Global Medical Carts Market Outlook:
Medical Carts Market size was valued at USD 2.6 billion in 2024 and is estimated to reach USD 7.9 billion by the end of 2037, exhibiting a CAGR of 11.4% during the forecast period, i.e., 2025-2034. In 2025, the industry size of medical carts is assessed at USD 2.9 billion.
Key Medical Carts Market Insights Summary
The medical carts market in the Asia Pacific region is projected to capture the highest revenue share by the end of 2037.
The procedure carts segment is anticipated to generate the largest revenue by 2037.
Continued demand for efficient clinical workflow is expected to drive growth in the procedure carts segment within the medical carts market.
Key Growth Trends
- Easy Availability of Critical Medical Supplies
- Increasing Adoption of ERP to prevent Medical Errors
Key Players
InterMetro Industries Corporation, Harloff Company, Armstrong Medical Ltd, Capsa Solutions LLC.,ITD GmbH, Midmark Corporation, The Bergmann Group, Lakeside Manufacturing, Inc., Cardinal Scale, Merino International
Market Size and Growth Projections
- 2024 Market Size: USD 3.48 billion
- 2025 Market Size: USD 3.95 billion
- Projected Market Size: USD 15.22 billion by 2034
- Growth Forecasts: 15.9% CAGR (2025-2034)
- Largest Region: Asia Pacific
- Fastest Growing Region: North America
Digital integration in the hospitalization process and regulatory push is considered to be the most relevant factors to expand the demand for medical carts in the global market. Over 36.7 million admissions are conducted in U.S. hospitals, which raises the demand for medication, anesthesia, and many other services. Technological integration, like IoT-assisted smart carts, AI-assisted inventory tracker, and many more, leverages the hospital management procurement. According to the Food and Drug Administration mandate, in 2024, medication safety is to be elevated through the decentralization of medical storage. Elevation of hospital infrastructure is encouraged through higher government spending. For instance, over USD 1.9 billion is allocated by the National Institute of Health in 2024 for advancement in hospital infrastructure.
The primary raw material required for the manufacturing of hospital carts includes stainless steel, which is mainly exported by China. Based on the information from the U.S. Bureau of Statistics, the Producer Price Index rose by 6.9% and the Consumer Price Index increased by 5.4% in 2024. Import of medical carts as per the global trade data elevated by 9.4% in 2023. Reduction of appraisal time is ensured through the FDA pre-certification program, which led to a reduction of appraisal time by 32% in IoT carts.
Medical Carts Market Growth Drivers and Challenges:
Growth Drivers
- Advancement in technology: Innovation and elevation of product performance based on technological integration expand the adoption rate in the market. Smart performance within the medical cart is incorporated based on AI assistance, IoT, and many more. FDA delivered clearance for the AI-assisted cart that proved to streamline the nursing operation by over 38.6%. Smart handling ensures smooth nursing functioning and enhanced productivity, which enhances the healthcare facility. As per the EU Medical Device Regulation, wireless emergency carts are approved, which led to the introduction of over 52 models of smart medical carts in 2024. Monitoring the inventory status and providing real-time updates on the components in the medical cart reduces the scope of fatal errors in the medication process.
- Initiative for better healthcare facilities: Sustainability aspects and resource optimization to leverage the healthcare facility is the current trend in the global market. An automated medication cart is evaluated to reduce the dispensing error by 30%. Eradicating the error delivers a resource optimization approach in healthcare and saves over USD 400.7 million each year in hospital expenses. The Joint Commission introduced a mandatory implementation of barcode scanning facilities in medical carts within all the hospitals of the U.S. by 2025. Regulatory push has pushed the market for advanced medical carts. Proper monitoring and maintaining the health and safety of the healthcare activity is ensured through the smart medical cart that boosts the hospital services and their performance in the competitive healthcare market.
Manufacturing Strategies to Ensure Medical Carts Market Expansion
Expansion of business and elevating the revenue accumulation rate by the manufacturer in the competitive market is ensured through three key strategies. IoT integration, modular designing, and localization in emerging markets. Omnicell followed the strategy of product innovation and launched the XT Series automated carts. This ensured the business gained over 10% of the U.S. market share and gained incremental revenue of more than USD 200.4 million in 2023. Whereas Harloff focused on the reduction of error within the medication process and collaborated with Epic Systems to launch the advanced product. As per the EU medical database, 24% of the medical errors were reduced, and Harloff secured over USD 145 million in EU contracts.
The following table denotes revenue opportunities for manufacturers:
|
Company |
Strategy Implemented |
Projected Revenue Impact (USD) |
Implementation Year |
|
Omnicell |
Introduction of IoT-enabled medication carts |
3.3 billion |
2023 |
|
Harloff |
Switch to Low-cost anesthesia carts |
1.9 billion |
2024 |
|
Ergotron |
Investment in Modular emergency carts |
952 million |
2023 |
|
Medline |
Investment in Disposable procedure carts |
610 million |
2024 |
Key Market Dynamics for Historical Growth
The global medical cart market experienced steady growth due to the rise of the sustainable healthcare trend during the period from 2010 to 2020. The rise of an aging population and a higher rate of surgical operations elevated the demand for medical carts in the global market. Three market conditions that resulted in market growth include the standardization of the medical cart types, technological integration, and aligning with the regulatory framework directed the market to accelerate its growth. Market propelled in the U.S. through integration of medical cart with HER regulatory mandates under the HITECH Act. The Asia Pacific market experienced robust investment to elevate the healthcare infrastructure, resulting in a demand pull for medical carts. Apart from that rising number of patients in Asia Pacific, specifically in India, Japan, and China, created a significant necessity for medical carts.
The following table denotes historical patient growth in the past ten years across different countries:
|
Country |
2010 Procedures (millions) |
2020 Procedures (millions) |
CAGR (%) |
|
U.S. |
35.3 |
38.9 |
1.1% |
|
Germany |
19.4 |
21.7 |
1.6% |
|
France |
12.7 |
14.4 |
1.5% |
|
Spain |
4.9 |
5.7 |
1.8% |
|
Australia |
7.3 |
8.8 |
1.9% |
|
Japan |
13.7 |
16.2 |
2% |
|
India |
26.6 |
35.9 |
3.3% |
|
China |
48.8 |
72.5 |
4.3% |
Challenge
Security constraints: Availability of funds and a proper security system to ensure the safety standard of the smart medical cart is at a vulnerable stage. Infection control ability and data security are the two relevant aspects in the medical cart that appear to be major barriers in terms of safety and security. Availability of funds to upgrade the medical cart with antimicrobial-coated carts is limited. According to the study of the Center for Disease Prevention and Control addressed more than 28% of he hospitals are facing the barrier to providing antimicrobial-coated carts and ensuring infection control standards. On the other hand, according to the FDA, approximately 6 cart models faced hacking vulnerabilities that create a threat of loss of private data of healthcare through the smart medical cart.
Medical Carts Market Size and Forecast:
| Report Attribute | Details |
|---|---|
|
Base Year |
2024 |
|
Forecast Year |
2025-2034 |
|
CAGR |
11.4% |
|
Base Year Market Size (2024) |
USD 2.6 billion |
|
Forecast Year Market Size (2034) |
USD 7.9 billion |
|
Regional Scope |
|
Medical Carts Market Segmentation:
Material Type Segment Analysis
In terms of elements, the metal carts are leading performed in medical cart market and are anticipated to gain a share of 42.3% by 2037. Long-term durability is the potential factor, and high ability of the infection control in medication carts, and elevated demand in the concerned market. Stainless steel is examined to deliver better protection against infection and maintain hygiene and sterility factors in hospital settings. Natural anti-microbial factors reduce the cost of hospitals to elevate their infection safety standards. Modular design is easily applicable in the metal medical cart that resulting in higher adoption of it in the global market.
Product Type Segment Analysis
Based on product type, the medication cart segment is dominant in the global market and is expected to achieve a market share of 38.4% by 2037. According to the report published by the Agency for Healthcare Research and Quality, a reduction of medical errors by 30% is addressed in medication carts. Adaption rate is leveraged on the market with the strengthening of the decentralized medication storage regulation of the FDA.
Our in-depth analysis of the medical carts market includes the following segments:
|
Segment |
Subsegment |
|
Product Type |
|
|
Material Type |
|
|
End user |
|
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Customize this ReportMedical Carts Market Regional Analysis:
North America Market Insights
The medical carts market in North America is poised to rise with a market share accumulation of 40.4% by 2037. The addressed region is dominating within the global medical carts market because of the regulatory leadership and technological adoption. Regulatory mandates like mandatory implementation of barcode scanning carts, as per the Centers for Disease Control and Prevention, directed hospitals to align with the compliance-driven market. Approval of the new product is faster in comparison to the other regions. Comparative analysis addressed that the FDA’s clearance process is approximately 31% faster than the EU MDR. This results in quick adoption of smart medical carts and elevates the healthcare infrastructure in ensured it in North America. Government spending for advanced healthcare expanded, which encouraged market demand for technologically integrated medical carts.
The medical carts market of the U.S. is anticipated to hold a regional market share of 40.7% by 2037. According to the EHS integration mandates, over 92% of the hospitals in the U.S. adopted barcode-scanning medical carts in 2025. Allocation of over USD 790 million is ensured for IoT cart deployment in the majority of the hospitals in the U.S. The government support and regulatory push created a significant demand for medical carts. Apart from that reduction of error by 30% enhanced the healthcare qualities that positively impact the patient trust. Domestic manufacturing is focused in the U.S. to control the cost of production. An increase in tariff rate on steel imported from China by 24.5% directed the market to boost their domestic productivity of raw material, which helped to offer products at an affordable price range and create high demand.
