Medical Carts and Workstations Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Medical Carts and Workstations Market by Product (Mobile Computing (By Application (Documentation, Equipment, Medication Delivery, Telehealth Workstation, and Others), By Energy Source ( Powered, Nonpowered (Wall-Mounted Workstations, Medication, and Storage Columns, Cabinets, & Accessories)), by Type (Anesthesia, Emergency, Procedure and Others), by End-use (Hospitals, Ambulatory Surgical Centers, Physician Offices or Clinics and Others)) and Geography

 

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Report

Description

The medical carts and workstations market size was valued at USD 4.6 billion in 2021 and is poised to grow at a significant CAGR of 14.8% over 2022–2028. Market expansion is driven by the rising incidence of musculoskeletal injuries (MSI) and the expanding use of electronic medical records (EMR) in hospitals. For instance, 1.71 billion individuals worldwide will be affected by musculoskeletal problems in February 2021. In addition, due to population increase and aging, the number of people with musculoskeletal issues is rapidly rising. The need for medical carts will grow shortly due to these considerations. The use of mobile carts is expanding due to constantly improving technology that provides better layout, construction, alternatives, and features that satisfy consumer needs. For instance, in December 2021, Advantech, a well-known supplier of medical computer systems and services, added the AMiS-30EP pole cart to its AMiS product range. This product can be equipped with various monitors and devices, depending on the application. These technological advancements will probably cause the industry to grow soon. Moreover, in August 2021, Capsa Healthcare introduced its brand-new Trio mobile computing workstation. Electronic health records are mobilized by Capsa’s Trio point-of-care platform, which also facilitates effective and precise drug management. The market is probably going to grow soon as a result of these developments. Medical cart advancements, including the availability of light items with better mobility and ergonomics, are anticipated to improve the usage of these devices. The safety of nursing personnel is increased by the availability of handle and wheel mounts to the proper and appropriate sizes of batteries. Manufacturers can now offer the consumer a base upon which to build based on requirements while remaining cost-effective due to customization. Customization is becoming more popular in the medical cart market due to shifting consumer preferences, which directly affect how these carts are designed. In 90% of healthcare facilities, digital medical records are the standard, and medical laptop carts on wheels are in high demand. Furthermore, to help doctors and nurses, these carts are evolving and becoming more portable. Because of this, the market is expanding and meeting the expectations of the quick-changing healthcare environment.

Recent Market Developments:

In February 2020, Ergotron, Inc. (U.S.) and Ingram Micro China Ltd. (China) collaborated to donate medical carts to aid in the coronavirus outbreak. The carts were provided to Huoshenshan and Leishenshan hospitals’ emergency facilities.

In April 2020, Midwest Products & Engineering (MPE-INC) (U.S.) introduced an emergency response cart to solve ventilator workflow issues related to the urgent treatment of COVID-19 patients.

Medical Carts and Workstations Market

MARKET SUMMARY
-
14.8% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 14.8%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market–  North America

Medical Carts and Workstations Market

  • The global medical carts and workstations market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The medical carts and workstations market report gives historical, current, and future market sizes (US$ Mn) on product, type, end-use, and geography.
Key Players
  • Altus Inc. (US)
  • Enovate Medical (US)
  • Medion Healthcare (India)
  • Onyx Healthcare Inc. (Taiwan)
  • AMD Global Telemedicine, Inc. (US)
Medical Carts and Workstations Market Dynamics

The growing need to reduce healthcare costs, technical developments and innovation, expanding usage of IT in healthcare, and growing emphasis on patient safety and staffing difficulties are some of the factors driving the global market for medical carts and workstations. The usage of medical carts and workstations is further fueled by the expanding digitalization in developing nations, bettering Health Care IT (HCIT) infrastructure, acceptance of HCIT solutions like EMRs, advancing IT & extensive data capabilities, and increasing the number of hospitals. Additionally, factors including a sizable untapped market, the adoption of evolving ergonomics, and cutting-edge designs for carts and workstations provide the market’s participants with considerable potential opportunities throughout the projection period. On the other hand, a shortage of highly skilled people may limit the amount of money invested in these medical carts, which is negatively affecting this market.


