Single-arm Medical Pendant Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence

Single-arm Medical Pendant Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence
DataM Intelligence
The Single-arm Medical Pendant Market is expected to grow at a CAGR of 6.1% during the forecast period 2022-2029.

Market Overview:

Single-Arm Medical Pendant Market size was valued at US$ YY million in 2021 and is estimated to reach US$ YY million by 2029, growing at a CAGR of 6.1% during the forecast period (2022-2029).

In the working room of a health center, a scientific pendant is an vital fuel supply medical machine. It is frequently applied in the operating room for the terminal transfer of oxygen, suction, compressed air, nitrogen, and other medicinal gases. Single-arm clinical pendants provide the vital offerings and gadget connection centers for anesthesia and surgical reasons in running rooms and transport rooms.

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Market Dynamics

The Increasing adoption of minimally invasive surgeries over open surgical procedures will force the market increase  

Increasing the quantity of surgeries and developing healthcare infrastructure for advanced workflow are two motives riding marketplace expansion.In addition, the government is growing its guide for preserving a steady supply of clinical equipment to fulfill consumer call for. These factors are having a full-size effect on the increase of the medical pendant marketplace.

According to the European Heart Journal, nearly 75% of upper gastrointestinal bleeding in a population became identified in 2019. Furthermore, occurrences of upper gastrointestinal bleeding ranged from eighty to 150 in keeping with 100,000 population. Endoscopy is a take a look at this is used to diagnose gastrointestinal bleeding. As a result, because the variety of endoscopic tactics increases, the requirement for a pendant gadget may additionally increase.

Chronic illnesses are the important causes of mortality and incapacity global, in line with the World Health Organization (WHO) 2018. Chronic disease charges growth globally, advancing throughout all areas and saturating all socioeconomic strata. Chronic sicknesses accounted for 73 percent of all fatalities and 60 percent of the global ailment burden in 2020. As a result of the developing burden of continual sicknesses, which enhances call for for numerous treatment strategies and surgical procedures, using scientific pendant systems might also eventually increase, pushing the marketplace inside the destiny.

Furthermore, marketplace individuals’ launch of latest advanced items contributes to marketplace boom. Ondal Medical Systems GmbH, for instance, presents MediBoom with Service Head M6, a single-arm cellular medical pendant that can be incorporated with the M6 MediSound-System. This system is proof against hazardous micro organism because it’s far unique antibacterial fabric.These elements are in all likelihood to reinforce the unmarried-arm medical pendant market.

Market Segmentation:

By Application

  • Surgery
  • Anesthesia
  • Endoscopy
  • Intensive Care Unit

By Type

  • Flexible Medical Pendant*
  • Lifting Medical Pendant

By End User

  • Hospital
  • Clinics
  • Others

Competitive Landscape

The single-arm medical pendant market is a highly competitive presence of local as well as global companies.  Some of the key players which are contributing to the growth of the market include Elektra Hellas SA, Starkstrom Ltd, HIPAC, Brandon Medical Company, Unicorn Medicals, Ondal Medical Systems, Beaconmed, Megasan Medika, Shanghai Pax Medical, Tedisel Medical SL, Dragerwerk AG, NOVAIR MEDICAL, Steris Plc, Shenzhen Mindray BioMedical, Electronics Co Ltd, among others.

The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the single-arm medical pendant market globally. For instance, In November 2020, The previously announced acquisition of Key Surgical by Steris PLC has been finalized. The acquisition strengthened and expanded the company’s global product offerings.

Trending Topics:

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