Medical Pendant Market Overview By Product, Application, Capacity, End-Use, Region And Forecast Till 2027
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San Francisco, 28 Oct 2020: The Report Medical Pendant Market Size, Share & Trends Analysis Report, By Product (Fixed, Double & Multi-arm Movable), By Application (Intensive Care Unit (ICU), Surgery), By Capacity, By End Use, By Region, And Segment Forecasts, 2020 - 2027 The global medical pendant market size is anticipated to reach USD 639.2 million by 2027, expanding at a CAGR of 6.3%, according to a new report by Grand View Research, Inc. Increasing number of healthcare professionals, clinics, and other healthcare facilities along with the technological advancements is anticipated to drive the market. According to the Australian Government Department of Health, the number of doctors in Australia has increased from 85,491 in 2014 to 95,194 in 2017. In addition, as per the report by the Canadian Institute for Health Information, in 2018, there were around 89,911 physicians in Canada, representing around a 3.8% increase from 2017. Thus, an increasing number of healthcare