Medical Carts Market details will be valued at US$ 597.3 Mn by 2027

Medical Carts Market details will be valued at US$ 597.3 Mn by 2027

The North America medical carts market is expected to increase at a y-o-y growth rate of over 11.2% and reach US$ 597.3 Mn in revenues in 2017. The U.S. occupies significant market share and collectively accounts for nearly 90.7% revenue share of the market in 2017. Medical computer carts are widely adopted as it reduces the medication error and contributes to patient safety are favouring the growth of the market over the forecast period. Cost-effective and economically designed medical carts are further boosting the growth of the medical carts market. Product launches by various companies and technology advancements in North America is projected to play an important role in driving growth of medical carts market. However, safety issues with medical carts, availability of advanced products will continue to pose challenges for growth of the market

Report For Report Sample with Table of [email protected] https://www.researchreportinsights.com/report/sample/110114819/Medical-Carts-Market

The global medical carts market is expected to increase at a CAGR of 15.1% in terms of revenues during the forecast period 2026. The U.S. will continue to be the lead the market during the forecast period . On the basis of product type, computer medical carts is projected to outsell other product types. The computer medical carts is expected to surpass US$ 187.3 Mn in revenues in 2017, up from nearly US$ 169.8 Mn in 2016. The growth of the computer medical carts market is mainly attributed to integration of information technology in healthcare.

Medical carts that are made up of metal will have major market share followed by plastic and wood. Owing to its physical properties such as strength and enhanced corrosion resistance properties are expected to boost the market over the forecast period.

Non-powered segment will remain the largest segment by energy source, accounting for over 68.6% revenue share of the market in 2017. Powered segment is expected to grow with a high CAGR of 12.6% globally due to technological innovations.

Request For Report [email protected] https://www.researchreportinsights.com/report/discount/110114819/Medical-Carts-Market

North America Medical Carts Market Revenues to Grow by Over 11.2% in 2017 to Reach US$ 597.3 Mn in Revenues: RRI Report

Hospitals will remain the prominent end-users of the global medical carts, followed by diagnostic centers. Increase in hospitalisation and rise in aging population is expected to dominate the market over the forecast period. Favorable government policies and increase in medicare expenditure in both ambulatory surgical centers and hospitals will continue to have a positive impact on medical carts market in the U.S. market. The demand for medical carts in Canada market is expected to grow with a CAGR of 10.1% during the forecast period.

Key Players:

Herman Miller, Inc., Omnicell, Inc., The Harloff Company, Capsa Solutions LLC, Medline Industries, Inc., Armstrong Medical Industries, Inc., Waterloo Healthcare, Ergotron, Inc., TouchPoint Medical and AFC industries Inc, .Medline Industries, Inc., and Omnicell, Inc., are involved in acqusitions and collaborations with distributors to expand their product reach. Recently, TouchPoint Medical, started new business platform for mobile computing medical carts and automated dispensing medicine units.

Report [email protected] https://www.researchreportinsights.com/report/rd/110114819/Medical-Carts-Market

About Us:

Research Report Insights (RRI) is a leading market intelligence and consulting firm. We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalised in nature. RRI delivers a complete packaged solution to clients; this combines current market intelligence, technology inputs, statistical anecdotes, valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends.

Our research services cover global as well as regional emerging markets such as BRICS, GCC, and ASEAN. Our offerings cover a broad spectrum of verticals which include Oil and Gas, Chemicals, Materials, Energy, Technology, Automotive, and Retail. The operating model of RRI blends cross-disciplinary research experience to deploy insightful, in-depth, and actionable research.

Contact Us:

Research Report Insights

42 joseph street,

Portcarling P0B 1J0,

Muskoka, Ontario

T: +1-631-721-4201

Email: [email protected]

Web Site: http://www.researchreportinsights.com

Categories
Health And Fitness
No Comment

Leave a Reply

*

*