Market Scope
The medical carts market can procure a CAGR of 12.1% over the appraisal period (2017 to 2023), says MRFR (Market Research Future).
Major Boosters and Barriers
Healthcare industry is primarily focused on offering hassle-free, smoother, and convenient patient care, which makes it absolutely important to make use of advanced medical carts. Over the past few years, preference for compact medical devices that streamline clinical workflows, like informative documentation of inpatient admissions, medication recording and supplies for fluid administration has soared, which has been favourable for the Medical Carts Market Share to a large extent. Increasing need to assist the medical staff, especially in view of the rising number of surgeries can further bolster the growth trajectory.
Medical cart integrated with a tablet PC has emerged as a vital component on a surgical floor, fast replacing separate computers and carts. As a result, the demand for medical computer carts has risen considerably, as critical care units generally need these systems, given the restricted floor space. Also, the mounting efforts given by healthcare vendors to provide consistent supply will fuel business growth in the ensuing years.
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Key Companies
Some of the top manufacturers of medical carts are Harloff Manufacturing Co., Omnicell Inc., ITD GmbH, Advantech Co. Ltd., Jaco Inc., AFC Industries, Midmark Corporation, The Bergmann Group, Capsa Healthcare, Ergotron Inc., and more.
Segmentation
Medical carts market has been segmented with respect to product type, type, material type, and end-users.
Product types considered are medication carts, wall-mounted workstations, medical storage columns, mobile computing carts, and others.
Types of medical carts include computer medical cart, procedure cart, anesthesia carts, emergency cart, and others.
Depending on material type, the segments are plastic type, metal type, and more.
Market end-users are ambulatory surgical centers, hospitals and clinics, and more.
Regional Outlook
Europe, the Americas, APAC or Asia Pacific, as well as MEA or Middle East and Africa are the main markets for medical carts worldwide.
Sales of medical carts in the Americas should boom phenomenally in the following years, with majority of the players focusing on exploring new avenues to achieve a competitive edge over their rivals in the region. This, along with the well-established healthcare system and the rising adoption of innovative carts in Canada as well as the US can foster further market expansion. Medical device manufacturers in the region are largely focused on developing advanced medical carts with better features, thereby striving to modify their product portfolio to include newer products like automated dispensing systems, clinical workstations with batteries and security drawers.
European market for medical carts is in the second place and seems to be making rapid progress on the back of surging number of EHR incentive programs and the rising focus on enhancing patient engagement across hospitals. Electric medical carts and medical computer carts are witnessing robust sales in the region, thanks to the players’ growing emphasis on elevating nursing efficiency as well as the soaring need to cut down hospital costs.
However, the fastest advancing market will be APAC, in view of the expanding healthcare sector and the growing focus on enhancing patient care. The surge in healthcare expenditure, and healthcare firms working on developing low-cost, technology driven devices and solutions should also benefit the APAC industry.
Latest News
February 2021
Colson Group, a world-renowned manufacturer of wheels and casters, has developed a new line of wheels that can be used in medical carts and equipment are in sterilization chambers with high temperatures. The Sterilizer High-Temp Soft Wheels are cost effective and have antimicrobial characteristics and are ideal for use in medical carts.
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