Asia Pacific Medical Carts Market Size & Outlook
Asia Pacific medical carts market, 2018-2030 (US$M)
Asia Pacific medical carts market highlights
- The Asia Pacific medical carts market generated a revenue of USD 715.0 million in 2023.
- The market is expected to grow at a CAGR of 18.3% from 2024 to 2030.
- In terms of segment, mobile computing carts was the largest revenue generating product in 2023.
- Mobile computing carts is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 715.0 million |
| Market revenue in 2030 | USD 2,316.3 million |
| Growth rate | 18.3% (CAGR from 2023 to 2030) |
| Largest segment | Mobile computing carts |
| Fastest growing segment | Mobile computing carts |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mobile computing carts |
| Key market players worldwide | Ergotron, ITD, Capsa Healthcare, Enovate Medical, TouchPoint Medical, Advantech, Harloff Manufacturing Company, Medline Industries, Armstrong Medical, McKesson Corp, Omnicell Inc, Altus Health, CompuCaddy, GCX Corporation, Parity Medical, Hergo Ergonomic Support Systems, Performance Health, MarketLab |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.4% of the global medical carts market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,316.3 million by 2030.
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Medical Carts Market Scope
Medical Carts Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific medical carts market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical carts market will help companies and investors design strategic landscapes.
Mobile computing carts was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific medical carts market based on mobile computing carts covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to grow at the highest CAGR of 16.8% over the forecast period. Rising focus of companies on expanding their presence in this region and growing demand for medical carts are expected to drive the market growth. In addition, rising research and development activities, increasing healthcare expenditure, and easy availability of low-cost healthcare IT products are also anticipated to drive the market growth.
As manufacturers in Asia Pacific region are focusing on the development of low-cost products with higher efficiency, the market is anticipated to witness significant growth over the forecast period. In addition, global players are investing in local companies as raw materials and labor are available at lower costs in countries of Asia Pacific.
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Our clientele includes a mix of medical carts market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical carts market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical carts market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific medical carts market
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