Press release
Global Medical Carts Market: Impressive Growth, Key Players, and Emerging Trends
Riding on the emergence of electronic health records and hospital modernization, the global medical carts market is projected to surge from $2.67 billion in 2024 to $5.45 billion in 2029, with a compound annual growth rate of 15.8%.What Is The Projected Market Size Of The Global Medical Carts And Its Growth Rate?
• The global medical carts market grew from $2.67 billion in 2024 to $3.03 billion in 2025, showing a CAGR of 13.8%.
• By 2029, the market size is projected to increase to $5.45 billion, with a promising CAGR of 15.8%.
What Is Driving The Growth In The Medical Carts?
The heightened adoption of Electronic Health Records (EHRs) plays a key role in driving the market for medical carts. EHRs represent a digital version of a patient's medical history. Medical carts with batteries can accompany healthcare professionals, which enhances EHR accessibility. According to Health IT, about 88% of US office-based physicians had embraced any EHR as of 2021, and nearly 78% had adopted a certified EHR. Consequently, the escalating adoption of EHRs is propelling the medical cart market's growth.
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Who Are the Key Players Driving Medical Carts Growth?
The medical carts market's growth is creditable to key players like:
• 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.
What Are The Key Trends In The Medical Carts?
Medical carts market trends include:
• Internet of Things (IoT)-enabled medical carts
• Artificial Intelligence (AI)-assisted care
• Green and sustainable design
• AI-based inventory management
• Remote patient monitoring
What Are The Segments Of The Global Medical Carts?
The medical carts market is segmented by:
• Type: Anesthesia Carts, Emergency Carts, Procedure Carts, Telemedicine Cart, Other Type
• Material Type: Metal, Plastic, Others Type
• End User: Hospitals, Physician Offices, Other End User
Which Region Leads The Medical Carts?
North America led the global medical carts market in 2024. However, Asia-Pacific is projected to emerge as the fastest-growing region in the forecast period. The report covered include regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Medical Carts Global Market Report?
- Market Size Analysis: Analyze the Medical Carts size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Medical Carts for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Medical Carts growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Medical Carts.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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