Medical Carts Market is Projected to Witness Significant Growth During the Forecast Period

Press Release

Medical carts can either be powered or manually operated, that is non-powered, based upon the requirements of the healthcare facilities. Non-powered carts are projected to generate higher revenue in the coming years, globally. In the medical carts market, StyleView laptop cart by Ergotron Inc., and Vintage Series treatment cart and Avalo emergency cart by Capsa Healthcare Inc. are some product examples of powered and non-powered medical carts, respectively.

On the basis of material, medical carts market is categorized into metal, plastic and others. Metals generally include stainless, mild steel, and aluminum, whereas other materials include wood and combination of metals and plastics. These carts use a variety and combination of materials in their manufacturing. Metal is the highly used material in the production, owing to its durability in the long run.

North America is expected to be the largest contributor to the global medical carts market in the coming years, owing to the increasing patient base, increasing healthcare expenditure, and early adoption of latest technologies in the region. However, during the forecast period, the market in Asia-Pacific is expected to witness the highest growth and demand for these products. The major factors driving the market growth in the region are rapid economic growth, advancements in private and public hospitals, and rising healthcare reforms issued at various government levels including, state council and national health commission.

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Growth in the medical carts industry is affected by various macro- and micro-economic factors, such as rising need for point-of-care facilities, surge in healthcare industry, and rising number of healthcare reforms. Manufacturers are focusing on developing carts that are equipped with the United States Food and Drug Administration (USFDA) approved battery systems, and advanced technological features, such as wireless technology, in order to support the increasing need to perform multiple tasks in the healthcare institutions.

Some of the key players in the medical carts industry are Medline Industries Inc., Capsa Healthcare, Scott-Clark Medical, Extron Inc., InterMetro Industries Corporation, Detecto Scale, Armstrong Medical Inc., Midmark Corporation, The Harloff Company, Novum Medical Products, AFC Industries, Ergotron Inc., and ITD GmbH.

This post was originally published on Financial Sector

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