Medical Computer Carts Market - Global Industry Analysis

Medical Computer Carts Market (Powered Cart And Non-Powered Cart): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2020 – 2028

Published Date: 23-Jul-2021 Category: Medical Device Report Format : PDF Pages: 123 Report Code: ZMR-115 Status : Published

The Global Medical Computer Carts Market was accounted for USD 768.1 Million in 2020 and is expected to reach USD 1794 Million by 2028, growing at a CAGR of around 10.9% between 2021 and 2028.

Description

Medical Computer Carts Market: Overview     

The Global Medical Computer Carts Market accounted for USD 768.1 Million in 2020 and is expected to reach USD 1794 Million by 2028, growing at a CAGR of around 10.9% between 2021 and 2028.    

Medical computer carts are needed in healthcare facilities to hold out various procedures smoothly. These carts and workstations help in maintaining essential patient information and also provide prompt access to such information, improving the standard and effectiveness of patient care. Factors like the growing adoption of EMR/EHR, integration of IT solutions in healthcare environments, and healthcare organizations’ efforts to reinforce staff productivity and patient care are major drivers for market growth.

COVID-19 Impact Analysis

COVID-19 has affected the worldwide economy mainly by directly distressing the demand and production along with disrupting various markets and provide chains and by its financial impact on firms and financial markets. The healthcare sector is struggling to curb the pandemic owing to the rapid increase in cases, limited resources, and defenselessness of the medical staff to the virus. Thus, to affect the difficulty, governments have enforced social distancing norms, owing to which patients are unable to contact their families and doctors are unable to succeed in bent patients. Hence, vendors during this market are focused on providing carts to healthcare facilities.

Major players in the industry are making efforts to deal with the shortage of hospital equipment, thereby helping maintain clinical workflows during the COVID-19 pandemic.COVID-19 has been found to infect specific sites within the physical body, and hence the demand for medical carts is increasing.

Medical Computer Carts Market: Growth Factors

The global medical computer carts market has observed strong growth within the past few years driven by improved adoption of electronic medical history systems (EMR) in hospitals, diagnostic labs, etc. This high-tech system is employed to gather, store, and display patients’ health information. Medical computer carts offer ergonomic features and workflow solutions to accommodate and reduce the difficult routine tasks related to patient care. The mobile cart allows one computing system to be utilized in many places during a hospital, lab, and clinic, thereby saving space & time, especially in old structures where setup doesn't easily accommodate costly new technology solutions.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview   

Based on medical computer carts, the market can be categorized into powered carts and nonpowered carts. These carts have extra features such as height settings for standing or sitting use. Non-powered carts dominated the market in the past few years. The powered cart segment is expected to gain a significant share of the global market in the next few years led by upgraded battery management technology.

Medical Computer Carts Market: Regional Segment Analysis Preview   

Regionally, North America holds the major share of the medical computer carts market, followed by Europe and the Asia Pacific. However, Latin America and the Asia Pacific hold significant growth potential in the medical computer carts market due to the rise in geriatric population, growing medical tourism, rising prevalence of various disorders, increasing government initiatives for investments in health care, and growing demand for quality health care in this region. Most of the medical computer cart products and services in these regions are driven by developing countries such as Singapore, China, India, Mexico, Brazil, and South Korea.

Medical Computer Carts Market: Key Players & Competitive Landscape

Key players operating in the medical computer carts market include AFC Industries, Ergotron, Rubbermaid Medical Solutions, Altus, Anthro Corporation, Cura Carts, CompuCaddy, Lund Industries, Modern Solid Industrial, GCX Corporation, Enovate Medical, and Scott-Clark Medical.

The global Medical Computer Carts Market is segmented as follows:

