Japan Medical Pendant Market Size & Outlook, 2019-2027
Japan medical pendant market, 2015-2027 (US$M)
Related Markets
Japan medical pendant market highlights
- The Japan medical pendant market generated a revenue of USD 13.3 million in 2019 and is expected to reach USD 24.2 million by 2027.
- The Japan market is expected to grow at a CAGR of 7.8% from 2020 to 2027.
- In terms of segment, fixed was the largest revenue generating product in 2019.
- Accessories 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 13.3 million |
| Market revenue in 2027 | USD 24.2 million |
| Growth rate | 7.8% (CAGR from 2019 to 2027) |
| Largest segment | Fixed |
| Fastest growing segment | Accessories |
| 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, Japan accounted for 3.4% 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 Asia Pacific, China medical pendant market is projected to lead the regional market in terms of revenue in 2027.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 28.4 million by 2027.
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Medical Pendant Market Scope
Medical Pendant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 32.33% in 2019. Horizon Databook has segmented the Japan 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 the Ministry of Health, Labor and Welfare (MHLW) Annual Pharmaceutical Production Statistics, This growth in the market for medical devices is expected to boost the demand for advanced medical technologies in the near future.
In addition, increasing geriatric population in the country is likely to contribute to market growth as elderly people are prone to various chronic diseases, such as lung cancer and respiratory & lung diseases. According to the Japan Statistics Bureau, geriatric population has increased four-fold between 1974 and 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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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 country-level data and insights on the Japan medical pendant market, including forecasts for subscribers. This country databook contains high-level insights into Japan medical pendant market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
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Japan medical pendant market size, by product, 2015-2027 (US$M)
Japan Medical Pendant Market Share, 2019 & 2027 (US$M)
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