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Monday, October 30, 2023

Global Medical Cart Market is Anticipated to Grow at a CAGR of 10.2% during 2024 to 2030

The future of the global medical cart market looks promising with opportunities in the hospital, ambulatory surgical center, and physician office or clinic markets. The global medical cart market is expected to reach an estimated $4.3 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing cases of musculoskeletal injuries, rising focus on patient safety and infection control, and increasing demand for efficient healthcare services.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the medical cart market by product type (mobile computing, wall-mounted workstations, medication, storage columns, cabinets & accessories, and others), material (metal type, plastic type, and others), type (anesthesia, emergency, procedure, and others), end use (hospitals, ambulatory surgical centers, physician offices or clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, mobile computing, wall-mounted workstation, medication, storage column, cabinet & accessory are the major segments of medical cart market by product type. Lucintel forecasts that mobile computing is expected to witness highest growth over the forecast period due to its significant usage in point-of-care facilities owing to its various benefits, such as portability/mobility, less space requirement, and provide one-stop solutions. Within this market, hospital will remain the largest segment due to growing use of medical carts to transport and store a wide range of medical equipment and supplies.

North America is expected to witness highest growth over the forecast period due to increasing demand for mobile computing carts and presence of key players in this region.

Ergotron, ITD, Capsa Healthcare, Enovate Medical, TOUCHPOINT MEDICAL, JACO, and Advantech are the major suppliers in the medical cart market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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