South Africa Medical Pendant Market Size & Outlook
South Africa medical pendant market, 2015-2027 (US$M)
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South Africa medical pendant market highlights
- The South Africa medical pendant market generated a revenue of USD 3.9 million in 2019 and is expected to reach USD 6.8 million by 2027.
- The South Africa market is expected to grow at a CAGR of 7.3% 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 3.9 million |
| Market revenue in 2027 | USD 6.8 million |
| Growth rate | 7.3% (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, South Africa accounted for 1.0% 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 Middle East & Africa, UAE medical pendant market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.8 million by 2027.
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Medical Pendant Market Scope
Medical Pendant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 30.77% in 2019. Horizon Databook has segmented the South Africa 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.
Government and healthcare organizations are undertaking several initiatives to improve healthcare facilities in South Africa. Economic development and presence of high unmet healthcare needs are among the major factors driving the growth of the market in this region.
The South African Government, in collaboration with the U.S. government, has undertaken the Global Health Initiative strategy 2011–2016. The initiative is expected to facilitate healthcare access to each resident in the country and improve healthcare standards. This would increase the demand for and adoption of medical pendants in healthcare facilities.
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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 South Africa medical pendant market, including forecasts for subscribers. This country databook contains high-level insights into South Africa medical pendant market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
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South Africa medical pendant market size, by product, 2015-2027 (US$M)
South Africa Medical Pendant Market Share, 2019 & 2027 (US$M)
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