Medical Carts Market Research Report – Global Forecast till 2030

Medical Carts Market Trends, Growth and Size Analysis By Product Type (Mobile Computing Carts, Medical Storage Columns), Type (Computer Medical Cart), Material Type (Plastic Type), and End-User (Hospitals & Clinics, Ambulatory Surgical Centers) – Global Forecast Till 2030

ID: MRFR/HC/5967-HCR | September 2022 | Region: Global | 110 Pages         

Medical Carts Market

Medical Carts Market is projected to grow at a CAGR of 12.8% to reach USD 8.91 billion over the forecast period 2022-2030.

Segmentation

By Product Type Mobile Computing Carts Medical Storage Columns
By Type Computer Medical Cart
By Material Type Plastic Type
By End-User Hospitals & Clinics Ambulatory Surgical Centers

Key Players

  • ITD GmbH
  • Advantech Co. Ltd
  • Harloff Manufacturing Co.
  • AFC Industries
  • Chang Gung Medical Technology Co.
  • Omnicell Inc
  • Midmark Corporation
  • The Bergmann Groupa
  • Capsa Healthcare
  • Jaco Inc

Drivers

  • The increasing availability of medical carts on online shopping portals
  • The increasing use of medical carts in home care
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Medical Carts Market Overview


The medical carts market size was valued USD 2.19 billion in 2021 and is expected to reach USD 8.91 billion by 2030 at 12.8% CAGR during the forecast period 2022-2030. Medial carts are used in the sector of healthcare facilities to store and transport medical supplies and medicines. These are both lightweight and durable. Medical coaches can focus on any scenario starting from crash carts and isolation carts to respiratory carts and others. Hospitals use medical carts to keep all their medical supplies in an organized way. There are different types of medical carts available in the market, such as emergency crash carts, anesthesia carts, procedure carts, medication carts, isolation carts, and others. Medical carts are used for medical help and support by streamlining the operations such as capturing the data in the field of electronic medical records (EMRs), by storing distributed equipment, supplies, and patient information, with standardizing techniques to encourage better health results at lower costs. 


The growth of the medical carts market globally is mainly operated by the rise in the number of geriatric individuals who have a high risk of developing chronic disorders. Moreover, a rise in focus on enhancing nursing efficiency, development in emphasis on patient safety, and the increasing EHR adoption to avoid medication errors are some main factors that fuel the development of the medical carts market share globally. Additionally, the growth in the significance of easy availability of critical medical supplies and increase in requirement to curtail mounting hospital prices and increase in healthcare awareness further stimulate the demand for medical carts, thus fueling the growth of the market. A substantial burden of diseases in developing countries is caused by illnesses and time-sensitive injuries, for example, hypoxia, intentional and unintentional injuries, severe infections, and others, which donate to the development of the medical carts market. The postponement in responding to these cases owing to difficulty accessing medical supplies has created an enormous problem in the healthcare sector.


Segmentation


The medical carts market is segmented based on product type, type, material type, and end-users.


The market, by product type, the market is segmented into mobile computing carts, medical storage columns, wall-mounted workstations, medication carts, and others.


Based on type, the market is segmented into computer medical cart, procedure cart, emergency cart, anaesthesia cart, and others.


Based on material type, the market is segmented into metal type, plastic type, and others.


Based on end-user, the market is segmented into hospitals and clinics, ambulatory surgical centres, and others.


On the basis of region, the global medical carts market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and Latin America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.


Regional Market Summary:


Sources: Centers for Disease Control and Prevention (CDC), World Health Organization (WHO), US Department of Health and Human Services, National Institutes of Health, Company’s Annual Report


The Americas region dominated the global medical carts market in 2017, owing to the presence of major market participants & sophisticated healthcare infrastructure and comparatively higher adoption of advanced medical devices in the US and Canada.  


Europe hoisted as the second largest region for the global medical carts market owing to increasing geriatric population along with the rise in the number of numerous surgeries is are expected to provide this market with lucrative growth opportunities. 


Asia-Pacific was projected to be the fastest growing region for the global medical carts market in 2017. The factors attributed to the due to the increasing focus on patient safety and increasing expenditure in healthcare infrastructure.  


The Middle East and Africa holds the least share in the medical carts market due to the presence of poor health expenditure and economically diverse countries. However, the market is expected to witness growth due to increasing healthcare programs in the Middle East.    


Recent Development


In the year 2022


Humanscale Healthcare, a creator and producer of flexible technology solutions and computer workstations based in New York, was acquired by Capsa Healthcare, a major innovator in healthcare delivery solutions for hospitals, long-term care, and retail pharmacy providers.


Intended Audience




  • Medical device companies




  • Government and private laboratories




  • Research and Development (R&D) companies




  • Medical research laboratories




  • Market research and consulting service providers




Market Segmentation and Key Market Players


Global Medical Carts Market, by Product Type




  • Mobile Computing Carts




  • Medical Storage Columns




  • Wall-Mounted Workstations




  • Medication Carts




  • Others




Global Medical Carts Market, by Type




  • Computer Medical Cart




  • Procedure Cart




  • Emergency Cart




  • Anesthesia Cart




  • Others




Global Medical Carts Market, by Material Type




  • Metal Type




  • Plastic Type




  • Others




Global Medical Carts Market, by End User




  • Hospitals and Clinics




  • Ambulatory Surgical Centers




  • Others




Global Medical Carts Market, by Region




  • Americas




  • Europe




  • Asia-Pacific




  • Middle East & Africa




Global Medical Carts Market, by Key Players




  • ITD GmbH




  • Advantech Co., Ltd




  • Harloff Manufacturing Co.




  • AFC Industries




  • Chang Gung Medical Technology Co.




  • Omnicell Inc




  • Midmark Corporation




  • The Bergmann Groupa




  • Capsa Healthcare




  • Jaco Inc




  • Waterloo Healthcare




  • Ergotron Inc




  • Others





Report Scope:

Report Attribute/Metric Details
  Market Size   USD 8.91 Billion
  CAGR   12.8%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product Type, Type, Material Type and End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   ITD GmbH, Advantech Co., Ltd, Harloff Manufacturing Co, AFC Industries, Chang Gung Medical Technology Co, Omnicell Inc, Midmark Corporation, The Bergmann Group, Capsa Healthcare, Jaco Inc, Waterloo Healthcare, Ergotron Inc
  Key Market Opportunities   Rising focus on enhancing nursing efficiency, development in emphasis on patient safety
  Key Market Drivers   Significance of easy availability of critical medical supplies


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Frequently Asked Questions (FAQ) :

The global medical carts market is expected to reach USD 8.91 billion by 2030.

The global medical carts market is expected to exhibit a strong 12.8% CAGR over the forecast period from 2022 to 2030.

The increasing availability of medical carts on online shopping portals and the increasing use of medical carts in home care are the major drivers for the medical carts market.

The Americas, followed by Europe, is the leading regional market for medical carts.

Leading players in the medical carts market include ITD GmbH, Advantech Co. Ltd., Harloff Manufacturing Co., AFC Industries, Omnicell Inc., Midmark Corporation, The Bergmann Group, Capsa Healthcare, Jaco Inc., and Ergotron Inc., among others.