Global Medical Services Pendants Market Growth 2024-2030

Global Medical Services Pendants Market Growth 2024-2030

Medical service pendants are designed to offer support for other equipment throughout the surgical procedures in operating room or in facilitating operations in the intensive care units (ICU).

The global Medical Services Pendants market size is projected to grow from US$ 494.8 million in 2023 to US$ 776 million in 2030; it is expected to grow at a CAGR of 6.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Medical Services Pendants Industry Forecast” looks at past sales and reviews total world Medical Services Pendants sales in 2023, providing a comprehensive analysis by region and market sector of projected Medical Services Pendants sales for 2024 through 2030. With Medical Services Pendants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Services Pendants industry.

This Insight Report provides a comprehensive analysis of the global Medical Services Pendants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Services Pendants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Services Pendants market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Services Pendants and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Services Pendants.

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment. Increase in healthcare and medical professionals along with the number of hospitals, clinics, and other medical facilities along with rising consumer demand for medical pendants are some of the significant factors driving the global medical pendants market. Moreover, the medical pendant market is expected to witness strong demand in the coming years owing to the increasing integration of new technologies and the release of these cutting-edge products. The global medical pendant market is expected to grow over the next few years owing to increasing usage of products in surgery, endoscopy, gynecology, obstetrics, anesthesia, and other medical specialty areas. The market for these systems is expected to develop due to rapid improvements and innovations in medical pendant technology during the forecast period. For example, advances in technology have enabled push-button medical pendants to facilitate the user's arm movements. Commercially available medical pendants come in a variety of multifaceted designs and extremely versatile combinations, primarily designed to meet certain healthcare needs. Government efforts to strengthen healthcare infrastructure are also an important trend in the medical pendants market. The underlying demand for inpatient ward care facilities has increased owing to the demand for specialized healthcare services in developing economies. Demand for better room care services is strongly driven by trends in payment for many procedures in daycare and patient settings. Moreover, healthcare experts claim that a major trend driving the revenue growth potential of the medical pendants market is the recent rise in the geriatric population.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Services Pendants market by product type, application, key manufacturers and key regions and countries.

Segmentation by type


Single Arm Pendant System

Multi Arm Pendant System
Segmentation by application


Operating Room

ICU

Others
This report also splits the market by region:


Americas
United States
Canada
Mexico
Brazil

APAC
China
Japan
Korea
Southeast Asia
India
Australia

Europe
Germany
France
UK
Italy
Russia

Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.


KARL STORZ

Drager

Pneumatik Berlin

Tedisel Medical

Starkstrom

TLV Healthcare

Novair Medical

Brandon Medical

KLS Martin

MZ Liberec

AMCAREMED TECHNOLOGY

Surgiris

Trumpf

Maquet

INMED-Karczewscy

Johnson Medical

Heal Force

Comen

Shanghai Fepton Medical Equipment

Ningbo Flow Medical Technology

Shanghai Zhenghua Medical Equipment

Shanghai Huifeng Medical Instrument
Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Services Pendants market?

What factors are driving Medical Services Pendants market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Services Pendants market opportunities vary by end market size?

How does Medical Services Pendants break out type, application?


Please note: The report will take approximately 2 business days to prepare and deliver.