Global Medical Pendant Market Analysis
Medical pendants are systems that support a large number of instruments in places like intensive care units and operating rooms. These pendants are equipped with easily movable arms with enough range to allow the bed area to be repositioned to suit individual nursing techniques without risk of entanglement or obstruction. Companies are being compelled to create and develop new systems with advanced features in response to rising demand for systems with numerous functions, more space-saving, flexible, as well as light-weight systems. In October 2013, Ondal Medical System reported that across a short period of time, over 1,000 MediBoom ceiling pendant systems with electromagnetic brake systems had been marketed and installed in Europe. As a result, implementation of these devices by hospitals throughout the globe is projected to fuel medical pendant system growth over the forecast period.
The global medical pendants market was projected to be worth US$ 95.18 million in 2017 and is anticipated to grow at a CAGR of 6.7 percent between 2018 and 2026.
The global medical pendants market is projected to expand in the view of rising demand for medical pendants in ICUs and operating rooms.
Due to rising demand in ICUs and operating rooms to minimize the occurrence of healthcare-associated infections, medical pendants are projected to generate profitable possibilities in the market over the forecast period. As per the NCBI (National Center for Biotechnology Information), the prevalence of HAIs in emerging economies is twice that of European nations, and the occurrence of HAIs obtained in developing nations’ intensive care units is three times that of the United States. Several vendors provide system configurations to suit advanced demands of healthcare institutions by enabling surgeons and clinical personnel more freedom in placing the operating table and patient during surgical operations.
Many hospitals are concentrating their efforts on implementing new pendant systems in critical care and intensive treatment units. In 2016, Brandon Medical designed and provided a new foot-of-bed pendant system for St Mary’s Hospital, Paddington, to satisfy the needs for an integrated patient information system.
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Medical pendant systems are widely used in developed economies such as the U.S., Canada, the U.K., Germany, and Japan. Furthermore, rising rates of accidents from falls from beds and upper bunks, which result in serious injuries, are projected to drive the global medical pendants market in developed areas. As per the CDC (Centers for Disease Control and Prevention), one in every three senior adults aged 65 and older falls out of bed or upper bunks every year in the U.S., with 20% to 30% of them suffering significant injuries.
Due to the large number of competitors and improving healthcare infrastructure in this region, North America is projected to have the largest market share in the global medical pendants market. Furthermore, due to increased use of these devices by various institutions, the medical pendants market in Asia Pacific is projected to develop rapidly. Shanghai Amcaremed Technology Co., Ltd. assisted their customer with the installation of their ICU pendant system in 2016.
Major companies contributing in the global medical pendants market are Starkstrom Ltd., Elektra Hellas, STERIS plc., Ondal Medical Systems, Hipac Healthcare Pty Ltd, Surgiris, Shanghai Amcaremed Technology Co., Ltd., TLV Healthcare, Brandon Medical, and Narang Medical Ltd.
Main points in Medical Pendants Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Medical Pendants Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Medical Pendants Industry Impact
Chapter 2 Global Medical Pendants Competition by Types, Applications, and Top Regions and Countries
2.1 Global Medical Pendants (Volume and Value) by Type
2.3 Global Medical Pendants (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Medical Pendants Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Medical Pendants Market Analysis
Chapter 6 East Asia Medical Pendants Market Analysis
Chapter 7 Europe Medical Pendants Market Analysis
Chapter 8 South Asia Medical Pendants Market Analysis
Chapter 9 Southeast Asia Medical Pendants Market Analysis
Chapter 10 Middle East Medical Pendants Market Analysis
Chapter 11 Africa Medical Pendants Market Analysis
Chapter 12 Oceania Medical Pendants Market Analysis
Chapter 13 South America Medical Pendants Market Analysis
Chapter 14 Company Profiles and Key Figures in Medical Pendants Business
Chapter 15 Global Medical Pendants Market Forecast (2021-2027)
Chapter 16 Conclusions
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