About Medical Carts
Medical carts are durable and lightweight mobile carts used in medical facilities for storing and transporting emergency equipment’s, medications, and medical supplies. It can include respiratory carts, crash carts, utility carts, housekeeping carts, and isolation carts. Medical carts are constructed from various materials such as stainless steel, wood laminate, healthcare-grade PVC tubing, powder-coated steel, poly/aluminum, among others. Medical carts can include extra items such as storage bins, outlet power strips, shelves/cabinets, specific space for wireless computers, monitors, scanning devices, and others.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 13.9% |
The global medical carts market consists of a large number of players who are increasingly focusing on the innovation and launch of products with better characteristics and high quality to meet the changing demand and email competitive in the market. Companies are also thinking about the business strategies like mergers, acquisitions, and partnerships for further expansion and growth of the business. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Medical Carts market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Advantech Co., Ltd (Taiwan), AFC Industries (United States), Enovate Medical (United States), Ergotron, Inc. (United States), Harloff Manufacturing Co. (United States), Hergo Ergonomic Support Systems, Inc. (United States), ITD GmbH (Germany), JACO Inc. (United States), Medline Industries Inc. (United States) and Performance Health (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Doschatinskiy Medical Equipment Plant (Russia), Capsa Solutions, LLC (United States), American Well Corporation (United States), Enovate Medical LLC (United States), Modo, Inc. (United States), Blue Bell Bio-Medical, Inc. (United States) and Cantel Medical Corp. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Medical Carts market by Type (Mobile Computing Carts {Telemedicine Carts, Computer Carts, Medication Carts, Documentation Carts}, Medical Carts {Anesthesia Carts, Procedure Carts, Emergency Carts, Other Carts}, Wall Mount Workstations {Wall Arm Workstations, Wall Cabinet Workstations} and Medical Cart Accessories) and Region.
On the basis of geography, the market of Medical Carts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Material, the sub-segment i.e. Metal will boost the Medical Carts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Hospitals will boost the Medical Carts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Taking a Standard Cart Base and Adding Customizable Options
Market Growth Drivers:
Rising Demand in Surgical Procedures, Rise in the Need for Rapid and Easy Accessibility to Medical Supplies, Improving Focus on Patient Safety and Nursing Efficiency, And Development in Advanced Technologies, Such As Telemedicine
Challenges:
Growing Popularity of Powered Medical Carts and Slow Adoption of Non-Powered Carts May Affect the Market Growth and Presence of a Large Number of Players in the Global Market May Create Challenges
Restraints:
High Cost of Customized Medical Carts and The dearth of Skilled Professionals, And Scarcity of Funds
Opportunities:
Growth in Investment on Healthcare Infrastructures in Rapidly Growing Countries
Market Leaders and their expansionary development strategies
In 2020, MPE Inc. launched an emergency medical cart in order to meet critical ventilator needs and solve ventilator workflow issues during covid 19 pandemic. The newly launched medical cart is lightweight, durable, and also capable of carrying oxygen tanks that help easily transportation of ventilated patients.
In August 2022, Tryten Technologies launched its new website and rebranded its medical cart product lines. Under this company's tablet and medical device cart are renamed as Tryten S series and carts for AV displays and mobile workstations renamed as Tryten X series. Tryten S series product line includes lightweight and small footprint carts that are best suitable for tablets and various portable medical devices while Tryten X series is used for carrying larger peripherals., and On 22 Jan 2019, American Well, a leading United States telehealth platform, announced the launch of a new product, the American Well 760 Cart that allows acute care teams at health systems to bring remote specialists into the room. The new cart is designed for health systems running telehealth on American Well’s software or on an existing Cisco infrastructure.
The FDA has specific regulations that must be met by medical practices. Medical devices, such as hospital carts, fall under IEC 60601-1 risk management testing. Many medical carts are considered medical devices by the FDA because they meet the three requirements set forth in section 201(h) of the Federal Food Drug and Cosmetic Act. The FDA’s 60601-1 standards state that all medical devices must be appropriately labeled. There is a process that helps facilitators understand what proper labeling for each device is.
Key Target Audience
Medical Carts Manufacturers, Medical Carts Sub Component Manufacturers, Medical Carts Traders/Distributors, Medical Carts Importer/Exporter, Regulatory & Government Bodies and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.