Medical Carts Market to Reach USD 1,512.8 Million by 2026; Increasing Number of Product Launches Will Aid Growth

The global medical carts market size is projected to reach USD USD 1,512.8 million by 2026. The growing technological interventions have opened up a huge potential for market growth. According to a report published by Fortune Business Insights, titled “Medical Carts Market Size, Share & Industry Analysis, By Type (Anesthesia Carts, Emergency Carts, Procedure Carts, Telemedicine Carts and Others), By Material Type (Metal, Plastic, and Others), By End User (Hospitals, Physician Offices, Others) and Regional Forecast, 2019-2026,” the market was worth USD in 2018 and will exhibit a CAGR of 11.2% during the forecast period.

Medical carts are lightweight carts that are used in hospitals and medical facilities. They are mostly used for purposes such as storage, supplies, and transportation. The increasing demand for medical carts is attributable to the ease of use that they offer, in addition to the low cost and light weight. Recent advancements in the material associated with the manufacturing of medical cart will have a positive impact on the growth of the market in the coming years. The use of steel, health grade PVC and wood laminate has allowed widespread applications, subsequently contributing to the growing demand for the product across the world.  Moreover, recent technological advances such as the use of touchscreen panels and LCD displays will help companies generate substantial medical cart market revenue in the coming years.

Capsa Healthcare’s ‘Slimcart’ Will Gain Massive Popularity; Massive Product Sales Will Have a Positive Global Impact

Due to the high demand for the product across the world, several large scale companies are focused on integrating advanced technologies in medical carts. Healthy market competition has compelled these companies to introduce stand out products with attractive technologies. In May 2019, Capsa Healthcare announced the launch of a new ultra- lightweight documentation cart. The company introduced ‘Slimcart’, a compact cart that is used to mobilize HER in any healthcare setting. This product is set to gain massive popularity in the coming years, accounting to its exceptional properties. The company’s latest product will not just help the company generate substantial market revenue, but will have a direct impact on the overall market in the coming years.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/medical-carts-market-102576

Technological Innovations are Playing a Huge Part in Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. It has been observed that the increasing number of technological advances and product innovations have played a huge role in the growth of the market. The high emphasis on technological integration has proved beneficial for several companies across the world. Moreover, the use of technologically sound devices has allowed products of the highest efficacy. The improvements in medical cart operations, driven by the use of technology, will lead to a wider adoption across the world.

AFC Industries Among the Leading Companies in the Market

The global medical cart market is somewhat fragmented in nature. The presence of several large scale companies has compelled companies to adopt strategies that will help them stand out from the rest. AFC Industries is one such company that has a massive global consumer reach, in addition to its attractive range of medical carts. A few of the other companies that are operating in the market include:

• Harloff Manufacturing Co.


•  Ergotron, Inc.


• Advantech Co., Ltd.,


•  ITD Gmbh


• AFC Industries


• Enovate Medical


•  The Bergmann Group


• Jaco, Inc.,


• Medline Industries, Inc.,


• Performance Health


• Others

Further Report Findings:

• The report analyzes the ongoing cosmetics market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. The market in North America is projected to hold the largest market share, owing to the increasing number of exploration activities.


• The market in Asia Pacific will witness healthy growth driven by the increasing demand for hydrocarbons in several countries across this region.

Industry Developments:

• September 2019: Altus Inc. announced the launch of a new medical cart that has been designed with high durability. The ‘ClioSwap 2.0,’ is a new powered medical cart used in medical documentation.

The global medical carts market is segmented on the basis of: