USD 3.21 billion
Medical Carts And Workstations Market Size, Share, Growth Analysis, By Product(Mobile Computer Carts; Medical Carts; Wall Mount Workstations; Medication Carts; Medical Storage Columns, Cabinets, Accessories), By End-User(Hospitals, Long Term Care Facility, Physician Offices/Clinics, Other), By Region - Industry Forecast 2025-2032
Report ID:
SQSG35E2002 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|Tables:
64
|Figures:
74
Medical Carts And Workstations Market Insights
Medical Carts And Workstations Market size was valued at USD 3.74 Billion in 2023 and is poised to grow from USD 4.36 Billion in 2024 to USD 14.9 Billion by 2032, growing at a CAGR of 16.59% during the forecast period (2025-2032).
In order to effectively carry out various procedures smoothly, healthcare facilities require medical carts and workstations. These carts and workstations assist in the preservation of essential patient information while also providing quick access to such information, thereby improving the quality and effectiveness of patient care. Major drivers of market growth include the increasing adoption of EMR/EHR, the integration of IT solutions in healthcare environments, and healthcare organizations' efforts to improve staff productivity and patient care.Medical carts are lightweight mobile carts used in medical facilities for a variety of purposes such as storing and transporting medicines, supplies, and equipment. These carts are typically made of materials appropriate for the clinical setting, such as stainless steel, powder-coated steel, wood laminate, healthcare-grade PVC, and so on, and include accessories such as outlet power strips and storage bins for convenience.
US Medical Carts And Workstations Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Mobile Computer Carts
Fastest Growth
Mobile Computer Carts
Growth Rate
16.59% CAGR
Global Medical Carts and Workstations Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Medical Carts And Workstations Market Segmental Analysis
The Global Medical carts and Workstations Market is segmented on the basis of Product, End-User, and Region. Based on Product, the market is segmented into Mobile Computer Carts; Medical Carts; Wall Mount Workstations; Medication Carts; Medical Storage Columns, Cabinets, and Accessories. Based on End-User, the market is segmented into Hospitals, Long Term Care Facility, Physician Offices/Clinics, Other. Based on Region, the market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Medical Carts And Workstations Market Analysis by Product
In 2021, the mobile computing carts/workstations sector accounted for the lion's share of the medical carts and workstations market. The segment's largest share and fastest growth are attributed to the rising adoption of computers and information technology in healthcare settings, rising demand for telemedicine carts as a result of COVID-19, and healthcare organizations' focus on adopting new technologies that offer better configurations and features to enhance clinical workflows. Furthermore, innovations such as lighter weight designs, improved mobility, and superior ergonomics are expected to drive the adoption of medical carts during the forecast period. Moreover, the ergonomics, portability, and maneuverability of medical carts set them apart from the competition.
Medical Carts And Workstations Market Analysis by End-user
In 2021, hospitals dominated the medical carts and workstations market. The key reasons projected to fuel the growth of this segment are increased investments in healthcare infrastructure development, the requirement for efficient patient safety, and initiatives undertaken to encourage the application of advanced technologies.
Global Medical carts and Workstations Market By Product, 2021 (%)
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Medical Carts And Workstations Market Regional Insights
North America is expected to dominate the medical carts and workstations market in 2021, while Asia-Pacific is expected to witness the fastest growth during the forecast period. Rising investments in the healthcare sector for improving healthcare infrastructure and increasing the number of healthcare facilities, adoption of new technologies by the healthcare industry, government initiatives to encourage the use of EMR and telehealth services, and initiatives by local vendors to improve the quality of care are the factors driving the growth of the Asia-Pacific medical carts and workstations market.
Global Medical Carts and Workstations Market By Geography, 2021-2028
- Largest
- Fastest
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Medical Carts And Workstations Market Dynamics
Medical Carts And Workstations Market Driver
- The increased focus on improving nursing efficiency, improvement in healthcare in developing countries, rising adoption of electronic health records (EHR), and patient safety to prevent medication errors are going to drive the growth of the medical carts market. Moreover, the ease of availability of critical medical supplies, as well as the growing need to limit high hospital costs, drive demand for medical carts.
- The increase in telemedicine and the ease of access to technologically advanced medical carts are driving the market growth. These products improve nursing efficiency and help patients receive better care. Growing demand for point-of-care diagnostic technology is also propelling the market growth.
Medical Carts And Workstations Market Restraint
- An underqualified workforce is a significant factor limiting medical cart sales. Today, numerous carts are including equipment that requires training or certification to operate. A lack of supply of highly skilled workers may limit the amount of money invested in medical carts even though they may not be handled appropriately, resulting in a negative impact on this market.
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Medical Carts And Workstations Market Competitive Landscape
The Medical Carts And Workstations Market is consolidated and highly competitive, with the existence of numerous small and major firms operating in both domestic and international markets. The industry's top players are embracing strategic collaboration initiatives to improve market share and profitability. Some of the major players in the market are Midmark Corporation, The Harloff Company, Capsa Healthcare, Bergmann Group, Altus Inc., Enovate Medical, and Medion Healthcare, among others.
Medical Carts And Workstations Market Top Player’s Company Profiles
- Capsa Healthcare
- Ergotron
- Enovate Medical
- Midmark Corporation
- AFC Industries
- Harloff Manufacturing Co.
- InterMetro Industries
- Jaco, Inc.
- Lund Industries, Inc.
- Medline Industries, Inc.
- Omnimed, Inc.
- Parity Medical
- Scott-Clark Medical
- Howard Medical
- Lakeside Manufacturing, Inc.
- Mid Central Medical
- Novaerus
- Pearson Medical Technologies
- The Harloff Company, Inc
Medical Carts And Workstations Market Recent Developments
- In January 2022, Midmark Corporation, an Us-based company designed a new dental workstation and introduced new ergonomics options for the dental environment.
- In August 2021, Midmark RTLS, announced a new partnership with Primex to provide customers with RTLS solutions that expand from asset tracking to patient flow and environmental monitoring solutions that automate data logging across facilities.
Medical Carts And Workstations Key Market Trends
- Customization has enabled manufacturers to provide the customer with a foundation to build on, based on requirements, while remaining cost-effective. Due to changing consumer preferences, which have a direct impact on the design of these carts, there has been a growing trend of customization in the medical carts industry.
- Digital medical records are now the standard in 90% of healthcare facilities, there is a significant demand for medical laptop carts on wheels. Moreover, these carts are becoming more advanced and portable in order to assist physicians and nurses. As an outcome, the market is growing and keeping up with the demands of the fast-paced healthcare environment.
Medical Carts And Workstations Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the use of medical carts in doctors' offices and standalone clinics is expected to increase steadily in the coming years. This is due to an increase in awareness and demand for one-stop solutions that take up less space and can be used for a variety of medical needs. Because these carts are used to transport medical equipment, medicines, computers, and storage cabinets, their popularity in clinics is expected to skyrocket during the forecast period.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.21 billion |
| Market size value in 2031 | USD 12.78 billion |
| Growth Rate | 16.59% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Medical Carts And Workstations Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Medical Carts And Workstations Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Medical Carts And Workstations Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Medical Carts And Workstations Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Medical Carts And Workstations Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Medical Carts And Workstations Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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