The medical cart solutions in North America are expected to be adopted at a rate of 4.7% through 2034. The size of the medical cart industry in North America is expected to catapult from US$ 2,255.10 million in 2023 to US$ 3,750.98 million by 2034.
| Attributes | Details |
|---|---|
| Industry Size of Medical Cart in North America, 2024 | US$ 2,361.09 million |
| Expected Industry Size of Medical Cart in North America, 2034 | US$ 3,750.98 million |
| Forecast CAGR between 2024 to 2034 | 4.7% |
Top Trends Fueling the Adoption of Medical Carts in North America
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
| Attributes | Details |
|---|---|
| North America Medical Cart Industry Size (2023) | US$ 2,255.10 million |
The North America medical cart industry is projected to scale up from US$ 2,255.10 million in 2023 to US$ 3,750.98 million by 2034, registering a CAGR of 4.7% in the meanwhile. The following factors have been propelling growth of the industry:
| Historical CAGR (2019 to 2022) | 5.6% |
|---|---|
| Forecast CAGR (2024 to 2034) | 4.7% |
| Country | The United States |
|---|---|
| Forecast CAGR % (2024 to 2034) | 5.2% |
The adoption rate of medical carts in the United States is projected to be 5.2% CAGR through 2034. The following factors are strengthening the size of medical carts in the country:
| Country | Canada |
|---|---|
| Forecast CAGR % (2024 to 2034) | 6.2% |
As purchasing patterns of medical carts in Canada exhibit a comparatively higher CAGR through 2034, i.e., 6.2%, stakeholders are expected to take advantage of the brimming business opportunities for medical carts in the country. The following factors reveal the leading factors that are inducing growth in the medical cart industry in Canada:
Principal Consultant
| Leading Product Type | Real-time Locating System |
|---|---|
| Value Share % (2024) | 36.80% |
The latest estimates by FMI analysts reveal that real-time locating system holds a prominent position in the medical cart industry of North America. The estimated figure for the total size of the real-time locating system segment is 36.80% in 2024. Mentioned below are the top factors backing the sales of real-time locating systems:
| Leading End User | Diagnostic Centers |
|---|---|
| Value Share % (2024) | 36.80% |
Diagnostic centers are the leading consumers of medical carts. As per recent statistics for the overall scope of the medical cart industry in North America, the diagnostic center segment takes up 36.80% value share. The following factors are backing the extensive consumption of medical carts in the region:
Key participants are concentrating their resources on developing distinctly new products that meet the demands of hospitals and enhance patient safety. Increasing hospital capacity to adopt medical equipment is projected to favor the sales and production of medical carts in North America. Leading players in the region are scaling up their production facilities to meet the surge in demand from multiple end users. Additionally, players are making their product portfolio robust by introducing new products with unique features for specific purposes.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Key Developments in the Medical Carts by Key Players Operating in North America:
| Attribute | Details |
|---|---|
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Industry Analysis | Units for Volume and US$ million for Value |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; and the Middle East and Africa |
| Key Countries Covered | The United States, Canada, Brazil, Mexico, Germany, the United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
| Key Industry Segments Covered | End User, Material Type, Product Type, Energy Source, and Region |
| Key Companies Profiled | Herman Miller, Inc.; Omnicell, Inc.; The Harloff Company; Capsa Healthcare; Medline Industries, Inc.; Armstrong Medical Industries, Inc.; Waterloo Healthcare; Ergotron, Inc.; TouchPoint Medical; AFC Industries Inc.; Midmark Corporation; Hill-Rom Holdings, Inc. |
The medical cart industry in North America is expected to reach US$ 2,361.09 million in 2024.
The anticipated CAGR through 2033 is 4.7%.
Demand for medical carts in North America is expected to be US$ 3,750.98 million by 2034.
Diagnostic centers prominently use medical carts.
Real-time locating system takes a considerable share of the industry in North America.
1. Executive Summary
1.1. North America Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Countries
3.10. Country Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product, 2023 to 2033
5.3.1. Emergency Cart
5.3.2. Procedure Cart
5.3.3. Medical Computer Cart
5.3.4. Anaesthesia Cart
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product, 2023 to 2033
6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Material
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material, 2023 to 2033
6.3.1. Metal
6.3.2. Plastic
6.3.3. Wood
6.4. Y-o-Y Growth Trend Analysis By Material, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Material, 2023 to 2033
7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Energy Source
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Energy Source, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Energy Source, 2023 to 2033
7.3.1. Powered
7.3.2. Non-powered
7.4. Y-o-Y Growth Trend Analysis By Energy Source, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Energy Source, 2023 to 2033
8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End User
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End User, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End User, 2023 to 2033
8.3.1. Hospitals
8.3.2. Clinics
8.3.3. Ambulatory Surgical Centres
8.3.4. Diagnostic Centres
8.3.5. Others
8.4. Y-o-Y Growth Trend Analysis By End User, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033
9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.4. Market Attractiveness Analysis By Region
