The medical computer cart market size is projected to reach US$ 945.58 million by 2031 from US$ 289.22 million in 2023. The market is expected to register a CAGR of 15.96% during 2023–2031. The rising popularity of remote treatment and portable workstations are likely to remain key trends in the market.
Medical computer carts are widely used in healthcare settings as they provide mobility and facilitate the transportation of workstations and laptops that store vital software and patient data. These carts conveniently go wherever the patient goes, allowing physicians and healthcare professionals to efficiently retrieve patient information and provide optimal care. These carts feature adjustable height, secure storage, and infection control measures. They support real-time data entry, medication administration, and communication. The rising adoption of electronic medical record (EMR) systems and electronic health records (EHR) and increasing adoption of cloud-based technologies boost the demand for medical computer carts.
As Highlighted by the Office of the National Coordinator for Health Information Technology (ONC), as of 2021, ~ 4 out of 5 office-based physicians (78%) and 96% of the non-federal acute care hospitals have implemented a certified EHR. This shows significant progress over the past 10 years since 2011, when only 28% of hospitals and 34% of physicians had adopted an EHR. Medical computer carts equipped with batteries allow healthcare professionals to have patient health information readily available as they move around. This enables doctors and nurses to enter patient data into the EHR instantly, providing the patient's doctor with immediate access. Growing adoption of electronic health records (EHR), presence of well-established healthcare infrastructure, and government support in implementation of electronic health record (EHR) to improve the quality-of-care favor medical computer cart market growth.
Cloud computing offers numerous benefits, such as easy and convenient collaboration between users, reduced costs, increased speed, scalability, and flexibility. The integration of cloud-based technologies is increasing the demand for medical computer carts. The data sharing process is greatly facilitated by cloud computing. Furthermore, it has the potential to significantly reduce in-house infrastructure and operational costs for healthcare organizations. These carts are equipped with the local area network (LAN) ports, sockets, and other components required for data communication and transmission. As a result, the rising adoption of cloud-based data storage is driving the medical computers in healthcare facilities, boosting the global medical computer cart market.
Well-designed medical carts are invaluable assets for hospitals, clinics, and physician offices. Regardless of the type or purpose of the cart, immediately accessible supplies facilitate efficiency and, by extension, advance patient care. In the current era of digital transformation in healthcare, there is a growing need for medical carts solutions that are customizable, scalable, and interoperable. This presents an opportunity for manufacturers to create innovative carts tailored to various healthcare settings like hospitals, clinics, and long-term care facilities.
Furthermore, the expanding healthcare infrastructure in emerging economies and the growing emphasis on telemedicine offer promising prospects for market expansion.
Key segments that contributed to the derivation of the medical computer cart market analysis are type and end user.
The geographic scope of the Medical Computer Cart market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. Asia Pacific is expected to grow with the highest CAGR in the coming years.
The Medical Computer Cart market in North America is analyzed based on the three major countries: the US, Canada, and Mexico. The US is projected to have the largest share of the North America Medical Computer Cart market in 2023.
According to the Journal of Patient Safety estimate, 400,000 patient casualties are caused due to administrative errors in the US every year. The mounting emphasis on error reductions in hospital administrative work, which is causing considerable mortalities, is prominently anticipated to drive the demand for medical computer carts during the forecast period. Additionally, factors such as a advancements in software technologies in healthcare, growing adoption of EHR, and the implementation of government policies favour the US medical computer cart market.
The regional trends and factors influencing the Medical Computer Cart Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Medical Computer Cart Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 289.22 Million |
| Market Size by 2031 | US$ 945.58 Million |
| Global CAGR (2023 - 2031) | 15.96% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Medical Computer Cart Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Medical Computer Cart Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Medical Computer Cart market is evaluated by gathering qualitative and quantitative data from primary and secondary research, which includes essential corporate publications, association data, and databases. A few of the developments in the medical computer cart market are listed below:
The “Medical Computer Cart Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
North America dominated the medical computer cart market in 2023.
Factors Including integration of cloud-based technologies in patient care and adoption of EHRs are the driving factors the medical computer cart market growth.
Rising popularity of remote treatment and portable workstations are future trends in the market.
Ergotron, Capsa Healthcare, Enovate Medical, Jaco Inc., InterMetro Industries Corporation, Advantech Co. Ltd., Altus, Scott-Clark Medical., MIDMARK CORPORATION, AFC, Humanscale Corporation, Howard Technology Solutions are some leading players operating in the medical computer cart market.
The medical computer cart market is estimated to reach US$ 945.57 million by 2031.
The medical computer cart market is anticipated to grow at a CAGR of 15.96% during 2023-2031.