8.2.6.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.2.6.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.2.6.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.2.6.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.2.6.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.2.7 Canada
- 8.2.7.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.2.7.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.2.7.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.2.7.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.2.7.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.3 Europe
- 8.3.1 Market size, by country, 2017 - 2028 (USD Million)
- 8.3.2 Market size, by product, 2017 - 2028 (USD Million)
- 8.3.2.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.3.3 Market size, by installation, 2017 - 2028 (USD Million)
- 8.3.4 Market size, by application, 2017 - 2028 (USD Million)
- 8.3.5 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.3.6 Germany
- 8.3.6.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.3.6.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.3.6.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.3.6.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.3.6.3.1 Market size, by cancer, 2017 - 2028 (USD Million)
- 8.3.6.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.3.7 UK
- 8.3.7.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.3.7.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.3.7.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.3.7.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.3.7.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.3.8 France
- 8.3.8.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.3.8.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.3.8.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.3.8.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.3.8.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.3.9 Italy
- 8.3.9.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.3.9.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.3.9.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.3.9.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.3.9.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.3.10 Spain
- 8.3.10.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.3.10.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.3.10.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.3.10.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.3.10.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.4 Asia Pacific
- 8.4.1 Market size, by country, 2017 - 2028 (USD Million)
- 8.4.2 Market size, by product, 2017 - 2028 (USD Million)
- 8.4.2.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.4.3 Market size, by installation, 2017 - 2028 (USD Million)
- 8.4.4 Market size, by application, 2017 - 2028 (USD Million)
- 8.4.5 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.4.6 China
- 8.4.6.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.4.6.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.4.6.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.4.6.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.4.6.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.4.7 Japan
- 8.4.7.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.4.7.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.4.7.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.4.7.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.4.7.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.4.8 India
- 8.4.8.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.4.8.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.4.8.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.4.8.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.4.8.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.4.9 Australia
- 8.4.9.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.4.9.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.4.9.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.4.9.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.4.9.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.4.10 South Korea
- 8.4.10.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.4.10.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.4.10.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.4.10.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.4.10.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.5 Latin America
- 8.5.1 Market size, by country, 2017 - 2028 (USD Million)
- 8.5.2 Market size, by product, 2017 - 2028 (USD Million)
- 8.5.2.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.5.3 Market size, by installation, 2017 - 2028 (USD Million)
- 8.5.4 Market size, by application, 2017 - 2028 (USD Million)
- 8.5.5 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.5.6 Brazil
