Medical Pendant Market Research Report - Global Forecast till 2027

Medical Pendant Market Research Report Information by Product (Fixed Pendants, Fixed Retractable Pendants, Single Arm Movable Pendants, Double & Multiarm Movable Pendants, Accessories), Application (Hospital, Clinics, Others) and Region - Forecast To 2027.

ID: MRFR/MED/5218-HCR | February 2021 | Region: Global | 100 pages

Medical Pendant Market Scenario:

The Medical Pendant Market size was valued at USD 95.18 million in 2017 and is anticipated to garner USD 149.01 million by the end of 2023. The market across the globe is expected to register 7% CAGR during the forecast period (2017-2023). Medical pendant is a wireless device which is specifically designed to alert the healthcare professionals regarding the occurrence of an emergency or hazard which require immediate attention. Such systems are expensive and require technicians for proper installation and operation. Medical pendants are classified into two types of alarm devices; active and passive. While active devices require impetus from the user in order to trigger the alarm, passive devices monitor the wearer and notifies based on lack of activity.

Medical pendant provides the correct positioning of terminal units, medical gas, medical equipment, and specialty and electrical services, thereby fulfilling the requirements of a hospital. With the increasing need for low-risk and safe work space for the medical workforce, the medical pendant market is presumed to accelerate during the assessment period. The high demand for medical pendant systems in operation theatres and intensive care units is driving the market globally. Moreover, the effective results achieved in the areas of surgery and endoscopy are triggering the demand for medical pendants. Technological advancements and innovations allowing medical systems to move on as required by the press of a button are further influencing the market growth.

Meanwhile, the high cost of medical pendant systems is restraining the hospitals from adopting such systems which is further retarding the market growth across the globe. Hospitals are thus using alternatives which is highly affecting the global market. Moreover, lack of technical professionals is another factor impeding the market growth over the years.

Segmentation Analysis

The global medical pendant market has been segmented on the basis of product, application, and region.

Based on product, the global market has been segmented into fixed pendants, fixed retractable pendants, single arm movable pendants, double & multi-arm movable pendants, and accessories. Among these, the fixed pendants hold the largest market share, whereas the single arm moveable pendants account for the fastest growing segment.

Based on application, the global market has been segmented into hospital, clinics and others. The hospital segment is further sub-segmented into intensive care unit (ICU), operating theatre (OT) & recovery room (RR), and emergency room (ER). Among these, the clinics segment is expected to be the fastest growing segment.

Regional Analysis

The global medical pendant market span across major four regions, namely Europe, Americas, Asia Pacific, Middle East & Africa.

North America is one of the leading regions in the Americas medical pendant market and is anticipated to lead the market in terms of revenue. This can be attributed to the presence of world class healthcare infrastructure, top notch healthcare practices, advanced facilities, and strict mandates from the regulating authorities.

Asia Pacific is considered to exhibit the fastest growth due to the rapid growth in the healthcare infrastructure, government initiatives and focus on better healthcare practices, and increased spending owing to the increasing medical tourism industry.

Key Players

  • Comprise Skytron LLC

  • Ondal Medical Systems GmbH

  • Megasan Medikal

  • Elektra Hellas S.A


  • Tedisel Medical

  • Brandon Medical Co. Ltd

  • Starkstrom

  • Surgiris, and BeaconMedæs.

Research Methodology

Data analysts at Market Research Future ensure objective analysis of the market while preparing market research reports by engaging set of standards which allow a comprehensive view of the market and its several components. Several factors comprising economic growth, government expenditure, supply channels and distribution channels have been scrutinized effort to relay precise information. Also, market-size estimation and validation use top-down and bottom-up approaches in order to obtain data from the demand and supply side. Analysis of data have been performed by using research framework suited to the specific industry. The frameworks are developed by the MRFR team which serves as a research standard that provides tools to create dependable market reports.

Global Medical Pendant Market by Product

  • Fixed Pendants

  • Fixed Retractable Pendants

  • Single Arm Movable Pendants

  • Double & Multiarm Movable Pendants

  • Accessories

Global Medical Pendant Market by Application

  • Hospital

  • Clinics

Global Medical Pendant Market by Region

  • Europe

  • Americas

  • Asia Pacific

  • Middle East & Africa

Report Scope:
Report Attribute/Metric Details
  Market Size   USD 149.01 million
  CAGR   2018-2023: 7%
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, Application, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Skytron LLC, Ondal Medical Systems GmbH, Megasan Medikal, Elektra Hellas S.A., MEDIMAXKOREA, Tedisel Medical, Brandon Medical Co. Ltd., Starkstrom, Surgiris, and BeaconMedæs
  Key Market Opportunities   medical pendant systems in operation theatres and intensive care units
  Key Market Drivers   Technological advancements and innovations allowing medical systems to move on as required by the press of a button are further influencing the market growth

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Frequently Asked Questions (FAQ) :

The medical pendant market is projected to grow at a 7% CAGR between 2017-2023.

The medical pendant market is predicted to touch USD 149.01 million by 2023.

North America is projected to command the largest share in the medical pendant market.

The clinic segment will lead the medical pendant market.