Global Medical Carts Market Report and Forecast 2024-2032

Global Medical Carts Market Outlook

The growth of the medical carts market size is being driven by the increasing demand for medical carts in hospitals, clinics, and other healthcare facilities across the globe. The market attained a value of USD 3.55 billion in 2023. The market is likely to grow at a CAGR of 14.1% during the forecast period of 2024-2032 to attain a value of USD 11.63 billion by 2032.

Increasing Demand for Emergency Carts to Bolster the Growth of the Medical Carts Industry

Based on type, the emergency carts segment accounts for a significant share in the market and is likely to witness a steady growth in the forecast period. The lightweight of emergency carts allows the doctors or healthcare staff to manage the situation more efficiently. With the help of emergency carts, patients can be provided with care in less time in the case of an emergency.

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Over the forecast period, the growing advancements in the segment, which include improved mobility and the development of lighter weight designs, are anticipated to propel the demand for the product. Furthermore, emergency carts are used in emergency care units, where patients are susceptible to various kinds of infections and diseases. Emergency carts include the prefabricated kits which contain surgical gowns and sterile items, among others.

North America Accounts for the Largest Share in the Medical Carts Industry

The medical carts industry in North America is driven by the rapid advancements in healthcare operations and the growing focus to streamline the same. The market in the region is anticipated to be bolstered by the rising cases of cardiovascular and musculoskeletal injury, which require immediate medical attention. Additionally, the market is expected to be aided by the rising number of doctors and healthcare staff in hospitals, clinics, and ambulatory surgical centres. The healthcare professionals in the region are well aware of the handling of medical carts.

Medical Carts: Market Segmentation

A medical cart is defined as a lightweight and durable cart stocked with medical equipment, supplies, and drugs for use by doctors and healthcare staff, especially in case of an emergency. It is kept in medical facilities for storing and transporting medications, emergency equipment, and medical supplies.

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Based on product, the market is segmented into:

• Medical Storage Columns
• Wall-Mounted Workstations
• Mobile Computing Carts
• Medication Carts
• Others

The different types of medical carts include:

• Emergency Carts
• Procedure Carts
• Anaesthesia Carts
• Computer Medical Carts
• Others

By material type, the industry can be divided into:

• Metal
• Plastic
• Others

The major end uses of medical carts include:

• Hospitals and Clinics
• Ambulatory Surgical Centres
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Applications of the Product in Hospitals and Clinics and Ambulatory Surgical Centres to Boost the Growth of the Medical Carts Industry

The global medical carts industry is driven by the rising applications of the product in hospitals and clinics and ambulatory surgical centres. Among these end uses, hospitals and clinics account for a significant share, owing to the rising patient admission rates. Medical carts enhance patient experience and provide healthcare professionals with all the necessary equipment in order to give them comfort. The growing adoption of mobile computing carts in hospitals is likely to be another major factor driving the market growth. In addition to that, medical carts reduce the chances of error by the healthcare staff.

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Key Industry Players in the Global Medical Carts Market

The report gives a detailed analysis of the following key players in the global medical carts market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• InterMetro Industries Corporation
• The Harloff Company
• Armstrong Medical Inc.
• CAPSA Healthcare
• Ergotron, Inc.
• Medline Industries Inc
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report