Italy Medical Pendant Market Size & Outlook, 2019-2027
Italy medical pendant market, 2015-2027 (US$M)
Related Markets
Italy medical pendant market highlights
- The Italy medical pendant market generated a revenue of USD 12.5 million in 2019 and is expected to reach USD 19.0 million by 2027.
- The Italy market is expected to grow at a CAGR of 5.4% 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.
Medical pendant market data book summary
| Market revenue in 2019 | USD 12.5 million |
| Market revenue in 2027 | USD 19.0 million |
| Growth rate | 5.4% (CAGR from 2019 to 2027) |
| Largest segment | Fixed |
| Fastest growing segment | Double and Multi-arm Movable |
| Historical data | 2015 - 2018 |
| Base year | 2019 |
| Forecast period | 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, Italy accounted for 3.2% of the global medical pendant market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, Germany medical pendant market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 41.9 million by 2027.
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Medical Pendant Market Scope
Medical Pendant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 32% in 2019. Horizon Databook has segmented the Italy 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.
Increasing geriatric population is expected to drive market growth in Italy during the forecast period. Elderly people are prone to chronic diseases such as asthma, respiratory & lung diseases, kidney diseases, lung cancer, and others.
This is fueling the demand for operating room or operating theater pendants. For instance, according to the Organization for Economic Cooperation and Development , the percentage of elderly population in Italy increased in 2014.
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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 country-level data and insights on the Italy medical pendant market, including forecasts for subscribers. This country databook contains high-level insights into Italy medical pendant market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
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Italy medical pendant market size, by product, 2015-2027 (US$M)
Italy Medical Pendant Market Share, 2019 & 2027 (US$M)
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