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Medical Carts Market by Type (Emergency, Procedure, Anesthesia, and Other Carts): Global Opportunity Analysis and Industry Forecast, 2017-2023

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LI_172284
Pages: 180
May 2017 | 3449 Views
 
Author's : Garima Chandra
Tables: 44
Charts: 31
 

Medical Carts Market Overview:

Global Medical Carts Market is expected to reach at $1,302 million by 2023 from $571 million in 2016, registering a CAGR of 12.4% from 2017 to 2023. A medical cart or trolley is a wheeled cabinet with drawers and trays that is used in various medical, surgical, and therapeutic modalities. These are used widely used across hospitals and clinical settings to keep drugs, tools, equipment, and medical devices for the specified treatment.

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Rise in the need for rapid and easy accessibility to medical supplies, improving focus on patient safety, nursing efficiency, and development in advanced technologies, such as telemedicine are some key factors that drive the growth of global medical carts market. Moreover, growth in investment on healthcare infrastructures in rapidly growing countries, such as India and China, foster the demand for medical carts market. However, high cost of customized medical carts, dearth of skilled professionals, and scarcity of funds restrain the market growth especially in the developing countries. In addition, high maintenance of medical carts that needs regular sterilization as carts spread allergies across the hospital restricts the market growth.

Segment Review

The medical cart market is segmented based on type into anesthesia, emergency, procedure, and other carts. Based on region, medical carts market is divided into North America, Europe, Asia-Pacific, and LAMEA.

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China

Rapid economic growth, increase in healthcare expenditure, and hospital reforms drive the medical carts market in China, owing to the aged population and advancement in private & public hospitals. Moreover, the healthcare reform in China is strongly influenced by policies issued at various government levels including, state council, national health, and family planning commission.

The report provides a comprehensive analysis of the key players operating in the global medical carts market, such as InterMetro Industries Corporation (A Part Of Ali Group), Harloff Company (Harloff Manufacturing Co.), Armstrong Medical, Capsa Solutions LLC., Omnicell Inc., Medline Industries Inc., ITD GmbH, Midmark Corporation, The Bergmann Group, Life-Medic HealthCare Supplies Pte Ltd.

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The other key players in the value chain include Jegna, Herman Miller, Inc., Zhangjiagang Bestran Technology Co. Ltd., Merino International, BiHealthcare, Tianjin Xuhua Medical Equipment Factory, Medical Master, Hua Shuo Plastic Co., Ltd., Joson-Care Enterprise Co., Ltd., and Tonglu Rex Medical Instrument Co., Ltd.

Key Market Benefits

  • The study provides an in-depth analysis, current trends, and future estimations of the global medical carts market to elucidate the imminent investment pockets.
  • Comprehensive analysis of factors that drive and restrict the market growth is provided.
  • A quantitative analysis of the industry from 2017 to 2023 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
  • Extensive analysis of key segments of the industry is provided to understand the type of products and indications used globally.
  • Key market players and their strategies are analyzed to understand the competitive outlook of the market.

Medical Carts Market Key Segments:

By Type

  • Emergency
  • Anesthesia
  • Procedure
  • Other Carts

By Region

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

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & 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 investment pockets

3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. REGULATORY FRAMEWORK
3.5. TOP PLAYER POSITIONING, 2016
3.6. MARKET DYNAMICS

3.6.1. Drivers

3.6.1.1. Technological advancements
3.6.1.2. Rapid expansion of healthcare industry and healthcare reforms in developing economies
3.6.1.3. Rise in focus on improving patient safety and nursing efficiency

3.6.2. Restraints

3.6.2.1. High cost incurred for the maintenance of medical carts
3.6.2.2. Dearth of skilled professionals

3.6.3. Opportunity

3.6.3.1. Lucrative opportunities in emerging markets

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
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast

4.3. PROCEDURE CARTS

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast

4.4. ANESTHESIA CARTS

4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast

4.5. OTHER CARTS

4.5.1. Key market trends
4.5.2. Growth factors and opportunities
4.5.3. Market size and forecast

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 market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.2.3.1. U.S. market size and forecast (Value and Volume)
5.2.3.2. Mexico market size and forecast (Value and Volume)
5.2.3.3. Canada market size and forecast (Value and Volume)

