Medical Cart Market Size, Share, Opportunities, And Trends By Product Type (Emergency Carts, Procedure Carts, Anesthesia Carts, Computer Medical Carts, Specialty Carts, Medication Carts, Others), By Power Source (Powered Carts, Non-powered Carts), By Material Type (Polymer, Steel, Aluminum, Others), By End-User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Rehab Centers, Nursing Homes, Homecare Settings), And By Geography - Forecasts From 2024 To 2029
- Published : Mar 2024
- Report Code : KSI061616756
- Pages : 146
The medical cart market is anticipated to expand at a high CAGR over the forecast period.
With its necessary equipment for effective patient care delivery, the medical cart market is an important part of the healthcare sector. These mobile and well-organized carts for medical supplies, equipment, and electrical gadgets come with drawers, shelves, and compartments. They are used in a variety of healthcare facilities, such as clinics, nursing homes, ambulatory care centers, and hospitals. Factors including the increased focus on patient safety, workflow optimization, and the expanding use of electronic health records (EHRs) are driving the industry. Technological innovations that support market expansion include integrated power systems, computerized locks, and ergonomic designs.
Furthermore, the COVID-19 epidemic has expedited the uptake of medical carts for remote patient monitoring and telemedicine. As improvements in patient outcomes and healthcare delivery continue to be prioritized, the global need for medical carts is predicted to rise, providing chances for innovation and personalization to address changing healthcare requirements.
Market Drivers
- Increasing technological advancements are anticipated to boost the medical cart market.
Technological advancements such as integrated power systems, electronic locks, RFID technology, and ergonomic designs are driving the medical cart market. These innovations enhance efficiency, security, and user experience, meeting the evolving needs of healthcare facilities. Integrated power systems ensure the continuous operation of electronic devices, while electronic locks provide secure storage of medications and sensitive equipment. RFID technology enables inventory management and tracking, optimizing workflow and reducing errors.
Additionally, ergonomic designs improve user comfort and reduce the risk of musculoskeletal injuries among healthcare professionals. Overall, technological advancements play a crucial role in driving the growth and adoption of medical carts in healthcare settings.
In December 2021, for example, Advantech's AMiS product line—a well-known supplier of medical computer systems and services—included the AMiS-30EP pole cart as its newest model. This product can be provided with a range of monitors and devices, contingent on the intended use. These technological developments will probably cause the market to grow soon.
- The rising demand for point-of-care solutions is expected to boost the medical cart market.
The market for medical carts is mostly driven by the increasing need for point-of-care solutions. Mobile carts are being used by healthcare facilities more frequently to offer prompt access to medical instruments and supplies at the point of care. By facilitating healthcare personnel's ability to provide prompt and efficient care, these carts increase workflow efficiency, streamline procedures, and improve patient outcomes. The requirement for flexible and adaptable healthcare facilities, together with the increased emphasis on patient-centered care, is likely to fuel the global market expansion for medical carts equipped with point-of-care solutions.
The groundbreaking HoloMedTM series of holographic inserts for medical carts, patient monitors, and other goods, announced by Holo Industries LLC, reduces the risk of healthcare-associated infections (HAIs) by practically eliminating surface contact and touchpoints. Holo Industries will make its Florida International Medical Expo (FIME) debut on 27–29 July in Miami at Booth Q78 with the HoloMed product range. In modern healthcare institutions, mobile medication and point-of-care computer carts are essential tools, but they also act as carriers of germs and other infectious agents.
- Growing healthcare infrastructure anticipated to boost the medical cart market.
The market for medical carts is significantly driven by the expanding healthcare infrastructure around the world. Medical carts are more in demand as healthcare facilities—such as clinics, hospitals, and ambulatory care centers—expand to facilitate the provision of patient care and facility management. These carts enhance patient outcomes and workflow efficiency by offering mobility, organization, and simple access to medical supplies and equipment.
The demand for medical carts is anticipated to increase gradually as healthcare infrastructure continues to grow, especially in emerging nations. This will propel market expansion and provide producers with chances to innovate and adapt to changing healthcare requirements. Capsa Healthcare announced the new Trio mobile computing workstation in August 2020. The Trio point-of-care platform from Capsa facilitates accurate and efficient medication management by mobilizing electronic health records. The market is anticipated to expand throughout the course of the projected period as a result of these developments.
Asia Pacific region is expected to grow significantly
The medical cart industry in the Asia-Pacific area is expanding rapidly for several reasons. Medical cart demand is being driven by the region's hospitals, clinics, and ambulatory care centers because of rapid urbanization, rising healthcare costs, and developing healthcare infrastructure. The market is also growing as a result of the use of cutting-edge healthcare technology and the increased emphasis on patient efficiency and safety. Significant expenditures in healthcare are being made in nations like China, India, and Japan, which is increasing demand for medical carts.
