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Medical Carts Market By Type: Global Opportunity Analysis and Industry Forecast, 2020-2030

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    Report

  • 213 Pages
  • April 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640454
Description Jump to:
The medical carts market was valued at $1,374.17 million in 2020, and is estimated to reach $4,673.34 million by 2030, growing at a CAGR of 13.0% from 2021 to 2030. Medical cart, also known as medical trolley, is a mobile equipment, which comprises set of drawers, compartments, trays, and shelves for use in hospital and medical settings to carry, transport, and dispense emergency supplies, medicines, medical instruments, and medical devices. Medical carts form a crucial aspect of medical aid, as they facilitate the ability to record, store, and dispense equipment, supplies, pharmaceuticals, patient information, and related data along with patient care. Various medical carts are available that are designed to cater to surgical and emergency needs of the operating room and other medical settings.

Growth of the global medical carts market is majorly driven by. upsurge in use of electronic health record (EHR) and electronic medication administration record (eMAR) to avoid medical errors, rise in need for rapid & easy accessibility to medical supplies &equipment, and growth in focus on improvement of patient safety & nursing efficiency. Furthermore, development of advanced technologies, such as telemedicine, fuels the demand and application of medical carts. In addition, increased adoption of electronic medical records, surge in incidences of musculoskeletal injury and technological advancement in the medical carts products propel the growth of the market.

Rise in healthcare facilities, increased healthcare burden, and innovation of new medical devices are the major factors that drive the global medical carts market. In addition, the key players such as Merino Healthcare Ltd, and Armstrong Medical Inc., contribute toward the market growth.

Furthermore, rise in geriatric population and increased burden of chronic diseases lead to rise in hospital admissions are likely to drive the growth of the market.

However, high costs of medical carts, limited availability of funds, and dearth of skilled professionals could impede the market growth. Presently, people are more aware of health, which, in turn, compels them to maintain their health condition and increase demand for treatment of various diseases that lead to rise in hospital care. This has encouraged many key players to enter emerging market, thus offering lucrative growth opportunities in the medical carts market.
The medical carts market is segmented on the basis of type and region. By type, the market is categorized into emergency carts, anesthesia carts, procedure carts, and other carts.
Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the major companies that operate in the global medical carts market are Armstrong Medical Inc., Capsa Solutions LLC, Cardinal Scale, Harloff Company, Intermetro Industries Corporation, ITD GmbH, Lakeside Manufacturing, Merino Healthcare, Midmark Corporation and The Bergmann Group.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the medical carts market analysis from 2020 to 2030 to identify the prevailing medical carts market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the medical carts market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global medical carts market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments


By Type

  • Emergency carts
  • Procedure carts
  • Anesthesia carts
  • Other carts

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • InterMetro Industries Corporation
  • Harloff Manufacturing Co
  • Armstrong Medical
  • Capsa Solutions LLC.
  • ITD GmbH
  • Midmark Corporation
  • The Bergmann Group
  • Lakeside Manufacturing
  • Cardinal Scale
  • Merino International

