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The medical cart solutions in North America are expected to be adopted at a rate of 4.7% through 2034. The size of the medical cart industry in North America is expected to catapult from US$ 2,255.10 million in 2023 to US$ 3,750.98 million by 2034.
Attributes | Details |
---|---|
Industry Size of Medical Cart in North America, 2024 | US$ 2,361.09 million |
Expected Industry Size of Medical Cart in North America, 2034 | US$ 3,750.98 million |
Forecast CAGR between 2024 to 2034 | 4.7% |
Top Trends Fueling the Adoption of Medical Carts in North America
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Attributes | Details |
---|---|
North America Medical Cart Industry Size (2023) | US$ 2,255.10 million |
The North America medical cart industry is projected to scale up from US$ 2,255.10 million in 2023 to US$ 3,750.98 million by 2034, registering a CAGR of 4.7% in the meanwhile. The following factors have been propelling growth of the industry:
Historical CAGR (2019 to 2022) | 5.6% |
---|---|
Forecast CAGR (2024 to 2034) | 4.7% |
The table below shows the competing markets alongside the medical cart industry in North America. For this study, the medical cart industry in North America, the microcatheter industry, and the surgical case carts industry are being examined. Based on the adoption rate, the surgical case cart industry is projected to expand at a significant pace of 7.5% CAGR, higher than the other two markets. On the valuation front, the medical cart industry in North America takes the leading share by attaining US$ 2,361.09 million in 2024.
Medical Cart Industry in North America:
Attributes | Medical Cart Industry in North America |
---|---|
CAGR (2024 to 2034) | 4.7% |
Industry Value (2024) | US$ 2,361.09 million |
Growth Factor | Constantly expanding healthcare industry |
Future Opportunities | Increasing acquisitions and partnerships |
Future Trends | Surging integration of medical cart with IT solutions |
Microcatheter Industry:
Attributes | Microcatheter Industry |
---|---|
CAGR (2024 to 2034) | 3.6% |
Industry Value (2024) | US$ 2.18 billion |
Growth Factor | Growing cases of cardiovascular diseases |
Future Opportunities | Surging demand for advanced minimally invasive techniques |
Future Trends | Rising inclination toward minimally intrusive surgeries |
Surgical Case Cart Industry:
Attributes | Surgical Case Cart Industry |
---|---|
CAGR (2024 to 2034) | 7.5% |
Industry Value (2024) | US$ 417.10 million |
Growth Factor | Increasing demand in ambulatory surgical centers propelling the growth of surgical case carts |
Future Opportunities | Surging government expenditure to enhance the medical facilities |
Future Trends | Growing focus to develop better and specialized versions of surgical case carts |
Country | The United States |
---|---|
Forecast CAGR % (2024 to 2034) | 5.2% |
The adoption rate of medical carts in the United States is projected to be 5.2% CAGR through 2034. The following factors are strengthening the size of medical carts in the country:
Country | Canada |
---|---|
Forecast CAGR % (2024 to 2034) | 6.2% |
As purchasing patterns of medical carts in Canada exhibit a comparatively higher CAGR through 2034, i.e., 6.2%, stakeholders are expected to take advantage of the brimming business opportunities for medical carts in the country. The following factors reveal the leading factors that are inducing growth in the medical cart industry in Canada:
Leading Product Type | Real-time Locating System |
---|---|
Value Share % (2024) | 36.80% |
The latest estimates by FMI analysts reveal that real-time locating system holds a prominent position in the medical cart industry of North America. The estimated figure for the total size of the real-time locating system segment is 36.80% in 2024. Mentioned below are the top factors backing the sales of real-time locating systems:
Leading End User | Diagnostic Centers |
---|---|
Value Share % (2024) | 36.80% |
Diagnostic centers are the leading consumers of medical carts. As per recent statistics for the overall scope of the medical cart industry in North America, the diagnostic center segment takes up 36.80% value share. The following factors are backing the extensive consumption of medical carts in the region:
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Key participants are concentrating their resources on developing distinctly new products that meet the demands of hospitals and enhance patient safety. Increasing hospital capacity to adopt medical equipment is projected to favor the sales and production of medical carts in North America. Leading players in the region are scaling up their production facilities to meet the surge in demand from multiple end users. Additionally, players are making their product portfolio robust by introducing new products with unique features for specific purposes.
Key Developments in the Medical Carts by Key Players Operating in North America:
Attribute | Details |
---|---|
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Industry Analysis | Units for Volume and US$ million for Value |
Key Regions Covered | North America, Latin America, Europe, Asia Pacific Except Japan, Japan, and the Middle East and Africa |
Key Countries Covered | The United States, Canada, Brazil, Mexico, Germany, the United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
Key Industry Segments Covered | End User, Material Type, Product Type, Energy Source, and Region |
Key Companies Profiled |
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The medical cart industry in North America is expected to reach US$ 2,361.09 million in 2024.
The anticipated CAGR through 2033 is 4.7%.
Demand for medical carts in North America is expected to be US$ 3,750.98 million by 2034.
Diagnostic centers prominently use medical carts.
Real-time locating system takes a considerable share of the industry in North America.