The Asia-Pacific medical cart market is anticipated to grow significantly as the region's healthcare systems continue to advance and modernize. In April 2023, a collaboration with NQ Medical was announced by Balida Medical. They made it possible for four Vietnamese public hospitals to receive BAILIDA medical trolley donations. The goal of this project is to improve the standard of healthcare services and assist medical staff in giving the community better, more effective treatment. Vietnam is only one of the many countries in the globe where public healthcare frequently suffers particular difficulties. NQ Medical saw an opportunity to help.
Market Restraints
- Ensuring compatibility with diverse healthcare settings can constrain the market for medical carts.
Making sure that medical carts perform in a variety of healthcare environments and workflows is a significant problem for the industry. Medical carts must be able to easily adjust to a variety of settings because healthcare facilities vary in terms of design, size, and specialization. It is difficult for manufacturers to design carts that satisfy different equipment combinations, ergonomic requirements, and infection control criteria.
Market Developments
- July 2023: Midmark unveiled their newest range of mobile workstations. The purpose of the workstations is to give healthcare professionals a mobile workspace that comes with all the required equipment.
- August 2022: To represent a cohesive line of constantly evolving medical cart solutions, Tryten Technologies, a designer and manufacturer of lightweight mobile medical cart solutions, has rebranded its products and created a new website. Tryten's product lines, which include tablet solutions and medical device carts, are being renamed as the Tryten S series as the centerpiece of this rebranding. Moreover, the Tryten X series carts are now used for mobile workstations and AV displays. A premium range of compact and lightweight carts, the Tryten S series is made to fit today's tablets and portable medical equipment, such as ECG, vital signs, and ultrasound monitors. On the other hand, the Tryten X series is a cutting-edge range of stylish and maneuverable carts made to support bulkier peripherals including supply caddies, monitors, and all-in-one computers.
Market Segmentation
- By Product Type:
- Emergency Carts
- Procedure Carts
- Anesthesia Carts
- Computer Medical Carts
- Specialty Carts
- Medication Carts
- Others
- By Power Source:
- Powered Carts
- Non-powered Carts
- By Material Type:
- Polymer
- Steel
- Aluminum
- Others
- By End-User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
- Rehab Centers
- Nursing Homes
- Homecare Settings
- By Geography:
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
1.8. Key Benefits for the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. MEDICAL CART MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Emergency Carts
5.2.1. Market Trends and Opportunities
5.2.2. Growth Prospects
5.3. Procedure Carts
5.3.1. Market Trends and Opportunities
5.3.2. Growth Prospects
5.4. Anesthesia Carts
5.4.1. Market Trends and Opportunities
5.4.2. Growth Prospects
5.5. Computer Medical Carts
5.5.1. Market Trends and Opportunities
5.5.2. Growth Prospects
5.6. Specialty Carts
5.6.1. Market Trends and Opportunities
5.6.2. Growth Prospects
5.7. Medication Carts
5.7.1. Market Trends and Opportunities
5.7.2. Growth Prospects
5.8. Others
5.8.1. Market Trends and Opportunities
5.8.2. Growth Prospects
6. MEDICAL CART MARKET BY POWER SOURCE
6.1. Introduction
6.2. Powered Carts
6.2.1. Market Trends and Opportunities
6.2.2. Growth Prospects
6.3. Non-powered Carts
6.3.1. Market Trends and Opportunities
6.3.2. Growth Prospects
7. MEDICAL CART MARKET BY MATERIAL TYPE
7.1. Introduction
7.2. Polymer
7.2.1. Market Trends and Opportunities
7.2.2. Growth Prospects
7.3. Steel
7.3.1. Market Trends and Opportunities
7.3.2. Growth Prospects
7.4. Aluminum
7.4.1. Market Trends and Opportunities
