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2021

Single-arm Medical Pendant Market

Single-arm Medical Pendant Market Size, Share, Competitive Landscape and Trend Analysis Report by Application, Type, End User : Global Opportunity Analysis and Industry Forecast, 2021-2030

LS : Medical Devices & Supplies

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Author's: Sushant Terdale | Roshan Deshmukh
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Single-arm Medical Pendant Market Overview 

The single-arm medical pendant market size was valued at $278 million in 2020, and is projected to reach $516 million by 2030, registering a CAGR of 6.5% from 2021 to 2030. Medical pendant is an indispensable gas supply medical device in operating room of the hospital. It is majorly used for terminal transfer of oxygen, suction, compressed air, nitrogen, and other medical gases in the operating room. Single-arm medical pendants are used to provide all necessary services and equipment connection facilities needed in operation theatre and delivery rooms for anesthesia and surgical purposes. These systems are mounted on the hospital ceiling with the robust carcass system consisting of stainless steel flanges and supporting rods. Such systems are compact with customizable configurations to meet the exact requirements of hospital or any other healthcare center. 

The growth of the global single-arm medical pendant market is driven by factors such as rise in geriatric population, increase in demand for minimally invasive surgeries, and surge in use of single-arm medical pendant in surgeries and endoscopy. Furthermore, rise in incidence of cancer, & cardiac diseases and increase in the number of laparoscopic surgeries are expected to propel the global single-arm medical pendant market growth. For instance, as per the I Data Research data in 2020, about 15 million laparoscopic procedures are performed globally every year. cesarean section procedures were performed. Increase in number of surgeries is expected to increase the demand for single-arm medical pendant systems, thus propelling the global market growth. 

Single-Arm-Medical-Pendant-Market,-2021-2030

However, high cost of medical pendant systems and dearth in professional technicians to operate these systems restrain the market growth.

The World Health Organization (WHO) on January 30, 2020 declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. Due to the COVID-19 pandemic, governments across the globe announced country-wide lockdown as well as social distancing measures to prevent the collapse of health systems. Governments have issued limitations and bans on medical procedures and elective surgeries. These restrictions have hampered the demand for single-arm medical pendant. Owing to these restrictions, single-arm medical pendant equipment manufacturing companies are facing problems such as in-person product demonstrations, operating their facilities at full capacity, and attending conferences that help generate future sales opportunities. In addition, lockdown in Asia-Pacific countries such as China and India has resulted in delays in the production and shipment of single-arm medical pendant products. All these factors are expected to negatively impact the growth of the single-arm medical pendant market.

Global Single-arm Medical Pendant Market Segmentation  

The global single-arm medical pendant market is classified on the basis of application, type, end user, and region. The applications covered in the study include surgery, endoscopy, anesthesia, and intensive care unit (ICU). By type, the market is bifurcated into flexible medical pendant and lifting medical pendant. The flexible medical pendant segment is further classified into hospital, clinics, and others. The lifting medical pendant segment is subsegmented into hospitals, clinics, and others. On the basis of end user, the market is categorized hospitals, clinics, and others. Region wise, it is analyzed across, North America, Europe, Asia-Pacific, and LAMEA. 

Application segment review

By application, the surgery segment was the major revenue contributor, and is projected to grow significantly during the forecast period. This is attributed to increase in demand for minimal invasive surgeries rise in the prevalence of chronic diseases along with surge in elderly population.

Single-arm Medical Pendant Market
By Application
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Surgery segment holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

Type segment review

On the basis of type, the flexible medical pendant segment was the major revenue contributor, and is projected to grow significantly, owing to increase in demand in ICU and operating theaters to reduce the incidence of healthcare-associated infections. Furthermore, rise in incidence rates of injuries due to fall from beds and upper bunks leading to severe injuries are the key factors driving the single-arm medical pendant market growth.

Single-arm Medical Pendant Market
By Type
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Fixed Medical Pendant Segment hold the dominant position and would continue to maintain the lead over the forecast period.

End user segment review

Depending on end user, the hospital segment was the major revenue contributor, and is projected to grow significantly during the forecast period, due to a huge customer base, increase in healthcare expenditure, rise in disease incidence, and the presence of supportive regulatory systems are the key factors anticipating the growth of the single-arm medical pendant market. 

Single-arm Medical Pendant Market
By End User
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Hospital Segment hold the dominant position and would continue to maintain the lead over the forecast period.