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: MEDICAL CARTS MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Emergency carts
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Procedure carts
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Anesthesia carts
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Other carts
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: MEDICAL CARTS MARKET, BY REGION
5.1 Overview
5.1.1 Market size and forecast
5.2 North America
5.2.1 Key trends and opportunities
5.2.2 North America Market size and forecast, by Type
5.2.3 North America Market size and forecast, by country
5.2.3.1 U.S.
5.2.3.1.1 Market size and forecast, by Type
5.2.3.2 Canada
5.2.3.2.1 Market size and forecast, by Type
5.2.3.3 Mexico
5.2.3.3.1 Market size and forecast, by Type
5.3 Europe
5.3.1 Key trends and opportunities
5.3.2 Europe Market size and forecast, by Type
5.3.3 Europe Market size and forecast, by country
5.3.3.1 Germany
5.3.3.1.1 Market size and forecast, by Type
5.3.3.2 France
5.3.3.2.1 Market size and forecast, by Type
5.3.3.3 U.K.
5.3.3.3.1 Market size and forecast, by Type
5.3.3.4 Italy
5.3.3.4.1 Market size and forecast, by Type
5.3.3.5 Spain
5.3.3.5.1 Market size and forecast, by Type
5.3.3.6 Rest of Europe
5.3.3.6.1 Market size and forecast, by Type
5.4 Asia-Pacific
5.4.1 Key trends and opportunities
5.4.2 Asia-Pacific Market size and forecast, by Type
5.4.3 Asia-Pacific Market size and forecast, by country
5.4.3.1 Japan
5.4.3.1.1 Market size and forecast, by Type
5.4.3.2 China
5.4.3.2.1 Market size and forecast, by Type
5.4.3.3 India
5.4.3.3.1 Market size and forecast, by Type
5.4.3.4 Australia
5.4.3.4.1 Market size and forecast, by Type
5.4.3.5 South Korea
5.4.3.5.1 Market size and forecast, by Type
5.4.3.6 Rest of Asia-Pacific
5.4.3.6.1 Market size and forecast, by Type
5.5 LAMEA
5.5.1 Key trends and opportunities
5.5.2 LAMEA Market size and forecast, by Type
5.5.3 LAMEA Market size and forecast, by country
5.5.3.1 Brazil
5.5.3.1.1 Market size and forecast, by Type
5.5.3.2 Saudi Arabia
5.5.3.2.1 Market size and forecast, by Type
5.5.3.3 South Africa
5.5.3.3.1 Market size and forecast, by Type
5.5.3.4 Rest of LAMEA
5.5.3.4.1 Market size and forecast, by Type
CHAPTER 6: COMPANY LANDSCAPE
6.1. Introduction
6.2. Top winning strategies
6.3. Product Mapping of Top 10 Player
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Key developments
CHAPTER 7: COMPANY PROFILES
7.1 InterMetro Industries Corporation
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Operating business segments
7.1.4 Product portfolio
7.1.5 Business performance
7.1.6 Key strategic moves and developments
7.2 Harloff Manufacturing Co
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Operating business segments
7.2.4 Product portfolio
7.2.5 Business performance
7.2.6 Key strategic moves and developments
7.3 Armstrong Medical
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Operating business segments
7.3.4 Product portfolio
7.3.5 Business performance
7.3.6 Key strategic moves and developments
7.4 Capsa Solutions LLC.
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Operating business segments
7.4.4 Product portfolio
7.4.5 Business performance
7.4.6 Key strategic moves and developments
7.5 ITD GmbH
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Operating business segments
7.5.4 Product portfolio
7.5.5 Business performance
7.5.6 Key strategic moves and developments
7.6 Midmark Corporation
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Operating business segments
7.6.4 Product portfolio
7.6.5 Business performance
7.6.6 Key strategic moves and developments
7.7 The Bergmann Group
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Operating business segments
7.7.4 Product portfolio
7.7.5 Business performance
7.7.6 Key strategic moves and developments
7.8 Lakeside Manufacturing
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Operating business segments
7.8.4 Product portfolio
7.8.5 Business performance
7.8.6 Key strategic moves and developments
7.9 Cardinal Scale
