Medical Pendants Market, by Product Type (Fixed, Rotary Pendants (Single-Arm and Double Multi-Arm) and Movable Pendants (Single-Arm and Double Multi-Arm), and By Application (Surgery, Anesthesia, Endoscopy and ICU) - Size, Share, Outlook, and Opportunity Analysis, 2018 - 2026

  • Published On : Aug 2018 |
  • Pages : 152 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Medical Pendant System Market - Insights

Medical pendants are systems designed to support high load of instruments in areas such as operating theaters or intensive care units. These pendants are provided by highly maneuverable arms with sufficient range to be able to reposition the bed space to suit specific nursing practices without risk of entanglement or occlusion. Increasing demand for flexible, more space saving, and light-weight systems and systems with multiple features is compelling manufacturers to design and develop new systems with advanced features. For instance, in October, 2013, Ondal Medical System announced that over 1,000 MediBoom ceiling pendant system with electromagnetic braking system have been sold and installed in Europe within a very short time. Thus, adoption of these devices by hospitals of various regions are expected to drive growth of the medical pendant system over the forecast period.

The global medical pendants market size is estimated to be valued at US$ 95.18 million in 2017, and is expected to witness a CAGR of 6.7% over the forecast period (2018 – 2026).

Figure 1. Global Medical Pendant Market Value (US$ Mn) Analysis and Forecast and Absolute $ Opportunity

              Medical Pendants  | Coherent Market Insights       

Source: Coherent Market Insights Analysis (2018)

Increasing demand for medical pendants in ICU and operating theatres are expected to propel growth of the market

Medical pendants are expected to create a lucrative opportunities in the market during the forecast period, owing to its increasing demand in ICU and operating theaters to reduce the incidence of healthcare associated infections. For instance, according to National Center for Biotechnology Information (NCBI), 2017, prevalence of HAIs in emerging economies are twice as compared to European countries and incidence of HAIs acquired in ICU of emerging economies is triple as compared to U.S. Many manufacturers offer the system configuration to support advanced needs of healthcare facilities through providing efficient access to equipment, allowing the surgeon and clinical staff with greater flexibility for positioning the operating table and patient during surgical procedures.

Many hospitals are focusing on installing an innovative pendant systems in their important departments such as Critical Care and Intensive Treatment Units. For instance, in 2016, St Mary's Hospital, Paddington equipped novel foot-of-bed pendant system, which was developed and supplied by Brandon Medical to meet the requirements for an integrated patient information system.

Developed economies such as the U.S., Canada, U.K., Germany, and Japan are characterized by high adoption rate of medical pendant systems. Moreover, high incidence rates of injuries due to fall from beds and upper bunks leading to severe injuries is expected to propel growth of the medical pendants market in developed regions. According to the Centers for Disease Control and Prevention (CDC), one in three senior citizens aged 65 and above, fall down from bed and upper bunks annually, in the U.S., and 20% to 30% of them suffer from serious injuries.

North America is expected to account for highest market share in the global medical pendants market, owing to the presence of a many players in this regions with improved healthcare infrastructure.  Moreover, Asia Pacific is expected to witness high growth in the medical pendants market, owing to increasing adoption of these devices by various hospitals. For instance, in 2016, Shanghai Amcaremed Technology Co., Ltd. help their client to install their ICU pendant system.

Figure 2. Global Medical Pendant Market Value (US$ Mn) Analysis; By Region

Medical Pendants  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2018)

Key players operating in the global medical pendants market include Hipac Healthcare Pty Ltd, Surgiris, Ondal Medical Systems, STERIS plc. Elektra Hellas, Starkstrom Ltd., Narang Medical Ltd., Brandon Medical, TLV Healthcare, and Shanghai Amcaremed Technology Co., Ltd.

The medical pendants are designed to help with infection prevention practices, improve workflow by providing a safe and organized environment for clinical staff, and be easy to maintain. Furthermore, these pendants provide convenient access to multiple gas, electrical and data outlets for use in critical care, operating, anesthetic, and ancillary rooms.

Market Dynamics

Increase in flexibility that helps to reduce the console size and makes the pendant system easily accessible and further reduces the overhead infrastructure and future maintenance costs are the major advancements that manufacturers are focusing into and thus is expected to propel the growth of the market during the forecast period. In 2016, Brandon Medical redesign with new features in its Atlas Medical Pendant to improve user functions and maintenance. The features include increased internal service area for additional medical, gas and electrical services and greater load bearing capacity to allow more equipment to be carried.

