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 global medical carts market has undergone a robust expansion, surging from $2.06 billion in 2022 to $2.34 billion in 2023, registering a compelling compound annual growth rate (CAGR) of 13.9%. Projections indicate a continuous upward trajectory, with the market size anticipated to reach $3.95 billion by 2027, sustaining the same CAGR of 13.9%.

Driving Force: Electronic Health Records (EHR) Adoption
A key driver fueling this growth is the escalating adoption of electronic health records (EHR). The integration of EHR into healthcare systems necessitates accessible and mobile solutions, propelling the demand for medical carts with built-in batteries. As per Health IT data from 2019-21, approximately 86% of non-federal general acute care hospitals in the US have embraced certified electronic health records. This trend is instrumental in steering the upward trajectory of the market.

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Market Segmentation: Unraveling the Landscape
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

Trending Innovation: Product Evolution
A notable trend in the medical carts market is the emphasis on product innovation. Major players are continuously developing new products to reinforce their market presence. For example, Advantech introduced the AMiS-30EP clinical pole cart in December 2021. This innovative product is designed for comfortable positioning and rapid care delivery, featuring anti-static casters for easy movement and providing a highly customizable solution adaptable to diverse healthcare environments.

Regional Landscape: North America Takes the Lead
In 2022, North America emerged as the largest region in the medical carts market. Looking ahead, Asia-Pacific is poised to be the fastest-growing region in the forecast period, indicating evolving opportunities and dynamics in the global market.

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The Medical Carts Global Market Report 2023  provides a comprehensive overview on the medical carts market size, medical carts market trends and drivers, opportunities, strategies, and companies 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.

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