According to FutureWise analysis the market for single-arm medical pendant in 2023 is US$ 0.33 billion, and is expected to reach US$ 0.55 billion by 2031 at a CAGR of 6.7%.
A single-arm medical pendant is a system that provides proper positioning and arrangement of equipment, terminal units, medical gas, specialty, electrical services, and other surgical assistance materials during surgical or medical procedures. Systems are mounted on a hospital ceiling with stainless steel flanges attached to supporting rods, with a robust carcass system. With single-arm medical pendants, medical tasks and procedures can be performed more easily, while monitoring equipment can be placed safely along with maximizing room in the operating room and critical care area to enable staff to provide effective patient care around the patient bed. Gas supply medical equipment is an essential part of a modern operating room. In the operating room, it is used primarily to transfer oxygen, suction, compressed air, nitrogen, and other medical gases. Elevation and lowering of the equipment platform are controlled by a motor, which is safe and reliable.
In addition to making the platform level, the balanced design ensures safety for the equipment. In the global single-arm medical pendant market, technological advancements, the rise in the number of healthcare professionals, clinics, hospitals, and other healthcare centers, and the rise in number of surgeries are major drivers. Furthermore, the increasing number of endoscopy procedures and technological advancements create opportunities for existing players and new entrants. However, a lack of professional technicians to operate these systems as well as strict rules
regulations associated with product approval hinder market growth. As a result, the development of new technologically advanced products and growing attention to expand the use of single-arm medical pendants is expected to boost the market's growth.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Single-arm Medical Pendant Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Single-arm Medical Pendant Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.