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Medical Carts Market by Product Type (Emergency Carts, Procedure Carts, Anaesthesia Carts, Computer Medical Carts, Other Product Types), Energy Source (Powered, Non-Powered), Material Type (Metal, Plastic, Wood), End User), & Region – Forecast 2022 – 2028

Medical Carts Market by Product Type (Emergency Carts, Procedure Carts, Anaesthesia Carts, Computer Medical Carts, Other Product Types), Energy Source (Powered, Non-Powered), Material Type (Metal, Plastic, Wood), End User), & Region – Forecast 2022 – 2028

Medical Carts Market - Analysis, Outlook, Growth, Trends, Forecasts

Medical Carts Industry Snapshot

[170 Pages Report] The global Medical Carts Market is slated to enjoy a valuation of US$ 3.4 Bn in 2022, and is predicted to surge at a CAGR of 7.8% to reach US$ 5.3 Bn by the end of 2028.

Medical Carts Market Size (2022)

US$ 3.4 Bn

Sales Forecast (2028)

US$ 5.3 Bn

Estimated Market Growth Rate (2022-2028)

7.8%  

Dominant End User

Hospitals

Region with Highest Market Share

North America - 64.2%

These medical carts market statistics are provided in a revised study by skilled analysts at Future Market Insights.

Sales revenue from medical carts accounts for 3/10 share in the global medical furniture market. Mobile medical carts are gaining impetus as the use of mobile technologies in the healthcare industry increases.

Demand Analysis of Medical Carts (2013 to 2021) Vs Market Predictions (2022 to 2028)

The healthcare industry has seen some major changes over the past few years, led by digitization and technological proliferation. Medical carts or medical trolleys are an essential part of healthcare infrastructure, as they are crucial in delivering important healthcare services to patients and are also an important part of healthcare facilities.

Medical carts with drawers also provide storage and ensure the safety of healthcare supplies and medications that are transported in them. The prices of medical carts are also very affordable and make them a preferred choice for use across healthcare institutions. Medical carts on wheels are the most popular in large healthcare institutions and are expected to follow the same trend through the forecast period as well.

Medical trolleys play an essential role in the transportation of medication, medical equipment, supplies, etc., in healthcare facilities. Demand for medical carts has increased substantially as the rate of hospitalization has increased over the years.

Apart from this, increasing number of healthcare facilities, rising product innovations, increasing popularity and adoption of mobile healthcare technologies, and increasing healthcare expenditure are some of the major factors guiding demand growth of medical supply carts on a global scale.

Demand for medical carts is anticipated to surge at a CAGR of 7.8% over the forecast period.

How are Sales of Medical Carts Expected to Perform across Regional Markets?

This research details the global medical carts industry across North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA), and provides valuable insights on the demand for emergency carts, procedure carts, anaesthesia carts, and computer medical carts across these regions.

The North American medical carts market dominates the global landscape and is slated to hold a whopping 64.2% market share in 2022. Demand for medical carts in the region is especially high due to increasing healthcare expenditure and spending.

Developed healthcare infrastructure and high technological proliferation in the North American region makes it a very lucrative market for medical cart producers.

The Europe medical carts market trails North America and holds the second-highest market share of 18.6%. Demand for medical carts in the region is crucially driven by developed healthcare infrastructure and increasing healthcare spending backed by government initiatives.

Demand for medical carts in East Asia, South Asia, and the Pacific is expected to see a steady rise over the coming years. These regions are expected to provide the most opportunities for medical cart manufacturers as they are home to many emerging and developing economies that are still developing their healthcare infrastructure.

Sales of medical carts in the MEA region, especially anesthesia medical carts, are expected to exhibit strong growth attributed to rising healthcare awareness and developing healthcare infrastructure in the region.

Medical Carts Market - Country-wise Analysis

How are Sales of Medical Carts and Workstations Expected to Perform in the U.S.?

The U.S. has one of the most developed and advanced healthcare infrastructure in the world, and is a lucrative market for all healthcare products and services. Use of mobile technologies in the healthcare industry in the U.S. has increased substantially over the years, and medical carts play a crucial role in the effective use of these mobile technologies.

Apart from this, the nation has seen an increase in the rate of hospitalization due to the prevalence of diseases that require care in a professional environment. Increasing healthcare expenditure is also expected to boost sales of medical carts and medical cart technology in the U.S.