The medical pendants market is projected to witness admirable growth due to increasing preference for emergency alert consoles, rapidly aging population that are more prone to infectious diseases and require treatments, and increasing demand for medical pendant systems in nursing homes and old age care facilities. For instance, according to WHO, between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. However, product availability and pricing would be hindering the market growth.

Key features of the study:

  • This report provides in-depth analysis of medical pendant market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018–2026), considering 2017 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global medical pendants market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
  • Key companies covered as a part of this study include Hipac Healthcare Pty Ltd, Surgiris, Ondal Medical Systems, STERIS plc, Elektra Hellas, Starkstrom Ltd., Narang Medical Ltd, Brandon Medical, TLV Healthcare, and Shanghai Amcaremed Technology Co., Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
  • The global medical pendants market report caters to various stakeholders in this industry including investors, suppliers, medical pendant device manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the medical pendants market

Detailed Segmentation:

  • Global Medical Pendants Market, By Product Type:
    • Fixed Pendants
    • Rotary Pendants
      • Single-Arm
      • Double Multi-Arm
    • Movable Pendants
      • Single-Arm
      • Double Multi-Arm
  • Global Medical Pendants Market, By Application:
    • Surgery
    • Anesthesia
    • Endoscopy
    • ICU
  • Global Medical Pendants Market, By Geography:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Product Type:
        • Fixed Pendants
        • Rotary Pendants
          • Single-Arm
          • Double Multi-Arm
        • Movable Pendants
          • Single-Arm
          • Double Multi-Arm
        • By Application:
          • Surgery
          • Anesthesia
          • Endoscopy
          • ICU
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product Type:
        • Fixed Pendants
        • Rotary Pendants
          • Single-Arm
          • Double Multi-Arm
        • Movable Pendants
          • Single-Arm
          • Double Multi-Arm
      • By Application:
        • Surgery
        • Anesthesia
        • Endoscopy
        • ICU
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Product Type:
        • Fixed Pendants
        • Rotary Pendants
          • Single-Arm
          • Double Multi-Arm
        • Movable Pendants
          • Single-Arm
          • Double Multi-Arm
      • By Application:
        • Surgery
        • Anesthesia
        • Endoscopy
        • ICU
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Product Type:
        • Fixed Pendants
        • Rotary Pendants
          • Single-Arm
          • Double Multi-Arm
        • Movable Pendants
          • Single-Arm
          • Double Multi-Arm
      • By Application:
        • Surgery
        • Anesthesia
        • Endoscopy
        • ICU
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product Type:
        • Fixed Pendants
        • Rotary Pendants
          • Single-Arm
          • Double Multi-Arm
        • Movable Pendants
          • Single-Arm
          • Double Multi-Arm
      • By Application:
        • Surgery
        • Anesthesia
        • Endoscopy
        • ICU
    • Africa
      • By Country:
        • South Africa
        • North Africa
        • Central Africa
      • By Product Type:
        • Fixed Pendants
        • Rotary Pendants
          • Single-Arm
          • Double Multi-Arm
        • Movable Pendants
          • Single-Arm
          • Double Multi-Arm
      • By Application:
        • Surgery
        • Anesthesia
        • Endoscopy
        • ICU
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Strategies
    • Hipac Healthcare Pty Ltd*
    • Surgiris
    • Ondal Medical Systems
    • STERIS plc.
    • Elektra Hellas
    • Starkstrom Ltd.
    • Narang Medical Ltd.
    • Brandon Medical
    • TLV Healthcare
    • Shanghai Amcaremed Technology Co., Ltd.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Regulatory Scenario
    • Industry Trends
    • Technological Advancements
    • PEST Analysis
    • PORTER’S Five Forces Analysis
  4. Global Medical Pendants Market, By Product Type, 2016–2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017–2026
      • Segment Trends
    • Fixed Pendant
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
    • Rotary Pendant
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
        • Single-Arm
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
        • Double Multi-arm
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
    • Movable Pendant
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
        • Single-Arm
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
        • Double Multi-arm
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
  5. Global Medical Pendants Market, By Application, 2016–2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017–2026
      • Segment Trends
    • Surgery
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
    • Anesthesia
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
    • Endoscopy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
    • ICU
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2026, (US$ Million)
  6. Global Medical Pendants Market, By Regions, 2016–2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2017–2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product Type, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product Type, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Product Type, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2026, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Product Type, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Hipac Healthcare Pty Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Surgiris
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Ondal Medical Systems
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Steris Plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Elektra Hellas
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Starkstrom Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Narang Medical Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Brandon Medical
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • TLV Healthcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Shanghai Amcaremed Technology Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 19 market data tables and 23 figures on “Medical Pendants Market - Global forecast to 2026”.

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.