US Medical Computer Carts Market to Grow at a CAGR of 13.6% to reach US$ 503.46 million from 2021 to 2028
The US medical computer carts market is projected to reach US$ 503.46 million by 2028 from US$ 206.75 million in 2021; it is expected to register a CAGR of 13.6% from 2021 to 2028.
A significant shift toward paperless data management is encouraging healthcare providers to implement cloud-based technologies in various operations. Furthermore, a decrease in the cost of cloud-based technologies, improvements in flexibility and security, and low maintenance requirements are propelling the adoption of these technologies at healthcare organizations. The cloud-based technologies enable users to overcome the interoperability issues, simultaneously allowing easy data integration. Organizing and storing huge volumes of healthcare data on cloud servers makes its processing easy for healthcare professionals. These technologies streamline the operations of different departments, institutions, healthcare service providers, and consumers. Furthermore, technological advancements support the integration of artificial intelligence (AI) and machine learning in patient management, which assists users in managing healthcare operations and massive data. The adoption of cloud-based technologies boosts the demand for medical computer carts. These carts are equipped with the Local Area Network (LAN) ports, power points, and other components required for data communication and transfer. Moreover, carts help in the easy movement of computer systems within the facility. Thus, the growing adoption of cloud-based data storage is leading to rise in the use of medical computers at healthcare facilities, thereby fueling the US medical carts market.
Market Insights
Healthcare service providers such as hospitals and clinics are widely adopting paperless patient data storage solutions. Electronic medical record (EMR) is a digital method of saving patients' data such as medical history, diagnoses, medications, immunization dates, allergies, and lab results. The EMR systems are operated through computers, tablets, and other mobile devices. As computers may require connections to various movable medical devices such as portable X-ray machines and ECG devices, the computer carts play an essential role in accommodating monitors, CPUs, keyboards, scanners, and other accessories at one place. As per a study published in the Journal of the American Medical Association and Medical Care in 2020, which compared the metadata of clinicians in the US, Canada, Northern Europe, Western Europe, the Middle East, and Oceania, inferred that the US clinicians actively use the EHR – compared with non-US was aggregate of 90 minutes daily actively. Thus, the increasing adoption of EMR and EHR systems among healthcare providers is driving the growth of the medical computer cart market
Type-Based Insights
Based on type, the US medical computer carts market is segmented into powered medical computer carts and integrated medical computer carts. The integrated medical computer carts segment is expected to hold a larger share of the market in 2021. However, the powered medical computer carts segment is expected to register a higher CAGR during 2021–2028.
US Medical Computer Carts Market, by Type – 2021 and 2028
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
End User-Based Insights
Based on end user, the market is subsegmented into hospitals, clinics, ambulatory surgical centers, and others.The hospitals segment held the largest share of the market in 2021. Clinics segment is expected to grow at the highest CAGR during the forecast period.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
US Medical Computer Carts Market: Strategic Insights
Mrinal
Have a question?
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
US Medical Computer Carts Market: Strategic Insights
Mrinal
Have a question?
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to AnalystCompanies operating in the US medical computer carts market emphasize on adopting the strategy of product innovations to meet the evolving customer demands across the world, which also permits them to maintain their brand name in the global market.
US Medical Computer Carts Market – Segmentation
By Type
- Powered Medical Computer Carts
- Integrated Medical Computer Carts
By End User
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
Company Profiles
- Ergotron, Inc.
- Capsa Solutions, LLC
- Enovate Medical, LLC
- Jaco, Inc.
- InterMetro (Ali Group)
- Advantech Corporation
- Altus Group Ltd.
- Midmark Corporation
- Scott-Clark Medical
- AFC Industries, Inc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
medical computer carts market medical computer carts is designed to reduce the workload for nurses and other healthcare professionals. These computer carts also help to improve patient care. Medical computer carts have applications in charting and Electronic medical records (EMR), medication dispensing, and nursing training. Medical computer cart comes with or without onboard power systems. Medical computer carts come with flexible features like height settings for standing or sitting use.
The factors that are driving and restraining factors that will affect US Medical Computer carts market in the coming years. Factors such as rise in adoption of electronic medical record and electronic health record systems, increasing adoption of cloud-based technologies are driving the market growth. However, availability of alternatives for computers are likely to hamper the growth of the market.
