The U.S. Medical Carts Market size is anticipated to reach USD 1.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.8% from 2021 to 2028. The rapid increase in the volume of hospitals and urgent care centers and growing hospitals admissions along with the increasing incidence of musculoskeletal injuries among caregivers are expected to boost the adoption of medical carts significantly over the forecast period.
In addition, with the rise in the number of COVID-19
cases, there will be a significant increase in the use of medical carts in the
country. Since COVID-19 is extremely infectious, medical equipment such as
handheld diagnostics is one of the main sources of infection, and this must be
addressed. Thus, the use of medical carts for the safe administration of drugs
and meeting other essential needs of patients and healthcare personnel is
projected to increase during the pandemic.
The number of large hospitals in the U.S. is
increasing the demand for medical carts. For instance, according to the
American Hospital Association, in 2019, there were 6,090 community hospitals,
208 Federal Government hospitals, and 625 nonfederal psychiatric hospitals in
the U.S. Furthermore, according to the Urgent Care Association report, as of 2019,
there were around 9,616 urgent care centers in the U.S. Similarly, the CDC
stated that approximately 136 million U.S. patients visit emergency rooms each
year, with around 30% of visits associated with injuries. Thus, the high number
of emergency room visits and the presence of several emergency care units are
boosting the use of medical carts in these units.
Related Press Release@ U.S. Medical Carts Market Report
U.S. Medical Carts Market Report
Highlights
- Based on product, the mobile computing carts segment dominated the
market and accounted for the largest revenue share of 60.6% in 2020
- Based on type, the emergency carts segment dominated the market and
accounted for the largest revenue share of 41.7% in 2020. This can be
attributed to its higher usage in emergency care units. As the risk of
infectious diseases is high in emergency care units
- Based on end-use, the hospitals segment dominated the market and
accounted for the largest revenue share of 36.9% in 2020. However, the
physicians’ offices/clinics/offices based labs segment is expected to
witness the highest CAGR during the forecast period
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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