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Operating business segments
7.9.4 Product portfolio
7.9.5 Business performance
7.9.6 Key strategic moves and developments
7.10 Merino International
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Operating business segments
7.10.4 Product portfolio
7.10.5 Business performance
7.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Medical Carts Market, by Type, 2020-2030, ($Million)
Table 2. Medical Carts Market Revenue, for Emergency Carts, by Region, 2020-2030, ($Million)
Table 3. Medical Carts Market Emergency Carts by Country, 2020-2030, ($Million)
Table 4. Medical Carts Market Revenue, for Procedure Carts, by Region, 2020-2030, ($Million)
Table 5. Medical Carts Market Procedure Carts by Country, 2020-2030, ($Million)
Table 6. Medical Carts Market Revenue, for Anesthesia Carts, by Region, 2020-2030, ($Million)
Table 7. Medical Carts Market Anesthesia Carts by Country, 2020-2030, ($Million)
Table 8. Medical Carts Market Revenue, for Other Carts, by Region, 2020-2030, ($Million)
Table 9. Medical Carts Market Other Carts by Country, 2020-2030, ($Million)
Table 10. Medical Carts Market, by Region, 2020-2030, ($Million)
Table 11. North America Medical Carts Market, by Type, 2020-2030, ($Million)
Table 12. North America Medical Carts Market, by Country, 2020-2030, ($Million)
Table 13. U.S. Medical Carts Market by Type 2020-2030, ($Million)
Table 14. Canada Medical Carts Market by Type 2020-2030, ($Million)
Table 15. Mexico Medical Carts Market by Type 2020-2030, ($Million)
Table 16. Europe Medical Carts Market, by Type, 2020-2030, ($Million)
Table 17. Europe Medical Carts Market, by Country, 2020-2030, ($Million)
Table 18. Germany Medical Carts Market by Type 2020-2030, ($Million)
Table 19. France Medical Carts Market by Type 2020-2030, ($Million)
Table 20. U.K. Medical Carts Market by Type 2020-2030, ($Million)
Table 21. Italy Medical Carts Market by Type 2020-2030, ($Million)
Table 22. Spain Medical Carts Market by Type 2020-2030, ($Million)
Table 23. Rest of Europe Medical Carts Market by Type 2020-2030, ($Million)
Table 24. Asia-Pacific Medical Carts Market, by Type, 2020-2030, ($Million)
Table 25. Asia-Pacific Medical Carts Market, by Country, 2020-2030, ($Million)
Table 26. Japan Medical Carts Market by Type 2020-2030, ($Million)
Table 27. China Medical Carts Market by Type 2020-2030, ($Million)
Table 28. India Medical Carts Market by Type 2020-2030, ($Million)
Table 29. Australia Medical Carts Market by Type 2020-2030, ($Million)
Table 30. South Korea Medical Carts Market by Type 2020-2030, ($Million)
Table 31. Rest of Asia-Pacific Medical Carts Market by Type 2020-2030, ($Million)
Table 32. LAMEA Medical Carts Market, by Type, 2020-2030, ($Million)
Table 33. LAMEA Medical Carts Market, by Country, 2020-2030, ($Million)
Table 34. Brazil Medical Carts Market by Type 2020-2030, ($Million)
Table 35. Saudi Arabia Medical Carts Market by Type 2020-2030, ($Million)
Table 36. South Africa Medical Carts Market by Type 2020-2030, ($Million)
Table 37. Rest of LAMEA Medical Carts Market by Type 2020-2030, ($Million)
Table 38. Intermetro Industries Corporation: Company Snapshot
Table 39. Intermetro Industries Corporation: Operating Segments
Table 40. Intermetro Industries Corporation: Product Portfolio
Table 41. Intermetro Industries Corporation: Net Sales
Table 42. Intermetro Industries Corporation: Key Stratergies
Table 43. Harloff Manufacturing Co: Company Snapshot
Table 44. Harloff Manufacturing Co: Operating Segments
Table 45. Harloff Manufacturing Co: Product Portfolio
Table 46. Harloff Manufacturing Co: Net Sales
Table 47. Harloff Manufacturing Co: Key Stratergies
Table 48. Armstrong Medical: Company Snapshot
Table 49. Armstrong Medical: Operating Segments
Table 50. Armstrong Medical: Product Portfolio
Table 51. Armstrong Medical: Net Sales
Table 52. Armstrong Medical: Key Stratergies
Table 53. Capsa Solutions LLC.: Company Snapshot
Table 54. Capsa Solutions LLC.: Operating Segments
Table 55. Capsa Solutions LLC.: Product Portfolio
Table 56. Capsa Solutions LLC.: Net Sales
Table 57. Capsa Solutions LLC.: Key Stratergies
