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Medical Pendant Market Size, Share & Trends Analysis Report By Product (Fixed, Fixed Retractable, Single Arm Movable, Double & Multiarm Movable, Accessories), By Application (Hospitals, Clinics), And Segment Forecasts, 2018 - 2025

Medical Pendant Market Size, Share & Trends Analysis Report By Product (Fixed, Fixed Retractable, Single Arm Movable, Double & Multiarm Movable, Accessories), By Application (Hospitals, Clinics), And Segment Forecasts, 2018 - 2025

The global medical pendant market size is anticipated to reach USD 159.01 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.9% during the forecast period. Availability of technologically advanced devices and favorable government initiatives are some of the key trends contributing to market growth.

Medical pendants are used by healthcare professionals for positioning various medical devices and other necessary objects while performing procedures or surgeries. Globally, healthcare professionals are acknowledging their benefits and increasing adopting them in surgery, endoscopy, anesthesia, ICU procedures, and other healthcare specialties such as obstetrics and gynecology.

Technological developments, such as button-press enabled medical pendants, facilitate system’s arm movement as required. Devices with various ultraflexible configurations & multifaceted designs are commercially available and focused on fulfilling requirements of healthcare specialties. They are gaining traction worldwide. This is estimated to propel the market.

Presence of favorable government initiatives, such as the initiative by the Indian government pertaining to indigenous manufacture of medical equipment, is anticipated to provide an upthrust to the market. The government of Jordan expanded its e-health initiative system to public hospitals and beyond. This, coupled with rising medical tourism, is likely to boost the demand for these devices in the country during the forecast period. The International Trade Administration stated that medical tourism generates more than USD 1.2 billion revenue annually in Jordan. In 2014, around 250,000 patients traveled to Jordan for treatment and this number is expected to reach 300,000 by 2018.

Further key findings from the study suggest:

  • The fixed segment represented a considerable share in the market in 2016 owing to higher usage of these devices in various healthcare specialties such as surgeries, anesthesia, endoscopy, and Intensive Care Unit (ICU) procedures
  • The ICU segment is projected to dominate the market over the forecast period. Increasing global burden of critical illness coupled with rising number of patient admissions into ICUs is resulting in growth in the number of intensive care units, thereby supplementing the growth of the segment
  • North America is poised to be the leading revenue comtributor in the market during the forecast period due to local presence of key players and growing geriatric population, coupled with increasing prevalence of chronic diseases
  • Some of the major players are Elektra Hellas S.A., Starkstrom, Brandon Medical Co. Ltd., Skytron LLC, Ondal Medical Systems GmbH, Surgiris, BeaconMedæs, MEDIMAXKOREA, Tedisel Medical, and Megasan Medikal.


