MEA Medical Pendant Market

MEA Medical Pendant Market Size (2023 to 2028)

The size of the Medical Pendant Market in the Middle East and Africa is estimated to grow at a significant CAGR during the forecast period.

Medical pendants are very useful to healthcare professionals to maintain proper workflow in hospitals, clinics, and various healthcare centers while performing surgeries and other procedures. Medical pendants also play a very crucial role in maintaining patient safety and time maintenance.

Factors such as increased population with high geriatric ratios, increased prevalence of chronic diseases such as cancers, diabetes, cardiovascular diseases, neuron disorders, etc. increase the market size for the medical pendant market. The increased number of hospitals and their establishment in this region will increase market revenue for the medical pendant market. Demand for medical pendants in intensive care units is a vastly growing market size. 

Due to the least literacy rate in African countries, there is a lack of awareness of the medical healthcare market. It shows a substantial negative impact on the market. Factors such as high-end cost setups for these devices and the least funding due to pandemics restrict the medical pendants market. The maintenance costs and inadequate reimbursement also plans negatively impact the market. For operating all the procedures, a lot of skilled workers are needed daily. Hence the lack of skilled workers and staff in this market will cause low market value. The stringent regulations for approval made this market restricted to growth. The repeated quality check and control of medical devices such as medical pendants are hard to process. Lowest medical professionals are recorded in some regions across Latin America, and this hampers the market growth.

This research report on the Middle East and Africa Medical Pendant market has been segmented based on application, type, and region.

By Application:

• Anesthesia
• Endoscopy
• Intensive Care Unit (ICU)
• Surgery

By Type:

• Fixed
• Double Multi-Arm
• Fixed Retractable
• Single Arm

By Country:

• KSA
• UAE
• Israel
• rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• rest of MEA

Regionally, the Middle East and Africa have an untapped market, and key players are slowly expanding to this region, which is the main reason for the growth of the market in this region. The Middle East and African countries expect a slow growth rate in the medical pendants market. It is due to the least healthcare expenditure and lowest countries economy; also, the healthcare professionals and medical staff are the lowest in number comparatively. However, Saudi Arabia and Arab states expect the largest shares in this market due to factors such as high elderly population, increased chronic diseases, increased awareness of healthy lifestyles and activities, high healthcare expenditure, and infrastructure. 

Elektra Hellas S.A., Brandon Medical Company Ltd, Unicorn Medicals, Starkstrom Ltd, Hipac, Shanghai PAX Medical Instrument Co., Ltd., Ondal Medical Systems, BeaconMeds, Megasan Medika, and Tedisel Medical S.L. are the key players in the Middle East and Africa Medical Pendant market.