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Ceiling Supply Units Market Research Report and Global Outlook, 2017-2025
Ceiling Supply Units Market: Drivers and Restraints
Some other factors expected to drive the market for ceiling supply units growth include the continuous increase in the number of surgical procedures, rapidly increasing elderly population and technological advances in the area regarding product development. One of the clauses of the U.S. Patient Protection and Affordable Care Act (PPACA) that reveals an excise tax of 2.3% on medical devices may serve the overall market as a restraint as it will impose an extra burden on medical device manufacturers.
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Well established ceiling supply units improve workplace efficiency by lifting devices off the floor, incorporating outlets and positioning them directly to the acute point of care. Its modular design can be tailored to suite any care areas’ requirements, from surgical, endoscopic anesthesia and diagnostics applications as well as intensive care units.
Ceiling Supply Units Market: Overview
The medical sector is highly regulated. This especially holds true for ceiling supply units installations which is one of an essential hospital system where safety, quality, and reliable operation plays a vital role. Increasing prevalence of lifestyle diseases, rising demand for patient handling equipment’s, and various initiatives taken by government programs to promote safe patient handling, growing the aging population, increased healthcare expenditure, and improved healthcare infrastructure is some of the factors which support the growth of the ceiling supply units market globally.
Ceiling Supply Units Market: Region-wise Outlook
Regionally, the market can be segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. A growing geriatric population, the increasing prevalence of chronic diseases, technological advances, an increasing number of healthcare establishments, and demand for better healthcare services are major drivers for the ceiling supply units market in North America and Europe. Moreover, an increasing number of hospitalization cases and rising healthcare expenditure are other factors supporting the growth of the ceiling supply units market in Europe. However, a dearth of trained medical professionals to handle patients in critical condition obstructs the growth of this market. Asia-Pacific is expected to show high growth rate owing to factors such as emerging economies and high unmet surgical needs and continuously improving reimbursement scenario. The rapidly evolving medical tourism industry in countries such as India, Singapore, Malaysia, Thailand and South Korea also propels major healthcare providers to equip themselves with latest surgical devices which act as a significant growth driver for the ceiling supply units market.
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Ceiling Supply Units Market: Key Players
Some of the major market players of ceiling supply units market include Drager, Sismatec, Pneumatik Berlin, Tedisel Medical, Starkstrom, TLV Healthcare, Novair Medical, Brandon Medical, KLS Martin, MZ Liberec, Surgiris, and Trumpf. Increasing numbers of mergers and acquisitions, a rise in the number of collaborations and partnerships are some of the latest trends observed in the ceiling supply units market.
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