COVID-19 Impact on Medical Carts Market in Asia-Pacific Value to hit $555 million by 2022, at CAGR of 13.7% | Omnicell, Inc., Hanlim Medical Equipment Co.
The Asia-Pacific medical carts market was valued at $224 million in 2015 and anticipated to reach $555 million by 2022, growing at a CAGR of 13.7%.
Asia-Pacific Medical Carts Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report.
Click Here To Access Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/1871
The increased focus on improving nursing efficiency, patient safety, and rise in adoption of electronic health record (EHR) to prevent medication errors drive the growth of the Asia-Pacific medical carts market. In addition, easy accessibility to critical medical supplies and the growing need to limit the high hospital costs, further stimulate the demand for medical carts. However, lack of skilled workforce, high cost, and maintenance of medical carts could restrict the market growth.
In 2015, in terms of volume, the emergency carts segment accounted for over two-fifths share followed by procedure carts. The emergency carts segment is expected to dominate the Asia-Pacific medical carts market throughout the forecast period, both in terms of value and volume.
The emergency carts are critical in providing utmost and immediate patient care even in adverse situations.
China dominated the Asia-Pacific medical carts market in 2015, accounting for more than one-third market share, and is projected to continue this trend in the future. China generated the maximum revenue in 2015 and is projected to be the fastest growing country throughout the analysis period, at a CAGR of 16.4%. This is attributed to its high geriatric population that requires medical procedures and the rise in demand for medical carts required for this purpose. Besides, improvement in health care expenditure further supplements the sale of medical carts in China. However, Japan utilized 180 thousand unit carts in 2015 and is anticipated to be a lucrative market opportunity as the Japanese health care expenditure is anticipated to surge by an average of 3% during 2014-18.
For Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/1871
The key players in the medical carts market are focused on expanding their business operations in the fast-growing emerging countries with new product launches as a preferred strategy.
The Major key players profiled Are:
• Omnicell, Inc.
• Hanlim Medical Equipment Co., Ltd.
• Ruilang Medical Equipment Co., Ltd
• Capsa Solutions LLC
• Chang Gung Medical Technology Co., Ltd
• ITD Medical Technology Products Co., Ltd.
• Lifemedic Health care Supplies Pte Ltd
• Midmark Corporation
• Nortek, Inc.
• Zhangjiagang Medi Medical Equipment Co., Ltd.
Key Findings of the Asia-Pacific Medical Carts Market:
• In 2015, China dominated the overall medical carts market revenue, and is projected to grow at a highest CAGR of 16.4% during the forecast period, in terms of value and volume.
• Singapore is expected to grow at a remarkable CAGR of 14.2% in terms of value and 13.5% in terms of volume.
• Indonesia is projected to grow at a CAGR of 13.4% in terms of value, during the analysis period.
• Emergency carts segment accounts for about half of the Asia-Pacific medical carts market share in terms of value and three-seventh of share in terms of volume.
• In terms of value, procedure carts is anticipated to grow at the fastest rate of 14.4% from 2016-2022.
