Medical carts are durable and lightweight mobile carts used in medical facilities for storing and transporting emergency equipment’s, medications, and medical supplies. It can include respiratory carts, crash carts, utility carts, housekeeping carts, and isolation carts. Medical carts are constructed from various materials such as stainless steel, wood laminate, healthcare-grade PVC tubing, powder-coated steel, poly/aluminum, among others. Medical carts can include extra items such as storage bins, outlet power strips, shelves/cabinets, specific space for wireless computers, monitors, scanning devices, and others.
According to AMA, the market for Medical Carts is expected to register a CAGR of 13.9% during the forecast period to 2026. This growth is primarily driven by Rising Demand in Surgical Procedures, Rise in the Need for Rapid and Easy Accessibility to Medical Supplies, Improving Focus on Patient Safety and Nursing Efficiency, And Development in Advanced Technologies, Such As Telemedicine.
Globally, a noticeable market trend is evident Taking a Standard Cart Base and Adding Customizable Options. The Medical Devices sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Advantech Co., Ltd (Taiwan), AFC Industries (United States), Enovate Medical (United States), Ergotron, Inc. (United States), Harloff Manufacturing Co. (United States), Hergo Ergonomic Support Systems, Inc. (United States), ITD GmbH (Germany), JACO Inc. (United States), Medline Industries Inc. (United States) and Performance Health (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 22 Jan 2019, American Well, a leading United States telehealth platform, has announced the launch of a new product, the American Well 760 Cart that allows acute care teams at health systems to bring remote specialists into the room. The new cart is designed for health systems running telehealth on American Well’s software or on an existing Cisco infrastructure.
The FDA has specific regulations that must be met by medical practices. Medical devices, such as hospital carts, fall under IEC 60601-1 risk management testing. Many medical carts are considered medical devices by the FDA because they meet the three requirements set forth in section 201(h) of the Federal Food Drug and Cosmetic Act. The FDA’s 60601-1 standards state that all medical devices must be appropriately labeled. There is a process that helps facilitators understand what proper labeling for each device is.
- Rising Demand in Surgical Procedures
- Rise in the Need for Rapid and Easy Accessibility to Medical Supplies
- Improving Focus on Patient Safety
- Nursing Efficiency, And Development in Advanced Technologies, Such As Telemedicine
- Taking a Standard Cart Base and Adding Customizable Options
- High Cost of Customized Medical Carts
- The dearth of Skilled Professionals, And Scarcity of Funds
Growth in Investment on Healthcare Infrastructures in Rapidly Growing Countries
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Medical Carts Study Sheds Light on
The Medical Carts Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Medical Carts industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Medical Carts industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Medical Carts Market?
The Medical Carts market is expected to see a CAGR of 13.9% during projected year 2020 to 2026.2. Who are the top performing companies in Medical Carts Market?
Top performing companies in the Global Medical Carts market are Advantech Co., Ltd (Taiwan), AFC Industries (United States), Enovate Medical (United States), Ergotron, Inc. (United States), Harloff Manufacturing Co. (United States), Hergo Ergonomic Support Systems, Inc. (United States), ITD GmbH (Germany), JACO Inc. (United States), Medline Industries Inc. (United States) and Performance Health (United States), to name a few.3. Which region dominated the worldwide market for Medical Carts in 2020?
North America is dominating the Medical Carts Market.