By Type

  • Powered  carts
  • Nonpowered cart

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Medical Computer Carts Market , 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Medical Computer Carts Market – Technology Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Powered Cart
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Non powered cart
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: Medical Computer Carts Market – Region Segment Analysis
    • 5.1. Overview
      • 5.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 5.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 5.2. North America
      • 5.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 5.2.5. U.S.
        • 5.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
      • 5.2.6. Canada
        • 5.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
      • 5.2.7. Mexico
        • 5.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
    • 5.3. Europe
      • 5.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 5.3.5. Germany
        • 5.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
      • 5.3.6. France
        • 5.3.6.1. France Market Revenue, By Type, 2016 – 2028
      • 5.3.7. U.K.
        • 5.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
      • 5.3.8. Italy
        • 5.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
      • 5.3.9. Spain
        • 5.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
      • 5.3.10. Rest of Europe
        • 5.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
    • 5.4. Asia Pacific
      • 5.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 5.4.5. China
        • 5.4.5.1. China Market Revenue, By Type, 2016 – 2028
      • 5.4.6. Japan
        • 5.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
      • 5.4.7. India
        • 5.4.7.1. India Market Revenue, By Type, 2016 – 2028
      • 5.4.8. South Korea
        • 5.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
      • 5.4.9. South-East Asia
        • 5.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
      • 5.4.10. Rest of Asia Pacific
        • 5.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
    • 5.5. Latin America
      • 5.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 5.5.5. Brazil
        • 5.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
      • 5.5.6. Argentina
        • 5.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
      • 5.5.7. Rest of Latin America
        • 5.5.7.2. Rest of Latin America Market Revenue, By Type, 2016 – 20285
    • 5.6. The Middle-East and Africa
      • 5.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 5.6.5. GCC Countries
        • 5.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
      • 5.6.6. South Africa
        • 5.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
      • 5.6.7. Rest of Middle-East Africa
        • 5.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
  • Chapter No. 6: Medical Computer Carts Market – Industry Analysis
    • 6.1. Introduction
    • 6.2. Market Drivers
      • 6.2.1. Driving Factor 1 Analysis
      • 6.2.2. Driving Factor 2 Analysis
    • 6.3. Market Restraints
      • 6.3.1. Restraining Factor Analysis
    • 6.4. Market Opportunities
      • 6.4.1. Market Opportunity Analysis
    • 6.5. Porter’s Five Forces Analysis
    • 6.6. PEST Analysis
    • 6.7. Regulatory Landscape
    • 6.8. Technology Landscape
    • 6.9. Regional Market Trends
      • 6.9.1. North America
      • 6.9.2. Europe
      • 6.9.3. Asia Pacific
      • 6.9.4. Latin America
      • 6.9.5. The Middle-East and Africa
    • 6.10. Pricing Analysis
    • 6.11. Value Chain Analysis
    • 6.12. Downstream Buyers
    • 6.13. Distributors/Traders List
  • Chapter No. 7: Competitive Landscape
    • 7.1. Company Market Share Analysis – 2019
      • 7.1.1. Global Medical Computer Carts Market : Company Market Share, 2019
      • 7.1.2. Global Medical Computer Carts Market , Company Market Revenue, 2016 – 2019 (USD Billion)
      • 7.1.3. Global Medical Computer Carts Market , Company Y-o-Y Growth, 2017 – 2028 (%)
      • 7.1.4. Global Medical Computer Carts Market : Radar Determinant Chart, 2019
    • 7.2. Strategic Developments
      • 7.2.1. Acquisitions & Mergers
      • 7.2.2. New Product Launch
      • 7.2.3. Regional Expansion
    • 7.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 8: Company Profiles
    • 8.1. AFC Industries
      • 8.1.1. Company Overview
      • 8.1.2. Key Executives
      • 8.1.3. Product Portfolio
      • 8.1.4. Financial Overview
      • 8.1.5. Operating Business Segments
      • 8.1.6. Business Performance
      • 8.1.7. Recent Developments
    • 8.2. Rubbermaid Medical Sulutions
    • 8.3. Altus
    • 8.4. Anthro Corporation
    • 8.5. Cura Carts
    • 8.6. CompuCaddy
    • 8.7. Lund Industries
    • 8.8. Modern Sulid Industrial
    • 8.9. GCX Corporation
    • 8.10. Enovate Medical
    • 8.11. Scott-Clark Medical
  • Chapter No. 9: Marketing Strategy Analysis
    • 9.1. Marketing Channel
    • 9.2. Direct Marketing
    • 9.3. Indirect Marketing
    • 9.4. Marketing Channel Development Trends
    • 9.5. Economic/Pulitical Environmental Change
  • Chapter No. 10: Research Methodology
    • 10.1. Research Methodology
    • 10.2. Phase I - Secondary Research
    • 10.3. Phase II - Data Modeling
      • 10.3.1. Company Share Analysis Model
      • 10.3.2. Revenue Based Modeling
    • 10.4. Phase III - Primary Research
    • 10.5. Research Limitations
      • 10.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Region
FIG NO. 3. Global Medical Computer Carts Market  Revenue, 2016 – 2028 (USD Billion)
FIG NO. 4. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 5. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 6. Global Medical Computer Carts Market  for Powered Carts, Revenue (USD Billion) 2016 – 2028
FIG NO. 7. Comparative Revenue Analysis of Medical Computer Carts Market  for Powered Carts, By Country, 2020 & 2028
FIG NO. 8. Global Medical Computer Carts Market  for Nonpowered cart, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Medical Computer Carts Market  for Nonpowered cart, By Country, 2020 & 2028
FIG NO. 10. Global Medical Computer Carts Market  Revenue Share, By Region, 2020 & 2028
FIG NO. 11. North America Medical Computer Carts Market  Revenue, 2016 - 2028 (USD Billion)
FIG NO. 12. Porter’s Five Forces Analysis for Global Medical Computer Carts Market 
FIG NO. 13. PEST Analysis for Global Medical Computer Carts Market 
FIG NO. 14. Pricing Analysis for Global Medical Computer Carts Market 
FIG NO. 15. Value Chain Analysis for Global Medical Computer Carts Market 
FIG NO. 16. Company Share Analysis, 2019
FIG NO. 17. Radar Determinant Chart, 2019
FIG NO. 18. Company Strategic Developments – Heat Map Analysis
FIG NO. 19. L-3 Security Detection Systems Business Segment Revenue Share, 2020 (%)
FIG NO. 20. L-3 Security Detection Systems Geographical Segment Revenue Share, 2020 (%)
FIG NO. 21. Market Channels
FIG NO. 22. Marketing Channel Development Trend
FIG NO. 23. Growth in World Gross Product, 2008-2018
FIG NO. 24. Research Methodology – Detailed View
FIG NO. 25. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Medical Computer Carts Market : Snapshot
TABLE NO. 2. Quarterly Medical Computer Carts Market  Revenue by Region, 2020
TABLE NO. 3. Quarterly Medical Computer Carts Market  Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Medical Computer Carts Market  for Powered Cart, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Medical Computer Carts Market  for Non powered cart, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Medical Computer Carts Market  Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. North America Medical Computer Carts Market  Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 10. North America Medical Computer Carts Market  Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 11. U.S. Medical Computer Carts Market  Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 12. Canada Medical Computer Carts Market  Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 13. Mexico Medical Computer Carts Market  Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 14. Drivers for the Medical Computer Carts Market : Impact Analysis
TABLE NO. 15. Restraints for the Medical Computer Carts Market : Impact Analysis
TABLE NO. 16. Major Buyers of Medical Computer Carts
TABLE NO. 17. Distributors/Traders List of Platfrom Carts
TABLE NO. 18. Global Medical Computer Carts Market , Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 19. Global Medical Computer Carts Market , Company Y-o-Y Growth, 2017 – 2028 (USD Billion)

