Medical Carts Market, By Product (Medication Carts, Mobile Computing Carts, Wall-Mounted Workstations, Medical Storage Columns, and Cabinets & Accessories), By Types (Procedure Carts, Anesthesia Carts, and Emergency Carts), By End-Use (Hospitals, Ambulatory Surgical Centers, and Clinics) and by Region (NA, EU, APAC, LA, MEA) Analysis, Size, Share, Trends, & Forecast from 2021-2027
REPORT HIGHLIGHT
The Medical Carts market is expected to be valued at USD 2,800.6 million in 2020, growing with a 10.7% CAGR during the forecast period, 2021-2027.
Medical carts provide improved pharmaceutical storage and organizing solutions, as well as the ability to transport patient medical information. An attractive, flexible medication cart design with maximum capacity, sturdy construction, and quality workflow attachments is required for modern medication storage and management.
Market Dynamics
Medical carts are essential for keeping healthcare workers prepared and organized, and for keeping patients safe and well-cared for. A very well medical cart has the ability to improve a hospital's or healthcare institution's service quality. Furthermore, as the impact of emerging technology is felt severely in this market, the healthcare industry is placing a greater emphasis on productivity and the elimination of medical errors, propelling market improvements and innovations.
Product Takeaway
A battery-operated system, consisting of a lithium iron phosphate battery, is used in technologically advanced mobile computer carts. In addition, demand for mobile medical carts is predicted to increase throughout the forecast period due to changing ergonomics and enhanced designs. To gain an advantage over their competitors, vendors are working on the development of simple-to-implement technology. Some of the factors responsible for the increased adoption of mobile computing carts include a growing emphasis on enhancing nurse efficiency, a growing desire to reduce hospital expenses, and a growing necessity of rapid and simple access to important medical supplies and equipment in hospitals.
Types Takeaway
Anesthesia, emergency, procedure and therapy, and other sorts of medical carts are available. The demand for these carts is projected to rise in the future years, as patients in emergency rooms are more susceptible to infections. Emergency medical carts are easy to maintain and come with medical equipment or drugs that can be used in the event of a medical emergency, such as heart attack. Over the forecast period, advancements such as greater mobility, less weight designs, and improved ergonomics are likely to boost the usage of these medical carts.
End-Use Takeaway
Medical carts are most commonly used in hospitals. Adoption is being fueled by the availability of technologically advanced and mobile medical workstations. Adjustable, secure, and effective medicine delivery devices are among these developments. This is due to a rise in demand for one-stop solutions that take up less room and can be utilized for a variety of medical purposes. Because these carts can transport drugs, medical equipment, computers, and storage cabinets, they are likely to rise in popularity in clinics over the projection period.
Regional Takeaway
North America had the highest revenue share in 2016 and is expected to grow at an exponential rate in the years ahead. The availability of integrated healthcare IT systems to manage EHR and the presence of streamlined healthcare operations – from hospital admissions to reimbursements – are some of the reasons leading to the region's supremacy in the medical cart market.
Key Vendor Takeaway
Some of the major players in this industry include AFC Industries, ITD GmbH, JACO Inc., Harloff Manufacturing Co., Hergo Ergonomic Support Systems Inc., Performance Health, Medline Industries Inc., Advantech Co. Tech, Enovate Medical, Ergotron Inc., Midmark Corporation, Omnicell Inc., Others.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2016 to 2019
- Base Year – 2020
- Projected Year – 2021 to 2027
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL MEDICAL CARTS MARKET KEY PLAYERS
- Performance Health
- Omnicell Inc.
- Midmark Corporation
- Medline Industries Inc.
- JACO Inc.
- ITD GmbH
- Hergo Ergonomic Support Systems Inc.
- Harloff Manufacturing Co.
- Ergotron Inc.
- Enovate Medical
- AFC Industries
- Advantech Co. Tech
- Others
GLOBAL MEDICAL CARTS MARKET, BY PRODUCT
- Medication Carts
- Mobile computing carts
- Wall-mounted Workstations
- Medical storage columns
- Cabinets & Accessories
- Others
GLOBAL MEDICAL CARTS MARKET, BY TYPES
- Procedure Carts
- Anesthesia Carts
- Emergency Carts
- Others
GLOBAL MEDICAL CARTS MARKET, BY END-USE
- Hospitals
- Ambulatory Surgical centers
- Clinics
- Others
GLOBAL MEDICAL CARTS MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. MEDICAL CARTS MARKET OVERVIEW
1.1. Study Scope
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Types
2.1.3. Market Snippet by End-Use
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. MEDICAL CARTS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. MEDICAL CARTS INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. MEDICAL CARTS MARKET: COVID-19 IMPACT ANALYSIS
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. MEDICAL CARTS MARKET LANDSCAPE
6.1. Market Share Analysis, 2019
6.2. Key Innovators Analysis
6.3. Breakdown Data, by Key Manufacturer
6.3.1. Established Players’ Analysis
6.3.2. Emerging Players’ Analysis
7. MEDICAL CARTS MARKET – BY PRODUCT
7.1. Overview
7.1.1. Segment Share Analysis, By Product, 2020 & 2027 (%)
7.2. Medication Carts
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.3. Mobile Computing Carts
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.4. Wall-mounted Workstations
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.5. Medical Storage Columns
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.6. Others
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8. MEDICAL CARTS MARKET – BY TYPES
8.1. Overview
8.1.1. Segment Share Analysis, By Types, 2020 & 2027 (%)
8.2. Procedure Carts
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.3. Anesthesia Carts
8.3.1.1.1. Overview
8.3.1.1.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.4. Emergency Carts
8.4.1.1.1. Overview
8.4.1.1.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.5. Others
8.5.1.1.1. Overview
8.5.1.1.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9. MEDICAL CARTS MARKET – BY END-USE
9.1. Overview
9.1.1. Segment Share Analysis, By End-Use, 2020 & 2027 (%)
9.2. Hospitals
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3. Ambulatory Surgical Centers
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4. Clinics
9.4.1. Overview
9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5. Others
9.5.1. Overview
9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10. MEDICAL CARTS MARKET– BY GEOGRAPHY
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
10.2. North America
10.2.1. Overview
10.2.2. Key Manufacturers in North America
10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.2.4. North America Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.2.5. North America Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.2.6. North America Market Size and Forecast, By End-Use, 2016 - 2027 (US
