NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Data Bridge Market Research has published a new research report titled Global Medical Carts Market gives a holistic view of the market from 2022 to 2029, Which Includes primary and secondary drivers, market share, leading segments, possible sales volume and geographical analysis. Medical Carts market report contains thorough description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their swot analysis and porter's five force analysis. Medical Carts market report has been prepared by keeping in mind the customer requirements which assist them in increasing their return on investment (ROI). Furthermore, it endows with historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This market research report encompasses a far-reaching research on the current conditions of the Medical Carts industry, potential of the market in the present and the future prospects. The persuasive Medical Carts Market report also covers very important aspect which is competitive intelligence and with this businesses can gain competitive advantage to thrive in the market.
The global medical carts market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 13.3% in the forecast period of 2022 to 2029 and is expected to reach USD 2,004.56 million by 2029. The increasing hospital admissions and improved facilities may drive the global medical carts market growth.
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Market Overview:-
The medical carts market is expected to gain market growth due to improving healthcare facilities and infrastructures and the adoption of electronic medical records at the hospital, which can drive the growth of the market. The other factors which are anticipated to propel the growth of the medical carts market include the rising cases of musculoskeletal injuries and surgeries.
The other factors, such as the lack of skilled professionals and the high cost of customized medical carts, hamper the growth of the global medical carts market. On the other hand, the increased healthcare expenditure and emerging countries with developed hospitals act as an opportunity for the growth of the global medical carts market.
Companies Covered:
- AFC Industries,
- ITD Gmbh,
- Capsa Healthcare,
- Omnicell Inc.,
- Harloff Manufacturing Company,
- Jaco Inc.,
- Humanscale,
- Midmark Corporation,
- Advantech Co., Ltd.,
- Bergmann Group,
- Intermetro Industries Corporation,
- Mckesson Medical-Surgical Inc.,
- Pedigo Products,
- Ergotron, Inc.,
- Enovate Medical., Performance Health,
- Jegna (Xiamen) Info&Tech Co., Ltd,
- Herman Miller, Inc.,
- Zhangjiagang Bestran Technology Co.,Ltd,
- BAILIDA MEDICAL,
- Bihealthcare (Zhangjiagang Braun Industry Co., Ltd.),
- HI-LIFE Technology,
- Medical Master Co., Ltd.,
- Hua Shuo Plastic Co., Ltd.,
- Villard,
- JOSON-CARE Enterprise co., LTD.,
- Chang Gung Medical Technology Co., Ltd.,
- Altus, Inc.,
- Bytec Healthcare Ltd, and
- AMD Global Telemedicine
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Recent Industry Developments:-
- In June 2022, Ergotron Inc. launched a new product CareFit Combo System. This is wall mounted solution that makes the documentation efficient and comfortable. The CareFit Combo System adds to Ergotron's CareFit product line. It offers more alternatives to meet various workflows in the healthcare industry, facilitating patient relationships and lowering the chance of error. This launch covers the requirement of nurses, managing the space requirement, comfortable documentation, and flexible workflow
- In June 2022, Atlas announced the expansion of their Cameo telehealth cart line to fulfill rising demand and the quick uptake of telehealth solutions in healthcare facilities. The newly designed Cameo tablet carts provide improved virtual interactions like teleconsultations, physician rounding, and translation services. This expansion will increase the demand for the company products and help in increasing the growth of the company worldwide
Opportunities
- surge in healthcare expenditure
The amount of money a country uses on its healthcare and its growth rate over time is inclined by various economic and social factors, including the financing arrangements and structure of the health system organization. In particular, there is a strong association between the whole income level and how much the population of that country spends on health care.
Healthcare expenditure has increased across developed countries, and emerging economies as the disposable income of people are growing. Moreover, to accomplish the population requirements, the government bodies and healthcare organizations in different regions are taking the initiative by virtue of accelerating healthcare expenditure. The rise in healthcare expenditure helps healthcare organizations improve their facilities and equipment, including medical carts.
- Strategic initiatives by key market players
Strategic initiatives such as acquisition, partnership, contract agreement, and conference participation provide opportunities to flourish their customer base. Moreover, through such initiative strategies, both companies expand their reach through new geographic or industry markets, access to new products or services, or new types of customers. Both the market players open the door to additional or new resources such as technology and talent.
- Convenience of carts
The medical carts are helping the medical and surgical staff hustle-free with the convenient application. Many healthcare providers have shifted to medical carts with EMR systems to store medical data and maintain on-spot to have continuous vision over the treatment progress. These have helped healthcare providers eliminate the mountain of paper works of medical data. The burden has been reduced with one touch panel to store and access multiple data on EMR medical carts. In cases of emergency, these carts with EMR allow rapid search and visualization of records instantly.
- Emerging countries with developed hospitals
Developing countries such as India, China, and Argentina are improving their countries' healthcare facilities. The rising cases of non-communicable chronic diseases, cardiac arrests, diabetes, and others demand high requirements for hospital facilities with rising hospital admission and treatments. The high disease rates in developing countries also enhance the opportunity for market players to distribute their products at a good pace. The root reason for their disease burden is the consequences of poverty, such as poor nutrition, air pollution, and unsanitary food habits and lifestyle. Hence, this rises the requirement for high facilitated hospitals in these developing countries.
