Medical Carts and Workstations Market by Product, and End User - Global Forecast to 2029
Bharat Book Bureau Provides the Trending Market Research Report on “Medical Carts and Workstations Market by Product [Mobile Computer Carts (Telemedicine, Powered, Documentation), Specialized Carts (Anesthesia, Emergency), Medication Carts, Wall Arm, Medical Storage Cabinet] and End User - Global Forecast to 2029” under the Life Sciences Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
Medical Carts and Workstations Market by Product [Mobile Computer Carts (Telemedicine, Powered, Documentation), Medical Carts, Medication Carts, Wall Arm, and Medical Storage Cabinet], End User [Hospital, LTC, Clinics], and Geography - Forecast to 2029
The Medical Carts and Workstations Market is expected to grow at a CAGR of 14.2% during the forecast period 2022–2029 to reach $11.48 billion by 2029.
With extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out the key industry drivers, restraints, challenges, and opportunities. Integration of IT solutions in the healthcare and adoption of EMR/EHR, striving to enhance patient care, safety, and staff productivity are the main driving factors. However, factors such as the high cost of carts or workstations, lack of skilled professions, and maneuvering high workstations are the challenging factors restraining the growth of this market to a certain extent. Furthermore, factors such as a huge untapped market and the adoption of changing ergonomics and advanced designs for carts/workstations offer significant growth opportunities for the market players during the forecast period.
Based on product, the mobile computing carts/workstations segment is estimated to account for the largest share of this market in 2022. The large market share of this segment is attributed to the technological developments made in carts like powered carts having battery-operated systems consisting of a lithium iron phosphate battery or telemedicine carts for efficient workflow, the inbuilt software which helps in fleet management, and advanced ergonomic designs. Furthermore, the outbreak of COVID-19 disease resulted in the growth of telemedicine carts due to social distancing & primary precautions to be followed during the pandemic.
Based on end user, hospitals are widely adopting medical carts & workstations as they help the staff by facilitating recording, storing, and dispensing equipment, supplies, and patient information. Therefore, the hospitals segment is estimated to hold the largest share of the medical carts and workstations market in 2022. Moreover, the carts/workstations comprise compartments, a set of drawers, trays, and sanitizer holders, which are useful in hospital and medical settings. The increasing number of outpatients for infectious diseases like the recent outbreak of coronavirus disease, increasing hospital expenditures, growing technological advancement, and use of telemedicine in hospitals drive the growth of this market for the hospitals segment.
An in-depth analysis of the geographical scenario of the medical carts and workstations market provides detailed qualitative and quantitative insights about the five major geographies - North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, along with the coverage of major countries in each region. North America is estimated to command the largest share of the medical carts and workstations market in 2022, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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