Asia Pacific Market Insights
The Asia Pacific market of medical carts is identified as an emerging region with a market share growth of 22.8% by 2037. Robust investment to elevate the healthcare infrastructure is the most significant growth driver for the market of medical carts market. Development in the rural healthcare infrastructure, for instance, the Ayushman Bharat scheme to fund over 74,000 medical carts, expanded the market in the Asia Pacific region. Demographic switch leads to growth in an aging population that creates an opportunity for a larger patient pool and elevation of healthcare infrastructure. Demand for medical carts boosts with the rise of patient elevation. Local manufacturing is one of the strongest factors of the Asia Pacific that has led the market to flourish at a robust rate. Controlled cost of production allows the market to provide cost-effective products and align with the market needs of Asia Pacific.
China is leading in the medical cart market within Asia Pacific and is poised to accumulate a market share of 12.5% by 2037. As per the report of NMPA, over 1 million medical carts are used in China that possess smart integration. The annual replacement rate of approximately 12% maintains a continuous demand for the product in China. The government invested more than USD 4 billion to leverage healthcare infrastructure and the deployment of smart hospital carts. This resulted in a fast adoption rate of digitally integrated medical carts and led to higher growth of the concerned market.
Key Medical Carts Market Players
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The medical carts market is considered to be highly competitive, which has directed the business to focus on technological integration and strategic market expansion to derive a competitive edge. The key strategies that are followed by the business to elevate their revenue accumulation include regulatory-first approaches, acquisition, and localization. Fujifilm of Japan aligned with the regulatory aspects of PMDA-fast-tracked carts and gained high market shares. A company like Medline followed an acquisition strategy to expand in the global market and acquired a cart software firm in 2023 to innovate its product. The majority of the U.S. firms dominate the global market with holding more than 50% of the global market share. A company like Harloff followed a medical partnership to derive a competitive edge. Becton Dickinson set up their plant in India, which controlled the cost of production up to 42%.
Here is a list of key players operating in the global market:
|
Company Name |
Market Share (2024) |
Industry Focus |
|
Harloff (U.S.) |
12.42% |
medication carts with barcode scanning & EHR integration |
|
Omnicell (U.S.) |
11.3% |
Automated dispensing systems, AI-powered inventory management |
|
Ergotron (U.S.) |
9.5% |
Mobile workstation carts with ergonomic designs |
|
Medline (U.S.) |
8.4% |
Cost-effective procedure carts for ASCs |
|
AFC Industries (Germany) |
7.5% |
Custom stainless-steel carts for EU hospitals |
|
InterMetro (U.S.) |
xx% |
Modular utility carts for pharmacies |
|
Capron (U.S.) |
xx% |
Anesthesia carts with drug security features |
|
Linet (Czech Republic) |
xx% |
Electric-powered ICU & emergency carts |
|
Midmark (U.S.) |
xx% |
Integrated telehealth carts |
|
JACO (U.S.) |
xx% |
Antimicrobial-coated metal carts |
|
Fujifilm (Japan) |
xx% |
Endoscopy & imaging carts |
|
Becton Dickinson (USA) |
xx% |
Medication carts with pre-filled syringe integration |
|
Getinge (Sweden) |
xx% |
OR integration carts |
|
Air Techniques (U.S.) |
xx% |
Dental procedure carts |
|
Anesthetic Aid (UK) |
xx% |
Anesthesia & resuscitation carts |
|
Siemens (Germany) |
xx% |
Diagnostic imaging carts |
|
Samsung (South Korea) |
xx% |
Digital medication management carts |
|
Poly Medicure (India) |
xx% |
Low-cost carts for emerging markets |
|
Lojer (Finland) |
xx% |
Labor & delivery carts |
|
Brodart (Malaysia) |
xx% |
Compact carts for clinics |
Below are the areas covered for each company in the medical carts market:
Recent Developments
- In March 2024, Omnicell launched their XT Series Automated Medication Carts, that is considered to be the first AI-assisted medical carts to provide real-time inventory tracking facilities and also conduct restocking alerts. According to the FDA clearance notice, a reduction of error over 25% is ensured through the product.
- In May 2024, Harloff launched the FlexCart EHR-Integrated System, integrated with Cerner EHR, and allows access with the voice command medication dispensing feature. According to the EU MDR Database, streamlining of nursing workflow is ensured and adopted by more than 38% of the hospitals in the EU.
Author Credits: Radhika Pawar
- Report ID: 551
- Published Date: Jun 16, 2025
- Report Format: PDF, PPT
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Medical Carts Market Report Scope
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