Medical Carts Market to Surpass US$ 4.9 billion by 2026

Published On : Sep 24, 2018

Global 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) was valued at US$ 2.2 billion in 2017, and is projected to exhibit a CAGR of 9.7% over the forecast period (2018 - 2026), as highlighted in a new report published by Coherent Market Insights.

Medical carts are specifically designed to improve workflow efficiency and elevate patient care by keeping tools and supplies organized. Medical carts have a number of storage spaces and other safety features such as self-locking drawers to keep medication safe so that the practitioners can focus solely on patients. Medical carts can be fitted to contain a large number of peripherals required by healthcare professionals at hand. This helps to cut down the time spend in running back and forth for equipment, reduces clutter, and allows doctors to focus more on the patient.

Storing tools and medications on a medical cart for treating patients minimizes the need for transporting patients from room to room. For instance, an anesthesiologist can easily transport supplies using anesthesia carts designed for easy maneuverability. Anesthesia carts also have locking drawers to keep potentially lethal medication safe and organized.

Medical carts with monitors are available for accessing patients’ information on-site and recording the type and time of medications administered. Electronic Medical Records (EMRs) increases productivity due to the speed at which data can be accessed, as well as the reduced use of paper that saves service costs. Furthermore, with computer carts, the practitioner can instantaneously access networks where electronic health records are stored.

Browse 25 Market Data Tables and 28 Figures spread through 180 Pages and in-depth TOC on "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) - Global Forecast to 2026"

To know the latest trends and insights related to medical carts market, click the link below:

https://www.coherentmarketinsights.com/market-insight/medical-carts-market-2171

Manufacturers in medical carts market designs technologically advanced products such as mobile computer cart with extensive battery life that provide hours of uninterrupted power for continuous working and offer many advantages over standard mobile computer carts. Some medical cart manufacturers have also started to incorporate app-type functionality into their solution offerings to enhance user convenience and provide added operational value. For instance, Stinger Medical offers a Clinical Adoption Support Technology (CAST) app that allows IT personnel to connect directly with the wireless board on each cart and access important operational information about the device (such as utilization, location, and trending information). This tool provides IT with centralized and convenient point of management and control for healthcare facility’s entire fleet of mobile carts.

Key Takeaways of the Medical Carts Market:

  • The global medical carts market is expected to expand at a CAGR of 9.7% during the forecast period (2018–2026), owing to increasing number of patients visiting hospitals or clinics to get treatment for medical emergency, trauma, and other chronic diseases. For instance, according to National Hospital Ambulatory Medical Care survey, 2015, total number of emergency visits in the U.S. was 136.9 million that year.
  • Among applications, emergency carts segment is expected to account for major revenue share in 2018, owing to increasing cases of accidents and other trauma. 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.
  • Major players operating in the global medical carts market include AFC Industries, Advantech Co., Ltd., Alphatron, Enovate Medical, Ergotron, Inc., Harloff Manufacturing Co., JACO, Inc., Medline Industries, Inc., and Scott-Clark Medical.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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