Market revenue in 2023 | USD 1,225.8 million |
Market revenue in 2030 | USD 3,610.0 million |
Growth rate | 16.7% (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 |
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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 North America medical carts market based on mobile computing carts covering the revenue growth of each sub-segment from 2018 to 2030.
Medical carts market in North America is fragmented in nature. Companies are adopting strategies such as product innovation, mergers & acquisitions, partnership agreements, and geographic expansion to gain a competitive edge. Furthermore, increasing demand from hospitals for advanced healthcare IT solutions to enhance the quality of care and patient safety is anticipated to propel the market growth over the forecast period.
Strategies adopted by companies for launch of products are anticipated to increase the competition in the market. For instance, powered workstations by Ergotron, Inc. for helping nursing staff are expected to be increasingly adopted by hospitals.
These workstations are preferred as the nursing staff is at a higher risk of Musculoskeletal Injuries (MSIs). In addition, increasing adoption of collaborative strategies to expand clinical cart portfolio for meeting the high demand for cost-efficient healthcare delivery is contributing to the growth of the industry.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America medical carts market , including forecasts for subscribers. This continent databook contains high-level insights into North America medical carts market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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