Region segment review

Region wise, North America accounted for the largest share in 2020, and is anticipated to maintain its dominance from 2020 to 2030, due to increase in R&D activities to develop single-arm medical pendant devices, presence of major players & their product availability, and well-established healthcare infrastructure in the region. Moreover, Asia-Pacific is expected to witness high growth in the single-arm medical pendants market, owing to increase in adoption of medical pendant devices by various hospitals. For instance, in 2016, Shanghai Amcaremed Technology Co., Ltd. help its clients to install their ICU pendant system.

Single-arm Medical Pendant Market
By Region
2030
North America 
Europe
Asia Pacific
LAMEA

Asia Pacific exhibit the highest CAGR of 7.6 % during 2021-2030

The key market players profiled in the global single-arm medical pendant market include Elektra Hellas S.A., Starkstrom Ltd., HIPAC, Brandon Medical Company Ltd, Unicorn Medicals, Ondal Medical Systems, BeaconmedÆS, Megasan Medika, Shanghai Pax Medical Instrument Co., Ltd., and Tedisel Medical S.L.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the single-arm medical pendant market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • It offers market analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
  • A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
  • The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook and global single-arm medical pendant market growth.

Key Market Segments

By Application

  • Surgery
  • Anesthesia
  • Endoscopy
  • Intensive Care Unit (ICU)

By Type

  • Flexible Medical Pendant
    • Hospital
    • Clinics
    • Others 
  • Lifting Medical Pendant
    • Hospital
    • Clinics
    • Others 

By End User

  • Hospital
  • Clinics
  • Others

By Region 

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil 
    • South Africa
    • Saudi Arabia 
    • Rest of LAMEA

Key Market Players 

  • Elektra Hellas S.A.
  • Starkstrom Ltd.
  • HIPAC
  • Brandon Medical Company Ltd, 
  • Unicorn Medicals
  • Ondal Medical Systems
  • BeaconmedÆS
  • Megasan Medika
  • Shanghai Pax Medical Instrument Co., Ltd.
  • Tedisel Medical S.L.

Single-arm Medical Pendant Market Report Highlights

Aspects Details
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By APPLICATION
  • Surgery
  • Anesthesia
  • Endoscopy
  • Intensive care unit (ICU)
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By Type
  • .Fixed medical pendant
  • Moveable medical pendant
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By END USER
  • Hospitals
  • Clinics
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

.BRANDON MEDICAL COMPANY LTD ., UNICORN MEDICALS., STARKSTROM LTD, MEGASAN MEDIKA., BEACONMEDAES LLC, HIPAC HEALTHCARE, ELEKTRA HELLAS S.A., ONDAL MEDICAL SYSTEMS GmbH, MEDTRONIC PLC., TEDISEL MEDICAL S.L

Analyst Review

Single-arm medical pendant is a system designed to support high load of instruments in areas such as operating theaters or intensive care units. These pendants are provided by highly maneuverable arms with sufficient range to be able to reposition the bed space to suit specific nursing practices without risk of entanglement or occlusion.

Factors such as rise in sale of single-arm medical pendant system and increase in number of surgical procedures every year are the major factor anticipating to foster the growth of market. In addition, increase in investment in R&D activities to develop innovative products, surge in geriatric population, and rise in number of chronic diseases drive the growth of the market. However, use of high cost of single-arm medical pendant market, dearth in professional technicians to operate these systems, and stringent rules & regulations associated with the product approval are major the factors that will hinder the market growth in upcoming years.

Author Name(s) : Sushant Terdale | Roshan Deshmukh
Frequently Asked Questions?

The total market value of Single Arm Medical Pendant is $ 516 million in 2030

The forecast period in the report is from 2021 to 2030

The market value of Single Arm Medical Pendant in 2020 was 278 million

The base year for the report is 2020

Yes, Single Arm Medical Pendant Market companies are profiled in the report

The top companies that hold the market share in Single Arm Medical Pendant Market are Ondal Medical Systems, BeaconmedÆS, Megasan Medika, Shanghai Pax Medical Instrument Co., Ltd., and Tedisel Medical S.L

No, there is no value chain analysis provided in the Single Arm Medical Pendant Market report

The key trends in the Single Arm Medical Pendant Market are technological advancements in single-arm medical pendants; rise in number of healthcare professionals, clinics, hospitals, and other healthcare centers;

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Single-arm Medical Pendant Market

Global Opportunity Analysis and Industry Forecast, 2021-2030