Medical Pendants Market to Surge to US$ 168.58 Million by 2026 - Coherent Market Insights

Global Medical Pendants Market, by Product Type (Fixed Pendants, 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) was valued at US$ 95.18 million in 2017 and is projected to exhibit a CAGR of 6.7% over the forecast period (2018 – 2026).

Medical pendants are the equipment used in operation theaters and have a great practical utility. These pendants are designed to rotate flexibly enable efficient workflows for the medical staff. Some pendants are combined with monitoring support and surgical illumination systems, creating a solution to provide all facilities required in the modern minimally invasive suites, as they can positioned flexibly for optimal utilization of the space available in operating rooms and intensive care units. Steris Plc.’s product-HarmonyAIR Surgical Booms – also known as equipment columns and supply heads, have a sleek and compact design and provide a maximum weight capacity of 450 lbs, allowing the surgeons to easily access to the patient with improve productivity and efficiency.

Browse 19 Market Data Tables and 23 Figures spread through 152 Pages and in-depth TOC on "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) - Global Forecast to 2026"

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Continuous advancements of medical pendants by manufacturers in terms of smaller more compact space and making it to bear load capacity suitable for clinical requirements is propelling the market growth. For instance, in August 2016, Ondal Medical Systems developed the new pendant system that meets current and future needs of highly productive operating rooms named- VALiA S and forwarded to various hospitals and doctor's offices around the world. Furthermore, it has shown that companies are focusing on collaborating with many hospitals for the installments of their medical pendant systems. For instance, in July 2017, Starkstrom provided and installed new 24 eTCP, operating lights and medical pendant for six new theatres of Darlington Memorial Hospital, completing the first phase of this project. The second phase will start shortly to refurbish the existing theatre area. Furthermore, in 2016, Hospital Corporation of America’s Portland and London Bridge Hospital equipped their brand new PICU and ICU with Brandon Medical’s next generation Atlas Medical Pendants. A total of 17 pendants were installed at the head of each bed to maximize the number of patient services immediately accessible around the patient.

Key Takeaways of the Medical Pendants Market:

• The global medical pendants market is expected to exhibit a CAGR of 6.7% over the forecast period (2018–2026). This is attributed to the continuous development of medical pendant systems with higher number of electrical points and gas services
• Based on product type, fixed segment is expected to account for the largest share in the global medical pendant market over the forecast period, owing to rising demand for flexible, more space saving, and light-weight systems and systems with multiple features
• Based on application, ICU segment is expected to exhibit high growth over the forecast period, owing to the presence of magnificent intensive care units (ICU) which require highly advanced medical pendant systems to ensure better patient care and safety and to reduce incidence of healthcare associated infections.
• Some of the major 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.