Medical Carts Market size is predicted to rise from USD 2.72 billion to USD 20.25 billion, demonstrating a CAGR of over 16.7% throughout the forecast period, between 2025 and 2037. In the year 2025, the industry size of medical carts is assessed at USD 3.08 billion.
The market growth is attributed to rising demand for efficient and safe transportation for patients with chronic diseases or injury-related conditions. The percentage of people over 60 and above in the world will nearly double from 12% to 22% between 2015 and 2050.
Medical carts are used for streamlining different operations such as capturing data, storing dispensing equipment, and more. Thus, making medical infrastructure more efficient. Further rising healthcare care costs and well-developed facilities are expected to drive the market revenue. Also, increasing number of musculoskeletal injuries and operations will boost the market growth. It is estimated that approximately 1.71 billion people all around the world have musculoskeletal conditions.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
16.7% |
Base Year Market Size (2024) |
USD 2.72 billion |
Forecast Year Market Size (2037) |
USD 20.25 billion |
Regional Scope |
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Type (Computer Medical Cart, Emergency Cart, Procedure Cart)
The procedure carts segment in the medical carts market is estimated to garner largest revenue by 2037, led by increasing usage of procedure carts in the settings of numerous hospitals. There has been an increase in n number of surgical procedures caused by an increased risk of chronic disease which is further expected to drive the segment demand. It is anticipated that an estimated 17.9 million people died cause of CVDs in 2019, which is almost 32% of total death worldwide. Amongst these deaths, 85% of death were caused owing to heart attack and stroke.
Our in-depth analysis of the global market includes the following segments:
By Products |
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By Type |
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By Material |
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By Application |
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By End-User |
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By Distribution Channels |
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The Asia Pacific medical carts market is expected to account for largest revenue share by the end of 2037, impelled by improving medical infrastructure and growing prevalence of musculoskeletal injuries in the region. The number of trials for musculoskeletal disorders has increased by 158% in the Asia Pacific region over the past 10 years, more than any other region in the world.
Capsa Solutions LLC. acquired Louis-based producer of medical carts Specialty Carts, Inc.
Midmark Corporation announce the launch of three new products offerings to the Synthesis Cabinetry Collection.
Author Credits: Radhika Pawar
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