The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s medical carts market report forecasts the medical carts market size to grow to $3.95 Billion by 2027, with a CAGR (compound annual growth rate) of almost 14%.

Learn More On The Medical Carts Market Report 2023 – https://www.thebusinessresearchcompany.com/report/medical-carts-global-market-report

Medical Carts Market Size Forecast
The global medical carts market is expected to grow from $2.06 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical carts market size is expected to grow to $3.95 billion in 2027 at a CAGR of 13.9%.

North America held the largest medical carts market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Medical Carts Market Driver ­– Rise In The Adoption Of Electronic Health Records
For instance, according to Health IT, a US-based organization that represents and serves all types of hospitals and health care networks, as per the data 2019-21 shows that about 86% of non-federal general acute care hospitals have adopted a certified electronic health record (EHR). Therefore, the rising adoption of electronic health records (EHR) is driving the medical carts market.

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Key Medical Carts Market Trend – Product Innovation
Major companies operating in the medical carts market are developing new products to strengthen their position in the market. For instance, in December 2021, Advantech, a US-based provider of medical carts, launched the AMiS-30EP clinical pole cart for comfortable positioning and rapid care delivery. This product features four anti-static 4″ casters for easy movement on floor surfaces. This furnishes a highly customizable cart solution for use in diverse healthcare environments.

Medical Carts Market Segment
1) By Type: Anesthesia Carts, Emergency Carts, Procedure Carts, Telemedicine Cart, Other Type
2) By Material Type: Metal, Plastic, Others Type
3) By End User: Hospitals, Physician Offices, Other End User

Medical Carts Market Major Players and Strategies
Major players in the medical carts market are ITD GmbH, Advantech Co. Ltd., Harloff Manufacturing Co, AFC Industries, Midmark Corporation, The Bergmann Group, Capsa Healthcare, Jaco Inc., Waterloo Healthcare, Ergotron Inc., The Bergmann Group, Armstrong Medical Inc., Onyx Healthcare Inc and AMD Global Telemedicine Inc.

In August 2021, Capsa Healthcare, a US-based leader in developing and delivering innovative healthcare solutions, acquired Specialty Carts for an undisclosed amount. Through this acquisition, Capsa has grown steadily through a combination of internal development and the acquisition of complementary product brands and platforms. Specialty Carts is a US-based medical cart manufacturer, primarily for the long-term care industry.

The Medical Carts Global Market Report 2023 covers regional data on medical carts market size, medical carts market trends and drivers, opportunities, strategies, and medical carts market competitor analysis. The countries covered in the medical carts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A medical cart refers to typically portable equipment that is configured with drawers, colors, locking mechanisms, and other characteristics to help them store and organize materials and equipment used in various medical operations. The medical cart is used in hospitals to help medical professionals in transporting medical supplies by using trolleys.

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