North America Medical Cart Solutions Market to Grow at a CAGR of 4.7%, Projected to Reach USD 3,750.98 Million by 2034

North America's Medical Cart Solutions Market
North America’s Medical Cart Solutions Market

The medical cart solutions market in North America is anticipated to witness steady growth over the next decade, with its market size projected to increase from USD 2,255.10 million in 2023 to USD 3,750.98 million by 2034, registering a CAGR of 4.7%.

A Detailed Full Report – https://www.futuremarketinsights.com/reports/north-america-medical-carts-market

Key Market Drivers:

  1. Rising Healthcare Digitalization: Increasing adoption of electronic health records (EHRs) and digital tools in healthcare facilities is driving the demand for advanced medical cart solutions.
  2. Surge in Point-of-Care Services: The growing emphasis on delivering care closer to patients has increased the deployment of mobile medical carts, facilitating real-time diagnostics and treatment.
  3. Focus on Workflow Optimization: Hospitals and clinics are prioritizing solutions that enhance operational efficiency and reduce clinician workload, with medical carts playing a pivotal role.
  4. Increased Focus on Patient Safety: Advanced medical carts equipped with secure medication dispensing and patient monitoring features are becoming essential for minimizing errors and improving outcomes.

Market Challenges:

  1. High Initial Costs: The upfront cost of technologically advanced medical carts may deter adoption among smaller healthcare providers.
  2. Integration Complexities: Challenges in integrating medical carts with existing healthcare IT systems could slow implementation in certain facilities.

Emerging Trends:

  • Ergonomic Innovations: Manufacturers are focusing on improving the design of medical carts to enhance usability and reduce strain on healthcare workers.
  • Integration of IoT and AI: Smart medical carts with IoT connectivity and AI capabilities are gaining traction, enabling better resource management and predictive analytics.
  • Battery-Powered Solutions: The demand for long-lasting, portable power solutions is on the rise to ensure uninterrupted use of medical carts in busy healthcare settings.

New Trends Spotted in North America

  • InterMetro Industries Corporation and Ergotron, Inc. are launching powered medical carts to streamline the work of nursing facility staff. Nurses especially opt for these mobile medical carts as they are vulnerable to developing musculoskeletal disorders.
  • Omnicell Inc. develops medication workstations to elevate supply and medication automation management.
  • Ergotron Inc. provides an extensive range of powered medical carts with features that are easy to maneuver and ergonomic. This technological shift to powered medical carts is expected to set the tone for the industry over the forecast period.

Key Developments in the Medical Carts by Key Players Operating in North America:

  • Atlas, in June 2022, revealed that it is expanding its Cameo telehealth cart line to meet the surging demand and uptake of telehealth solutions in healthcare facilities. The latest Cameo-built tablet carts offer elevated virtual interactions like physician rounding, teleconsultations, and translation services. This expansion is expected to accelerate the demand for the company’s products and assist in boosting the company’s growth.
  • Wolters Kluwer, a United States-based information services firm, reported in December 2022 that it is launching Simplifi+ Compliance Suite to support consistent, more precise medication tray management and safe emergency cart restocking. The new launch standardizes and automates emergency cart medication tray management.
  • Altus Industries Inc., a United States-based manufacturer of technology workstations, announced in June 2022 that it is extending its product line by foraying into the telehealth carts category as demand for telehealth solutions is on the rise. The company has introduced a rolling cart that carries a monitor or a tablet to execute virtual visits. The cart’s design can accommodate several accessories like baskets and wipe containers. The tablet feature also contains a tablet lock to keep the charging cable intact.
  • Capsa Healthcare, which is a United States-based healthcare delivery solutions company, launched Trio Mobile Computing workstations in August 2020. Trio is the company’s latest-generation point-of-care platform to facilitate medication management and mobilize e-health records.
  • Holo Industries LLC, which is a United States-based technology manufacturing firm, revealed in July 2022 the release of the transformative HoloMed series of holographic inserts for patient monitors, medical carts, and other products that shield hospital staff and patients by virtually eliminating touch points and surface contact, thus lowering the transmission of healthcare-related microbial infections. The cart utilizes a holographic touch that confirms mid-air interaction without special glasses, lighting, or headgear.

Key Providers of Medical Carts in North America

  • Herman Miller, Inc.
  • Omnicell, Inc.
  • The Harloff Company
  • Capsa Healthcare
  • Medline Industries, Inc.
  • Armstrong Medical Industries, Inc.
  • Waterloo Healthcare
  • Ergotron, Inc.
  • TouchPoint Medical
  • AFC Industries Inc.
  • Midmark Corporation
  • Hill-Rom Holdings, Inc.

Key Segments in of North America Medical Cart Industry

By End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Diagnostic Centres
  • Others

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

By Country:

  • The United States
  • Canada

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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