The Medical Carts Market size is estimated at USD 1.63 billion in 2025, and is expected to reach USD 2.44 billion by 2030, at a CAGR of 8.48% during the forecast period (2025-2030).
Medical carts are used to carry and supply various medical supplies, accessories, and healthcare equipment to every department of a hospital or clinical setting. Factors such as the increasing adoption of medical carts to carry all medical essentials and advancements in healthcare infrastructure are projected to boost the adoption of medical carts in healthcare settings.
In addition, the rising incidence of sports-associated/musculoskeletal injuries and the growing prevalence of chronic diseases are projected to bolster the adoption of medical carts to supply medicines and other necessary supplies to patients. This is another factor expected to accelerate market growth over the forecast period.
The higher burden of chronic diseases is one of the most important factors contributing to the increasing use of medical carts for patient management. For instance, according to the February 2024 updated data of Cancer Australia, the number of kidney cancer cases diagnosed increased from 4,552 in 2022 to 4,600 in 2023. Kidney cancer is the seventh most commonly diagnosed cancer in Australia, and it is estimated that one in 65 people will be diagnosed with the condition. Thus, the higher burden of cancer is estimated to foster hospitalizations due to routine medical treatments, fuelling the adoption of medical carts. Thus, the accelerating burden of cancer is likely to fuel market growth over the forecast period.
The rising prevalence of heart diseases is expected to drive the market's growth. For instance, according to the data released by the British Heart Foundation in April 2023, around 7.6 million people were living with a heart or circulatory disease in the United Kingdom. The escalating burden of such chronic conditions is expected to propel the demand for medical carts to carry medical supplies, medications, and other materials. Thus, the higher burden of chronic diseases is expected to foster market growth over the forecast period.
The increasing burden of sports-related injuries is further projected to augment market expansion over the forecast period. For instance, according to the January 2024 update from Johns Hopkins University, around 30 million children participated in some kind of organized sports annually, which caused more than 3.5 million injuries each year. Thus, the increasing incidence of sports and musculoskeletal injuries is expected to increase the number of hospitalizations, fueling the adoption of medical carts over the forecast period.
The increasing number of emergencies and emergency hospitalizations is expected to foster demand for medical carts to deliver medical supplies and accessories required for treatment accurately. For instance, according to November 2023 data from NHS, emergency department admissions rose from 2,188,028 people in 2022 to 2,219,618 in 2023. Thus, the increase in emergency department visits is projected to boost the growth of the market during the forecast period.
On the other hand, poor healthcare infrastructure in low and middle-income countries and the slow uptake of advanced healthcare products are projected to hamper market growth over the forecast period.
Thus, the increasing number of medical emergencies and road accidents are projected to accelerate segmental growth over the forecast period. For instance, according to the February 2024 updated data from the UK government, around 27,796 people were severely injured in road accidents in the country in 2023. As per the same source, 104,014 people were slightly injured. Thus, the high instances of road accidents are likely to foster demand for emergency carts in emergency rooms due to higher hospitalizations.
According to the data updated by the Amaro Law Firm in March 2023, car accidents were a leading cause of emergencies in United States, and at least 7.3 million motor vehicle accidents were estimated to have occurred annually across the country. The source also stated that an estimated 19,937 car crashes occurred every day in United States. Thus, the significant number of road accidents is likely to create medical emergencies, fuelling the demand for emergency medical carts in emergency departments for patient management.
The segment is projected to benefit from the increased adoption of emergency medical carts and trollies in different medical emergencies like trauma stroke. For instance, according to an article published by the Academic Emergency Medicine journal in April 2023, emergency medical carts are highly employed in emergencies like trauma and burns to quickly access medical accessories and supplies. Thus, such applications of emergency medical carts are projected to boost the growth of the segment over the forecast period.
