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2022
Medical Carts Market

Medical Carts Market

by Type (Emergency carts, Procedure carts, Anesthesia carts, Other carts): Global Opportunity Analysis and Industry Forecast, 2021-2030

✷  Report Code: A01953
Apr 2022 | Pages: 213
Tables: 73
Charts: 51
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Medical Carts Market Research, 2030

The global medical carts market was valued at $1.4 billion in 2020, and is projected to reach $4.7 billion by 2030, growing at a CAGR of 13% from 2021 to 2030. Medial carts are used in healthcare facilities to store and transport medicines & medical supplies. 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. Hospitals can use medical carts to keep all their medical supplies well organized. There are various types of medical carts available such as anesthesia carts, emergency crash carts, procedure carts, isolation carts, medication carts, and others.

Surge in usage of medical carts to handle the medications and its safety storage during pandemics propelled the growth of the market.

Medical Carts Market

Growth of the global medical carts market is majorly driven by rise in number of aged individuals who are at high risk of developing chronic disorders. In addition, increase in focus on improving nursing efficiency, growth in emphasis on patient safety, and the rise in EHR adoption to prevent medication errors are some major factors that boost growth of the global medical carts market share. Furthermore, increase in significance of easy accessibility to critical medical supplies and growth in need to curtail mounting hospital costs along with increase in healthcare awareness further stimulate the demand for medical carts, thus boosting the growth.A 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. The delay in responding to these cases due to difficulty in accessing medical supplies has created a huge problem in the healthcare sector. Hence, many developing countries such as China, India, Mexico, and others are reforming their healthcare systems. This is expected to aid in promoting universal access to healthcare and adoption of technologically advanced products, which eventually improve the quality of health service and decrease medical errors. Many key players and government organizations invest more in the healthcare sector to improve patient safety and care. Investment in the healthcare sector has made it possible for the wide adoption of technologically advanced devices and products, such as medical carts, in emerging economies. Medical carts are used to treat a patient in emergencies by providing easy access to drugs, equipment, and devices. Medical carts are devices that increase patient safety by providing immediate patient care through their function and utility. Their presence reduces the chances of errors in medical settings and provides for an apt and productive prognosis. As patient safety is now a major concern in the developing economies, the use of equipment such as medical carts is anticipated to increase, thereby propelling the growth of the global medical carts market.

The outbreak of COVID-19 has disrupted workflows in the health care sector around the world. The disease has forced a number of industries to shut their doors temporarily, including several sub-domains of health care. However, there has been a positive effect on various products and services, including medical carts industry. As COVID-19 infection is widespread globally, patient care requirement has increased and personal protection &medical equipment such as medical carts are in high demand. The huge inflow of patients across the world diagnosed with various diseases has increased the usage of medical carts, which drive the growth of the market. Thus, the usage of medical carts during pandemic for the safe administration of medications is anticipated to drive the medical carts market growth during the forecast period.

Thus, surge in usage of medical carts to handle the medications and its safety storage during pandemichas propelled the growth of the medical carts industry. However, the medical carts market size is restrained by high cost incurred for the maintenance of medical carts.

Medical Carts Market Segmentation

The global medical carts market is segmented into type and region. Depending on type, the market is divided into emergency carts, anesthesia carts, procedure carts, and other carts. 
By region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

Segment Review

Depending on type, the emergency carts segment dominated the medical carts market share in 2020, and this trend is expected to continue during the forecast period,owing to rise in adoption for medical carts in hospitals, ambulatory surgical centers, and among others, as well as surge in manufacturing ofmedical carts by large number of key players.

Medical Carts Market
By Type

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Procedure carts segment would witness the fastest growth, registering a CAGR of 13.1% during the forecast period.

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North America garnered the major share in the medical carts market size in 2020, and is expected to continue to dominateduring the forecast period, owing to rise in geriatric population, presence of key players, development of the healthcare sector, and presence of new innovativemedical carts products in the region. However, Asia-Pacific is expected to register the highest CAGR of 13.8% from 2021 to 2030 during medical carts market forecast, owing to increase in use for the storage of medications.

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

Medical Carts Market
By Region

2030
North America 
Europe
Asia-Pacific
LAMEA

North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

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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.