Chapter 1 Executive Summary
1.1 Market Snapshot
Chapter 2 Research Methodology
2.1 Information Procurement
2.2 Information or Data Analysis
2.3 Market Formulation & Validation
2.4 Region-wise Market Calculation
2.4.1 Region-wise market: Base estimates
2.4.2 Global market: CAGR calculation
2.4.3 Region-based segment share calculation
2.5 List of Secondary Sources
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.1.1 Market driver analysis
3.1.1.1 Growing demand for medical pendants
3.1.1.2 A surge in the number of healthcare professionals, clinics, hospitals, and other healthcare centers
3.1.1.3 Technological developments in the medical pendants
3.1.1.4 Presence of favorable government initiatives
3.1.2 Market restraint analysis
3.1.2.1 High cost of medical pendant systems
3.2 Penetration & Growth Prospect Mapping
3.3 Medical Pendant - SWOT Analysis, by Factor (Political & Legal, Economic, and Technological)
3.3.1 Market SWOT analysis, by factor (political & legal, economic, and technological)
3.3.1.1 Political & legal factors
3.3.1.1.1 Strength
3.3.1.1.2 Weakness
3.3.1.1.3 Opportunity
3.3.1.1.4 Threat
3.3.1.2 Economic factors
3.3.1.2.1 Strength
3.3.1.2.2 Weakness
3.3.1.2.3 Opportunity
3.3.1.2.4 Threat
3.3.1.3 Technological factors
3.3.1.3.1 Strength
3.3.1.3.2 Weakness
3.3.1.3.3 Opportunity
3.3.1.3.4 Threat
3.4 Industry Analysis - Porter’s
3.4.1 Porter’s Five Forces analysis
3.4.1.1 Competitive rivalry
3.4.1.2 Bargaining power of suppliers
3.4.1.3 Bargaining power of buyers
3.4.1.4 Threat of new entrants
3.4.1.5 Threat of substitutes
Chapter 4 Product Estimates & Trend Analysis
4.1 Medical Pendant Market: Product Movement Analysis
4.2 Fixed
4.2.1 Fixed market, 2014 - 2025 (USD Million)
4.3 Fixed Retractable
4.3.1 Fixed retractable market, 2014 - 2025 (USD Million)
4.4 Single Arm Movable
4.4.1 Single arm movable market, 2014 - 2025 (USD Million)
4.5 Double and Multiarm Movable
4.5.1 Double and multiarm movable market, 2014 - 2025 (USD Million)
4.6 Accessories
4.6.1 Accessories market, 2014 - 2025 (USD Million)
Chapter 5 Application Estimates & Trend Analysis
5.1 Medical Pendant Market: Application Movement Analysis
5.2 Hospitals
5.2.1 Hospitals market, 2014 - 2025 (USD Million)
5.2.2 Operating Theatre (OT) & Recovery Room (RR)
5.2.2.1 Operating Theatre (OT) & Recovery Room (RR) market, 2014 - 2025 (USD Million)
5.2.3 Intensive Care Unit (ICU)
5.2.3.1 Intensive Care Unit (ICU) market, 2014 - 2025 (USD Million)
5.2.4 Emergency Room (ER)
5.2.4.1 Emergency Room (ER) market, 2014 - 2025 (USD Million)
5.2.5 Ward
5.2.5.1 Ward market, 2014 - 2025 (USD Million)
5.3 Clinics
5.3.1 Clinics market, 2014 - 2025 (USD Million)
5.4 Others
5.4.1 Others market, 2014 - 2025 (USD Million)
Chapter 6 Regional Estimates & Trend Analysis, by Product and Application
6.1 Medical Pendant Market Share by Region, 2016 & 2025
6.2 North America
6.2.1 North America medical pendant market, 2014 - 2025 (USD Million)
6.2.2 U.S.
6.2.2.1 U.S. medical pendant market, 2014 - 2025 (USD Million)
6.2.3 Canada
6.2.3.1 Canada medical pendant market, 2014 - 2025 (USD Million)
6.3 Europe
6.3.1 Europe medical pendant market, 2014 - 2025 (USD Million)
6.3.2 U.K.
6.3.2.1 U.K. medical pendant market, 2014 - 2025 (USD Million)
6.3.3 Germany
6.3.3.1 Germany medical pendant market, 2014 - 2025 (USD Million)
6.3.4 France
6.3.4.1 France medical pendant market, 2014 - 2025 (USD Million)
6.3.5 Italy
6.3.5.1 Italy medical pendant market, 2014 - 2025 (USD Million)
6.3.6 Spain
6.3.6.1 Spain medical pendant market, 2014 - 2025 (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific medical pendant market, 2014 - 2025 (USD Million)
6.4.2 Japan
6.4.2.1 Japan medical pendant market, 2014 - 2025 (USD Million)
6.4.3 China
6.4.3.1 China medical pendant market, 2014 - 2025 (USD Million)
6.5 Latin America
6.5.1 Latin America medical pendant market, 2014 - 2025 (USD Million)
6.5.2 Brazil
6.5.2.1 Brazil medical pendant market, 2014 - 2025 (USD Million)
6.5.3 Mexico
6.5.3.1 Mexico medical pendant market, 2014 - 2025 (USD Million)
6.6 MEA
6.6.1 MEA medical pendant market, 2014 - 2025 (USD Million)
6.6.2 South Africa
6.6.2.1 South Africa medical pendant market, 2014 - 2025 (USD Million)
Chapter 7 Competitive Landscape
7.1 Strategy Framework
7.2 Market Participation Categorization
7.3 Company Profiles
7.3.1 Elektra Hellas S.A.
7.3.1.1 Company overview
7.3.1.2 Financial performance
7.3.1.3 Product benchmarking
7.3.2 Starkstrom
7.3.2.1 Company overview
7.3.2.2 Financial performance
7.3.2.3 Product benchmarking
7.3.2.4 Strategic initiatives
7.3.3 Brandon Medical Co Ltd
7.3.3.1 Company overview
7.3.3.2 Financial performance
7.3.3.3 Product benchmarking
7.3.3.4 Strategic initiatives
7.3.4 Skytron LLC
7.3.4.1 Company overview
7.3.4.2 Financial performance
7.3.4.3 Product benchmarking
7.3.4.4 Strategic initiatives
7.3.5 Ondal Medical Systems GmbH
7.3.5.1 Company overview
7.3.5.2 Geographic foothold
7.3.5.3 Financial performance
7.3.5.4 Product benchmarking
7.3.5.5 Strategic initiatives
7.3.6 Surgiris
7.3.6.1 Company overview
7.3.6.2 Product benchmarking
7.3.6.3 Strategic initiatives
7.3.7 BeaconMedæs
7.3.7.1 Company overview
7.3.7.2 Geographic foothold
7.3.7.3 Financial performance
7.3.7.4 Product benchmarking
7.3.8 MEDIMAXKOREA
7.3.8.1 Company overview
7.3.8.2 Product benchmarking
7.3.9 Tedisel Medical
7.3.9.1 Company overview
7.3.9.2 Financial performance
7.3.9.3 Product benchmarking
7.3.9.4 Strategic initiatives
7.3.10 Megasan Medikal
7.3.10.1 Company overview
7.3.10.2 Product benchmarking
List of Tables
TABLE 1 Global health workforce
TABLE 2 List of market players
