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How has the medical carts market size evolved in recent years?

The market for medical carts has experienced a substantial expansion in the past few years. There is projected growth from a worth of $2.67 billion in 2024 to $3.03 billion in 2025, translating to a compounded annual growth rate (CAGR) of 13.8%. The historical growth has been influenced by factors such as the increase in electronic health records (ehr), focus on patient-centric care, modernization of hospitals, healthcare regulations, and an aging population.

What are the predictions for the medical carts market size in the coming years?

In the coming years, the medical carts market is forecasted to experience a significant surge in growth, expanding to a value of $5.45 billion by 2029 at a compound annual growth rate of 15.8%. This anticipated growth during the forecast period can be ascribed to elements like green and sustainable design, preparedness for emergencies, point-of-care testing, tailored care for particular specialties, and interoperability standards. Noteworthy trends expected during the forecast period encompass medical carts empowered by internet of things (IoT), care assisted by artificial intelligence (AI), green and sustainable design, inventory management driven by AI, and monitoring of patients remotely.

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What key factors are fueling the growth of the medical carts market?

The medical cart market is set for expansion, propelled by the increasing utilization of electronic health records (EHR). EHRs are digital renditions of a patient’s medical history that is constantly updated. They can be transported with medical professionals using battery-equipped medical carts, enhancing the accessibility of these vital records. For example, Health IT, an organization in the United States dedicated to serving hospitals and healthcare networks, reported that 88% of office-based physicians in the US had implemented an EHR, and 78% had installed a certified EHR in 2021. Consequently, the escalating use of EHRs is fueling the progression of the medical cart market.

How is the global medical carts market divided into key segments?

The medical carts market covered in this report is segmented –

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

Subsegments:

1) By Anesthesia Carts: Standard Anesthesia Carts, Mobile Anesthesia Carts, Anesthesia Workstations

2) By Emergency Carts: Crash Carts, Trauma Carts, Code Blue Carts

3) By Procedure Carts: Surgical Procedure Carts, Examination Carts, Treatment Carts

4) By Telemedicine Cart: Mobile Telemedicine Carts, Fixed Telemedicine Carts

5) By Other Type: Medication Carts, Supply Carts, Nursing Carts

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Who are the key firms paving the way for growth in the medical carts market?

Major companies operating in the medical carts market include ITD GmbH, Advantech Co. Ltd., Harloff Manufacturing Co. Inc., AFC Industries Inc., Midmark Corporation, Capsa Healthcare LLC, Bergmann Group GmbH & Co. KG, Onyx Healthcare Inc., InterMetro Industries Corporation Inc., Waterloo Healthcare Inc., Ergotron Inc., Jaco Inc., Enovate Medical LLC, TouchPoint Medical Inc., Merino International Group LLC, Lakeside Manufacturing Inc., BiHealthcare Inc., Scott-Clark Medical Inc., Medstor Systems USA LLC, Hergo Ergonomic Support Systems Inc., Cardinal Scale Manufacturing Company, Capsa Solutions LLC, Omnicell Inc., Mid Central Medical, Medline Industries LP, Altus Inc, Armstrong Medical Industries, Inc., Modern Medical Equipment Mfg. Ltd., Omnimed Inc., Pedigo Products Inc.

Which trends are expected to transform the medical carts market?

The trend of product innovation is currently being identified as prominent in the field of medical carts. Market-leading companies are creating new product designs to consolidate their market position. For example, in March 2024, Ultralife Corporation, an American firm that specializes in designing, manufacturing, and maintaining power and communication systems, collaborated with Karta, another US-based cart producing company, to introduce a new cart and power solution. These cutting-edge carts have the capacity to power laptops, all-in-one systems, and mini PCs utilized in hospitals and assorted medical environments. The cart boasts features like adjustable height settings and high-grade casters for effortless mobility, along with a variety of bespoke accessories to cater to different clinical tasks.

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What regions are contributing significantly to the growth of the medical carts market?

North America was the largest region in the medical carts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical carts market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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