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At 14.0% CAGR North America Medical Carts Market To Reach US$ 1,698.1 Million By 2027 | Coherent Market Insights

May 20th, 2021 Coherent Market Insights Releases

SEATTLE, May 20, 2021, (MEDGADGET) — Overview

Hospital carts are rotating pieces of furniture that are used to move medical materials and devices in the case of a medical emergency. These carts are useful and are based on a secure and solid foundation that provides the best option for healthcare environments such as dental clinics, operating rooms, ICU, hospital wards, and many other medical fields.

North America medical carts market is expected to account around US$ 751.3 Mn in terms of value in 2019 and is expected to reach over US$ 1,698.1 Mn by the end of 2027.

Get Sample PDF (Including COVID-19 Impact Analysis, Full TOC, Tables and Figures) of North America Medical Carts, https://www.coherentmarketinsights.com/insight/request-pdf/3659

North America Medical Carts Market: Drivers

Rising healthcare cost is expected to drive growth of North America medical carts market during the forecast period. For instance, according to the Centers for Medicare & Medicaid Services (CMS), Health spending in the United States is expected to rise at a 5.5 percent annual rate from 2018 to 2027, reaching around US$ 6.0 trillion.

Rising focus on expanding facilities and optimizing operating room usage is also expected to propel growth of North America medical carts market during the forecast period. For instance, hospital carts enable surgeons be more effective in the care of diseases. Furthermore, integrating computer technologies into medical carts assists in the processing of patient records.

U.S. held dominant position in North America medical carts market in 2018, accounting over 90.7% share in terms of value, followed by Canada.

View Press Release For More Information @ https://www.coherentmarketinsights.com/press-release/north-america-medical-carts-market-2952

North America Medical Carts Market: Restraints

Safety concerns of battery-powered handheld medical carts are expected to hamper growth of the North America medical carts market. Mobile medical carts that are driven by batteries can catch fire or explode.

Furthermore, lack of space for new entrants is also expected to hinder growth of the market. North America medical carts market is extremely fragmented, with multiple market participants, restricting new market entrants’ opportunities. To reach the market and create a successful distribution network, new entrants must go through an initial capital-intensive phase.

North America Medical Carts Market: Opportunities 

Rising incidences of trauma, infection and injury lead to higher number of hospitalization cases or hospital visits, which is expected to attractive growth opportunities for major players in the North America medical carts market. For instance, according to World Health Organization (WHO) factsheet in 2018, around 37.3 million falls are recorded, annually worldwide.

Pandemic and infectious diseases outbreaks are also expected to drive growth of the North America medical carts market. For instance, in 2020, according to the Centers for Disease Control and Prevention, the United States had 3,487 outbreaks of coronavirus disease.

Computer Medical Cart segment in North America medical carts market was accounted around US$ 241.2 Mn in 2019 and is estimated to reach over US$ 681.3 Mn by 2027 at a CAGR around 14.0% over the forecast period.

Quick Buy – North America Medical Carts Market Research Report: https://www.coherentmarketinsights.com/insight/buy-now/3659

Market Trends/Key Takeaways

Manufacturers are concentrating on providing goods that are technologically advanced. For instance, Stinger Medical, has a Clinical Acceptance Support Technology (CAST) software that helps IT staff to connect directly to the wireless board on each cart to access critical system operating information (such as utilization, location, and trending information).

Increasing number of hospital-based ambulatory surgical centers is driving growth of the North America medical carts market. For instance, in January 2020, Grady Health System choose Skanska and its joint venture partner H.J. Russell & Co. to build a new Center for Advanced Surgical Services in Atlanta.

North America Medical Carts Market: Competitive Landscape

Key players are dominating in North America medical carts market such as, Omnicell, Inc., Herman Miller, Inc., Capsa Healthcare, The Harloff Company, Armstrong Medical Industries, Inc., Medline Industries, Inc., Ergotron, Inc., Waterloo Healthcare, AFC industries Inc. and TouchPoint Medical

North America Medical Carts Market: Key Developments

Key players in the North America medical carts market are concentrating on releases new products to broaden their product range. For instance, in September 2018, Ergotron, Inc. launched new CareFit Slim Laptop Cart and Slim LCD Cart, the first products in the CareFit healthcare product range to be published by the company.

Key players in the North America medical carts market are concentrating on adoption of M&A initiatives to broaden their product range. For instance, in October 2019, Herman Miller, Inc. acquired the remaining shares of Naughtone (Holdings) Limited, a contemporary U.K.-based furniture designer.

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Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Material Type
      • Market Snippet, By Energy Source
      • Market Snippet, By End User
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Developments
    • Technological Advancement
    • Regulatory Scenario
  4. North America Medical Carts Market, By Product Type, 2017 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019–2027
      • Segment Trends
    • Emergency Cart
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
      • Segment Trends
    • Procedure Cart
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
      • Segment Trends
    • Anesthesia Cart
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
      • Segment Trends
    • Computer Medical Cart
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
      • Segment Trends
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
      • Segment Trends
  5. North America Medical Carts Market, By Material Type, 2017 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019–2027
      • Segment Trends
    • Metal
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
    • Plastic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
    • Wood
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
  6. North America Medical Carts Market, By Energy Source, 2017 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019–2027
      • Segment Trends
    • Powered
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
    • Non-powered (Mechanical)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
  7. North America Medical Carts Market, By End User, 2017 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019–2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
    • Diagnostic Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
  8. North America Medical Carts Market, By Country, 2017 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019–2027
      • Segment Trends
    • U.S.
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type 2019 – 2027, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type 2019 – 2027, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Energy Source 2019 – 2027, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User 2019 – 2027, (US$ Mn)
    • Canada
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type 2019 – 2027, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type 2019 – 2027, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Energy Source 2019 – 2027, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User 2019 – 2027, (US$ Mn)
  9. Competitive Landscape
    • Company Profiles
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

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