Market Trends of Medical Carts Industry
This section covers the major market trends shaping the Medical Carts Market according to our research experts:
The Emergency Carts Segment is Expected to Hold Significant Share in the Market Over the Forecast Period
The emergency carts segment is expected to account for the largest market share over the forecast period. This dominance is due to the presence of several emergency care units and the use of these carts in emergency rooms. These carts are equipped with medical devices, supplies, or drugs for emergencies such as ischemic stroke and severe injuries with profuse bleeding.
For instance, according to the Instituto Nationale di Statistics data published in July 2022, 204,728 people were injured in road accidents in Italy, and 151,875 road accidents occurred in 2021. This data shows a requirement for the readiness of the emergency department, where emergency carts play a vital role.
Technological advancements in the segment, such as decreased weight, enhanced mobility, and improved ergonomics, increased healthcare providers' preference for these medical carts and workstations. For instance, in November 2021, Godrej Interior Healthcare launched its range of medical trolleys, AGILO medical carts, and emergency/crash carts. These emergency /crash carts are ideal for emergency rooms such as intensive care units, casualty/trauma centers, outpatient surgery centers, and operation theaters.
Thus, the factors such as a rise in accident and trauma cases are expected to contribute to the growth of the studied segment over the forecast period.
North America is Expected to Dominate the Market, and it is Expected to do the Same Over the Forecast Period
North America is expected to hold a significant share of the overall medical carts market throughout the forecast period. Increased public and private healthcare expenditures, as well as a rise in adaptation of surgeries, are driving the overall growth of the medical carts market in this region. Furthermore, the market growth is expected to be fueled by an increase in the prevalence of diseases and injuries in this region.
According to the United States Bureau of Labor Statistics data published in January 2022, employers reported 2.6 million injury and illness cases in private industry. The same source also mentioned that injury cases increased by 6.3% to 2.2 million in 2021. Such injuries are expected to drive the demand for medical carts for assistance, thereby contributing to the growth of the market in this region.
Similarly, the American Hospital Association (AHA) statistics published in 2022, show that the total number of active hospitals in the United States is 6,093 in 2022. Thus, a steep rise in the volume of hospitals and increasing hospital admissions drives higher demand for medical carts, thereby boosting the studied market growth in the country.
Also, the increasing product launches are expected to contribute to the growth of the market in this region. For instance, in November 2021, GAMA Healthcare launched the Rediroom internationally across the Americas. Rediroom is a mobile cart, which expands into a HEPA air-filtered isolation room with a hands-free entry in five minutes and provides better isolation capacity and flexibility.
Therefore, the increasing number of hospitals, rise in injury cases and frequent product launches are expected to contribute to the growth of the market over the forecast period in this region.