Table 58. Itd GmbH: Company Snapshot
Table 59. Itd GmbH: Operating Segments
Table 60. Itd GmbH: Product Portfolio
Table 61. Itd GmbH: Net Sales
Table 62. Itd GmbH: Key Stratergies
Table 63. Midmark Corporation: Company Snapshot
Table 64. Midmark Corporation: Operating Segments
Table 65. Midmark Corporation: Product Portfolio
Table 66. Midmark Corporation: Net Sales
Table 67. Midmark Corporation: Key Stratergies
Table 68. The Bergmann Group: Company Snapshot
Table 69. The Bergmann Group: Operating Segments
Table 70. The Bergmann Group: Product Portfolio
Table 71. The Bergmann Group: Net Sales
Table 72. The Bergmann Group: Key Stratergies
Table 73. Lakeside Manufacturing: Company Snapshot
Table 74. Lakeside Manufacturing: Operating Segments
Table 75. Lakeside Manufacturing: Product Portfolio
Table 76. Lakeside Manufacturing: Net Sales
Table 77. Lakeside Manufacturing: Key Stratergies
Table 78. Cardinal Scale: Company Snapshot
Table 79. Cardinal Scale: Operating Segments
Table 80. Cardinal Scale: Product Portfolio
Table 81. Cardinal Scale: Net Sales
Table 82. Cardinal Scale: Key Stratergies
Table 83. Merino International: Company Snapshot
Table 84. Merino International: Operating Segments
Table 85. Merino International: Product Portfolio
Table 86. Merino International: Net Sales
Table 87. Merino International: Key Stratergies
LIST OF FIGURES
Figure 1. Medical Carts Market Segmentation
Figure 2. Medical Carts Market, 2020-2030
Figure 3. Medical Carts Market, 2020-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Medical Carts Market:Drivers, Restraints and Opportunities
Figure 11. Medical Carts Market, by Type, 2020 (%)
Figure 12. Comparative Share Analysis of Emergency Carts Medical Carts Market, 2020-2030 (%)
Figure 13. Comparative Share Analysis of Procedure Carts Medical Carts Market, 2020-2030 (%)
Figure 14. Comparative Share Analysis of Anesthesia Carts Medical Carts Market, 2020-2030 (%)
Figure 15. Comparative Share Analysis of Other Carts Medical Carts Market, 2020-2030 (%)
Figure 16. Medical Carts Market by Region, 2020
Figure 17. U.S. Medical Carts Market, 2020-2030 ($Million)
Figure 18. Canada Medical Carts Market, 2020-2030 ($Million)
Figure 19. Mexico Medical Carts Market, 2020-2030 ($Million)
Figure 20. Germany Medical Carts Market, 2020-2030 ($Million)
Figure 21. France Medical Carts Market, 2020-2030 ($Million)
Figure 22. U.K. Medical Carts Market, 2020-2030 ($Million)
Figure 23. Italy Medical Carts Market, 2020-2030 ($Million)
Figure 24. Spain Medical Carts Market, 2020-2030 ($Million)
Figure 25. Rest of Europe Medical Carts Market, 2020-2030 ($Million)
Figure 26. Japan Medical Carts Market, 2020-2030 ($Million)
Figure 27. China Medical Carts Market, 2020-2030 ($Million)
Figure 28. India Medical Carts Market, 2020-2030 ($Million)
Figure 29. Australia Medical Carts Market, 2020-2030 ($Million)
Figure 30. South Korea Medical Carts Market, 2020-2030 ($Million)
Figure 31. Rest of Asia-Pacific Medical Carts Market, 2020-2030 ($Million)
Figure 32. Brazil Medical Carts Market, 2020-2030 ($Million)
Figure 33. Saudi Arabia Medical Carts Market, 2020-2030 ($Million)
Figure 34. South Africa Medical Carts Market, 2020-2030 ($Million)
Figure 35. Rest of LAMEA Medical Carts Market, 2020-2030 ($Million)
Figure 36. Top Winning Strategies, by Year
Figure 37. Top Winning Strategies, by Development
Figure 38. Top Winning Strategies, by Company
Figure 39. Product Mapping of Top 10 Players
Figure 40. Competitive Dashboard
Figure 41. Competitive Heatmap of Top 10 Key Players
Figure 42. Intermetro Industries Corporation.: Net Sales, ($Million)
Figure 43. Harloff Manufacturing Co.: Net Sales, ($Million)
Figure 44. Armstrong Medical.: Net Sales, ($Million)
Figure 45. Capsa Solutions LLC. Net Sales, ($Million)
Figure 46. Itd GmbH.: Net Sales, ($Million)
Figure 47. Midmark Corporation.: Net Sales, ($Million)
Figure 48. The Bergmann Group.: Net Sales, ($Million)
Figure 49. Lakeside Manufacturing.: Net Sales, ($Million)
Figure 50. Cardinal Scale.: Net Sales, ($Million)
Figure 51. Merino International.: Net Sales, ($Million)

