Press release
Medical Carts Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Medical Carts Market
Medical Carts Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Recent years have seen a swift expansion in the medical carts market. From being worth $2.67 billion in 2024, it is predicted to surge to a value of $3.03 billion by 2025, demonstrating a compound annual growth rate (CAGR) of 13.8%. The significant growth during the historic period can be ascribed to the uptake of electronic health records (ehr), the focus on patient-centric care, modernization of hospitals, regulatory standards in healthcare, and an increasing aging population.
Medical Carts Market Size Forecast: What's the Projected Valuation by 2029?
In the forthcoming years, the medical carts industry is poised for swift expansion, with the market size anticipated to reach $5.45 billion by 2029, following a compound annual growth rate (CAGR) of 15.8%. Factors such as environmentally friendly and sustainable designs, preparedness for emergencies, point-of-care testing, custom-made specialty care, and interoperability standards contribute to the projected growth into the forecast timeframe. Major tendencies in this phase will be IoT-capable medical carts, AI-driven care, green and sustainable designs, AI-guided inventory management, and remote patient surveillance.
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What Are the Drivers Transforming the Medical Carts Market?
The medical cart market is anticipated to grow due to the increasing usage of electronic health records (EHR). Essentially, an EHR is a digitalised patient's medical history that is constantly updated. Battery-powered medical carts facilitate the mobility of healthcare workers, enhancing their access to EHR. For example, it is reported by Health IT, a US-based organization advocating and supporting diverse hospitals and healthcare systems, that 88% of US office-based doctors had incorporated some form of EHR, and around 78% had implemented a certified EHR as of 2021. Consequently, the escalating adoption of electronic health records (EHR) is fuelling the expansion of the medical cart market.
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What Long-Term Trends Will Define the Future of the Medical Carts Market?
The trend of product innovation is becoming increasingly prevalent in the medical carts industry. Leading businesses in this sector are launching new items to consolidate their market share. In March 2024, for example, Ultralife Corporation, a U.S.-based enterprise specializing in the design, production, and upkeep of power and communication systems, in partnership with Karta, a U.S.-based cart manufacturer, introduced a unique cart and power solution. These state-of-the-art carts can power laptops, all-in-one systems, and mini PCs in hospitals and other healthcare environments. The cart itself features adaptable height settings and premium castors for effortless movement, plus an array of customizable accessories designed to accommodate various clinical workflows.
Which Segments in the Medical Carts Market Offer the Most Profit Potential?
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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Which Firms Dominate the Medical Carts Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in the Medical Carts Market?
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.
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