The US Medical Computer carts market majorly consists of the players such as Ergotron, Inc., Capsa Solutions, LLC, Enovate Medical, LLC, Jaco, Inc., InterMetro (Ali Group), Advantech Corporation, Altus Group Ltd., Midmark Corporation, Scott-Clark Medical, and AFC Industries, Inc. amongst others.
The global US Medical Computer carts market based on type is segmented into Single or paired pulse TMS and Repetitive TMS (rTMS). In 2021, the Single or paired pulse TMS segment held the largest share of the market, by type. The Repetitive TMS (rTMS) segment of US Medical Computer carts market is also expected to witness fastest CAGR during 2021 to 2028.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Medical Computer Carts Market – By Type
1.3.2 Medical Computer Carts Market – By End User
2. Medical Computer Carts Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Medical Computer Carts Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. US Medical Computer Carts Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Adoption of Electronic Medical Record and Electronic Health Record Systems
5.1.2 Increasing Adoption of Cloud-Based Technologies
5.2 Market Restraints
5.2.1 Availability of Alternatives for Computers
5.3 Market Opportunities
5.3.1 Large Number of Product Approvals
5.4 Future Trends
5.4.1 Growing Popularity of Remote Treatment and Portable Workstations during COVID-19 Pandemic
5.5 Impact Analysis of Drivers and Restraints
6. Medical Computer Carts Market – US Analysis
6.1 US Medical Computer Carts Market Revenue Forecast and Analysis
6.1.1 Overview
6.2 Market Positioning of Key Players
7. Medical Computer Carts Market Analysis– by Type
7.1 Overview
7.2 Medical Computer Carts Market, by Type 2021 & 2028 (%)
7.3 US: Medical Computer Carts Market, by Type, 2019–2028 (USD Million)
7.4 Powered Medical Computer Carts
7.4.1 Overview
7.4.2 Powered Carts: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Integrated Medical Computer Carts
7.5.1 Overview
7.5.2 Integrated Carts: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
8. Medical Computer Carts Market Analysis – By End Users
8.1 Overview
8.2 Medical Computer Carts Market Revenue Share, by End Users (2021 and 2028)
8.3 US: Medical Computer Carts Market, by End Users, 2019–2028 (USD Million)
8.4 Hospitals
8.4.1 Overview
8.4.2 Hospitals: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Clinics
8.5.1 Overview
8.5.2 Clinics: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Ambulatory Surgical Centers
8.6.1 Overview
8.6.2 Ambulatory Surgical Centers: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
9. Impact of COVID-19 Pandemic on US Medical Computer Carts Market
9.1 US: Impact Assessment of COVID-19 Pandemic
10. Industry Landscape
10.1 Overview
10.2 Developments
10.2.1 Overview
11. Company Profiles
11.1 Ergotron
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Capsa Healthcare
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Enovate Medical
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Jaco Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 InterMetro Industries Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Advantech Co. Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Altus
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Scott-Clark Medical
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 MIDMARK CORPORATION
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 AFC
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1.......... US Medical Computer Carts Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 2.......... US Medical Computer Carts Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 3.......... Developments Done by Companies
Table 4.......... Glossary of Terms, US Medical Computer Carts Market
LIST OF FIGURES
Figure 1......... Medical Computer Carts Market Segmentation
Figure 2......... US Medical Computer Carts Market Overview
Figure 3......... Powered Medical Computer Carts Segment Held Largest Share by Type in the Medical Computer Carts Market
Figure 4......... PEST Analysis
Figure 5......... Medical Computer Carts Market Impact Analysis of Drivers and Restraints
Figure 6......... US Medical Computer Carts Market – Revenue Forecast and Analysis – 2021-2028
Figure 7......... Market Positioning of Key Players
Figure 8......... Medical Computer Carts Market, by Type 2021 & 2028 (%)
Figure 9......... Powered Medical Computer Carts: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10....... Integrated Carts: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11....... Medical Computer Carts Market Revenue Share, by End Users (2021 and 2028)
Figure 12....... Hospitals: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13....... Clinics: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14....... Ambulatory Surgical Centers: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15....... Others: Medical Computer Carts Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16....... Impact of COVID-19 Pandemic on Medical Computer Carts Market in the US
The List of Companies - US Medical Computer Carts Market
- Ergotron, Inc.
- Capsa Solutions, LLC
- Enovate Medical, LLC
- Jaco, Inc.
- InterMetro (Ali Group)
- Advantech Corporation
- Altus Group Ltd.
- Midmark Corporation
- Scott-Clark Medical
- AFC Industries, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.