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Medical Carts Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: AFC Industries, Ergotron, Inc, ITD GmbH, Enovate Medical

03 Jan, 2020 | 94 Pages
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Registering a CAGR of 8.2% over the forecast period, the market value of Medical Carts is expected to reach US$ 549.6 million in the year 2027.



Medical Carts Market Overview



Medical carts are used for medical aid by simplifying processes such as recording data as EMRs, storing dispensing equipment, supplies, and patient information, and standardized practices to achieve better health outcomes at lower costs. They are medical trolleys and workstations with compartments, trays, and drawers that aid healthcare providers in transporting and dispensing emergency supplies and medical devices.



The main reasons for the increased use of medical carts in recent years have been an increase in the number of healthcare facilities, an increase in the healthcare burden necessitating technological advancements and innovation, and an increase in patient care. Furthermore, labor cost reductions and the adoption of automation are expected to drive the growth of the medical carts market throughout the forecast period.



Some of the major factors driving the growth of the global medical carts market include increasing adoption of electronic medical records, rising incidences of musculoskeletal injury, and technological advancement. However, rising price competition among manufacturers is impeding the market's expansion.



Over the forecast period, the growing need to assist medical and surgical staff is expected to drive market growth. A secure medication cart combined with a tablet PC is more convenient on the surgical floor than a separate medication and computer cart. This saves both space and money. Such solutions can help critical care units with limited floor space. As a result, over the forecast period, demand for medical carts in these units is expected to rise.



The report also assesses the key opportunities in the Medical Carts market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Medical Carts Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.



Who are the Major Players in the Medical Carts Market?



The global Medical Carts includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include AFC Industries, Ergotron, Inc, ITD GmbH, Enovate Medical, JACO Inc., Advantech Co., Ltd, Harloff Manufacturing Co., Medline Industries Inc., Hergo Ergonomic Support Systems, Inc., Performance Health and others.



Industry News and Updates:






    • In February, Ergotron, Inc. (U.S.) and Ingram Micro China Ltd. (China) partnered to donate medical carts. The carts were provided to the Huoshenshan and Leishenshan hospitals’ emergency facilities. Twenty-four of Ergotron’s StyleView mobile medical carts were transported from the company’s facility in Dongguan, southern China, to Wuhan. The carts were used for telemedicine applications and for processing electronic medical records at the hospitals.

    • AFC Industries (U.S.) launched carts dedicated to COVID-19 treatments, such as lightweight storage carts with multiple wire basket shelves, mobile hygiene sanitizing station carts with wire baskets, tablet carts & remote data entry carts for use in COVID-19 quarantine zones, mobile scanning, thermal imaging, and infra-red remote carts, mobile iPad tablet carts with ergonomic handles and power cords, mobile tablet carts with ergonomic handles and sanitizing receptacle and handle, and thermal imaging temperature scanning mobile cart plus camera tablet combination.

    • In April, Midwest Products & Engineering (MPE-INC) (U.S.) launched an emergency response cart to solve ventilator workflow issues related to the urgent treatment of COVID-19 patients.







What are the major Applications, Types, and Regions for the Medical Carts Market?



The market is segmented based on the type, applications, companies, and regions.



By Type, it is segmented into




  • Anesthesia Carts

  • Emergency Carts

  • Procedure Carts

  • Others



By Application, it is segmented into




  • Hospitals

  • Ambulatory Surgical Centers

  • Physician Offices or Clinics

  • Others



Medical Carts Market Regional Analysis



Asia-Pacific: The Fastest-growing Market



At the regional level, North America is expected to dominate the medical carts market in previous years, while Asia-Pacific is expected to record the highest CAGR during the forecast period. The factors driving the growth of the Asia-Pacific medical carts market are rising investments in the healthcare sector for improving healthcare infrastructure and increasing the number of healthcare facilities, adoption of new technologies by the healthcare industry, government programs to promote the utilization of EMR and telehealth services, and initiatives by local vendors for improving the quality of care.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Medical Carts Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Medical Carts Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Medical Carts Market report scope?



Scope of the Report covers the Medical Carts Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Medical Carts Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.



























































Report Attributes



Report Details



Report Title



Medical Carts Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: AFC Industries, Ergotron, Inc, ITD GmbH, Enovate Medical



Forecast Period 2022 to 2027 CAGR



CAGR of 8.2% over the forecast period (2022-2027)



By Type




  • Anaesthesia Carts

  • Emergency Carts

  • Procedure Carts

  • Others



By Application




  • Hospitals

  • Ambulatory Surgical Centers

  • Physician Offices or Clinics

  • Others



By Companies



AFC Industries, Ergotron, Inc, ITD GmbH, Enovate Medical, JACO Inc., Advantech Co., Ltd, Harloff Manufacturing Co., Medline Industries Inc., Hergo Ergonomic Support Systems, Inc., Performance Health



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



94



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Medical Carts Report




  • Evaluate Medical Carts market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.

  • Get a quick outlook on the Medical Carts market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?





The Medical Carts Market is studied from 2017 - 2027.



What is the growth rate of the Medical Carts Market?





The Medical Carts Market is growing at a CAGR of 8.2% over the next 5 years.



Who are the key players in Medical Carts Market?



AFC Industries, Ergotron, Inc, ITD GmbH, Enovate Medical, JACO Inc., Advantech Co., Ltd, Harloff Manufacturing Co., Medline Industries Inc., Hergo Ergonomic Support Systems, Inc., Performance Health



What regions does this Medical Carts Market report cover?





North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Medical Carts Market?



Anaesthesia Carts, Emergency Carts, Procedure Carts, Others

 



What are the major end-use applications of Medical Carts Market?



Hospitals, Ambulatory Surgical Centers, Physician Offices or Clinics, Others

 



All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL MEDICAL CARTS MARKET BY APPLICATION

    3. GLOBAL MEDICAL CARTS MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

    2. INCREASING DEMAND FOR MEDICAL CARTS RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGULATIONS

      2. HIGH COST OF RAW MATERIAL



    3. OPPORTUNITIES

      1. MEDICAL CARTS GROWTH

      2. APPLICATION OF MEDICAL CARTS



    4. IMPACT OF COVID 19



  5. GLOBAL MEDICAL CARTS MARKET, BY TYPES

    1. INTRODUCTION

    2. ANESTHESIA CARTS

    3. EMERGENCY CARTS

    4. PROCEDURE CARTS

    5. OTHERS



  6. GLOBAL MEDICAL CARTS MARKET, BY APPLICATION

    1. INTRODUCTION

    2. HOSPITALS

    3. AMBULATORY SURGICAL CENTERS

    4. PHYSICIAN OFFICES OR CLINICS

    5. OTHERS



  7. GLOBAL MEDICAL CARTS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASIAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. AFC INDUSTRIES

      2. ERGOTRON, INC

      3. ITD GMBH

      4. ENOVATE MEDICAL

      5. JACO INC.

      6. ADVANTECH CO., LTD

      7. HARLOFF MANUFACTURING CO.

      8. MEDLINE INDUSTRIES INC.

      9. HERGO ERGONOMIC SUPPORT SYSTEMS, INC.

      10. PERFORMANCE HEALTH





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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