Medical Carts Market Analysis, Industry Overview, Size, Share, Trends and Growth Outlook
Medical Carts Market to Reach USD 9.20 Billion by 2030, Driven by Growing Adoption of Mobile Healthcare Solutions
AUSTIN, TEXAS, UNITED STATES, March 12, 2024 /EINPresswire.com/ -- The global medical carts market is witnessing remarkable growth, propelled by the increasing adoption of mobile healthcare solutions, technological advancements in medical cart design, and the rising demand for efficient patient care delivery.According to SNS Insider, the Medical Carts market was estimated at USD 2.64 billion in 2022 and is poised to reach USD 9.20 billion by 2030, anticipated to expand at a Compound Annual Growth Rate (CAGR) of approximately 16.88% for the forecast period of 2023-2030.
The Medical Carts Market Report offers a comprehensive analysis of the global medical carts market, providing insights into key trends, challenges, and growth opportunities. This report delves into various factors influencing the market such as technological advancements in healthcare facilities, increasing demand for efficient patient care delivery systems, and rising prevalence of chronic diseases. It outlines the competitive landscape, highlighting key players and their strategic initiatives to gain a competitive edge in the market. The report also covers market segmentation based on product type, end-user, and geography to provide a detailed understanding of different market dynamics. Additionally, it discusses regulatory frameworks and standards governing medical carts manufacturing and distribution. Overall, this report serves as a valuable resource for industry stakeholders looking to make informed decisions in the rapidly evolving medical carts market.
Medical carts serve as essential components of healthcare facilities, providing clinicians with mobile workstations equipped with medical devices, supplies, and patient records to facilitate point-of-care delivery. These carts enhance workflow efficiency, promote care coordination, and improve patient safety, driving their adoption across hospitals, clinics, ambulatory surgical centers, and long-term care facilities worldwide.
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Major Key Players in the Medical Carts Market:
• Ergotron Inc
• ITD GmbH
• Godrej Interior Healthcare
• Capsa Healthcare
• Enovate Medical
• Touch Point Medical
• JACO Inc
• Advantech Co. Ltd
• Harloff Manufacturing Co
• Medline Industries Inc
• Holo Industries LLC
• Armstrong Medical Inc
• McKesson Medical-Surgical Inc
• Omni cell Inc
• Altus Health Systems
• Compu Caddy
Key factors driving the growth of the medical carts market include:
• Rising Demand for Point-of-Care Solutions: The increasing demand for point-of-care solutions, driven by the need for real-time access to patient data and medical supplies, is fueling the adoption of medical carts equipped with integrated technology, such as electronic health records (EHRs), barcode scanners, and medication dispensing systems.
• Technological Advancements in Cart Design: Ongoing advancements in medical cart design, including ergonomic features, customizable configurations, and smart connectivity options, are enhancing usability, maneuverability, and user experience, driving market growth.
• Emphasis on Infection Control and Sterility: With the growing focus on infection control and prevention in healthcare settings, there is a rising demand for medical carts designed with antimicrobial surfaces, easy-to-clean materials, and sealed compartments to minimize the risk of cross-contamination and ensure patient safety.
• Expansion of Telemedicine and Remote Monitoring: The expansion of telemedicine platforms and remote monitoring technologies is driving the adoption of mobile medical carts equipped with telehealth capabilities, enabling clinicians to conduct virtual consultations, monitor patients remotely, and deliver care outside traditional healthcare settings.
Key Segments Covered in Medical Carts Market Report:
By Product
➤Mobile Computing Carts
◘ By Application
• Documentation
• Equipment
• Medication Delivery
• Tele health Workstation
• Others
◘ By Energy Source
• Powered
• Non powered
➤Wall-mounted Workstations
➤Medication
➤Medical Storage Columns, Cabinets, & Accessories
➤Others
The emergency cart segment currently dominates the market, offering easy-to-clean devices fully equipped for emergencies. The procedure segment is gaining popularity due to its high utility in various hospital settings, particularly in procedures like endoscopy and cardiology.
By Type
• Anaesthesia
• Emergency
• Procedure
• Others
By End-Use
• Hospitals
• Ambulatory Surgical Centers
• Physician Offices or Clinics
• Others
Hospitals lead in adopting medical carts, driven by advancements in technology and mobile medical workstations. Physician offices or clinics are expected to witness a balanced rise, as they seek efficient, space-saving solutions for diverse medical needs.
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Regional Dynamics
North America dominates the medical carts market, propelled by a high prevalence of musculoskeletal injuries and technological advancements. Asia Pacific is anticipated to experience the highest growth, driven by improving healthcare infrastructure, rising musculoskeletal injuries, and increased adoption of electronic medical records, especially in countries like India and China.
Key Takeaways for the Medical Carts Market:
-The medical carts market is set to reach USD 9.20 Billion by 2030.
-Growing focus on efficiency, patient safety, and technological advancements are key growth drivers.
-North America leads the market, while Asia Pacific is expected to witness the highest growth.
Recent Developments:
-September 2020: Ergotron introduced the StyleView Pole Cart, a compact mobile cart for healthcare, industrial, and educational environments, facilitating telehealth and remote learning.
-February 2020: Ergotron partnered with Ingram Micro to provide medical carts for two hospitals in Wuhan, China, during the COVID-19 pandemic, aiding in telemedicine and processing electronic medical records.
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Akash Anand
SNS Insider Pvt. Ltd
+1 415-230-0044
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