Portland, OR -- (SBWire) -- 07/03/2018 --The growth of the global single-arm medical pendant market is driven by increase in need for pendant systems in ICUs & operating theaters, rise in adoption of these systems in in the fields of endoscopy & surgery, technological advancements, and growth in demand for medical support systems.
However, high cost of medical pendant systems and dearth in professional technicians to operate these systems restrain the market growth. Development of technologically advanced systems is expected to provide numerous opportunities for the market growth during the forecast period.
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The single-arm medical pendant market is segmented on the basis of application and region. Applications covered in this study include surgery, anesthesia, endoscopy, and, intensive care unit (ICU). Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
The key players operating in the market include Elektra Hellas S.A., Starkstrom Ltd, Hipac, Brandon Medical Company Ltd, Unicorn Medicals, Ondal Medical Systems, BeaconMeds, Megasan Medika, Shanghai PAX Medical Instrument Co., Ltd., and Tedisel Medical S.L.
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Key Benefits
- The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.
- Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
- Key players are profiled and their strategies are analyzed thoroughly, which explains the competitive outlook of the global market.
- The report offers a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities.
- Exhaustive analysis helps to understand the applications of the pendant systems and the variants that are expected to gain prominence in the future.
Single-arm Medical Pendant Market Key Segments:
By Application
- Surgery
- Anesthesia
- Endoscopy
- Intensive Care Unit (ICU)
Single-Arm Medical Pendant Market Largest Regional Revenue Share
Medical pendants are systems that are designed to facilitate movement, support loads, and supply medical equipment during medical procedures.