China’s Market For Medical Pendants Is Expected To Rise Rapidly At A CAGR Of 9% By 2027

Healthcare

The global medical pendant market is projected to increase from a valuation of US$ 496.2 million in 2022 to US$ 652 million by 2027 and Expanding at a CAGR of 5.6%. China’s market for medical pendants is expected to rise rapidly at a CAGR of 9% and reach US$ 134 million by 2027.

Request Sample

Competitive Landscape

There are several significant participants in the moderately fragmented medical pendant industry. Market players are implementing a variety of growth strategies, including the launch of cutting-edge technologies and partnerships, mergers, acquisitions, and expansions.

  • The operating assets of MGES Inc., a service provider of medical gas solutions comprising the service and distribution of medical gas pendants, were bought by Atlas Copco (the parent company of BeaconMedaes LLC) in July 2019. The corporation was able to strengthen its business operations thanks to this backward integration method.
  • The WellBe Pendant, an innovative medical alert pendant with cutting-edge technologies to recreate how we call for assistance, locate dear ones, and interact in emergencies, was released in September 2021 by HandsFree Health, the creator of WellBe.

Key Segments in Medical Pendant Industry Research

  • By Product :

    • Fixed
    • Fixed Retractable
    • Single Arm Movable
    • Double & Multi-arm Movable
    • Accessories
  • By Application :

    • Surgeries
    • Endoscopies
    • Anesthesia
    • Intensive Care Units
    • Others
  • By End User :

    • Hospitals
    • Clinics
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Leave a Reply

Related Posts