The latest research study “Medical Carts Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global medical carts market size reached a value of US$ 1.56 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.4 Billion by 2027, exhibiting a CAGR of 13.20% during 2022-2027.
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Medical carts are mobile trolleys commonly used for storing and shifting purposes in healthcare premises. They are manufactured using plastic, stainless steel, aluminum, and other materials, which are safe and appropriate for healthcare facilities. These carts have multiple compartments, trays, and drawers and are commonly used to transport equipment, drugs, and emergency supplies across medical facilities. They assist in efficiently maneuvering heavy medical devices as they comprise handles and wheels. As a result, medical carts are gaining immense traction across the globe.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Medical Carts Market Trends and Drivers:
The global medical carts market is primarily driven by the rising investments by public and private firms to upgrade the existing healthcare infrastructure. Moreover, numerous technological advancements, such as the widespread integration of touch displays personal computers (PCs) with medical carts, are positively influencing the market growth.
Additionally, the escalating demand for medical carts for providing safe administration of medications and treatment to patients is another major growth-inducing factor. Besides this, the surging adoption of the point-to-care approach across healthcare institutions has catalyzed market growth. Furthermore, the increasing burden of diseases due to time-sensitive injuries and illnesses, such as hypoxia, severe infections, and intentional and unintentional injuries, are contributing to market growth.
Other factors, including ongoing research and development (R&D) activities, the launch of innovative product variants, and significant growth in the healthcare sector, are also anticipated to drive the market further.
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| Medical Carts Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 1.56 Billion |
| Market forecast in 2027 | US$ 3.4 Billion |
| Growth Rate | CAGR of 13.20% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
Global Medical Carts Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Advantech Co. Ltd, Capsa Healthcare, Ergotron Inc (Melrose Industries plc), Herman Miller Inc, ITD Gmbh, Jaco Inc., Medline Industries LP, Midmark Corporation, Omnicell Inc., Performance Health, The Harloff Company and Waterloo Healthcare.
The report has segmented the market on the basis of region, product, type, material type and end use.
Breakup by Product:
- Mobile Computing
- Wall-Mounted Workstations
- Medication
- Storage Columns, Cabinets and Accessories
- Others
Breakup by Type:
- Anesthesia
- Emergency
- Procedure
- Others
Market Breakup by Material Type:
- Metal Type
- Plastic Type
- Others
Breakup by End Use:
- Hospitals
- Ambulatory Surgical Centers
- Physician Offices or Clinics
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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