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Critical Insights Related to the Medical Carts Included in the Report:
- Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume
Segmentation Outlook:
By Product (Mobile Computing Carts, Medical Storage Columns, Cabinets and Accessories, Medication Carts, Wall-Mounted Workstations and Other),
By Type (Computer Medical Cart, Emergency Cart, Procedure Cart, Anesthesia Cart, Medical Laboratory Utility Cart, and Others)
By Application (Medical, Medical Imaging, Laboratory, and Others)
By Material Type (Plastic, Wood, Stainless Steel, Metal and Others)
By Payload (50 kg, 65 kg, 80 kg, 150 kg, 180 kg and Others)
By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Trauma Centers, and Others)
By Distribution Channel (Direct Tender, Third Party Distributors and Others)
Regional Analysis
The countries covered in the Medical Carts Market Report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The global medical carts market report U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Turkey, Switzerland, Belgium, Rest Of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest Of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel and Rest of Middle East and Africa.
North America dominates the global medical carts market with a CAGR of around 14.3% in terms of market share and market revenue. It will continue to flourish its dominance during the forecast period. This is due to the rising cases of musculoskeletal injuries, surgeries, and the adoption electronic medical records at the hospital.
Table of Contents
- Report Summary
- Medical Carts Market Overview and Key Insights
- Medical Carts Market Determinants
- Medical Carts Market Segmentation
- Research Methodology
- Medical Carts Market by Product, 2022-2029 (USD Million)
- Medical Carts Market by Distribution Channel, 2022-2029 (USD Million)
- Medical Carts Market by Region 2022-2029 (USD Million)
- Competitive Landscape
- Company Profiles
- Appendix
View Detailed Table of Content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-carts-market&PNW/18Aug2022
The Report Covers
- Medical Carts market value data analysis of 2022 and forecast to 2029.
- Annualized market revenues ($ million) for each market share.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Medical Carts market. Based on the availability of data, information related to new product launches, practical solutions, dedicated research and analysis, innovation, talent solutions is also available in the report.
- Analysis of business policies by identifying the key market segmentation positioned for strong growth in the future.
- Analysis of major collaborations, merger acquisitions and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where' in the market on the basis of consumer's demands and preferences.
Browse Trending Reports:
Asia-Pacific Medical Carts Market, By Product (Mobile Computing Carts, Medical Storage Columns, Cabinets and Accessories, Medication Carts, Wall-Mounted Workstations and Other), Type (Computer Medical Cart, Emergency Cart, Procedure Cart, Anesthesia Cart, Medical Laboratory Utility Cart, and Others), Application (Medical, Medical Imaging, Laboratory, and Others), Material Type (Plastic, Wood, Stainless Steel, Metal and Others), Payload (50 kg, 65 kg, 80 kg, 150 kg, 180 kg and Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Trauma Centers, and Others), Distribution Channel (Direct Tender, Third Party Distributors and Others) – Industry Trends & Forecast to 2029 https://www.databridgemarketresearch.com/reports/asia-pacific-medical-carts-market
Europe Medical Carts Market, By Product (Mobile Computing Carts, Medical Storage Columns, Cabinets and Accessories, Medication Carts, Wall-Mounted Workstations and Other), Type (Computer Medical Cart, Emergency Cart, Procedure Cart, Anesthesia Cart, Medical Laboratory Utility Cart, and Others), Application (Medical, Medical Imaging, Laboratory, and Others), Material Type (Plastic, Wood, Stainless Steel, Metal and Others), Payload (50 kg, 65 kg, 80 kg, 150 kg, 180 kg and Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Trauma Centers, and Others), Distribution Channel (Direct Tender, Third Party Distributors and Others) – Industry Trends & Forecast to 2029 https://www.databridgemarketresearch.com/reports/europe-medical-carts-market
North America Medical Carts Market, By Product (Mobile Computing Carts, Medical Storage Columns, Cabinets and Accessories, Medication Carts, Wall-Mounted Workstations and Other), Type (Computer Medical Cart, Emergency Cart, Procedure Cart, Anesthesia Cart, Medical Laboratory Utility Cart, and Others), Application (Medical, Medical Imaging, Laboratory, and Others), Material Type (Plastic, Wood, Stainless Steel, Metal and Others), Payload (50 kg, 65 kg, 80 kg, 150 kg, 180 kg and Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Trauma Centers, and Others), Distribution Channel (Direct Tender, Third Party Distributors and Others) – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/north-america-medical-carts-market
Middle East and Africa Medical Carts Market, By Product (Mobile Computing Carts, Medical Storage Columns, Cabinets and Accessories, Medication Carts, Wall-Mounted Workstations and Other), Type (Computer Medical Cart, Emergency Cart, Procedure Cart, Anesthesia Cart, Medical Laboratory Utility Cart, and Others), Application (Medical, Medical Imaging, Laboratory, and Others), Material Type (Plastic, Wood, Stainless Steel, Metal and Others), Payload (50 kg, 65 kg, 80 kg, 150 kg, 180 kg and Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Trauma Centers, and Others), Distribution Channel (Direct Tender, Third Party Distributors and Others) – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/middle-east-and-africa-medical-carts-market
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