5.3. EUROPE

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.3.3.1. UK market size and forecast (Value and Volume)
5.3.3.2. France market size and forecast (Value and Volume)
5.3.3.3. Germany market size and forecast (Value and Volume)
5.3.3.4. Italy market size and forecast (Value and Volume)
5.3.3.5. Spain market size and forecast (Value and Volume)
5.3.3.6. Rest of Europe market size and forecast (Value and Volume)

5.4. ASIA-PACIFIC

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

5.4.3.1. India market size and forecast (Value and Volume)
5.4.3.2. Japan market size and forecast (Value and Volume)
5.4.3.3. China market size and forecast (Value and Volume)
5.4.3.4. South Korea market size and forecast (Value and Volume)
5.4.3.5. Indonesia market size and forecast (Value and Volume)
5.4.3.6. Rest of Asia-Pacific market size and forecast (Value and Volume)

5.5. LAMEA

5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast

5.5.3.1. Brazil market size and forecast (Value and Volume)
5.5.3.2. Turkey market size and forecast (Value and Volume)
5.5.3.3. South Africa market size and forecast (Value and Volume)
5.5.3.4. Saudi Arabia market size and forecast (Value and Volume)
5.5.3.5. Rest of LAMEA market size and forecast (Value and Volume)

Chapter: 6 COMPANY PROFILES

6.1. INTERMETRO INDUSTRIES CORPORATION

6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Operating business segments
6.1.4. Business performance
6.1.5. Key strategic moves and developments

6.2. THE HARLOFF COMPANY, INC.

6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Operating business segments
6.2.4. Business performance
6.2.5. Key strategic moves and developments

6.3. ARMSTRONG MEDICAL INDUSTRIES INC.

6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Operating business segments
6.3.4. Business performance
6.3.5. Key strategic moves and developments

6.4. CAPSA SOLUTIONS LLC

6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Operating business segments
6.4.4. Business performance
6.4.5. Key strategic moves and developments

6.5. OMNICELL INC

6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Operating business segments
6.5.4. Business performance
6.5.5. Key strategic moves and developments

6.6. MEDLINE INDUSTRIES INC

6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Operating business segments
6.6.4. Business performance
6.6.5. Key strategic moves and developments

6.7. ITD GMBH

6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Operating business segments
6.7.4. Business performance
6.7.5. Key strategic moves and developments

6.8. MIDMARK CORPORATION

6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Operating business segments
6.8.4. Business performance
6.8.5. Key strategic moves and developments

6.9. THE BERGMANN GROUP

6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Operating business segments
6.9.4. Business performance
6.9.5. Key strategic moves and developments

