Meticulous Research®, a premier market research company, has published a comprehensive report titled Medical Carts and Workstations Market by Product. The report provides an in-depth analysis of various product categories, including Mobile Computer Carts (such as Telemedicine, Powered, and Documentation Carts), Specialized Carts (like Anesthesia and Emergency Carts), Medication Carts, Wall Arms, and Medical Storage Cabinets. It offers insights into market trends and forecasts through 2029.
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According to the report, the medical carts and workstations market is set to experience notable growth, with a projected CAGR of 14.2% between 2022 and 2029. By the end of the forecast period, the market is expected to reach $11.48 billion. Several factors are driving this growth, including the increased use of electronic medical records (EMR) and electronic health records (EHR), the integration of IT solutions into healthcare systems, and healthcare organizations’ efforts to improve patient care, safety, and operational efficiency. The development of ergonomic medical carts and expanding opportunities in emerging markets also present promising growth potential. However, some challenges, such as the high costs associated with these products, a shortage of skilled professionals, and the limited mobility of heavy workstations, could hinder market expansion.
The COVID-19 pandemic played a pivotal role in accelerating the adoption of telemedicine carts and workstations. As social distancing became essential, telehealth services became a critical means for patients to receive medical care. In response, vendors focused on developing telemedicine carts specifically designed to support healthcare providers. Governments worldwide implemented policies to promote telehealth services during the pandemic. For example, the U.S. Federal Communications Commission (FCC) allocated $104.98 million for telehealth services, while the Chinese National Health Commission issued guidelines to facilitate telemedicine access. Similarly, Poland expanded its telemedicine infrastructure, further driving demand for telemedicine carts. These initiatives contributed to the surge in telemedicine cart usage, positively influencing the overall growth of the medical carts and workstations market.
The report presents a detailed analysis of the market’s historical data (from 2020 and 2021), current estimates (2022), and forecasts through 2029. It categorizes products into Mobile Computing Carts, Specialty Medical Carts, Wall Mount Workstations, and Conventional Medication Carts. Furthermore, it evaluates key end-users such as hospitals, long-term care facilities, and physician offices.
In 2022, the mobile computing carts and workstations segment is expected to dominate the market, driven by the growing use of these carts in healthcare settings. Mobile computing carts facilitate the easy transportation of electronic health records (EHR) and support a range of clinical applications, further boosting their adoption. Hospitals are projected to be the largest end-user group, driven by rising investments in healthcare infrastructure and a focus on improving patient safety and care.
Regionally, North America is expected to lead the medical carts and workstations market in 2022, followed by Europe and the Asia-Pacific region. Factors such as rapid adoption of advanced technologies, supportive government initiatives, and a well-developed healthcare infrastructure contribute to North America’s significant market share.
Leading companies in the medical carts and workstations market include Midmark Corporation, Capsa Healthcare, Bergmann Group, and Ergotron. These companies play a critical role in market innovation, continuously evolving their product offerings to meet the needs of healthcare providers and drive the market’s future growth trajectory.
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