The report, titled “North America’s medical carts market size Analysis and Opportunity Assessment, 2017-2027,” also projects that manufacturers of medical carts are extending the product line by introducing medical carts with added features. Omnicell, Inc., Herman Miller, Inc., The Harloff Company, Capsa Solutions LLC, Medline Industries, Inc., Armstrong Medical Industries, Inc., AFC Industries, Waterloo Healthcare, TouchPoint Medical, and Ergotron, Inc. are recognised as leading manufacturers of medical carts in North America.
Rising focus on point-of-care diagnosis & treatment has led to an increase in the use of mobile computer medical carts. Computer medical carts are used to record and update a patient’s electronic health records (EHR). Increased adoption of Electronic Health Records (EHR) is also observed to be an instrumental factor for growth of North America’s medical carts market.
The need for streamlining workflow has necessitated the integration of information technology (IT) solutions in healthcare settings. Medical carts manufactured by companies are presently serving the essential purpose of aiding nursing operations in medical facilities. The robust healthcare infrastructure in the US will demand the adoption of advanced medical carts that not only dispense medical instruments & supplies, but also have integrated IT systems. In the years to come, the demand for medical carts in North America will witness steadfast inclination towards IT-integrated medical carts.
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Constructive Prospects for Future of North America’s Medical Carts Market
A lucrative opportunity for such prominent medical device manufacturers towards consolidating their presence in the medical carts market in North America is changing their product line in accordance with shift in technology. Mechanical medical carts are being gradually replaced by new and enhanced technologies such as powered medical devices with battery systems, locking drawers (with negative tilt to facilitate efficient stocking of medication), and automated medicine dispensing systems.
In addition to this, increased focus on acquisitions and collaboration among companies have helped them expand their clinical carts product portfolio and cater to the demand for efficient healthcare systems. This has boosted the need for more effective and advanced medical equipment, devices and procedures. Emerging players must keep in mind that acquisitions over the years have resulted in strengthening the positions of current market leaders.
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Key Highlights of the Report follow,
- In 2017 and beyond, computer medical carts will remain in great demand, procuring close to 40% of the market’s overall revenues towards the end of 2027
- North America’s medical carts market is poised to witness dominance of metal as base material, revenues from which will reflect a CAGR of 12.1%
- Non-powered medical carts will also be top-sellers in the market, while revenues from sales of powered medical carts are anticipated to showcase 12.6% CAGR
- Hospitals will be the largest end-users of medical carts in North America
There have been past incidences of safety issues with battery powered mobile medical carts.The United States Food and Drug Administration (FDA) has been receiving several complaints about incidents of hospital fires associated with batteries used in powered medical carts. In December 2016, the FDA issued a warning regarding the risks associated with battery powered medical carts to healthcare professionals and healthcare units.
Medical carts are regulated by the FDA under section 201(h) of the Food, Drug and Cosmetic Act. Commercially available battery powered medical carts include medication dispensing carts, emergency carts and others. Hazards associated with powered medical carts are likely to hamper the revenue growth of the Powered segment during the forecast period.
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Key Segments:
By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Diagnostic Centres
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- MEA
By Material Type:
- Metal
- Plastic
- Wood
By Energy Source:
- Powered
- Non-Powered (Mechanical)
By Product Type:
- Emergency Carts
- Procedure/Treatment Carts
- Anaesthesia Carts
- Medical Computer Carts
- Others
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