The growing burden of chronic diseases in the region is projected to facilitate the demand for medical carts over the forecast period. For instance, as per the Alzheimer’s Association’s report from March 2023, Alzheimer’s disease and dementia were among the major neurological disorders in United States, and an estimated 6.7 million Americans aged 65 and older were living with Alzheimer’s and dementia in 2023. The growing burden of chronic diseases in the region is expected to increase hospital admissions, thereby fueling the demand for medical carts over the forecast period.
The market’s growth is also expected to be fueled by the increasing emergency department visits in North America. For instance, according to November 2023 data from the Centers for Disease Control and Prevention (CDC), around 139.8 million people visited emergency departments in United States, with 42.7 visits per 100 patients. Thus, the increase in the number of emergency department visits in the region is expected to spur the adoption of medical carts to streamline the flow of healthcare supplies.
North America has a large number of market players offering a wide range of products. Thus, the presence of a large number of companies in the region and several strategic initiatives undertaken by them are anticipated to accelerate market expansion over the forecast period. For instance, in July 2022, Holo Industries LLC launched a transformative HoloMed line of holographic inserts for medical carts, patient monitors, and other products that protect patients and hospital staff by virtually eliminating surface contact and touchpoints, thereby reducing the transmission of HAIs. Thus, such innovative product launches are projected to foster regional market growth over the forecast period.
Thus, the above-mentioned factors, such as the higher burden of chronic diseases, increasing emergency department visits, and several strategic initiatives undertaken by the market players, are expected to boost regional market growth over the forecast period.
This product will be delivered within 2 business days.
Medical carts are used to carry and supply various medical supplies, accessories, and healthcare equipment to every department of a hospital or clinical setting. Factors such as the increasing adoption of medical carts to carry all medical essentials and advancements in healthcare infrastructure are projected to boost the adoption of medical carts in healthcare settings.
In addition, the rising incidence of sports-associated/musculoskeletal injuries and the growing prevalence of chronic diseases are projected to bolster the adoption of medical carts to supply medicines and other necessary supplies to patients. This is another factor expected to accelerate market growth over the forecast period.
The higher burden of chronic diseases is one of the most important factors contributing to the increasing use of medical carts for patient management. For instance, according to the February 2024 updated data of Cancer Australia, the number of kidney cancer cases diagnosed increased from 4,552 in 2022 to 4,600 in 2023. Kidney cancer is the seventh most commonly diagnosed cancer in Australia, and it is estimated that one in 65 people will be diagnosed with the condition. Thus, the higher burden of cancer is estimated to foster hospitalizations due to routine medical treatments, fuelling the adoption of medical carts. Thus, the accelerating burden of cancer is likely to fuel market growth over the forecast period.
The rising prevalence of heart diseases is expected to drive the market's growth. For instance, according to the data released by the British Heart Foundation in April 2023, around 7.6 million people were living with a heart or circulatory disease in the United Kingdom. The escalating burden of such chronic conditions is expected to propel the demand for medical carts to carry medical supplies, medications, and other materials. Thus, the higher burden of chronic diseases is expected to foster market growth over the forecast period.
The increasing burden of sports-related injuries is further projected to augment market expansion over the forecast period. For instance, according to the January 2024 update from Johns Hopkins University, around 30 million children participated in some kind of organized sports annually, which caused more than 3.5 million injuries each year. Thus, the increasing incidence of sports and musculoskeletal injuries is expected to increase the number of hospitalizations, fueling the adoption of medical carts over the forecast period.
The increasing number of emergencies and emergency hospitalizations is expected to foster demand for medical carts to deliver medical supplies and accessories required for treatment accurately. For instance, according to November 2023 data from NHS, emergency department admissions rose from 2,188,028 people in 2022 to 2,219,618 in 2023. Thus, the increase in emergency department visits is projected to boost the growth of the market during the forecast period.
On the other hand, poor healthcare infrastructure in low and middle-income countries and the slow uptake of advanced healthcare products are projected to hamper market growth over the forecast period.
