Medical pendent systems can be expensive and require professional technicians for proper operation and installation. These pendants can be differentiated into active and passive alarm devices. Active devices require impetus from user to trigger the alarm, whereas the passive device monitors the wearer and raises an alarm based on lack or fall of activity.

The growth of medical pendant market is driven by increase in demand for pendent systems in ICU and operating theaters, and surge in adoption of wireless systems. Technological advancements in medical pendants and wearable monitoring systems are expected to fuel the demand for medical pendants. However, high cost of these pendants and lack of professional technicians may hamper the market growth.

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The global medical pendant market is segmented based on product, application, and region. Based on product, it is classified into fixed, fixed retractable, single arm movable, and double multi-arm movable pendants. Based on application, it is categorized into surgery, endoscopy, anesthesia, and intensive care unit. Based on region, it is analyzed across North America, Europe, Asia Pacific, and LAMEA. These regions are further analyzed across the country level to determine the market size and forecast for each segment and sub-segment.
Comprehensive competitive analysis and profiles of major players, such as Elektra Hellas S.A., Starkstrom Ltd., Hipac, Brandon Medical Company Ltd, Unicorn Medicals, Ondal Medical Systems, BeaconMeds, Megasan Medika, Shanghai PAX Medical Instrument Co. Ltd., and Tedisel Medical S.L., are provided in this report.

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Key Benefits
• The study provides an in-depth analysis, current trends, and future estimations of the global medical pendant market to elucidate the imminent investment pockets.
• Extensive analysis is conducted by following key player positioning and monitoring the top competitors within the market framework.
• It offers a quantitative analysis from 2017 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities.
• Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
• Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.

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