Medical carts Market| Coherent Market Insights

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2. MEDICAL CARTS MARKET ANALYSIS Medical carts Market, by Power Source (Powered Carts and Non-powered Carts), by Product Type (Mobile Computing Carts, Emergency Carts, Procedure Carts, Anesthesia Carts, Medication Carts, and Others), by End User (Hospitals, Clinics, Diagnostic Centers, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast to 2026

3. Medical carts offer enhanced pharmaceutical storage and organization solutions for controlled medication safety, and the ability to mobilize patient medical information. Modern medication storage and organization requires an attractive, configurable medication cart design that offers maximum capacity, durable construction, and premium workflow accessories. Various peripherals including label makers, printers, scanners, different drawer configurations, sharps containers, chart holders, wastebaskets, and others with useful features and attachments can be added to medical cart to optimize its utility and functioning. For instance, in the acute care setting, medical carts have a barcode scanner, where the patient’s wrist and the medications can be scanned to improve patient’s safety during administering medications. Increasing number of hospitalization cases or hospital visits due to rising incidences of trauma, injury, and infection are major factors driving the medical carts market growth. For instance, according to World Health Organization (WHO) factsheet in 2018, each year there are around 37.3 million falls, which requires medical attention whereas estimated 646,000 individuals die from falls globally every year.

4. Global Medical Carts Market Revenue (US$ Mn), By End User, 2017

5. Increasing Application of Medical Carts in Hospitals is expected to drive the Medical Carts Market Revenue Medical cart is majorly used at hospitals as it can provide clinicians with significant workflow benefits. Increasing adoption of electronic health record (EHR) coupled with demand for real-time electronic data access and entry at the patients’ bedside are the other important factors, which are expected to drive growth of the medical carts market. Mobile medical carts provide means to transport sophisticated videoconferencing equipment to the patients’ bedside, allowing physicians to conduct thorough examinations remotely. Moreover, medical carts provide a convenient way to bring computer-based patient education program (such as videos, games, and reference material) to bedside. Therefore, technological advancements in mobile carts can meet the needs of multiple applications, and further aid healthcare facilities, patients, and clinicians.

6. Medical Cart Market - Restraints Stringent government regulation and technological limitations in developing new carts can hamper growth of the medical carts market during the forecast period. Medical carts device falls under International Electrotechnical Commission (IEC) 60601-1 risk management testing and therefore, should be tested thoroughly to meet all FDA regulations. In December 2016, FDA notified healthcare providers across the U.S. that their mobile medical carts may be a fire hazard. Lithium and lead acid batteries used in crash carts, medication dispensing carts, and other carts used for point-of-care services, barcode scanning, and patient monitoring can overheat, produce dangerous smoke, catch fire or even explode. Therefore, manufacturers are required to meet all the FDA norms and policies before launching or marketing new products. These factors might be a restrain in growth of the medical carts market.

7. Medical Cart Market - Regional Insights On the basis of region, the global medical cart market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In 2026, North America is expected to hold the dominant position in the global medical cart market, owing to its developed medical facilities in comparison to emerging economies and high presence of industry manufacturers generating major revenue. Asia Pacific medical carts market is expected to increase at the highest CAGR during the forecast period. Key market players are focusing on developing cost-effective devices with improved efficiency in order to enter the market, eventually driving growth of the regional medical cart market revenue. Moreover, increasing burden of medical emergency, trauma, and other diseases on hospitals is also an important factor impacting growth of the market. For instance, according to the WHO 2018 report, over 100,000 people in India suffer from burns every year, while burns are the second most common injury in Nepal accounting for 5% of disabilities.

8. Global Medical Carts Market Value (US$ Mn) & Y-o-Y Growth (%), 2016-2026 Medical Carts Market - Competitive Landscape Key players operating in the global medical cart market include AFC Industries, Advantech Co., Ltd., Alphatron, Enovate Medical, Ergotron, Inc., Harloff Manufacturing Co., JACO, Inc., Medline Industries, Inc., and Scott-Clark Medical. Manufacturers are focusing on designing medical carts with precision to ensure efficiency and convenience. Some industry players provide customized medical carts depending on the organization’s needs.

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