South Korea Medical Pendant Market Size & Outlook
South Korea medical pendant market, 2015-2027 (US$M)
Related Markets
South Korea medical pendant market highlights
- The South Korea medical pendant market generated a revenue of USD 10.6 million in 2019 and is expected to reach USD 18.4 million by 2027.
- The South Korea market is expected to grow at a CAGR of 7.1% 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 10.6 million |
| Market revenue in 2027 | USD 18.4 million |
| Growth rate | 7.1% (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 Korea accounted for 2.7% 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 |
|---|
South Korea 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 34.91% in 2019. Horizon Databook has segmented the South Korea 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.
- South Korea Medical Pendant Product Outlook (Revenue, USD Million, 2015-2027)
- Fixed
- Fixed Retractable
- Single Arm Movable
- Double and Multi-arm Movable
- Accessories
- South Korea Medical Pendant Application Outlook (Revenue, USD Million, 2015-2027)
- Surgery
- Endoscopy
- Anesthesia
- Intensive Care Unit (ICU)
- Others
- South Korea Medical Pendant Capacity Outlook (Revenue, USD Million, 2015-2027)
- Low Duty
- Medium Duty
- Heavy Duty
- South Korea Medical Pendant End Use Outlook (Revenue, USD Million, 2015-2027)
- Hospital
- Clinic
- Other
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Target buyers of South Korea medical pendant market databook
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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 South Korea medical pendant market, including forecasts for subscribers. This country databook contains high-level insights into South Korea medical pendant market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea medical pendant market size, by product, 2015-2027 (US$M)
South Korea Medical Pendant Market Share, 2019 & 2027 (US$M)
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