PUBLISHER: The Business Research Company | PRODUCT CODE: 1650592
PUBLISHER: The Business Research Company | PRODUCT CODE: 1650592
A medical cart is a portable piece of equipment typically configured with drawers, colors, locking mechanisms, and other features to assist in storing and organizing materials and equipment used in various medical operations. Medical carts are widely used in hospitals to aid medical professionals in transporting necessary medical supplies via trolleys.
The main types of medical carts include emergency carts, anesthesia carts, procedure carts, telemedicine carts, and other variations. Emergency carts are designed primarily for cardiac pulmonary resuscitation and emergency conditions in all hospital units. Medical carts can be constructed from various materials such as metal, plastic, and others. These carts find applications in hospitals, physician offices, and other healthcare settings.
The medical carts market research report is one of a series of new reports from The Business Research Company that provides medical carts market statistics, including medical carts industry global market size, regional shares, competitors with a medical carts market share, detailed medical carts market segments, market trends and opportunities, and any further data you may need to thrive in the medical carts industry. This medical carts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The medical carts market size has grown rapidly in recent years. It will grow from $2.67 billion in 2024 to $3.03 billion in 2025 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to rise of electronic health records (ehr), patient-centric care, hospital modernization, healthcare regulations, aging population,.
The medical carts market size is expected to see rapid growth in the next few years. It will grow to $5.45 billion in 2029 at a compound annual growth rate (CAGR) of 15.8%. The growth in the forecast period can be attributed to green and sustainable design, emergency preparedness, point-of-care testing, customization for specialty care, interoperability standards. Major trends in the forecast period include internet of things (iot)-enabled medical carts, artificial intelligence (ai)-assisted care, green and sustainable design, artificial intelligence (ai)-based inventory management, remote patient monitoring.
The anticipated increase in the adoption of electronic health records (EHR) is poised to drive the growth of the medical cart market in the future. An electronic health record (EHR) serves as a digital repository of a patient's medical history, providing real-time updates. Medical carts equipped with batteries offer healthcare professionals enhanced accessibility to EHR, as these carts can accompany them. According to Health IT, an organization representing various hospitals and healthcare networks in the United States, nearly 88% of U.S. office-based physicians had adopted any EHR, and approximately 78% had embraced a certified EHR in 2021. Thus, the rising adoption of electronic health records is a significant factor propelling the growth of the medical cart market.
The increasing prevalence of chronic diseases is expected to be a driving force behind the growth of the medical carts market. Chronic diseases, characterized by lasting a year or longer and requiring ongoing medical care, significantly impact daily activities. Medical carts play a crucial role in chronic disease management by providing healthcare professionals with mobile access to essential medications, equipment, and patient records. This facilitates efficient care delivery, improving patient outcomes and comfort. The National Center for Biotechnology Information (NCBI) projects that by 2050, the number of individuals aged 50 years and older with at least one chronic illness will rise by 99.5%, reaching 142.66 million. Thus, the increasing prevalence of chronic diseases is a key factor driving the growth of the medical carts market.
Product innovation is a significant trend gaining traction in the medical carts market. Leading companies in this sector are focusing on developing new products to enhance their market position. For example, in March 2024, Ultralife Corporation, a US-based company that designs, manufactures, and maintains power and communications systems, partnered with Karta, a US-based cart manufacturer, to launch a cart and power solution. These innovative carts are capable of powering laptops, all-in-one systems, and mini PCs used in hospitals and other medical environments. The cart features adjustable height settings and high-quality casters for smooth mobility, as well as a variety of customizable accessories to accommodate different clinical workflows.
Major companies in the medical carts market are intensifying their efforts to introduce mobile medical carts in order to gain a competitive advantage. A mobile medical cart is a portable, typically wheeled trolley designed for use in healthcare environments. For example, in July 2022, Holo Industries, a US-based technology company, launched the HoloMed Medical Carts. These carts protect patients and hospital staff by reducing surface contact and minimizing touchpoints, thereby significantly lowering the risk of transmitting healthcare-associated infections (HAIs).
In October 2022, Azenta Inc., a US-based life sciences company, acquired B Medical Systems and its subsidiaries for around $449 million (€410 million). This acquisition enhances Azenta's cold chain capabilities by adding specialized solutions for the reliable and traceable transport of temperature-sensitive specimens, thereby establishing a robust market position in the vaccine cold chain. B Medical Systems is a Luxembourg-based manufacturer of medical carts.
Major companies operating in the medical carts market include ITD GmbH, Advantech Co. Ltd., Harloff Manufacturing Co. Inc., AFC Industries Inc., Midmark Corporation, Capsa Healthcare LLC, Bergmann Group GmbH & Co. KG, Onyx Healthcare Inc., InterMetro Industries Corporation Inc., Waterloo Healthcare Inc., Ergotron Inc., Jaco Inc., Enovate Medical LLC, TouchPoint Medical Inc., Merino International Group LLC, Lakeside Manufacturing Inc., BiHealthcare Inc., Scott-Clark Medical Inc., Medstor Systems USA LLC, Hergo Ergonomic Support Systems Inc., Cardinal Scale Manufacturing Company, Capsa Solutions LLC, Omnicell Inc., Mid Central Medical, Medline Industries LP, Altus Inc, Armstrong Medical Industries, Inc., Modern Medical Equipment Mfg. Ltd., Omnimed Inc., Pedigo Products Inc.
North America was the largest region in the medical carts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical carts market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the medical carts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The medical cart market consists of sales of isolation/infection control carts, medical cart accessories, medical computer carts, medication carts, MRI medical carts and pediatric emergency medical carts. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Medical Carts Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on medical carts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for medical carts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The medical carts market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.