- Report ID: BMRC 1355 | Number of pages: 200 | Publish Date: Oct 2020
Status: Published | Category: Medical Device | Delivery Timeline:
Medical Carts Market is valued at USD 1927.8 Million in 2019 and expected to reach USD 4901.5 Million by 2026 with the CAGR of 14.26% over the forecast period.
Global Medical Carts Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2026- Rising need for rapid and easy accessibility to medical supplies, improving focus on patient safety, nursing efficiency and growing development in advanced technologies such as telemedicine are the major factors driving the growth of Global Medical Carts Market.
Scope of Global Medical Carts Market Report-
The set of trays/shelves on wheels which are used in hospitals for carrying and providing emergency medication at the site of medical emergency for life support protocols are known as medical carts. The medical carts are used for carrying instruments for medical supplies. These are the leading choice of health professionals to provide top quality and strength at value prices. Some of the medical carts are used as per the need such as emergency carts, procedure carts, treatment carts, telemedicine, anesthesia carts, nursing crash carts and many more.
Global Medical Carts Market is segmented on the basis of type and Application. On the basis of type, the global medical carts market is segmented into anesthesia carts, emergency carts, procedure carts and others. On the basis of application, the global medical carts market is classified into hospitals, ambulatory surgical centers, physician offices or clinics and others.
The regions covered in this Medical Carts Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Medical Carts is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Globally Manufacturers such as AFC Industries, Ergotron, Inc, ITD GmbH, Enovate Medical, JACO Inc., Advantech Co., Ltd, Advantech Co., Ltd, Medline Industries Inc., Hergo Ergonomic Support Systems, Inc., Performance Health and many others are contributing in the Market Growth.
Distec Partnered with Howard Medical to Launch Advanced Mobile Carts.
August 29th, 2018; Distec has partnered with US healthcare technology specialist, Howard Medical, to launch a range of advanced mobile carts in the UK and Ireland. The carts, manufactured by Howard Medical, enable healthcare professionals to not only maximize investments, but increase efficiency and enhance patient care. They are equipped with a wide range of features including intelligent ergonomics, on-demand steer assist technology, a long battery life, and flexible storage, all designed to be completely customizable to work within any specialist department.
Increasing Investment on Healthcare Infrastructures is One of the Major Factors Driving the Market Growth.
A medical cart or trolley is a wheeled cabinet with drawers and trays that is used in various surgical, medical, and therapeutic modalities to keep drugs, tools, equipment, and medical devices for the specified treatment. According to India Brand Equity Foundation, the Government of India is planning to increase public health spending to 2.5% of the country's GDP by 2025 and Per capita GDP of India is expected to reach US$ 3,273.85 in 2023 from US$ 1,481.56 in 2012. Hence, growing investment on healthcare infrastructures in emerging countries, such as India and China, foster the demand for medical carts.
In addition, technologically advanced mobile computing carts have a battery-operated system consisting of a lithium iron phosphate battery which is further expected to supplement the market growth for medical carts. Furthermore, increasing emphasis on improving nursing efficiency, growing need to curtail hospital costs, and rising importance of quick and easy accessibility to critical medical supplies and equipment in hospitals are also fostering the market growth. However, lack of skilled professionals and high cost of customized medical carts may hamper the market growth.
Key Benefits for Global Medical Carts Market Report–
Global Medical Carts Market Segmentation:–
North America is Expected to Dominate the Global Medical Carts Market.
Geographically, global medical carts market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to dominate the global medical carts market due to the presence of streamlined healthcare operations and availability of integrated healthcare IT systems to maintain EHR. The medical device manufacturers are focusing on developing new technologically advanced products such as clinical workstations with batteries, automated dispensing systems and security drawers which is further supplementing the market growth. The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period due increasing investment by global players in this region due to the low costs of labor and raw materials.
By Regional & Country Analysis:
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Medical Carts Market Size By Type ( Anesthesia Carts, Emergency Carts, Procedure Carts, Others), By Application (Hospitals, Ambulatory Surgical Centers, Physician Offices or Clinics, Others) Forecast Report 2020 to 2026