(MENAFN- CDN Newswire) Data Bridge Market Research recently published Global Medical Carts Market study with an in-depth overview, describing the Product / Industry Scope and elaborates market outlook and status to 2026. The market Study is segmented by key regions that are accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are AFC Industries, Chang Gung Medical Technology Co., Altus Inc., ITD GmbH, Life-Medic HealthCare Supplies Pte Ltd., Armstrong Medical Inc., Capsa Healthcare, others.
global Medical Carts Market accounted to USD 721.1 million in 2018 to an estimated value of USD 2130 million by 2026, growing at a CAGR of 14.5% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Some of the major players operating in medical carts market are Medline Industries Inc., Midmark Corporation, McKesson Medical-Surgical Inc., Nortek, Inc., Omnicell Inc., Harloff, Ergotron, Inc., Enovate Medical, JACO Inc. and others.
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Market Definition:
Medical carts are used for medical aid by facilitating to record, store, and dispense equipment, supplies, and patient information. They are medical trolley comprising compartments, set of drawers, and trays, they are used in hospital and medical settings to carry, transport, and dispense emergency supplies, medicines, medical instruments, and medical devices.
Market Drivers
- Improving focus on patient safety
- Increase in healthcare expenditure
- Growth in investment on healthcare infrastructures
- Technological developments
Market Restraints
- High cost of customized medical carts
- Lack of skilled professionals
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Segmentation: Global Medical Carts Market
ByType
- Emergency
- Anesthesia
- Procedure
- Other carts
By Product
- Medical Storage Columns
- Wall-Mounted Workstations
- Wall Arm Workstations
- Wall Cabinet Workstations
- Mobile Computing Carts
- Telemedicine Carts
- Computer Carts
- Medication Carts
- Documentation Carts
- Medication Carts
By Material Type
By End- User
- Hospitals
- Nursing homes
- Long term care centers
- Clinics
- Others
By Geography
- North America
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia-Pacific
- Middle East & Africa
- South Africa
- Egypt
- Saudi Arabia
- United Arab Emirates
- Israel
- Rest of Middle East & Africa
Key Developments in the Market:
- In February 2019, Altus, Inc. launched new workstation base and wall-mounted workstation, this new workstation is built with an improved durable material that can withstand a 250+ lb. An adult can stand on it without stressing or distorting. The company is also demoing its new and improved Reach, an affordable wall-mounted workstation.
- In February 2019, Jaco Announces PerfectView AIO, it is a first EHR cart built for battery-powered all in one PCs. It helps nurses maneuver easily throughout the hospital and work closely and comfortably at the patient bedside.
Competitive Analysis: Global Medical Carts Market
Global medical carts market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical carts market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
- Current and future of global medical carts market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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