Europe Medical Pendant Market Size & Outlook, 2019-2027
Europe medical pendant market, 2015-2027 (US$M)
Related Markets
Europe medical pendant market highlights
- The Europe medical pendant market generated a revenue of USD 115.3 million in 2019.
- The market is expected to grow at a CAGR of 6.5% from 2020 to 2027.
- In terms of segment, fixed was the largest revenue generating product in 2019.
- Double and Multi-arm Movable is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 115.3 million |
| Market revenue in 2027 | USD 191.4 million |
| Growth rate | 6.5% (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 |
| Key market players worldwide | Starkstrom Group, Brandon Medical, Skytron, Surgiris, BeaconMedaes, Tedisel Medical, Ondal Medical Systems, Megasan Medikal |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.3% of the global medical pendant market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 149.9 million by 2027.
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Medical Pendant Market Scope
Medical Pendant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 30.79% in 2019. Horizon Databook has segmented the Europe 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.
According to data provided by the European Cancer Observatory (EUCAN), Albania & Belarus recorded the highest number of deaths due to gastric cancer, and Switzerland & Sweden recorded the lowest number of deaths.
Growing prevalence of gastric cancer has resulted in an increase in the demand for endoscopy procedures. In addition, factors such as availability of advanced technologies and presence of robust healthcare infrastructure, coupled with rising healthcare expenditure, are expected to contribute to market growth.
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Our clientele includes a mix of medical pendant market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical pendant market, including forecasts for subscribers. This continent databook contains high-level insights into Europe medical pendant market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
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Europe medical pendant market size, by country, 2015-2027 (US$M)
Europe Medical Pendant Market Share, 2019 & 2027 (US$M)
Related regional statistics
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