Medical Carts Market Report Highlights

Aspects Details
Market Size By 2030 USD 4.7 billion
Growth Rate CAGR of 13%
Forecast period 2020 - 2030
Report Pages 213
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 Harloff Manufacturing Co, The Bergmann Group, Capsa Solutions LLC., Cardinal Scale, Lakeside Manufacturing, ITD GmbH, InterMetro Industries Corporation, Merino International, Armstrong Medical, Midmark Corporation

Analyst Review

Increase in number of musculoskeletal disorders and advancements in new device launches are expected to propel growth of the medical carts market. In addition, improvement in consumer awareness, surge in demand for preventive healthcare services, and new advancements are predicted to broaden medical carts clinical applications and increase the number of product approvals. Furthermore, use of medical carts for safe handling of medications contributestoward growth of the market.

The market has gained interest of healthcare companies, owing to focus on preventive facilities provided to patients who are undergoing critical surgeries, which are more complex than other health conditions. This leads to upsurge in utilization of medical carts for the storage of equipment and drugs, thus driving the growth of the market.

North America is expected to witness highest growth, in terms of revenue, owing to rise in geriatric population, presence of key players, and advancements in healthcare investments. Asia-Pacific was the second largest contributor to the market in 2020, and is expected to register fastest CAGR during the forecast period, owing to increase in number of older population and unmet needs from advanced medical carts’ products. However, high cost associated with medical carts maintenance is projected to restrain the market growth during the forecast period.
 

 
  • 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. Primary research

      • 1.4.2. Secondary research

      • 1.4.3. Analyst tools and models

  • CHAPTER 2: EXECUTIVE SUMMARY

    • 2.1. CXO Perspective

  • CHAPTER 3: MARKET OVERVIEW

    • 3.1. Market definition and scope

    • 3.2. Key findings

      • 3.2.1. Top impacting factors

      • 3.2.2. Top investment pockets

    • 3.3. Porter’s five forces analysis

      • 3.3.1. Low bargaining power of suppliers

      • 3.3.2. Low threat of new entrants

      • 3.3.3. Low threat of substitutes

      • 3.3.4. Low intensity of rivalry

      • 3.3.5. Low bargaining power of buyers

    • 3.4. Market dynamics

      • 3.4.1. Drivers

        • 3.4.1.1. Increased prevalence of chronic disease
        • 3.4.1.2. Rise in geriatric population to increase market expansion
      • 3.4.2. Restraints

        • 3.4.2.1. Expensive medical carts
      • 3.4.3. Opportunities

        • 3.4.3.1. Investment in the healthcare sector
  • 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 share 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 share 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 share 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 share analysis by country

  • CHAPTER 5: MEDICAL CARTS MARKET, BY REGION

    • 5.1. Overview

      • 5.1.1. Market size and forecast By Region

    • 5.2. North America

      • 5.2.1. Key market trends, growth factors and opportunities

      • 5.2.2. Market size and forecast, by Type

      • 5.2.3. 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 market trends, growth factors and opportunities

      • 5.3.2. Market size and forecast, by Type

      • 5.3.3. 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 market trends, growth factors and opportunities

      • 5.4.2. Market size and forecast, by Type

      • 5.4.3. 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 market trends, growth factors and opportunities

      • 5.5.2. Market size and forecast, by Type

      • 5.5.3. 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: COMPETITIVE 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. Top player positioning, 2020

  • CHAPTER 7: COMPANY PROFILES

    • 7.1. InterMetro Industries Corporation

      • 7.1.1. Company overview

      • 7.1.2. Key Executives

      • 7.1.3. Company snapshot

      • 7.1.4. Operating business segments

      • 7.1.5. Product portfolio

    • 7.2. Harloff Manufacturing Co

      • 7.2.1. Company overview

      • 7.2.2. Key Executives

      • 7.2.3. Company snapshot

      • 7.2.4. Operating business segments

      • 7.2.5. Product portfolio

    • 7.3. Armstrong Medical

      • 7.3.1. Company overview

      • 7.3.2. Key Executives

      • 7.3.3. Company snapshot

      • 7.3.4. Operating business segments

      • 7.3.5. Product portfolio

    • 7.4. Capsa Solutions LLC.

