News Live 2019: Medical Carts And Workstations Market Grow with Healthy CAGR

The growing incidence of musculoskeletal injury (MSI) and the growing adoption of electronic medical records (EMR) in hospitals are expected to drive the growth of the medical carts and workstations market in upcoming years.

Medical Carts, also known as workstations on wheels. The medical carts and workstations mobile carts and wall-mounted workstations have evolved significantly for clinicians' and hospital's application for ergonomics and durability. It allows the user to easily access mobile electronic health records from the point-of-care. The growing incidence of musculoskeletal injury (MSI) and the growing adoption of electronic medical records (EMR) in hospitals are key contributors to the market growth. In addition, increasing adoption of mobile carts is the main factors for the growth of the market. Moreover, the increase in the need to help medical and surgical staff and the increase in government spending along with the increasing demand emergency vehicle services are expected to further create the demand in the global medical carts and workstations market.

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However, the high price for the cost and continuous need for maintenance are the main restraining factors in the market over the forecast period. Moreover, the high brand identity availability and high capital cost associated in the manufacturing process are further expected to challenge the growth factor for the new manufacturers to operate in the global medical carts and workstations market over the coming years.

KEY FINDINGS:

Based on the product type, the mobile computing carts segment accounted for the largest share of more than 40% in terms of volume in the global medical carts and workstations market in 2018
Based on the application, The hospital segment accounts of the largest share in the market and expected to register a CAGR of 15.8% during the period of 2019-2026
North America accounted for more than 40% market share of the global medical carts and workstations market in 2018
RECENT NEWS:

In February 2019, Ergotron and UV Partners signed up for a partnership agreement. The partnership aimed to integrate UV Angel technology with the Ergotron's product lines, started with CareFit Pro and StyleView
In November 2017, GCX launched next-generation fetal monitoring workstation for healthcare application. The workstation equipped with fetal monitoring and electronic medical record (EMR) hardware in a single bedside cart

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This release was published on openPR.