The current report will provide detailed exposure to the medical carts market. This report analyzes the market trends of medical carts with data from 2021, estimates from 2022, projections of compound annual growth rates through 2028 (forecast period 2023-2028), and regional markets of medical carts. This report will highlight the current and future market potential of medical carts, and a detailed analysis of the competitive environment. The report will cover regulatory scenarios, drivers, restraints, and opportunities. The report also covers market projections for 2028 and the market share for key market players.
The scope of the market in this report is segmented into product type, end user, and region. The product type of medical carts is further segmented into machine learning and deep learning. The applications of this market is segmented into mobile computing carts, emergency carts, procedure carts, anesthesia carts, medication carts and others. The end user is further segmented into hospitals, ambulatory surgical centers, physician offices or clinics, diagnostic centers, and others.
The regional market analysis of medical carts is also covered in this report. The market has been segmented into various significant geographic regions, including North America, Europe, Asia-Pacific, and other world regions. Detailed analysis of major countries such as the U.S., Germany, the U.K., Italy, France, Japan, China, and India will be covered within the regional segment. For market estimates, data will be provided for 2022 because of the base year, with forecasts from 2023 and through 2028.
Report Includes
- 40 data tables and 29 additional tables
- An overview of the global market landscape related to the medical carts.
- In-depth analysis of global market trends, featuring historical revenue data for 2020-2022, estimated figures for 2023, as well as forecasts for 2028. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028.
- Evaluation of the current market size and revenue growth prospects specific to medical carts, accompanied by a comprehensive market share analysis categorized by product type, end-user, and geographical region.
- In-depth information (facts and figures) concerning the market growth drivers, opportunities and challenges, prospects, and upcoming technologies that will shape the market for medical carts as a basis for projecting demand in the next few years (2023-2028).
- Highlights of the industry structure for medical carts, regulatory landscape and reimbursement scenarios, COVID-19 impact analysis, and company share analysis of the market for medical carts.
- Analysis of the market growth opportunities with a holistic review of Porter’s five forces analysis considering both micro
- and macro environmental factors prevailing in the industry.
- Discussion of ESG developments in medical carts market and an understanding on the importance of ESG, consumer attitudes towards sustainability, risks and opportunity assessment, and ESG followed practices by product manufacturers and industry participants.
- Coverage of the merger and acquisition (M&A) deals in the medical carts landscape over the last few years.
- Identification of the major stakeholders operating in the medical carts market and analysis of company competitive landscape based on recent developments, segmental revenues, and operational integration.
- Detailed profiles of leading market participants, including Altus Inc., Advantech Co. Ltd., Bergmann Group, Capsa Healthcare and Ergotron Inc., providing a descriptive overview of their respective businesses.
Table of Contents
Executive Summary
In healthcare institutions, emergency equipment, medical supplies, and medications are stored and transported using medical carts. From crash carts to isolation carts to respiratory carts and many others, medical carts can be tailored for any need. Materials like stainless steel, health-grade PVC tubing, poly/aluminum, or even laminated wood can be used to make these customized carts. Some of these medical carts may also have compartments for scanners, laptops, or computer workstations. Hospitals may keep all of their medical supplies neatly organized by using high-end medical carts. This contributes to a rise in efficiency across the board, including in trauma centers, hospitals, and emergency rooms. Transporting prescription drugs, oxygen tanks, anesthesia equipment, and medical supplies is made easier by these carts.
Medical carts are practical and well-organized and offer safe access to medications and other essentials. As a result, staff productivity increases and patients receive better care. Medical carts are made to effortlessly handle daily rigor and satisfy the needs of every department. The numerous types of medical carts available include:
- Anesthesia carts.
- Emergency crash carts.
- Hospital specialty carts.
- Hospital storage carts.
- Hyperthermia carts.
- Isolation carts.
- Medication carts.
- Mobile EKG/ECG carts.
- Pediatric emergency carts.
- Phlebotomy carts.
- Slim med junior carts.
- Treatment carts.
- Value carts.
Increasing numbers of chronic diseases are boosting the demand for medical carts. Chronic diseases affect hundreds of million patients globally. Approximately 45% of Americans, or 133 million people, suffer from one or more chronic healthcare conditions. Similarly, in Europe, nearly 60 million people have more than one chronic disease. Chronic disease prevalence is expected to rise rapidly in the forecast period (2023-2028), which is expected to create a significant burden on global healthcare.
Similarly, product launches by market players are also boosting the medical carts market. For instance, in May 2022, GAMA Healthcare, a U.K.-based manufacturer, launched Rediroom, a portable medical cart that can quickly transform into an air-filtered isolation room. Rediroom carts can be expanded into a hands-free, HEPA-filtered isolation room in five minutes and offer greater flexibility and isolation capacity. The HEPA and carbon filters on the Rediroom mobile cart can capture 99.995% of air particles 0.3 microns or larger, making them more effective than N95 filters, which only remove about 95% of particles of a similar size from the air.
Companies Mentioned
- Advantech Co. Ltd.
- Afc Industries Inc.
- Altus Inc.
- Bergmann Group (Waterloo Healthcare and Phoenix Long Term Care)
- Capsa Healthcare
- Ergotron Inc.
- Hi-Life Technology
- Human Active Technology, LLC
- Intermetro Industries Corp.
- Joson-Care Enterprise Co. Ltd.
- Lakeside Manufacturing Inc.
- Merino International
- Mpe
- The Harloff Company
- Touchpoint Medical Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 149 |
| Published | September 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 2.5 Billion |
| Forecasted Market Value ( USD | $ 3.6 Billion |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
