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Medical Pendant Market Is Estimated To Exhibit At USD 845.51 Million By 2030

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  San Francisco, 13 March 2023:  The Report   Medical Pendant Market  Size, Share & Trends Analysis Report By Product (Fixed, Fixed Retractable, Single Arm Movable, Double & Multi-arm Movable), By Application, By Capacity, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global medical pendant market is anticipated to reach USD 845.51 million by 2030, registering a CAGR of 6.69% during the forecast period, according to a new report by Grand View Research, Inc. Increasing volume of chronic care patients and rising investments in healthcare infrastructural development are the factors expected to boost demand for medical pendants. The rise in number of patients needing medical care is expected to propel the medical pendant market growth. For instance, escalating geriatric population, surging prevalence of chronic and infectious diseases has caused in a significant growth in hospital admissions for critical care. This in turn has led to uplifting demand for the medical