Press release
Medical Carts Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Medical Carts Market Demand
What Is the Expected Medical Carts Market Size During the Forecast Period?
The market for medical carts has seen a swift expansion in recent times. The market value is expected to increase from $2.67 billion in 2024 to $3.03 billion in 2025, with a compound annual growth rate (CAGR) of 13.8%. Factors such as the adoption of electronic health records (ehr), a focus on patient-centric care, modernization of hospitals, healthcare regulations, and an aging population have contributed to this growth during the historical period.
Rapid expansion is anticipated in the medical carts market over the upcoming years, with projections estimating a growth to $5.45 billion in 2029 and a compound annual growth rate (CAGR) of 15.8%. Factors contributing to the projected growth within this period include the adoption of green and sustainable designs, emergency preparedness, point-of-care testing, custom-made solutions for specialty care, and interoperability standards. The forecast period will also see key trends such as the integration of Internet of Things (IoT) in medical carts, the use of artificial intelligence (AI) in patient care and inventory management, green and sustainable design, and remote patient monitoring.
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What Are the High-Growth Segments in the Medical Carts Market?
The medical carts market covered in this report is segmented -
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
Subsegments:
1) By Anesthesia Carts: Standard Anesthesia Carts, Mobile Anesthesia Carts, Anesthesia Workstations
2) By Emergency Carts: Crash Carts, Trauma Carts, Code Blue Carts
3) By Procedure Carts: Surgical Procedure Carts, Examination Carts, Treatment Carts
4) By Telemedicine Cart: Mobile Telemedicine Carts, Fixed Telemedicine Carts
5) By Other Type: Medication Carts, Supply Carts, Nursing Carts
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What Key Drivers Are Expected to Influence Future Medical Carts Market Growth?
The increased acceptance of electronic health records (EHR) is believed to drive the expansion of the medical cart industry in the future. EHRs, which are digital versions of a patient's health history constantly updated, improve their accessibility when used with mobile medical carts equipped with batteries. This mobility allows healthcare professionals to easily access these records. For example, Health IT, an American organization representing and serving diverse hospitals and health networks, stated that almost 9 out of 10 (88%) US-based office doctors had embraced some form of EHR, and nearly 4 out of 5 (78%) had implemented a certified EHR in 2021. Consequently, this growing use of electronic health records (EHR) is fueling the expansion of the medical cart industry.
Which Companies Hold the Largest Share Across Different Medical Carts Market Segments?
Major companies operating in the medical carts market include 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., InterMetro Industries Corporation Inc., Waterloo Healthcare Inc., Ergotron Inc., Jaco Inc., Enovate Medical LLC, TouchPoint Medical Inc., Merino International Group LLC, Lakeside Manufacturing Inc., BiHealthcare Inc., Scott-Clark Medical Inc., Medstor Systems USA LLC, Hergo Ergonomic Support Systems Inc., Cardinal Scale Manufacturing Company, Capsa Solutions LLC, Omnicell Inc., Mid Central Medical, Medline Industries LP, Altus Inc, Armstrong Medical Industries, Inc., Modern Medical Equipment Mfg. Ltd., Omnimed Inc., Pedigo Products Inc.
What Trends Are Driving Growth in The Medical Carts Market?
The rising trend of product innovation is becoming more prevalent in the medical carts market. Many leading enterprises in this market are creating novel products to consolidate their standing. For instance, in March 2024, Ultralife Corporation, an American firm that specializes in the design, manufacturing, and maintenance of power and communication systems, collaborated with Karta, another US-based cart maker, to introduce a new cart and power solution. These avant-garde carts can facilitate the operation of laptops, all-in-one systems, and mini PCs in hospitals and various other medical circumstances. The cart is designed with flexible height adjustments and top-quality casters for effortless mobility. It also has a multitude of customizable features to accommodate different clinical layouts.
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What Are the Emerging Geographies for The Medical Carts Market Growth?
North America was the largest region in the medical carts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical carts market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Medical Carts Market?
2. What is the CAGR expected in the Medical Carts Market?
3. What Are the Key Innovations Transforming the Medical Carts Industry?
4. Which Region Is Leading the Medical Carts Market?
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