Global Medical Pendant Market Size & Outlook, 2019-2027

The medical pendant industry worldwide is expected to reach a projected revenue of US$ 639.2 million by 2027. A compound annual growth rate of 6.3% is expected of the worldwide medical pendant industry from 2020 to 2027.
Revenue, 2019 (US$M)
$393.3
Forecast, 2027 (US$M)
$639.2
CAGR, 2020 - 2027
6.3%
Report Coverage
Worldwide

Global medical pendant market highlights

  • The global medical pendant market generated a revenue of USD 393.3 million in 2019 and is expected to reach USD 639.2 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 6.3% by 2027.
  • In terms of segment, fixed accounted for a revenue of USD 120.3 million in 2019.
  • Double and Multi-arm Movable is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, Canada is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 393.3 million
Market revenue in 2027USD 639.2 million
Growth rate6.3% (CAGR from 2019 to 2027)
Largest segmentFixed
Fastest growing segmentDouble and Multi-arm Movable
Historical data covered2015 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationFixed, Fixed Retractable, Single Arm Movable, Double and Multi-arm Movable, Accessories

Other key industry trends

  • In terms of revenue, the North America accounted for 31.8% of the global medical pendant market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 27.0 million by 2027.

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Medical Pendant Market Companies

Name Profile # Employees HQ Website

Global medical pendant market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical pendant market will help companies and investors design strategic landscapes.


Fixed was the largest segment with a revenue share of 30.59% in 2019. Horizon Databook has segmented the Global medical pendant market based on fixed, fixed retractable, single arm movable, double and multi-arm movable, accessories covering the revenue growth of each sub-segment from 2015 to 2027.


  • Global Medical Pendant Product Outlook (Revenue, USD Million, 2015-2027)
    • Fixed
    • Fixed Retractable
    • Single Arm Movable
    • Double and Multi-arm Movable
    • Accessories
  • Global Medical Pendant Application Outlook (Revenue, USD Million, 2015-2027)
    • Surgery
    • Endoscopy
    • Anesthesia
    • Intensive Care Unit (ICU)
    • Others
  • Global Medical Pendant Capacity Outlook (Revenue, USD Million, 2015-2027)
    • Low Duty
    • Medium Duty
    • Heavy Duty
  • Global Medical Pendant End Use Outlook (Revenue, USD Million, 2015-2027)
    • Hospital
    • Clinic
    • Other

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Target buyers of Global medical pendant market databook

  • Our clientele includes a mix of medical pendant market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical pendant market, including forecasts for subscribers. This global databook contains high-level insights into Global medical pendant market from 2015 to 2027, including revenue numbers, major trends, and company profiles.

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Global medical pendant market size, by regions, 2015-2027 (US$M)

Top 10 countries: Medical pendant market size, 2019 (US$M)

Global medical pendant market share, by product, 2019 & 2027 (%, US$M)

Medical pendant market: Opportunity assessment by country

Global medical pendant market, by region, 2019 (US$M)

Global medical pendant market size, by regions, 2015-2027 (US$M)

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