Medical Pendant Market Research, Agency, Business Opportunities with New Players
Medical pendant 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.
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Global Medical Pendant Market – Segments
For 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-World.
Global Medical Pendant Market – Regional Analysis
The 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&D 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.
Moreover, the availability to develop advanced technologies alongside the
presence of well-established infrastructure that enables a suitable environment
for the development as well as the early implementation of advanced
technologies helps to increase the size of the market to an extent.
The medical pendant market in the European region is another
lucrative market, globally.
The market is predominantly led by robust healthcare
penetration and high per capita income in the region.
Besides, additional factors such as the increased funding
and the support from the public & private sectors for R&D activities
and the resurging economy in the region that is playing a vital role in growing
consumers purchasing power are providing impetus to the growth of the regional
market. Germany with its flourishing medical devices market dominates the
regional market whereas, the UK medical pendant market accounts for the
second-significant market in the region.
The Asia Pacific medical pendant market is rapidly emerging
as a profitable market, globally. Factors such as the vast technological
advancements and the high uptake of these advanced technologies foster the
growth of the regional market. Some of the technologically sound countries such
as India, China, South Korea, and Japan are innovating technologically advanced
pendants which as a result is keeping the APAC at the forefront of the
competition.
Global Medical Pendant Market – Competitive Analysis
Highly competitive, the medical pendant market appears to be
fragmented due to the presence of many large and small-scale players. They make
substantial investments in R&D to develop advanced pendants. High growth
opportunities that the market demonstrates are attracting several new entrants
to the market, intensifying the competition further in the already fiercely
competitive market.
These players also incorporate strategic initiatives such as
collaboration, acquisition, expansion, partnership, and product &
technology launch to gain an edge over their competitors, maintaining their
positions in the market.
Major Players:
Key players leading the global medical pendant market
include Ondal Medical Systems GmbH, Skytron LLC, Megasan Medikal, MEDIMAXKOREA,
Elektra Hellas S.A., Tedisel Medical, Starkstrom, Brandon Medical Co. Ltd.,
Surgiris, and BeaconMedæs among others.
Industry/ Innovation/ Related News:
September 17, 2018 ---- New Scale Technologies, Inc. (the
US), a leading global technology company involved in designing, developing, and
manufacturing custom precision motion systems for medical and other markets
announced that of its division - New Scale Robotics has received Universal
Robots certification for its NSR-PG-10-20-UR Precision Parallel Gripper.
Universal Robots certification confirms that the smart gripper is fully
compatible with UR collaborative robots and meets all published specifications.
Teachable finger positions that can move to the desired
positions and set using the UR teach pendant is one of the key features of the
NSR-PG-10-20-UR precision parallel gripper. The gripper’s small size, high
precision, and seamless integration ensure return on investment for our
customers. The NSR-PG smart gripper is intended explicitly for small robots and
small parts. Or the collaborative robots that intricate part handling,
measurement, sorting, and assembly.
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Contact:
Akash Anand
Market Research Future
+1 646 845 9312
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