1. Executive Summary 1.1. North America Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Countries 3.10. Country Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product, 2023 to 2033 5.3.1. Emergency Cart 5.3.2. Procedure Cart 5.3.3. Medical Computer Cart 5.3.4. Anaesthesia Cart 5.3.5. Others 5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Product, 2023 to 2033 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Material 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material, 2023 to 2033 6.3.1. Metal 6.3.2. Plastic 6.3.3. Wood 6.4. Y-o-Y Growth Trend Analysis By Material, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Material, 2023 to 2033 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Energy Source 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Energy Source, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Energy Source, 2023 to 2033 7.3.1. Powered 7.3.2. Non-powered 7.4. Y-o-Y Growth Trend Analysis By Energy Source, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Energy Source, 2023 to 2033 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End User 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End User, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End User, 2023 to 2033 8.3.1. Hospitals 8.3.2. Clinics 8.3.3. Ambulatory Surgical Centres 8.3.4. Diagnostic Centres 8.3.5. Others 8.4. Y-o-Y Growth Trend Analysis By End User, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022 9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033 9.3.1. North America 9.4. Market Attractiveness Analysis By Region 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. USA 10.2.1.2. Canada 10.2.2. By Product 10.2.3. By Material 10.2.4. By Energy Source 10.2.5. By End User 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product 10.3.3. By Material 10.3.4. By Energy Source 10.3.5. By End User 10.4. Key Takeaways 11. Key Countries Medical Carts Industry Analysis and Outlook 11.1. USA 11.1.1. Pricing Analysis 11.1.2. Market Share Analysis, 2022 11.1.2.1. By Product 11.1.2.2. By Material 11.1.2.3. By Energy Source 11.1.2.4. By End User 11.2. Canada 11.2.1. Pricing Analysis 11.2.2. Market Share Analysis, 2022 11.2.2.1. By Product 11.2.2.2. By Material 11.2.2.3. By Energy Source 11.2.2.4. By End User 12. Market Structure Analysis 12.1. Competition Dashboard 12.2. Competition Benchmarking 12.3. Market Share Analysis of Top Players 12.3.1. By Country 12.3.2. By Product 12.3.3. By Material 12.3.4. By Energy Source 12.3.5. By End User 13. Competition Analysis 13.1. Competition Deep Dive 13.1.1. Herman Miller, Inc. 13.1.1.1. Overview 13.1.1.2. Product Portfolio 13.1.1.3. Profitability by Market Segments 13.1.1.4. Sales Footprint 13.1.1.5. Strategy Overview 13.1.1.5.1. Marketing Strategy 13.1.1.5.2. Product Strategy 13.1.1.5.3. Channel Strategy 13.1.2. Omnicell, Inc. 13.1.2.1. Overview 13.1.2.2. Product Portfolio 13.1.2.3. Profitability by Market Segments 13.1.2.4. Sales Footprint 13.1.2.5. Strategy Overview 13.1.2.5.1. Marketing Strategy 13.1.2.5.2. Product Strategy 13.1.2.5.3. Channel Strategy 13.1.3. The Harloff Company 13.1.3.1. Overview 13.1.3.2. Product Portfolio 13.1.3.3. Profitability by Market Segments 13.1.3.4. Sales Footprint 13.1.3.5. Strategy Overview 13.1.3.5.1. Marketing Strategy 13.1.3.5.2. Product Strategy 13.1.3.5.3. Channel Strategy 13.1.4. Capsa Solutions LLC 13.1.4.1. Overview 13.1.4.2. Product Portfolio 13.1.4.3. Profitability by Market Segments 13.1.4.4. Sales Footprint 13.1.4.5. Strategy Overview 13.1.4.5.1. Marketing Strategy 13.1.4.5.2. Product Strategy 13.1.4.5.3. Channel Strategy 13.1.5. Armstrong Medical Industries, Inc. 13.1.5.1. Overview 13.1.5.2. Product Portfolio 13.1.5.3. Profitability by Market Segments 13.1.5.4. Sales Footprint 13.1.5.5. Strategy Overview 13.1.5.5.1. Marketing Strategy 13.1.5.5.2. Product Strategy 13.1.5.5.3. Channel Strategy 13.1.6. Medline Industries, Inc. 13.1.6.1. Overview 13.1.6.2. Product Portfolio 13.1.6.3. Profitability by Market Segments 13.1.6.4. Sales Footprint 13.1.6.5. Strategy Overview 13.1.6.5.1. Marketing Strategy 13.1.6.5.2. Product Strategy 13.1.6.5.3. Channel Strategy 13.1.7. Waterloo Healthcare 13.1.7.1. Overview 13.1.7.2. Product Portfolio 13.1.7.3. Profitability by Market Segments 13.1.7.4. Sales Footprint 13.1.7.5. Strategy Overview 13.1.7.5.1. Marketing Strategy 13.1.7.5.2. Product Strategy 13.1.7.5.3. Channel Strategy 13.1.8. Ergotron, Inc. 13.1.8.1. Overview 13.1.8.2. Product Portfolio 13.1.8.3. Profitability by Market Segments 13.1.8.4. Sales Footprint 13.1.8.5. Strategy Overview 13.1.8.5.1. Marketing Strategy 13.1.8.5.2. Product Strategy 13.1.8.5.3. Channel Strategy 13.1.9. TouchPoint Medical 13.1.9.1. Overview 13.1.9.2. Product Portfolio 13.1.9.3. Profitability by Market Segments 13.1.9.4. Sales Footprint 13.1.9.5. Strategy Overview 13.1.9.5.1. Marketing Strategy 13.1.9.5.2. Product Strategy 13.1.9.5.3. Channel Strategy 13.1.10. AFC industries Inc. 13.1.10.1. Overview 13.1.10.2. Product Portfolio 13.1.10.3. Profitability by Market Segments 13.1.10.4. Sales Footprint 13.1.10.5. Strategy Overview 13.1.10.5.1. Marketing Strategy 13.1.10.5.2. Product Strategy 13.1.10.5.3. Channel Strategy 14. Assumptions & Acronyms Used 15. Research Methodology
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