TABLE 3 North America medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 4 North America medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 5 North America medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 6 U.S. medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 7 U.S. medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 8 U.S. medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 9 Canada medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 10 Canada medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 11 Canada medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 12 Europe medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 13 Europe medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 14 Europe medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 15 U.K. medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 16 U.K. medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 17 U.K. medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 18 Germany medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 19 Germany medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 20 Germany medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 21 France medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 22 France medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 23 France medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 24 Italy medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 25 Italy medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 26 Italy medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 27 Spain medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 28 Spain medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 29 Spain medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 30 Asia Pacific medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 31 Asia Pacific medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 32 Asia Pacific medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 33 Japan medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 34 Japan medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 35 Japan medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 36 China medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 37 China medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 38 China medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 39 Latin America medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 40 Latin America medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 41 Latin America medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 42 Brazil medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 43 Brazil medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 44 Brazil medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 45 Mexico medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 46 Mexico medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 47 Mexico medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 48 MEA medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 49 MEA medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 50 MEA medical pendant market, by hospital, 2014 - 2025 (USD Million)
TABLE 51 South Africa medical pendant market, by product, 2014 - 2025 (USD Million)
TABLE 52 South Africa medical pendant market, by application, 2014 - 2025 (USD Million)
TABLE 53 South Africa medical pendant market, by hospital, 2014 - 2025 (USD Million)
List of Figures
FIG. 1 Market summary (USD Million), 2016
FIG. 2 Market research process
FIG. 3 Information Procurement
FIG. 4 Primary research pattern
FIG. 5 Market research approaches
FIG. 6 Value chain based sizing & forecasting
FIG. 7 QFD modelling for market share assessment
FIG. 8 Market trends & outlook
FIG. 9 Market segmentation & scope
FIG. 10 Market driver relevance analysis (Current & future impact)
FIG. 11 Doctors (per 1,000 population) as compared with the total world population (millions)
FIG. 12 Market restraint relevance analysis (Current & future impact)
FIG. 13 Penetration & growth prospect mapping
FIG. 14 SWOT analysis, by factor (political & legal, economic, and technological)
FIG. 15 Per capita healthcare spending, by country, 2016 (USD)
FIG. 16 Porter’s Five Forces analysis
FIG. 17 Medical pendant market product outlook: Key takeaways
FIG. 18 Medical pendant market: Product movement analysis
FIG. 19 Fixed market, 2014 - 2025 (USD Million)
FIG. 20 Fixed retractable market, 2014 - 2025 (USD Million)
FIG. 21 Single arm movable market, 2014 - 2025 (USD Million)
FIG. 22 Double and multiarm movable market, 2014 - 2025 (USD Million)
FIG. 23 Accessories market, 2014 - 2025 (USD Million)
FIG. 24 Medical pendant market application outlook: Key takeaways
FIG. 25 Medical pendant market: Application movement analysis
FIG. 26 Hospitals market, 2014 - 2025 (USD Million)
FIG. 27 Operating Theatre (OT) & Recovery Room (RR) market, 2014 - 2025 (USD Million)
FIG. 28 Intensive Care Unit (ICU) market, 2014 - 2025 (USD Million)
FIG. 29 Emergency Room (ER market, 2014 - 2025 (USD Million)
FIG. 30 Ward market, 2014 - 2025 (USD Million)
FIG. 31 Clinics market, 2014 - 2025 (USD Million)
FIG. 32 Others market, 2014 - 2025 (USD Million)
FIG. 33 Regional market place: Key takeaways
FIG. 34 Regional outlook, 2016 & 2025
FIG. 35 North America medical pendant market, 2014 - 2025 (USD Million)
FIG. 36 U.S. medical pendant market, 2014 - 2025 (USD Million)
FIG. 37 Canada medical pendant market, 2014 - 2025 (USD Million)
FIG. 38 Europe medical pendant market, 2014 - 2025 (USD Million)
FIG. 39 U.K. medical pendant market, 2014 - 2025 (USD Million)
FIG. 40 Germany medical pendant market, 2014 - 2025 (USD Million)
FIG. 41 France medical pendant market, 2014 - 2025 (USD Million)
FIG. 42 Italy medical pendant market, 2014 - 2025 (USD Million)
FIG. 43 Spain medical pendant market, 2014 - 2025 (USD Million)
FIG. 44 Asia Pacific medical pendant market, 2014 - 2025 (USD Million)
FIG. 45 Japan medical pendant market, 2014 - 2025 (USD Million)
FIG. 46 China medical pendant market, 2014 - 2025 (USD Million)
FIG. 47 Latin America medical pendant market, 2014 - 2025 (USD Million)
FIG. 48 Brazil medical pendant market, 2014 - 2025 (USD Million)
FIG. 49 Mexico medical pendant market, 2014 - 2025 (USD Million)
FIG. 50 MEA medical pendant market, 2014 - 2025 (USD Million)
FIG. 51 South Africa medical pendant market, 2014 - 2025 (USD Million)
FIG. 52 Strategy framework
FIG. 53 Participant categorization

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