Global Medical Pendant Market Research Report Information by Product (Fixed Pendants, Fixed Retractable Pendants, Single Arm Movable Pendants, Double & Multiarm Movable Pendants, Accessories), Application (Hospital, Clinics, Others), and Region – Forecast To 2023.Medical pendant Market refers to the robotic equipment used in the latest operating theatre that can control all functions seamlessly, using the computer-assisted configuration software.
Functions that these pendants can perform include correct positioning of terminal units, delivery of medical gas & medicines, and specialty and electrical services.Over the last couple of years, the global medical pendant has continuously been rising with the increasing need for low-risk and safe workspace for the medical workforce.
Moreover, the augmenting demand for medical pendant systems in operation theatres and intensive care units is escalating the market on the global platform.Considering the phenomenal upsurges, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global medical pendant market will garner a value of USD 149.01 MN by 2023 registering a 7% CAGR throughout the forecast period (2017-2023).Additional factors triggering the demand for medical pendants include the useful results achieved in the areas of surgery and endoscopy and technological advancements and innovations allowing medical systems to move on a press of a button.
Also, factors such as the advancements in robotic technology and the increasing number of robotic surgeries are further influencing the market growth.On the other hand, factors such as the high cost of medical pendant systems are impeding the growth of the market, restricting their uptake.Global Medical Pendant Market – SegmentsFor ease of understanding, the MRFR analysis has been segmented into three key dynamics: –By Product : Fixed Retractable Pendants, Fixed Pendants, Single Arm Movable Pendants, Double & Multi-arm Movable Pendants, and Accessories among others.By Application : Hospital and Clinics among others.By Regions : North America, Europe, Asia Pacific, and the Rest-of-the-WorldBrowse Complete Report :https://www.marketresearchfuture.com/reports/medical-pendant-market-6681Global Medical Pendant Market – Regional AnalysisThe North American region heading with the presence of a large number of key players will retain its dominance over the global medical pendant market.
Factors such as the presence of world-class healthcare infrastructure, superior healthcare practices, advanced facilities, and strict mandates from the regulating authorities drive the medical pendant market in the region.
Also, increasing governmental support for the development of new pendants and R activities required for the same are some of the factors propelling the growth in the regional market.The region is a hub for technology and witnesses constant advancements which is a key reason why North America has improved access to technology that allows the region to have the upper hand in the market.