Middle East & Africa Medical Pendant Market Size & Outlook
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MEA medical pendant market highlights
- The MEA medical pendant market generated a revenue of USD 27.2 million in 2022.
- The market is expected to grow at a CAGR of 7% from 2023 to 2030.
- In terms of segment, fixed was the largest revenue generating product in 2022.
- Double and Multi-arm Movable is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 27.2 million |
| Market revenue in 2030 | USD 46.4 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Fixed |
| Fastest growing segment | Double and Multi-arm Movable |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed, Fixed Retractable, Single Arm Movable, Double and Multi-arm Movable, Accessories |
| Key market players worldwide | Starkstrom Group, Brandon Medical, Skytron, Surgiris, BeaconMedaes, Tedisel Medical, Ondal Medical Systems, Megasan Medikal |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.4% of the global medical pendant market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 201.3 million by 2030.
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Medical Pendant Market Scope
Medical Pendant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Megasan Medikal | View profile | 101-250 | Batikent, Ankara, Turkey, Europe | https://megasan.com.tr |
| Tedisel Medical | View profile | 11-50 | Barcelona, Catalonia, Spain, Europe | https://tediselmedical.com |
| Surgiris | View profile | 11-50 | Croix, Pays de la Loire, France, Europe | https://www.surgiris.com |
| Starkstrom Group | View profile | - | Ruislip, Hillingdon, United Kingdom, Europe | http://www.starkstrom.com/ |
| Brandon Medical | View profile | 101-250 | Leeds, Leeds, United Kingdom, Europe | https://www.brandon-medical.co.uk |
| Skytron | View profile | 101-250 | Grand Rapids, Michigan, United States, North America | https://www.skytron.com/ |
| Ondal Medical Systems | View profile | 501-1000 | Hünfeld, Hessen, Germany, Europe | http://www.ondal.com/ |
| BeaconMedaes | View profile | 251-500 | Rock Hill, South Carolina, United States, North America | http://www.beaconmedaes.com/ |
Middle East & Africa medical pendant market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical pendant market will help companies and investors design strategic landscapes.
Fixed was the largest segment with a revenue share of 34.19% in 2022. Horizon Databook has segmented the Middle East & Africa medical pendant market based on fixed, fixed retractable, single arm movable, double and multi-arm movable, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East countries such as Saudi Arabia, Qatar, United Arab Emirates (UAE), Kuwait, and Oman are prospering economies. Rising R&D spending in these countries is expected to contribute to market growth during the forecast period.
The healthcare system in Saudi Arabia is outperforming due to the continuous efforts of governments and corporates. It is among the most lucrative markets for medical devices in the Middle East and thus, holds significant potential for medical pendants.
The country is technology-driven and is constantly striving to introduce modern methods for diagnosis and treatment within the healthcare industry. This is expected to drive the growth of the medical pendant market in Saudi Arabia during the forecast period.
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Our clientele includes a mix of medical pendant market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa medical pendant market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical pendant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA medical pendant market size, by country, 2018-2030 (US$M)
Middle East & Africa Medical Pendant Market Share, 2022 & 2030 (US$M)
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