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Medical Computer Carts market. Zion Research has collected and analyzed key data belong to the global Medical Computer Carts market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined afterconducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Medical Computer Carts across the world has been calculated through primary and secondary research.

Zion Research employs combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include, STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assistedin validation of findings from secondary research and to understand key trends in the Medical Computer Carts industry. Primary research makes up major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Medical Computer Carts market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

A medical computer cart is an advance technology used in hospitals that increase the convenience of nurses and other healthcare professionals. These carts are used in wide range of applications such as charting and EMR, medication dispensing, and nursing education. Mobile computer carts are available with or without on-board power systems. Powered cart and non powered cart are the types of medical computer carts. It possesses different features like adjustable height and setting for standing or sitting use.

The medical computer carts market is primarily driven by increased adoption of electronic medical record (EMR). Electronic medical record (EMR) is used to collect, store and display patient health information. Therefore this development in health information technology simultaneously increases the demand of medical computer carts. However, the high cost of technologically advanced medical computer carts and lack of skilled professionals are some major restraint that may hinder the growth of the medical computer carts market. Even so, the increase in remote monitoring of patients due to advancement in technology may open up the alluring growth opportunities for the medical computer carts market within the forecast period.

Global Medical Computer Carts Market

Powered cart and the non powered cart is the type segment of the global medical computer carts market. Among these, the non-powered medical cart was the largest segment in terms of revenue and expected to continue its dominance in coming years due to its easy availability and low cost. Non-powered medical cart accounted for more than 55% share of the global market. In addition, due to the improved battery management technology, powered medical computer carts market is expected to grow substantially in the coming years.

North America was the leading region in the global market of medical computer carts and accounted for significant share of the total market in 2015 due to a large number of hospitals in the region. Europe and the Middle East & Africa (EMEA) was also a lucrative regional market for medical computer carts. Asia Pacific is anticipated to experience promising growth in the medical computer carts market in the coming years.

AFC Industries, Ergotron, Rubbermaid Medical Solutions, Altus, Anthro Corporation, Cura Carts, CompuCaddy, Lund Industries, Modern Solid Industrial, GCX Corporation, Enovate(stinger) and Scott-Clark medical are some of the key vendors in the market.

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FrequentlyAsked Questions

The global Medical Computer Carts Market was valued at USD 768.1 million in 2020.

The global Medical Computer Carts Market is expected to reach USD 1794.4 million by 2028, growing at a CAGR of 10.9% between 2021 to 2028.

Increasing adoption of electronic medical records and increasing incidences of musculoskeletal injury and technological advancement are some of the major factors driving the growth of the global medical carts market. However, increasing price competition among manufacturers is hindering the growth of this market.

North America region held a substantial share of the Medical Computer Carts Market in 2020.

Key players operating in the medical computer carts market include AFC Industries, Ergotron, Rubbermaid Medical Solutions, Altus, Anthro Corporation, Cura Carts, CompuCaddy, Lund Industries, Modern Solid Industrial, GCX Corporation, Enovate Medical, and Scott-Clark Medical.

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