Access Full Report @ https://www.alliedmarketresearch.com/asia-pacific-medical-carts-market
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
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 COVID-19 Impact on Medical Carts Market in Asia-Pacific Value to hit $555 million by 2022, at CAGR of 13.7% | Omnicell, Inc., Hanlim Medical Equipment Co. here
News-ID: 2098664 • Views: 383
More Releases from Allied Market Research
Airborne Fire Control Radar Market Global Business Outlook and Professional Surv …
A new report published by Allied Market Research, titled, “World Airborne Fire Control Radar Market by Frequency Band and Geography: Global Opportunity Analysis and Industry Forecast, 2014-2022,” forecasts that the world airborne fire control radar market is expected to reach $3,455 million by 2022, growing at a CAGR of 3.9% from 2016 to 2022. X-band segment is expected to witness highest growth rate, while region-wise North America is projected to
Aerospace Robotics Market Projected To Hit $5,687 Billion By 2022 | Analysis, Sa …
The aerospace robotics market in the LAMEA region is estimated to grow at a significant rate during the forecast period, owing to the heavy inflow of investment by the government to develop the aviation industry. Moreover, it is expected to witness significant growth in emerging countries such as Africa, Brazil, Iran, and Saudi Arabia. Download Sample Report: https://www.alliedmarketresearch.com/request-sample/2152 Aerospace Robotics Market Report, published by Allied Market Research, projects that the global
High Availability Server Market 2020 | Best Growth Opportunities to Generate Hug …
The Objective of the High Availability Server Market report is to depict the trends and upcoming for High Availability Server Industry over the forecast years. In High Availability Server Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased
U.S. Digital Therapeutics Market Expected to Reach $5.08 Billion by 2027
The U.S. digital therapeutics market is expected to grow at a faster rate during the forecast period, owing to increase in smartphone penetration in the U.S. Moreover, rise in need to curb healthcare costs and increase in prevalence of chronic diseases are anticipated to supplement the market growth. In addition, introduction of more sophisticated devices, which are compatible with smartphones and associated programs augments growth of the market. According to a
More Releases for Medi
Stone Extraction Devices Market size, Demand, Growth Innovation, Trends, Region, …
Los Angeles, United State: QY Research announced the publication of a new research report to its ever-growing repository. It sheds light on the global Stone Extraction Devices market. The research report is collated using primary and secondary research methodologies to provide the users with a precise analysis of the market dynamics. Analysts have used SWOT analysis and Porter's five forces analysis for providing the readers with a detailed understanding of
Global Orthopedic Orthotics Market 2018 - Ottobock, Ossur, DeRoyal Industries., …
Apex Market Reports, recently published a detailed market research study focused on the “Orthopedic Orthotics Market” across the global, regional and country level. The report provides 360° analysis of “Orthopedic Orthotics Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Orthopedic Orthotics on
Global Examination Chairs Market 2018-2023 Medi-Plinth, EUROCLINIC, LEMI
Examination Chairs Market Research 2018 A market study "Global Examination Chairs Market" examines the performance of the Examination Chairs market 2018. It encloses an in-depth Research of the Examination Chairs market state and the competitive landscape globally. This report analyzes the potential of Examination Chairs market in the present and the future prospects from various angles in detail. The Global Examination Chairs Market 2018 report includes Examination Chairs market Revenue, market Share,
MEDI+SIGN® Designated a ResponderSync® Partner at Rauland-Borg Corporation
MEDI+SIGN announces the recent designation of ResponderSync Partner by Rauland-Borg, a market leader in Nurse Call communication systems. The MEDI+SIGN healthcare technology supports critical communication solutions to ensure safety of patients and plays an essential role in preventing errors and safety conflicts, fostering a safe healing environment for the patient. MEDI+SIGN connects nurse/patient communications through Digital Patient WhiteBoard Solutions designed to improve patient satisfaction and coordination of care. The
Empty Capsules Market 2017 - Capsugel, Medi-Caps, Capsugel, Bright Pharmacaps
Apex Research, recently published a detailed market research study focused on the "Empty Capsules Market" across the global, regional and country level. The report provides 360° analysis of "Empty Capsules Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Empty Capsules industry, and estimates the future trend of Empty Capsules market on
MEDI+SIGN Announces Harley Flack as New Advisory Board Member
MEDI+SIGN, a healthcare technology company that provides automated communication to the patient’s bedside, would like to officially welcome Harley Flack, CEO of FlackAttack Ventures to the MEDI+SIGN Advisory Board. “Harley offers a strong presence on the board with strategic thinking and leadership experience that brings the right kind of expertise for the growth of MEDI+SIGN,” says David Linetsky, Founder, and CEO of MEDI+SIGN. Flack, the founder of FlackAttack Ventures Incorporated