Spain Medical Pendant Market Size & Outlook, 2019-2027
Spain medical pendant market, 2015-2027 (US$M)
Related Markets
Spain medical pendant market highlights
- The Spain medical pendant market generated a revenue of USD 10.6 million in 2019 and is expected to reach USD 17.2 million by 2027.
- The Spain market is expected to grow at a CAGR of 6.2% 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 17.2 million |
| Growth rate | 6.2% (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, Spain 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 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 |
|---|
Spain 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 30.19% in 2019. Horizon Databook has segmented the Spain 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.
The Spanish healthcare system is considered to be one of the best in the world. The country spends around 10.0% of its GDP on healthcare and it ranked 6th in the European Union (EU) for the number of doctors.
Increasing incidence of liver cirrhosis, heart diseases, and road accidents resulting in serious injuries or deaths is expected to boost the need for ICUs, emergency rooms, and other healthcare specialties. These factors are expected to boost the demand for medical pendants during the forecast period.
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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 Spain medical pendant market, including forecasts for subscribers. This country databook contains high-level insights into Spain medical pendant market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
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Spain medical pendant market size, by product, 2015-2027 (US$M)
Spain Medical Pendant Market Share, 2019 & 2027 (US$M)
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