Is Adoption of Medical Carts Expected to Rise in India?

India has proven to be a very lucrative market for healthcare products and services, as the nation has a developing healthcare infrastructure. Demand for medical carts in India is expected to see a steady rise over the forecast period as the nation sees an increase in healthcare expenditure.

India has a massive population that provides attractive opportunities for various medical device and service providers. As the healthcare infrastructure develops, there will be a rise in healthcare facilities in the nation, which will subsequently boost sales of medical carts in India.

Medical Carts Market - Category-wise Analysis

Which End User is Set to Dominate Demand for Medical Carts?

Demand for metal medical carts, plastic medical carts, and wooden medical carts for hospitals is extremely high, and this trend is expected to be prominent over the forecast period as well. Demand for medical carts from diagnostic centers is expected to rise at a significant CAGR.

Meanwhile, demand growth from ambulatory surgical centers and clinics is expected to increase at a steady pace over the forecast years.

Medical Carts Market - COVID-19 Crisis Impact

The healthcare industry saw a major change in the pandemic that hit the world in the first quarter of 2020. The spread of coronavirus in 2020 completely brought the world to a standstill and halted the world as it had never been before.

To deal with the pandemic, healthcare systems across the world proved inefficient and this has forced the governments to rethink their healthcare infrastructure which has led to many nations revamping their healthcare systems with more technology to reduce human input at the time of crisis like the COVID-19 pandemic.

Technological proliferation in the healthcare industry has substantially increased and this trend is expected to drive demand for various medical devices and medical services as well.

The medical carts industry is expected to have a strong growth in the post-pandemic era as the world revamps its healthcare facilities in many ways. It is also anticipated that there would be a rise in demand for mobile technologies in the healthcare industry which would also prove beneficial for the sales of medical carts.

Medical Carts Market - Competitive Landscape

Medical cart manufacturers are focusing on developing new and innovative products to meet growing demand from multiple end user segments. Key players in the medical carts market are also focusing on mergers and collaborations to expand their geographical presence and boost sales revenue.

  • In April 2020, HUI Manufacturing, a company that designs budget-friendly medical carts, announced the launch of its new standard medical cart. The VersaPlus is a small footprint cart that is versatile enough to be used for multiple applications.
  • In November 2021, GAMA Healthcare, a leading name in the infection prevention products industry, announced the launch of a mobile cart that expands into a HEPA air-filtered isolation room. This is the world’s first portable isolation solution and is expected to change the direction of medical cart innovations.

Medical Carts Industry Report Scope

Attribute

Details

Forecast Period

2022-2028

Historical Data Available for

2013-2021

Market Analysis

US$ Mn for Value, Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • Turkey
  • South Africa
  • and GCC Countries

Key Market Segments Covered

  • Product Type
  • End User
  • Material Type
  • Energy Source
  • Region

Key Companies Profiled

Pricing

Available upon Request

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Key Segments of Medical Carts Industry Survey

By Medical Carts Market by Product Type:

  • Emergency Carts
  • Procedure Carts
  • Anaesthesia Carts
  • Computer Medical Carts
  • Other Product Types

By Medical Carts Market by End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Centres
  • Other End Users

By Medical Carts Market by Material Type:

  • Metal Medical Carts
  • Plastic Medical Carts
  • Wooden Medical Carts

By Medical Carts Market by Energy Source:

  • Powered Medical Carts
  • Non-Powered Medical Carts

By Medical Carts Market by Region:

  • North America Medical Carts Market
  • Latin America Medical Carts Market
  • Europe Medical Carts Market
  • East Asia Medical Carts Market
  • South Asia & Pacific Medical Carts Market
  • Middle East & Africa (MEA) Medical Carts Market

Key Questions Answered in the Report

How much is the medical carts market worth?

The global medical carts market is currently worth US$ 4.5 Bn.
The North America medical carts market holds a mammoth share of 64.2% in the global landscape.
These medical carts market insights suggest the industry to rise at a CAGR of 7.8%.
Key manufacturers of medical carts are Omnicell Inc., InterMetro Industries Corporation, Armstrong Medical Industries Inc., Capsa Solutions LLC, Medline Industries Inc., Midmark Corporation, The Bergmann Group, and ITD GmbH.
Key medical cart suppliers are working towards introducing new, innovative products into the market.
Sales revenue from medical carts is predicted to reach US$ 5.3 Bn by the end of 2028.

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