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.
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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.
Orthopedic
cart includes casts and splints for treatment of strains, sprains,
and fractures. Growing cases of orthopedic trauma is expected to
increase demand for orthopedic carts, which will eventually drive
growth of the medical carts market. For instance, according to
International Osteoporosis Foundation statistics, 2017, an estimated
8.9 million fractures are caused annually by osteoporosis, resulting
in an osteoporotic fracture every 3 seconds, with around 1.6 million
hip fractures occurring globally each year, which is expected to
reach 4.5 million by 2050.
The
global medical cart market size was valued at US$ 2.2 billion in
2017, and is expected to witness a CAGR of 9.7% over the forecast
period (2018 – 2026).
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.
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.
Medical
Carts Market - Competitive Landscape
Key
players operating in the global medical cart market include
1.
AFC Industries
2.
Advantech Co., Ltd.
3.
Alphatron
4.
Enovate Medical
5.
Ergotron, Inc.
6.
Harloff Manufacturing Co.
7.
JACO, Inc.
8.
Medline Industries, Inc.
9.
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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