7.4.2. Growth Prospects
7.5. Others
7.5.1. Market Trends and Opportunities
7.5.2. Growth Prospects
8. MEDICAL CART MARKET BY END-USER
8.1. Introduction
8.2. Hospitals
8.2.1. Market Trends and Opportunities
8.2.2. Growth Prospects
8.3. Specialty Clinics
8.3.1. Market Trends and Opportunities
8.3.2. Growth Prospects
8.4. Ambulatory Surgical Centers
8.4.1. Market Trends and Opportunities
8.4.2. Growth Prospects
8.5. Diagnostic Centers
8.5.1. Market Trends and Opportunities
8.5.2. Growth Prospects
8.6. Rehab Centers
8.6.1. Market Trends and Opportunities
8.6.2. Growth Prospects
8.7. Nursing Homes
8.7.1. Market Trends and Opportunities
8.7.2. Growth Prospects
8.8. Homecare Settings
8.8.1. Market Trends and Opportunities
8.8.2. Growth Prospects
9. MEDICAL CART MARKET BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. By Product Type
9.2.2. By Power Source
9.2.3. By Material Type
9.2.4. By End-User
9.2.5. By Country
9.2.5.1. United States
9.2.5.1.1. Market Trends and Opportunities
9.2.5.1.2. Growth Prospects
9.2.5.2. Canada
9.2.5.2.1. Market Trends and Opportunities
9.2.5.2.2. Growth Prospects
9.2.5.3. Mexico
9.2.5.3.1. Market Trends and Opportunities
9.2.5.3.2. Growth Prospects
9.3. South America
9.3.1. By Product Type
9.3.2. By Power Source
9.3.3. By Material Type
9.3.4. By End-User
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.1.1. Market Trends and Opportunities
9.3.5.1.2. Growth Prospects
9.3.5.2. Argentina
9.3.5.2.1. Market Trends and Opportunities
9.3.5.2.2. Growth Prospects
9.3.5.3. Others
9.3.5.3.1. Market Trends and Opportunities
9.3.5.3.2. Growth Prospects
9.4. Europe
9.4.1. By Product Type
9.4.2. By Power Source
9.4.3. By Material Type
9.4.4. By End-User
9.4.5. By Country
9.4.5.1. United Kingdom
9.4.5.1.1. Market Trends and Opportunities
9.4.5.1.2. Growth Prospects
9.4.5.2. Germany
9.4.5.2.1. Market Trends and Opportunities
9.4.5.2.2. Growth Prospects
9.4.5.3. France
9.4.5.3.1. Market Trends and Opportunities
9.4.5.3.2. Growth Prospects
9.4.5.4. Italy
9.4.5.4.1. Market Trends and Opportunities
9.4.5.4.2. Growth Prospects
9.4.5.5. Spain
9.4.5.5.1. Market Trends and Opportunities
9.4.5.5.2. Growth Prospects
9.4.5.6. Others
9.4.5.6.1. Market Trends and Opportunities
9.4.5.6.2. Growth Prospects
9.5. Middle East and Africa
9.5.1. By Product Type
9.5.2. By Power Source
9.5.3. By Material Type
9.5.4. By End-User
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.1.1. Market Trends and Opportunities
9.5.5.1.2. Growth Prospects
9.5.5.2. UAE
9.5.5.2.1. Market Trends and Opportunities
9.5.5.2.2. Growth Prospects
9.5.5.3. Others
9.5.5.3.1. Market Trends and Opportunities
9.5.5.3.2. Growth Prospects
9.6. Asia Pacific
9.6.1. By Product Type
9.6.2. By Power Source
9.6.3. By Material Type
9.6.4. By End-User
9.6.5. By Country
9.6.5.1. Japan
9.6.5.1.1. Market Trends and Opportunities
9.6.5.1.2. Growth Prospects
9.6.5.2. China
9.6.5.2.1. Market Trends and Opportunities
9.6.5.2.2. Growth Prospects
9.6.5.3. India
9.6.5.3.1. Market Trends and Opportunities
9.6.5.3.2. Growth Prospects
9.6.5.4. South Korea
9.6.5.4.1. Market Trends and Opportunities
9.6.5.4.2. Growth Prospects
9.6.5.5. Taiwan
9.6.5.5.1. Market Trends and Opportunities
9.6.5.5.2. Growth Prospects
9.6.5.6. Thailand
9.6.5.6.1. Market Trends and Opportunities
9.6.5.6.2. Growth Prospects
9.6.5.7. Indonesia
9.6.5.7.1. Market Trends and Opportunities
9.6.5.7.2. Growth Prospects
9.6.5.8. Others
9.6.5.8.1. Market Trends and Opportunities
9.6.5.8.2. Growth Prospects
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. Advantech Co. Ltd
11.2. AFC Industries Inc.
11.3. Capsa Healthcare
11.4. ITD GmbH
11.5. Harloff Manufacturing Co.
11.6. Joson-care Enterprise Co., Ltd
11.7. Jaco Inc.
11.8. The Bergmann Group
11.9. Midmark Corporation
Advantech Co. Ltd
AFC Industries Inc.
Capsa Healthcare
ITD GmbH
Joson-care Enterprise Co., Ltd
Jaco Inc.
The Bergmann Group
Midmark Corporation
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