A medical cart is a mobile device, consisting of shelves, trays, compartments and drawers for hospital use and medical settings. It carries, distributes and transports emergency medicines, drugs, medical equipment and medical devices. Carts are an important aspect of medical care as they provide patient care along with storage, recording and distribution of medicines, supplies and patient information.
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The factors that drive the growth of the medical carts market size include the need for bedside patient care in various situations, such as in operating rooms and other emergency circumstances. Innovation in functionality of medical carts that feature universal mounting accessory function, RFID (Radio-frequency identification) locking drawers, and dual pull up shelves enhance the utility of the emergency carts further drive medical carts market growth. Moreover, growth in healthcare expenditure and investments in the market have encouraged the manufacturers to develop cost-effective and customized medical carts in the developing countries, boosting the medical carts market size.
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North America accounted for a majority of the global medical carts market share in 2020, and is anticipated to remain dominant during the medical carts market forecast. This is attributed to rise in production of optical fibers in endoscopy, increase in number of approvals for medical carts, rise in presence of key players, and surge in development of technology for healthcare in the region. Asia-Pacific is anticipated to witness lucrative growth, owing to increase in number of musculoskeletal disorders.
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Key Findings:
โข By type, the emergency cart segment was the highest contributor to the market in 2020.
โข Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the medical carts market analysis.
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