      • 7.4.1. Company overview

      • 7.4.2. Key Executives

      • 7.4.3. Company snapshot

      • 7.4.4. Operating business segments

      • 7.4.5. Product portfolio

    • 7.5. ITD GmbH

      • 7.5.1. Company overview

      • 7.5.2. Key Executives

      • 7.5.3. Company snapshot

      • 7.5.4. Operating business segments

      • 7.5.5. Product portfolio

    • 7.6. Midmark Corporation

      • 7.6.1. Company overview

      • 7.6.2. Key Executives

      • 7.6.3. Company snapshot

      • 7.6.4. Operating business segments

      • 7.6.5. Product portfolio

    • 7.7. The Bergmann Group

      • 7.7.1. Company overview

      • 7.7.2. Key Executives

      • 7.7.3. Company snapshot

      • 7.7.4. Operating business segments

      • 7.7.5. Product portfolio

    • 7.8. Lakeside Manufacturing

      • 7.8.1. Company overview

      • 7.8.2. Key Executives

      • 7.8.3. Company snapshot

      • 7.8.4. Operating business segments

      • 7.8.5. Product portfolio

    • 7.9. Cardinal Scale

      • 7.9.1. Company overview

      • 7.9.2. Key Executives

      • 7.9.3. Company snapshot

      • 7.9.4. Operating business segments

      • 7.9.5. Product portfolio

    • 7.10. Merino International

      • 7.10.1. Company overview

      • 7.10.2. Key Executives

      • 7.10.3. Company snapshot

      • 7.10.4. Operating business segments

      • 7.10.5. Product portfolio

  • LIST OF TABLES

  • TABLE 01. GLOBAL MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 02. MEDICAL CARTS MARKET FOR EMERGENCY CARTS, BY REGION, 2020-2030 ($MILLION)
    TABLE 03. MEDICAL CARTS MARKET FOR PROCEDURE CARTS, BY REGION, 2020-2030 ($MILLION)
    TABLE 04. MEDICAL CARTS MARKET FOR ANESTHESIA CARTS, BY REGION, 2020-2030 ($MILLION)
    TABLE 05. MEDICAL CARTS MARKET FOR OTHER CARTS, BY REGION, 2020-2030 ($MILLION)
    TABLE 06. MEDICAL CARTS MARKET, BY REGION, 2020-2030 ($MILLION)
    TABLE 07. NORTH AMERICA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 08. NORTH AMERICA MEDICAL CARTS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
    TABLE 09. U.S. MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 10. CANADA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 11. MEXICO MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 12. EUROPE MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 13. EUROPE MEDICAL CARTS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
    TABLE 14. GERMANY MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 15. FRANCE MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 16. U.K. MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 17. ITALY MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 18. SPAIN MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 19. REST OF EUROPE MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 20. ASIA-PACIFIC MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 21. ASIA-PACIFIC MEDICAL CARTS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
    TABLE 22. JAPAN MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 23. CHINA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 24. INDIA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 25. AUSTRALIA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 26. SOUTH KOREA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 27. REST OF ASIA-PACIFIC MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 28. LAMEA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 29. LAMEA MEDICAL CARTS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
    TABLE 30. BRAZIL MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 31. SAUDI ARABIA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 32. SOUTH AFRICA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 33. REST OF LAMEA MEDICAL CARTS MARKET, BY TYPE, 2020-2030 ($MILLION)
    TABLE 34. INTERMETRO INDUSTRIES CORPORATION: KEY EXECUTIVES
    TABLE 35. INTERMETRO INDUSTRIES CORPORATION: COMPANY SNAPSHOT
    TABLE 36. INTERMETRO INDUSTRIES CORPORATION: PRODUCT SEGMENTS
    TABLE 37. INTERMETRO INDUSTRIES CORPORATION: PRODUCT PORTFOLIO
    TABLE 38. HARLOFF MANUFACTURING CO: KEY EXECUTIVES
    TABLE 39. HARLOFF MANUFACTURING CO: COMPANY SNAPSHOT
    TABLE 40. HARLOFF MANUFACTURING CO: PRODUCT SEGMENTS
    TABLE 41. HARLOFF MANUFACTURING CO: PRODUCT PORTFOLIO
    TABLE 42. ARMSTRONG MEDICAL: KEY EXECUTIVES
    TABLE 43. ARMSTRONG MEDICAL: COMPANY SNAPSHOT
    TABLE 44. ARMSTRONG MEDICAL: PRODUCT SEGMENTS
    TABLE 45. ARMSTRONG MEDICAL: PRODUCT PORTFOLIO
    TABLE 46. CAPSA SOLUTIONS LLC.: KEY EXECUTIVES
    TABLE 47. CAPSA SOLUTIONS LLC.: COMPANY SNAPSHOT
    TABLE 48. CAPSA SOLUTIONS LLC.: PRODUCT SEGMENTS
    TABLE 49. CAPSA SOLUTIONS LLC.: PRODUCT PORTFOLIO
    TABLE 50. ITD GMBH: KEY EXECUTIVES
    TABLE 51. ITD GMBH: COMPANY SNAPSHOT
    TABLE 52. ITD GMBH: PRODUCT SEGMENTS
    TABLE 53. ITD GMBH: PRODUCT PORTFOLIO
    TABLE 54. MIDMARK CORPORATION: KEY EXECUTIVES
    TABLE 55. MIDMARK CORPORATION: COMPANY SNAPSHOT
    TABLE 56. MIDMARK CORPORATION: PRODUCT SEGMENTS
    TABLE 57. MIDMARK CORPORATION: PRODUCT PORTFOLIO
    TABLE 58. THE BERGMANN GROUP: KEY EXECUTIVES
    TABLE 59. THE BERGMANN GROUP: COMPANY SNAPSHOT
    TABLE 60. THE BERGMANN GROUP: PRODUCT SEGMENTS
    TABLE 61. THE BERGMANN GROUP: PRODUCT PORTFOLIO
    TABLE 62. LAKESIDE MANUFACTURING: KEY EXECUTIVES
    TABLE 63. LAKESIDE MANUFACTURING: COMPANY SNAPSHOT
    TABLE 64. LAKESIDE MANUFACTURING: PRODUCT SEGMENTS
    TABLE 65. LAKESIDE MANUFACTURING: PRODUCT PORTFOLIO
    TABLE 66. CARDINAL SCALE: KEY EXECUTIVES
    TABLE 67. CARDINAL SCALE: COMPANY SNAPSHOT
    TABLE 68. CARDINAL SCALE: PRODUCT SEGMENTS
    TABLE 69. CARDINAL SCALE: PRODUCT PORTFOLIO
    TABLE 70. MERINO INTERNATIONAL: KEY EXECUTIVES
    TABLE 71. MERINO INTERNATIONAL: COMPANY SNAPSHOT
    TABLE 72. MERINO INTERNATIONAL: PRODUCT SEGMENTS
    TABLE 73. MERINO INTERNATIONAL: PRODUCT PORTFOLIO
  • 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)

