Global Medical Carts Market: Powered Energy Source to Witness Significant Expansion through 2026

Medical Carts Market

Increasing requirements of quick access to mobile electronic health records at the point of care has led to increase demand for medical carts across the world. Additionally, rising demand for enhancing operational efficiency in the healthcare industry is anticipated to fuel the growth of the global medical carts market.

Market Overview

Apropos a Future Market Insights’ report, the global market for medical carts is anticipated to witness expansion at 11 % CAGR throughout the assessment period (2017-2026).

What are the factors influencing the growth of the market?

The expansion of the market has been bound to several micro-economical as well as macro-economic factors. The need for accessing medical records at the point of care continues to increase, mobile healthcare technology is anticipated to adopt significantly. Increasing concerns about healthcare expenditure has further forced producers to design mobile technology carts for outpatient facilities, big academic medical centers, and acute care centers. Acceptance of medical carts combined with technological features caters end users to store and retrieve the data to improve patient safety. Additionally, medical carts help end-users to spend extra time perturbing about the technology and deliver better service to the patients in the hospitals.

The manufacturers of healthcare are continuously increasing their focus on designing medical carts. Worst design element consist of sharp edges in medical carts along with wheel design, which impedes navigation and results in ineffective performance. Additionally, inability to adjust the height of the cart and lack of battery power indicator are the major challenges for end-users, while conducting an operation. Rising demand for medical carts developed with ergonomics is likely to further contribute towards the market for medical carts throughout the assessment period.

Utilization of medical carts caters the caretakers to house computers, which can be easily accessed while performing multiple opearation simultaneously in a healthcare setup. As medical carts can be operated on the basis of battery and are medically approved by FDA along with wireless technology, these factors will help professionals from healthcare industry to easily access, retrieve and store data of any patient.

How computer medical carts are helpful in healthcare industry?

Increasing demand from patients to access the medical records at the point of care has resulted in rise in demand for computer medical carts in the medical industry. The computer medical carts, in terms of revenues are anticipated to exhibit highest expansion throughout the assessment period. The segment is anticipated to record over US$ 1.8 Bn revenues by the end of forecast period.

The non-powered segment, by energy source is anticipated to witness high expansion in terms of revenue mirroring over US$ 3.1 Bn revenues by the end of 2026. The powered energy source segment is anticipated to register considerable growth rate over the forecast period.

On the basis of product type, the plastic material segment is estimated to witness fastest expansion over the forecast period. On the other hand, the metal medical segment is anticipated to showcase high revenue growth, registering almost US$ 1.3 Bn by the end of 2017.

What are the prominent players in the market?

Several leading players operating in the market has been profiled in the report such as AFC Industries, Inc., ITD GmbH, InterMetro Industries Corporation, Capsa Solutions Llc, Jaco, Inc. Armstrong Medical Industries, Inc., Medline Industries, Inc., The Bergmann Group, Midmark Corporation, Ergotron, Inc., and Omnicell, Inc.

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About Sabyasachi Ghosh 116 Articles
Sabyasachi Ghosh is an experienced market research analyst and consultant, with over six years of experience in end-to-end project management. He has worked at numerous leadership positions and has a vast experience of compiling high-quality market research reports. Sabyasachi is an authoritative voice in the market research sector, and has been cited in top industry publications. He is a travel junkie, and loves to travel far and wide with his friends.