NEW YORK, April 28, 2021 /PRNewswire/ —
The patient lift pendant market is expected to grow by USD 28.82 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the patient lift pendant market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
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The patient lift pendant market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Major Three Patient Lift Pendant Market Participants:
Amico Group of Companies
Amico Group of Companies offers the Patient Lift Pendant as a key product. The patented Amico Patient Lift Pendant focuses on patient safety, clinician safety, and room flexibility. The PLP can hold up to 700 lbs with a single GoLift, or 1000 lbs with two GoLift 700 systems.
Arjo AB offers the Maxi Sky 2 Series which is a part of the Arjo ever-evolving Maxi Sky range as a part of their key product.
Atlas Copco AB
Patient lift pendant as the key product, Atlas Copco AB offers ceiling pendants and other pendants.
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Patient Lift Pendant Market 2021-2025: Segmentation
The patient lift pendant market is segmented as below:
o Intensive Care Unit
o Operating Rooms
o North America
The patient lift pendant market is driven by the growing prevalence of disabilities. In addition, the increasing number of healthcare establishments is expected to trigger the patient lift pendant market toward witnessing a CAGR of over 6% during the forecast period.
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- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report Page: https://www.technavio.com/report/patient-lift-pendant-market-industry-analysis
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