 
 

The medical carts market is expected to register a significant growth, owing to the increase in hospitalization due to various diseases and injuries. The market has gained momentum due to the introduction of emergency carts, which provides immediate access to medications and equipment in the first thirty minutes of a medical crisis.

Medical carts are necessary in any facility, such as hospitals, outpatient surgical centers, urgent care centers, and others facilities, owing to the provision of immediate and sufficient amount of medications for patients with sudden deterioration rate in health. There are three main types of medical carts, such as emergency, procedure, anesthetic, and other carts. Previously, all medical carts were simpler in structure consisting drawers to store medical equipment and drugs, but nowadays the advanced medical carts feature locking castors, power coated steel panels, worktops made of thermoformed acrylonitrile-butadiene-styrene (ABS), which could be easily cleaned and disinfected. In addition, carts also feature a “pull out” writing pad, and the other type, which is designed to support a laptop with additional mouse support.

Emergency carts consists of on board defibrillators, type E oxygen cylinder holder, cardiac massage board, and others essentials. Furthermore, anesthesia carts include a probe or catheter holder, ampoule holder, and others. Emergency carts dominated the medical carts market during the forecast period as it features many essential drugs, medications, medical devices, and medical instruments, which are easily accessible via carts. In addition, procedure carts are expected to grow with the highest CAGR during the forecast period with wide adoption globally as these carts aid in operating procedures with an easy access to medical tools and vital drugs. Furthermore, in the developing countries, such as China and India, there is an increase in demand for medical carts due to the dense population and the need to provide bedside care and safety quickly. However, high cost of medical carts due to requirement of various modifications, dearth of skilled professionals, and scarcity of funds are factors that restrain the market growth specially in the developing economies. In addition, lack of sterilized medical carts is a key factor that restrains the market growth globally as there are many cases in which the carts have spread allergies across the hospital.

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FREQUENTLY ASKED QUESTIONS?

A. The total market value of Medical Carts market is $1374.17 million in 2020.

A. The forecast period for Medical Carts market is 2021 to 2030.

A. The base year is 2020 in Medical Carts market.

A. Top companies such as Armstrong Medical Inc., Cardinal Scale, Capsa Solutions LLC, Harloff Company, Intermetro Industries Corporation, ITD GmbH, Lakeside Manufacturing, Merino Healthcare, Midmark Corporation and The Bergmann Group held a high market position in 2020.

A. Emergency Carts segment dominated the global market in 2020, and expected to continue this trend throughout the forecast period due to the technological advancements and new product launch and thus is expected to drive the segment

A. Increase in demand for new technologies in Medical Carts , advanced infrastructure for research & development and investments in healthcare is anticipated to drive the market in the forecast period.

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