North-America Got Significant Share

Medical Carts and Workstations Market

The medical carts and workstations market in North America is likely to hold a significant revenue share in 2022, and, in the following years, it is predicted to increase rapidly. It is fueled by increased acceptance of cutting-edge technologies, encouraging government initiatives to improve healthcare workflow & patient safety, easy access to medical carts & workstations with a well-established healthcare system, and the presence of numerous top medical players in the North American region. The market is predicted to experience considerable expansion over the forecast period as manufacturers in the Asia Pacific region concentrate on developing low-cost products with improved efficiency. Additionally, because labor and raw materials are more affordable in the Asia Pacific countries, multinational corporations are investing in local businesses.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The medical carts and workstations market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
Medical Carts and Workstations Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The medical carts and workstations market is projected to expand at a CAGR of 14.8% during the forecast period.

Midmark Corporation (US), The Harloff Company (US), Capsa Healthcare (US), Bergmann Group (US), Altus Inc. (US), Enovate Medical (US)

North America is the fastest-growing region for medical carts and workstations market


Report

Company Profile

  • Midmark Corporation (US)
  • The Harloff Company (US)
  • Capsa Healthcare (US)
  • Bergmann Group (US)
  • Altus Inc. (US)
  • Enovate Medical (US)
  • Medion Healthcare (India)
  • Onyx Healthcare Inc. (Taiwan)
  • AMD Global Telemedicine, Inc. (US)
  • Howard Industries, Inc. (US)
  • Lakeside Manufacturing, Inc. (US)
  • CompuCaddy (US)
  • GlobalMedia Group, LLC. (US)
  • JACO, Inc. (US)
  • AFC Industries Inc. (US)

Description

The medical carts and workstations market size was valued at USD 4.6 billion in 2021 and is poised to grow at a significant CAGR of 14.8% over 2022–2028. Market expansion is driven by the rising incidence of musculoskeletal injuries (MSI) and the expanding use of electronic medical records (EMR) in hospitals. For instance, 1.71 billion individuals worldwide will be affected by musculoskeletal problems in February 2021. In addition, due to population increase and aging, the number of people with musculoskeletal issues is rapidly rising. The need for medical carts will grow shortly due to these considerations. The use of mobile carts is expanding due to constantly improving technology that provides better layout, construction, alternatives, and features that satisfy consumer needs. For instance, in December 2021, Advantech, a well-known supplier of medical computer systems and services, added the AMiS-30EP pole cart to its AMiS product range. This product can be equipped with various monitors and devices, depending on the application. These technological advancements will probably cause the industry to grow soon. Moreover, in August 2021, Capsa Healthcare introduced its brand-new Trio mobile computing workstation. Electronic health records are mobilized by Capsa’s Trio point-of-care platform, which also facilitates effective and precise drug management. The market is probably going to grow soon as a result of these developments. Medical cart advancements, including the availability of light items with better mobility and ergonomics, are anticipated to improve the usage of these devices. The safety of nursing personnel is increased by the availability of handle and wheel mounts to the proper and appropriate sizes of batteries. Manufacturers can now offer the consumer a base upon which to build based on requirements while remaining cost-effective due to customization. Customization is becoming more popular in the medical cart market due to shifting consumer preferences, which directly affect how these carts are designed. In 90% of healthcare facilities, digital medical records are the standard, and medical laptop carts on wheels are in high demand. Furthermore, to help doctors and nurses, these carts are evolving and becoming more portable. Because of this, the market is expanding and meeting the expectations of the quick-changing healthcare environment.

Recent Market Developments:

In February 2020, Ergotron, Inc. (U.S.) and Ingram Micro China Ltd. (China) collaborated to donate medical carts to aid in the coronavirus outbreak. The carts were provided to Huoshenshan and Leishenshan hospitals’ emergency facilities.

In April 2020, Midwest Products & Engineering (MPE-INC) (U.S.) introduced an emergency response cart to solve ventilator workflow issues related to the urgent treatment of COVID-19 patients.

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