Global Medical Carts Industry Size, Current Trends, Growth and Industry Forecast 2019-2023

On the account of increasing number of people being hospitalised in the world, medical organisations and hospitals are compelled to facilitate medical services at rampant pace. Dispensing the necessary medical supplies plays an instrumental role in helping nurses and doctors perform a surgery or treatment operation, successively. Medical carts are such equipment that can bring ease to the workflow of transporting medical supplies and surgical tools within a hospital. These carts are trolleys mounted with trays, drawers, shelves or an entire cabinet. A medical cart continues to be a carrier of instruments in multiple surgical operations across all hospitals in the world, and incidentally aids the health of patients through quick disposal of tools and medical devices during the course of a medical operation.

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The global Medical Carts market was estimated at USD$ 571.48 million in 2016, and is anticipated to reach USD$ 1002.65 million by 2021, expanding at a CAGR of 11.9% between 2017 and 2021. The medical cart market is segmented based on type into anesthesia, emergency, procedure, and other carts. Based on region, medical carts market is divided into North America, Europe, Asia-Pacific, and others.

The Non-powered (mechanical) energy source segment dominated the North America medical carts market in terms of revenue in 2017 and is likely to retain its dominance throughout the forecast period. The Non-powered (mechanical) segment is also the most attractive segment, with an attractiveness index of 1.2 over the forecast period. This segment is estimated to hold a little over 68% revenue share of the North America medical carts market in 2017; however, there is an anticipated drop to the tune of 432 basis points in market share by 2027.

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Medical Carts Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
The report firstly introduced the Medical Carts basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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