Press release
Medical Carts Market Set to Exhibit Momentous Revenue Share at US$ 1,100 Million by 2027 || Herman Miller Inc., Omnicell Inc., The Harloff Company, Capsa Solutions LLC, Medline Industries Inc., AFC industries Inc.
Looking at the current market trends as well as the promising demand status of the Medical Carts Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Medical Carts Market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them to draw conclusions out of this intelligent research report.Request Free Sample Report @ https://www.mrrse.com/sample/3078
The Non-powered (mechanical) energy source segment dominated the North America medical carts market in terms of revenue in 2017 and is likely to retain its dominance throughout the forecast period. The Non-powered (mechanical) segment is also the most attractive segment, with an attractiveness index of 1.2 over the forecast period. This segment is estimated to hold a little over 68% revenue share of the North America medical carts market in 2017; however, there is an anticipated drop to the tune of 432 basis points in market share by 2027. The Non-powered (mechanical) segment is expected to register a CAGR of 10.4% over the forecast period and be valued at a little more than US$ 1,100 Mn by 2027 end.
On the other hand, revenue from the Powered segment by energy source is expected to grow 3.3x by 2027 end as compared to that in 2017. The Powered segment is expected to create absolute $ opportunity of slightly more than US$ 20 Mn in 2018 over 2017. By the end of 2027, the Powered segment is projected to reach more than US$ 600 Mn, growing at a CAGR of 12.6% over the forecast period. The Powered segment is expected to be the second most lucrative segment in the North America medical carts market by energy source, with an attractiveness index of 0.8 during the period of assessment.
Key player focus on developing innovative products drives revenue growth in the North America medical carts market
Key players in the North America medical carts market are focussing on developing innovative application specific products to fulfil the various needs of hospitals and to enhance the important factor of patient safety. This need to increase hospital capacity and innovations in products are likely to boost the revenue and volume growth of the medical carts market. To strengthen the medical carts product portfolio, companies in this market are deploying a product line extension strategy by launching new products with unique features for specific purposes. For instance, companies such as Ergotron, Inc. and InterMetro Industries Corporation are introducing powered medical carts to simplify the work of nursing facility staff. These mobile medical carts are preferred by nurses as they are at a high risk of musculoskeletal disorders.
Browse Complete Report with TOC @ https://www.mrrse.com/north-america-medical-carts-market
Non-powered or mechanical medical carts are now slowly being replaced by innovative and enhanced technologies such as powered medical carts with battery systems and locking drawers with negative tilt to facilitate efficient medication stocking, and also feature automated medicine dispensing systems. For instance, Omnicell Inc. designs medication workstations to advance medication and supply automation management. On the other hand Ergotron Inc. offers a wide variety of powered medical carts with ergonomic and easy-to-manoeuvre features. This shift in technology to powered medical carts is trending the North America medical carts market.
Hazards associated with powered medical carts could negatively impact segmental growth over the forecast period
There have been past incidences of safety issues with battery powered mobile medical carts.The U.S. Food and Drug Administration (FDA) has been receiving several complaints about incidents of hospital fires associated with batteries used in powered medical carts. In December 2016, the FDA issued a warning regarding the risks associated with battery powered medical carts to healthcare professionals and healthcare units. Medical carts are regulated by the FDA under section 201(h) of the Food, Drug and Cosmetic Act. Commercially available battery powered medical carts include medication dispensing carts, emergency carts and others. Hazards associated with powered medical carts are likely to hamper the revenue growth of the Powered segment during the forecast period.
Enquire about this Report @ https://www.mrrse.com/enquiry/3078
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Carts Market Set to Exhibit Momentous Revenue Share at US$ 1,100 Million by 2027 || Herman Miller Inc., Omnicell Inc., The Harloff Company, Capsa Solutions LLC, Medline Industries Inc., AFC industries Inc. here
News-ID: 1743486 • Views: …
More Releases from MRRSE

Sales of Digital Printing for Packaging Market Motivated with Rising Demand from …
A recent market study published by MRRSE, “Digital Printing for Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the digital printing for packaging market, the growth prospects of the market are obtained with maximum precision.
Get Brochure of The Report @ https://www.mrrse.com/sample/3234
Chapter 01 – Executive Summary
The…

Biofuel Testing Services Market Insights Covering Market Dynamics and Competitiv …
A recent market study published by MRRSE “Biofuel Testing Services Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the biofuel testing services market, the growth prospects of the market are obtained with maximum precision.
Chapter 01 – Executive Summary
The report commences with the executive summary of the…

Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prim …
A research study published by MRRSE provides readers with a comprehensive outlook of the global potassium formate market, to precisely gauge its futuristic development. It assesses the potassium formate industry on the historical and current scenario, and also includes a forecast for 2019 through to 2027. The report is designed to help key stakeholders make business decisions pertaining to the potassium formate market with the help of key findings and…

Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial …
MRRSE, in its recently published research report, brings forth actionable intelligence into the lithium-ion battery market. The business study is intended at equipping stakeholders in the lithium-ion battery market with distinguished insights, and help them in developing sustainable growth strategies for business advancement.
This comprehensive research report provides an incisive outlook regarding the changing dynamics of the lithium-ion battery market, by identifying key drivers, restraints, opportunities, and threats. This study also…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…