Medical carts Market Expansion to be Persistent During 2018 – 2026Posted by rushi007 on September 18th, 2019 Medical carts are defined as a trolley used to carry all the medical equipment while operating or treating patients. It holds cabinets with drawers and trays, which are used for various procedures such as surgical, medical, and therapeutic modalities. These carts are widely used in hospitals, clinics, and others for keeping drugs, equipment, medical tools, and medical devices. These carts save valuable time and efforts of healthcare professionals involved in repetitive rounds for medication planning and tedious patient data recording through easy treatment plan and medication management. Download PDF Brochure Of This Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/2171 Market Dynamics Rising cases of various medical emergencies, trauma, and other chronic and acute diseases are increasing the number of patients’ visit in hospitals and eventually driving growth of the Medical Carts Market size. Increasing number of trauma associated with road accidents and other causes is expected to propel demand for emergency medical carts. For instance, according to Global Burden of Disease report published by Lancet in 2015, road injuries is one of the leading cause amongst 20 causes of disease burden worldwide. Increasing Application of Medical Carts in Hospitals is expected to drive the Medical Carts Market Revenue Medical cart is majorly used at hospitals as it can provide clinicians with significant workflow benefits. Increasing adoption of electronic health record (EHR) coupled with demand for real-time electronic data access and entry at the patients’ bedside are the other important factors, which are expected to drive growth of the medical carts market. Mobile medical carts provide means to transport sophisticated videoconferencing equipment to the patients’ bedside, allowing physicians to conduct thorough examinations remotely. Moreover, medical carts provide a convenient way to bring computer-based patient education program (such as videos, games, and reference material) to bedside. Therefore, technological advancements in mobile carts can meet the needs of multiple applications, and further aid healthcare facilities, patients, and clinicians. Medical Cart Market - Restraints Stringent government regulation and technological limitations in developing new carts can hamper growth of the medical carts market during the forecast period. Medical carts device falls under International Electrotechnical Commission (IEC) 60601-1 risk management testing and therefore, should be tested thoroughly to meet all FDA regulations. In December 2016, FDA notified healthcare providers across the U.S. that their mobile medical carts may be a fire hazard. Lithium and lead acid batteries used in crash carts, medication dispensing carts, and other carts used for point-of-care services, barcode scanning, and patient monitoring can overheat, produce dangerous smoke, catch fire or even explode. Therefore, manufacturers are required to meet all the FDA norms and policies before launching or marketing new products. These factors might be a restrain in growth of the medical carts market. Medical Cart Market - Regional Insights On the basis of region, the global medical cart market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In 2026, North America is expected to hold the dominant position in the global medical cart market, owing to its developed medical facilities in comparison to emerging economies and high presence of industry manufacturers generating major revenue. Asia Pacific medical carts market is expected to increase at the highest CAGR during the forecast period. Key market players are focusing on developing cost-effective devices with improved efficiency in order to enter the market, eventually driving growth of the regional medical cart market revenue. Moreover, increasing burden of medical emergency, trauma, and other diseases on hospitals is also an important factor impacting growth of the market. For instance, according to the WHO 2018 report, over 100,000 people in India suffer from burns every year, while burns are the second most common injury in Nepal accounting for 5% of disabilities. Request For Customization of Research Report @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/2171 Medical Carts Market - Competitive Landscape Key players operating in the global medical cart market include AFC Industries, Advantech Co., Ltd., Alphatron, Enovate Medical, Ergotron, Inc., Harloff Manufacturing Co., JACO, Inc., Medline Industries, Inc., and Scott-Clark Medical. Manufacturers are focusing on designing medical carts with precision to ensure efficiency and convenience. Some industry players provide customized medical carts depending on the organization’s needs. About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Like it? Share it! More by this author |