The medical pendants are designed to help with infection prevention practices, improve workflow by providing a safe and organized environment for clinical staff, and be easy to maintain. Furthermore, these pendants provide convenient access to multiple gas, electrical and data outlets for use in critical care, operating, anesthetic, and ancillary rooms.
Increase in flexibility that helps to reduce the console size and makes the pendant system easily accessible and further reduces the overhead infrastructure and future maintenance costs are the major advancements that manufacturers are focusing into and thus is expected to propel the growth of the market during the forecast period. In 2016, Brandon Medical redesign with new features in its Atlas Medical Pendant to improve user functions and maintenance. The features include increased internal service area for additional medical, gas and electrical services and greater load bearing capacity to allow more equipment to be carried.
The medical pendants market is projected to witness admirable growth due to increasing preference for emergency alert consoles, rapidly aging population that are more prone to infectious diseases and require treatments, and increasing demand for medical pendant systems in nursing homes and old age care facilities. For instance, according to WHO, between 2015 and 2050, the proportion of the world\’s population over 60 years will nearly double from 12% to 22%. However, product availability and pricing would be hindering the market growth.
Key features of the study:
- This report provides in-depth analysis of medical pendant market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018–2026), considering 2017 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players It profiles leading players in the global medical pendants market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans Key companies covered as a part of this study include Hipac Healthcare Pty Ltd, Surgiris, Ondal Medical Systems, STERIS plc, Elektra Hellas, Starkstrom Ltd., Narang Medical Ltd, Brandon Medical, TLV Healthcare, and Shanghai Amcaremed Technology Co., Ltd. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics The global medical pendants market report caters to various stakeholders in this industry including investors, suppliers, medical pendant device manufacturers, distributors, new entrants, and financial analysts Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the medical pendants market