10.2.7. U.S.
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.2.7.3. U.S. Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.2.7.4. U.S. Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.2.7.5. U.S. Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.2.8. Canada
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.2.8.3. Canada Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.2.8.4. Canada Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.2.8.5. Canada Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.3. Europe
10.3.1. Overview
10.3.2. Key Manufacturers in Europe
10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.3.4. Europe Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.3.5. Europe Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.3.6. Europe Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.3.7. Germany
10.3.7.1. Overview
10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.7.3. Germany Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.3.7.4. Germany Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.3.7.5. Germany Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.3.8. Italy
10.3.8.1. Overview
10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.8.3. Italy Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.3.8.4. Italy Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.3.8.5. Italy Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.3.9. United Kingdom
10.3.9.1. Overview
10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.9.3. United Kingdom Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.3.9.4. United Kingdom Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.3.9.5. United Kingdom Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.3.10. France
10.3.10.1. Overview
10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.10.3. France Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.3.10.4. France Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.3.10.5. France Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.3.11. Rest of Europe
10.3.11.1. Overview
10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.11.3. Rest of Europe Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.3.11.4. Rest of Europe Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.3.11.5. Rest of Europe Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.4. Asia Pacific
10.4.1. Overview
10.4.2. Key Manufacturers in Asia Pacific
10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.4.4. Asia Pacific Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.4.5. Asia Pacific Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.4.6. Asia Pacific Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.4.7. India
10.4.7.1. Overview
10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.7.3. India Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.4.7.4. India Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.4.7.5. India Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.4.8. China
10.4.8.1. Overview
10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.8.3. China Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.4.8.4. China Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.4.8.5. China Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.4.9. Japan
10.4.9.1. Overview
10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.9.3. Japan Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.4.9.4. Japan Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.4.9.5. Japan Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.4.10. Rest of APAC
10.4.10.1. Overview
10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.10.3. Rest of APAC Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.4.10.4. Rest of APAC Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.4.10.5. Rest of APAC Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.5. Latin America
10.5.1. Overview
10.5.2. Key Manufacturers in Latin America
10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.5.4. Latin America Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.5.5. Latin America Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.5.6. Latin America Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.5.7. Brazil
10.5.7.1. Overview
10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.7.3. Brazil Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.5.7.4. Brazil Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.5.7.5. Brazil Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.5.8. Mexico
10.5.8.1. Overview
10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.8.3. Mexico Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.5.8.4. Mexico Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.5.8.5. Mexico Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.5.9. Argentina
10.5.9.1. Overview
10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.9.3. Argentina Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.5.9.4. Argentina Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.5.9.5. Argentina Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.5.10. Rest of Europe
10.5.10.1. Overview
10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.10.3. Rest of LATAM Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.5.10.4. Rest of LATAM Market Size and Forecast, By Types, 2016 - 2027 (US Billion)
10.5.10.5. Rest of LATAM Market Size and Forecast, By End-Use, 2016 - 2027 (US Billion)
10.6. Middle East and Africa
10.6.1. Overview
10.6.2. Key Manufacturers in Middle East and Africa
10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.6.4. Middle East and Africa Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.6.5. Middle East and Africa Market Size and Forecast, By Types, 2016 - 2027 (US$ Billion)
10.6.6. Middle East and Africa Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Billion)
10.6.7. Saudi Arabia
10.6.7.1. Overview
10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.7.3. Saudi Arabia Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.6.7.4. Saudi Arabia Market Size and Forecast, By Types, 2016 - 2027 (US$ Billion)
10.6.7.5. Saudi Arabia Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Billion)
10.6.8. United Arab Emirates
10.6.8.1. Overview
10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.8.3. United Arab Emirates Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.6.8.4. United Arab Emirates Market Size and Forecast, By Types, 2016 - 2027 (US$ Billion)
10.6.8.5. United Arab Emirates Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Billion)
10.6.9. Rest of MEA
10.6.9.1. Overview
10.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.9.3. Rest of MEA Market Size and Forecast, By Product, 2016 - 2027 (US$ Billion)
10.6.9.4. Rest of MEA Market Size and Forecast, By Types, 2016 - 2027 (US$ Billion)
10.6.9.5. Rest of MEA Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Billion)
11. KEY VENDOR ANALYSIS
11.1. Competitive Dashboard
11.2. Company Profiles
11.2.1. Performance Health
11.2.1.1. Company Snapshot
11.2.1.2. Financial Performance
11.2.1.3. Product Benchmarking
11.2.1.4. Strategic Initiatives
11.2.2. Omnicell Inc.
11.2.3. Midmark Corporation
11.2.4. Medline Industries Inc.
11.2.5. JACO Inc.
11.2.6. ITD GmbH
11.2.7. Hergo Ergonomic Support Systems Inc.
11.2.8. Harloff Manufacturing
11.2.9. Ergotron Inc.
11.2.10. Enovate Medical
11.2.11. AFC Industries
11.2.12. Advantech Co. Tech
11.2.13. Others
12. 360 DEGREE ANALYST VIEW
13. APPENDIX
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us