Medical Carts Market Trends
The Emergency Carts Segment is Expected to Record Significant Growth Over the Forecast Period
The emergency carts segment is expected to account for a significant market share over the forecast period. This can be attributed to the presence of several emergency care units and the use of these carts in emergency rooms. These carts are equipped with medical devices, supplies, or drugs for emergencies such as ischemic stroke and severe injuries with profuse bleeding.Thus, the increasing number of medical emergencies and road accidents are projected to accelerate segmental growth over the forecast period. For instance, according to the February 2024 updated data from the UK government, around 27,796 people were severely injured in road accidents in the country in 2023. As per the same source, 104,014 people were slightly injured. Thus, the high instances of road accidents are likely to foster demand for emergency carts in emergency rooms due to higher hospitalizations.
According to the data updated by the Amaro Law Firm in March 2023, car accidents were a leading cause of emergencies in United States, and at least 7.3 million motor vehicle accidents were estimated to have occurred annually across the country. The source also stated that an estimated 19,937 car crashes occurred every day in United States. Thus, the significant number of road accidents is likely to create medical emergencies, fuelling the demand for emergency medical carts in emergency departments for patient management.
The segment is projected to benefit from the increased adoption of emergency medical carts and trollies in different medical emergencies like trauma stroke. For instance, according to an article published by the Academic Emergency Medicine journal in April 2023, emergency medical carts are highly employed in emergencies like trauma and burns to quickly access medical accessories and supplies. Thus, such applications of emergency medical carts are projected to boost the growth of the segment over the forecast period.
North America is Expected to Hold A Significant Market Share Over the Forecast Period
North America is expected to hold a significant share of the market throughout the forecast period. Increasing public and private healthcare expenditures, the growing number of hospitals, and an increase in surgery volumes are factors that can be attributed to this. The market’s growth is expected to be fueled by the increase in the prevalence of diseases and injuries in the region.The growing burden of chronic diseases in the region is projected to facilitate the demand for medical carts over the forecast period. For instance, as per the Alzheimer’s Association’s report from March 2023, Alzheimer’s disease and dementia were among the major neurological disorders in United States, and an estimated 6.7 million Americans aged 65 and older were living with Alzheimer’s and dementia in 2023. The growing burden of chronic diseases in the region is expected to increase hospital admissions, thereby fueling the demand for medical carts over the forecast period.
The market’s growth is also expected to be fueled by the increasing emergency department visits in North America. For instance, according to November 2023 data from the Centers for Disease Control and Prevention (CDC), around 139.8 million people visited emergency departments in United States, with 42.7 visits per 100 patients. Thus, the increase in the number of emergency department visits in the region is expected to spur the adoption of medical carts to streamline the flow of healthcare supplies.
North America has a large number of market players offering a wide range of products. Thus, the presence of a large number of companies in the region and several strategic initiatives undertaken by them are anticipated to accelerate market expansion over the forecast period. For instance, in July 2022, Holo Industries LLC launched a transformative HoloMed line of holographic inserts for medical carts, patient monitors, and other products that protect patients and hospital staff by virtually eliminating surface contact and touchpoints, thereby reducing the transmission of HAIs. Thus, such innovative product launches are projected to foster regional market growth over the forecast period.
Thus, the above-mentioned factors, such as the higher burden of chronic diseases, increasing emergency department visits, and several strategic initiatives undertaken by the market players, are expected to boost regional market growth over the forecast period.
Medical Carts Industry Overview
The medical carts market is moderately competitive and consists of several major players. They are engaged in establishing a strategic alliance and collaborating with other companies operating in the market. Thus, such strategic initiatives undertaken by market participants are projected to foster market growth over the forecast period. Some of the key players operating in the market include Advantech Co. Ltd, AFC Industries Inc., Capsa Healthcare, Jaco Inc., ITD GmbH, and Jaco Inc.Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION (Market Size by Value in USD)
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advantech Co. Ltd
- AFC Industries Inc.
- Capsa Healthcare
- ITD GmbH
- The Harloff Company
- Joson-care Enterprise Co. Ltd
- Jaco Inc.
- Bergmann Group
- Midmark Corporation
- Ergotron Inc.
- MPE Inc
Methodology
LOADING...