10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. USA
10.2.1.2. Canada
10.2.2. By Product
10.2.3. By Material
10.2.4. By Energy Source
10.2.5. By End User
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product
10.3.3. By Material
10.3.4. By Energy Source
10.3.5. By End User
10.4. Key Takeaways
11. Key Countries Medical Carts Industry Analysis and Outlook
11.1. USA
11.1.1. Pricing Analysis
11.1.2. Market Share Analysis, 2022
11.1.2.1. By Product
11.1.2.2. By Material
11.1.2.3. By Energy Source
11.1.2.4. By End User
11.2. Canada
11.2.1. Pricing Analysis
11.2.2. Market Share Analysis, 2022
11.2.2.1. By Product
11.2.2.2. By Material
11.2.2.3. By Energy Source
11.2.2.4. By End User
12. Market Structure Analysis
12.1. Competition Dashboard
12.2. Competition Benchmarking
12.3. Market Share Analysis of Top Players
12.3.1. By Country
12.3.2. By Product
12.3.3. By Material
12.3.4. By Energy Source
12.3.5. By End User
13. Competition Analysis
13.1. Competition Deep Dive
13.1.1. Herman Miller, Inc.
13.1.1.1. Overview
13.1.1.2. Product Portfolio
13.1.1.3. Profitability by Market Segments
13.1.1.4. Sales Footprint
13.1.1.5. Strategy Overview
13.1.1.5.1. Marketing Strategy
13.1.1.5.2. Product Strategy
13.1.1.5.3. Channel Strategy
13.1.2. Omnicell, Inc.
13.1.2.1. Overview
13.1.2.2. Product Portfolio
13.1.2.3. Profitability by Market Segments
13.1.2.4. Sales Footprint
13.1.2.5. Strategy Overview
13.1.2.5.1. Marketing Strategy
13.1.2.5.2. Product Strategy
13.1.2.5.3. Channel Strategy
13.1.3. The Harloff Company
13.1.3.1. Overview
13.1.3.2. Product Portfolio
13.1.3.3. Profitability by Market Segments
13.1.3.4. Sales Footprint
13.1.3.5. Strategy Overview
13.1.3.5.1. Marketing Strategy
13.1.3.5.2. Product Strategy
13.1.3.5.3. Channel Strategy
13.1.4. Capsa Solutions LLC
13.1.4.1. Overview
13.1.4.2. Product Portfolio
13.1.4.3. Profitability by Market Segments
13.1.4.4. Sales Footprint
13.1.4.5. Strategy Overview
13.1.4.5.1. Marketing Strategy
13.1.4.5.2. Product Strategy
13.1.4.5.3. Channel Strategy
13.1.5. Armstrong Medical Industries, Inc.
13.1.5.1. Overview
13.1.5.2. Product Portfolio
13.1.5.3. Profitability by Market Segments
13.1.5.4. Sales Footprint
13.1.5.5. Strategy Overview
13.1.5.5.1. Marketing Strategy
13.1.5.5.2. Product Strategy
13.1.5.5.3. Channel Strategy
13.1.6. Medline Industries, Inc.
13.1.6.1. Overview
13.1.6.2. Product Portfolio
13.1.6.3. Profitability by Market Segments
13.1.6.4. Sales Footprint
13.1.6.5. Strategy Overview
13.1.6.5.1. Marketing Strategy
13.1.6.5.2. Product Strategy
13.1.6.5.3. Channel Strategy
13.1.7. Waterloo Healthcare
13.1.7.1. Overview
13.1.7.2. Product Portfolio
13.1.7.3. Profitability by Market Segments
13.1.7.4. Sales Footprint
13.1.7.5. Strategy Overview
13.1.7.5.1. Marketing Strategy
13.1.7.5.2. Product Strategy
13.1.7.5.3. Channel Strategy
13.1.8. Ergotron, Inc.
13.1.8.1. Overview
13.1.8.2. Product Portfolio
13.1.8.3. Profitability by Market Segments
13.1.8.4. Sales Footprint
13.1.8.5. Strategy Overview
13.1.8.5.1. Marketing Strategy
13.1.8.5.2. Product Strategy
13.1.8.5.3. Channel Strategy
13.1.9. TouchPoint Medical
13.1.9.1. Overview
13.1.9.2. Product Portfolio
13.1.9.3. Profitability by Market Segments
13.1.9.4. Sales Footprint
13.1.9.5. Strategy Overview
13.1.9.5.1. Marketing Strategy
13.1.9.5.2. Product Strategy
13.1.9.5.3. Channel Strategy
13.1.10. AFC industries Inc.
13.1.10.1. Overview
13.1.10.2. Product Portfolio
13.1.10.3. Profitability by Market Segments
13.1.10.4. Sales Footprint
13.1.10.5. Strategy Overview
13.1.10.5.1. Marketing Strategy
13.1.10.5.2. Product Strategy
13.1.10.5.3. Channel Strategy
14. Assumptions & Acronyms Used
15. Research Methodology
Explore Healthcare Insights
View Reports
Medical Cart Industry Analysis in North America