6.10. LIFE-MEDIC HEALTHCARE SUPPLIES PTE LTD

6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Operating business segments
6.10.4. Business performance
6.10.5. Key strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL MEDICAL CARTS MARKET, BY TYPE, 2016–2023 ($MILLION)
TABLE 2. GLOBAL MEDICAL CARTS MARKET, BY TYPE, 2016–2023 (THOUSAND UNIT)
TABLE 3. EMERGENCY CARTS MARKET, BY REGION, 2016–2023 ($MILLION)
TABLE 4. EMERGENCY CARTS MARKET, BY REGION, 2016–2023 (THOUSAND UNIT)
TABLE 5. PROCEDURE CARTS MARKET, BY REGION, 2016–2023 ($MILLION)
TABLE 6. PROCEDURE CARTS MARKET, BY REGION, 2016–2023 (THOUSAND UNIT)
TABLE 7. ANESTHESIA CARTS MARKET, BY REGION, 2016–2023 ($MILLION)
TABLE 8. ANESTHESIA CARTS MARKET, BY REGION, 2016–2023 (THOUSAND UNIT)
TABLE 9. OTHER CARTS MARKET, BY REGION, 2016–2023 ($MILLION)
TABLE 10. OTHER CARTS MARKET, BY REGION, 2016–2023 (THOUSAND UNIT)
TABLE 11. MEDICAL CARTS MARKET, BY REGION, 2016–2023 ($MILLION)
TABLE 12. MEDICAL CARTS MARKET, BY REGION, 2016–2023 (THOUSAND UNIT)
TABLE 13. NORTH AMERICA MEDICAL CARTS MARKET, BY COUNTRY, 2016–2023 ($MILLION)
TABLE 14. NORTH AMERICA MEDICAL CARTS MARKET, BY COUNTRY, 2016–2023 (THOUSAND UNIT)
TABLE 15. NORTH AMERICA MEDICAL CARTS, BY TYPE, 2016–2023 ($MILLION)
TABLE 16. NORTH AMERICA MEDICAL CARTS, BY TYPE, 2016–2023 (THOUSAND UNIT)
TABLE 17. EUROPE MEDICAL CARTS MARKET, BY COUNTRY, 2016–2023 ($MILLION)
TABLE 18. EUROPE MEDICAL CARTS MARKET, BY COUNTRY, 2016–2023  (THOUSAND UNIT)
TABLE 19. EUROPE MEDICAL CARTS, BY TYPE, 2016–2023 ($MILLION)
TABLE 20. EUROPE MEDICAL CARTS, BY TYPE, 2016–2023 (THOUSAND UNIT)
TABLE 21. ASIA-PACIFIC MEDICAL CARTS MARKET, BY COUNTRY, 2016–2023 ($MILLION)
TABLE 22. ASIA-PACIFIC MEDICAL CARTS MARKET, BY COUNTRY, 2016–2023  (THOUSAND UNIT)
TABLE 23. ASIA-PACIFIC MEDICAL CARTS, BY TYPE, 2016–2023 ($MILLION)
TABLE 24. ASIA-PACIFIC MEDICAL CARTS, BY TYPE, 2016–2023 (THOUSAND UNIT)
TABLE 25. LAMEA MEDICAL CARTS MARKET, BY COUNTRY, 2016–2023 ($MILLION)
TABLE 26. LAMEA MEDICAL CARTS MARKET, BY COUNTRY, 2016–2023 (THOUSAND UNIT)
TABLE 27. LAMEA MEDICAL CARTS, BY TYPE, 2016–2023 ($MILLION)
TABLE 28. LAMEA MEDICAL CARTS, BY TYPE, 2016–2023 (THOUSAND UNIT)

LIST OF FIGURES

FIGURE 1. GLOBAL MEDICAL CARTS MARKET 2017-2023
FIGURE 2. GLOBAL MEDICAL CARTS MARKET, BY GEOGRAPHY
FIGURE 3. GLOBAL MEDICAL CARTS MARKET SEGMENTATION
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. BARGAINING POWER OF BUYERS
FIGURE 6. BARGAINING POWER OF SUPPLIERS
FIGURE 7. THREAT OF NEW ENTRANTS
FIGURE 8. THREAT OF SUBSTITUTION
FIGURE 9. COMPETITIVE RIVALRY
FIGURE 10. GLOBAL MEDICAL CARTS MARKET: RESTRAINTS AND DRIVERS
FIGURE 11. GLOBAL MEDICAL CARTS SEGMENTATION
FIGURE 12. U.S. MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 13. MEXICO MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 14. CANADA MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 15. UK MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 16. FRANCE MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 17. GERMANY MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 18. ITALY MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 19. SPAIN MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 20. REST OF EUROPE MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 21. INDIA MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 22. JAPAN MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 23. CHINA MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 24. SOUTH KOREA MEDICAL CARTS MARKET, 2016-2023  ($MILLION AND THOUSAND UNIT)
FIGURE 25. INDONESIA MEDICAL CARTS MARKET, 2016-2023  ($MILLION AND THOUSAND UNIT)
FIGURE 26. REST OF ASIA-PACIFIC MEDICAL CARTS MARKET, 2016-2023  ($MILLION AND THOUSAND UNIT)
FIGURE 27. BRAZIL MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 28. TURKEY MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 29. SOUTH AFRICA MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 30. SAUDI ARABIA MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)
FIGURE 31. REST OF LAMEA MEDICAL CARTS MARKET, 2016-2023 ($MILLION AND THOUSAND UNIT)

 

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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