- 8.5.6.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.5.6.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.5.6.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.5.6.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.5.6.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.5.7 Mexico
- 8.5.7.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.5.7.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.5.7.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.5.7.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.5.7.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.5.8 Argentina
- 8.5.8.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.5.8.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.5.8.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.5.8.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.5.8.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.6 Middle East and Africa
- 8.6.1 Market size, by country, 2017 - 2028 (USD Million)
- 8.6.2 Market size, by product, 2017 - 2028 (USD Million)
- 8.6.2.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.6.3 Market size, by installation, 2017 - 2028 (USD Million)
- 8.6.4 Market size, by application, 2017 - 2028 (USD Million)
- 8.6.5 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.6.6 South Africa
- 8.6.6.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.6.6.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.6.6.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.6.6.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.6.6.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.6.7 Saudi Arabia
- 8.6.7.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.6.7.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.6.7.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.6.7.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.6.7.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 8.6.8 UAE
- 8.6.8.1 Market size, by product, 2017 - 2028 (USD Million)
- 8.6.8.1.1 Market size, by movable pendants, 2017 - 2028 (USD Million)
- 8.6.8.2 Market size, by installation, 2017 - 2028 (USD Million)
- 8.6.8.3 Market size, by application, 2017 - 2028 (USD Million)
- 8.6.8.4 Market size, by end-use, 2017 - 2028 (USD Million)
Chapter 9 Company Profiles
- 9.1 Competitive dashboard, 2021
- 9.2 Aeonmed
- 9.2.1 Business overview
- 9.2.2 Financial data
- 9.2.3 Product landscape
- 9.2.4 Strategic outlook
- 9.2.5 SWOT analysis
- 9.3 AmcareMed
- 9.3.1 Business overview
- 9.3.2 Financial data
- 9.3.3 Product landscape
- 9.3.4 Strategic outlook
- 9.3.5 SWOT analysis
- 9.4 Amico Corporation
- 9.4.1 Business overview
- 9.4.2 Financial data
- 9.4.3 Product landscape
- 9.4.4 Strategic outlook
- 9.4.5 SWOT analysis
- 9.5 BeaconMedaes (Atlas Copco)
- 9.5.1 Business overview
- 9.5.2 Financial data
- 9.5.3 Product landscape
- 9.5.4 Strategic outlook
- 9.5.5 SWOT analysis
- 9.6 Shenzhen Comen Medical
- 9.6.1 Business overview
- 9.6.2 Financial data
- 9.6.3 Product landscape
- 9.6.4 Strategic outlook
- 9.6.5 SWOT analysis
- 9.7 Drager
- 9.7.1 Business overview
- 9.7.2 Financial data
- 9.7.3 Product landscape
- 9.7.4 Strategic outlook
- 9.7.5 SWOT analysis
- 9.8 Emaled
- 9.8.1 Business overview
- 9.8.2 Financial data
- 9.8.3 Product landscape
- 9.8.4 Strategic outlook
- 9.8.5 SWOT analysis
- 9.9 Heal Force
- 9.9.1 Business overview
- 9.9.2 Financial data
- 9.9.3 Product landscape
- 9.9.4 Strategic outlook
- 9.9.5 SWOT analysis
- 9.10 HFMED
- 9.10.1 Business overview
- 9.10.2 Financial data
- 9.10.3 Product landscape
- 9.10.4 Strategic outlook
- 9.10.5 SWOT analysis
- 9.11 Novair Medical
- 9.11.1 Business overview
- 9.11.2 Financial data
- 9.11.3 Product landscape
- 9.11.4 Strategic outlook
- 9.11.5 SWOT analysis
- 9.12 MINDRAY Medical International Co., Ltd
- 9.12.1 Business overview
- 9.12.2 Financial data
- 9.12.3 Product landscape
- 9.12.4 Strategic outlook
- 9.12.5 SWOT analysis
- 9.13 Megasan Medikal
- 9.13.1 Business overview
- 9.13.2 Financial data
- 9.13.3 Product landscape
- 9.13.4 Strategic outlook
- 9.13.5 SWOT analysis
- 9.14 Pneumatik Berlin GmbH
- 9.14.1 Business overview
- 9.14.2 Financial data
- 9.14.3 Product landscape
- 9.14.4 Strategic outlook
- 9.14.5 SWOT analysis
- 9.15 Silbermann
- 9.15.1 Business overview
- 9.15.2 Financial data
- 9.15.3 Product landscape
- 9.15.4 Strategic outlook
- 9.15.5 SWOT analysis
- 9.16 Steris PLC
- 9.16.1 Business overview
- 9.16.2 Financial data
- 9.16.3 Product landscape
- 9.16.4 Strategic outlook
- 9.16.5 SWOT analysis
- 9.17 Surgiris
- 9.17.1 Business overview
- 9.17.2 Financial data
- 9.17.3 Product landscape
- 9.17.4 Strategic outlook
- 9.17.5 SWOT analysis
- 9.18 Trivitron Healthcare
- 9.18.1 Business overview
- 9.18.2 Financial data
- 9.18.3 Product landscape
- 9.18.4 Strategic outlook
- 9.18.5 SWOT analysis
- 9.19 Brandon Medical
- 9.19.1 Business overview
- 9.19.2 Financial data
- 9.19.3 Product landscape
- 9.19.4 Strategic outlook
- 9.19.5 SWOT analysis