Latin America Medical Pendant Market Size & Outlook
Latin America medical pendant market, 2015-2027 (US$M)
Related Markets
Latin America medical pendant market highlights
- The Latin America medical pendant market generated a revenue of USD 43.6 million in 2019.
- The market is expected to grow at a CAGR of 6% 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, Brazil is expected to register the highest CAGR from 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 43.6 million |
| Market revenue in 2027 | USD 69.4 million |
| Growth rate | 6% (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, Latin America region accounted for 11.1% 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 |
|---|
Latin America 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 30.28% in 2019. Horizon Databook has segmented the Latin America 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.
Brazil is expected to a significant contributor to the growth of the Latin American market during the forecast period. Healthcare spending in Brazil is on a rise.
In addition, the Government of Mexico is undertaking several initiatives, such as strategic partnerships or collaborations, health insurance programs, and primary care access in various Latin American countries, to open up new avenues for market players.
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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 Latin America medical pendant market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical pendant market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America medical pendant market size, by country, 2015-2027 (US$M)
Latin America Medical Pendant Market Share, 2019 & 2027 (US$M)
Related regional statistics
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