Global Medical Pendant Market Size & Outlook
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)
$639.2
CAGR, 2020 - 2027
6.3%
Report Coverage
Worldwide
Global medical pendant market, 2015-2027 (US$M)
Related Markets
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 2019 | USD 393.3 million |
| Market revenue in 2027 | USD 639.2 million |
| Growth rate | 6.3% (CAGR from 2019 to 2027) |
| Largest segment | Fixed |
| Fastest growing segment | Double and Multi-arm Movable |
| Historical data covered | 2015 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed, 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Pendant Market Scope
Medical pendant market segmentation & scope
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
Reasons to subscribe to Global medical pendant market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
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.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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.
Partial client list
Global medical pendant market statistics, by regions, 2015-2027 (US$M)
Top 10 countries: Medical pendant market size, 2019 (USD Million)
Top 10 countries: Medical pendant market size, 2019 (USD Million)
Global medical pendant market, by region, 2019 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