Executive Summary

According to this report titled, 'Medical Carts Market,' the medical carts market was valued at $1.4 billion in 2020, and is estimated to reach $4.7 billion by 2030, growing at a CAGR of 13% from 2021 to 2030.

Medical cart is a mobile equipment, which consists of a set of shelves, trays, compartments, and drawers for hospital use and medical settings. It carries, dispenses, and transports emergency drugs, medicines, medical devices, and medical instruments. Carts are a crucial aspect of medical aid as it provides storing, recording, and dispensing drugs, supplies, and patient information along with patient care. Many carts are designed to supply various surgical and emergency needs depending on the operating room and other medical settings. Medical carts are light weight and durable at the same time. Medical carts can be specialized for any scenario from crash carts, isolation carts, respiratory carts, and many more.

The factors that drive the growth of the medical carts market size include the need for bedside patient care in various situations, such as in operating rooms and other emergency circumstances. Innovation in functionality of medical carts that feature universal mounting accessory function, RFID (Radio-frequency identification) locking drawers, and dual pull up shelves enhance the utility of the emergency carts further drive medical carts market growth. Moreover, growth in healthcare expenditure and investments in the market have encouraged the manufacturers to develop cost-effective and customized medical carts in the developing countries, boosting the medical carts market size.

In addition, significant burden of diseases in developing countries is caused by time-sensitive injuries and illness, such as severe infections, hypoxia, intentional and unintentional injuries, and others, which contribute to the growth of the medical carts market. Furthermore, surge in patient population suffering from colorectal cancer and gastrointestinal disorder and technological advancements leading to production of effective optical fibers in endoscopy devices notably contribute toward the medical carts market growth. For instance, in January 2019 Extron Inc., introduced its new Versa Medical Electronics cart design platform. The versatile new cart design platform offers multiple height options, surfaces, handle options, metal or plastic components, multiple doors, drawers, monitor mounting solutions. In addition, in November 2020, Midwest Products and Engineering launched custom medical device carts called MACH series that are ideal for emergency care units due to their easy customization and configuration. Thus, increase in the number of product approvals, thus boosting the market growth. Moreover, according to the data provided by World Population Prospects: the number of older people aged 65 years or above is expected to more than double. Thus, surge in older population leads to more number of hospital admissions that propel the medical carts market growth.
Surge in innovations in healthcare product offerings and increase increases of chronic diseases further generate lucrative opportunities for medical carts industry.

The medical carts market is segmented into material, type, and region. On the basis of by type, the market is categorized into emergency, anesthesia, procedure, and other carts.
The emergency cart segment dominated the medical carts industry in 2020, and this trend is expected to continue during the forecast period, owing to increase in number of product approvals, advancements in R&D activities in pharmaceutical & medical device industries, and surge in adoption of medical carts products.
North America accounted for a majority of the global medical carts market share in 2020, and is anticipated to remain dominant during the medical carts market forecast. This is attributed to rise in production of optical fibers in endoscopy, increase in number of approvals for medical carts, rise in presence of key players, and surge in development of technology for healthcare in the region. Asia-Pacific is anticipated to witness lucrative growth, owing to increase in number of musculoskeletal disorders.

KEY FINDINGS OF THE STUDY

  • By type, the emergency cart segment was the highest contributor to the market in 2020.
  • Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the medical carts market analysis.

Companies Mentioned

  • InterMetro Industries Corporation
  • Harloff Manufacturing Co
  • Armstrong Medical
  • Capsa Solutions LLC.
  • ITD GmbH
  • Midmark Corporation
  • The Bergmann Group
  • Lakeside Manufacturing
  • Cardinal Scale
  • Merino International

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages213
PublishedApril 2022
Forecast Period2020 - 2030
Estimated Market Value ( USD ) in 2020 $ 1374.17 million
Forecasted Market Value ( USD ) by 2030 $ 4673.34 million
Compound Annual Growth Rate13.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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