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Medical Computer Carts Market Expected to Reach $1,088.55 Million by 2030

 
2022
Medical Computer Carts Market

Report Code : A02395

quote Increase in geriatric population and surge in adoption of electronic health record (EHR) & electronic medication administration (eMAR), rise in preference of mobile computer carts in surgical procedures fuel the growth of the global medical computer carts market. quote

Trupti Wadekar
Lead Analyst, Healthcare at Allied Market Research

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According to a new report published by Allied Market Research, titled, Medical Computer Carts Market by Product Type and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030,” the medical computer carts market size was valued at $478.86 million in 2020, and is projected to reach $1,088.55 million by 2030, registering a CAGR of 8.5% from 2021 to 2030.

Medical computer cart is a device utilized by the medical staff to analyze electronic health records, electronic medical records, distribution of drugs, and education of nurses via telepathology. These carts consist of features and workflow solutions to assist in daily task associated with patient safety and care. Integrated medical computer carts are integrated with different touchscreens, high-performance processors, and mountable packaging with antimicrobial coatings. These devices intended to ease the work load of nurses along with other healthcare professionals that assist in enhancing patient care and safety.

Increase in geriatric population and surge in adoption of electronic health record (EHR) and electronic medication administration (eMAR) are expected to drive the market growth. In addition, surge in preference of mobile computer carts in surgical procedures boosts the market growth. However, high cost of medical computer carts, limited availability of funds, and dearth of skilled professionals impede the market growth. In addition, risk of hazardous interaction between drugs stored in the medical computer cart is expected restricts the market growth.

On the basis of type, the medical computer carts market is categorized as integrated medical computer carts and powered medical computer carts. The integrated medical computer carts segment is expected to dominate the market throughout the analysis period, owing to surge in demand for electronic medical records (EMR) systems and rise in for mobile computer carts in critical surgical procedures are the key factors that drive the growth of medical computer carts market during the forecast period.

On the basis of end user, the hospital segment accounted for a major share in 2020, and is expected to exhibit a prominent growth rate, owing to increase in investments in the development of healthcare infrastructure, need for efficient patient safety, and initiatives undertaken to encourage the implementation of advanced technologies.

North America accounted for more than 40% of the global medical computer carts market share in 2020, and is expected to remain dominant throughout the forecast period. This was attributed to increase in adoption of medical computer carts in hospitals, presence of highly sophisticated healthcare infrastructure, increased patient awareness about the availability of medical computer carts for various treatment methods population density, and rise in chronic diseases as well as infectious ailments across high.

Asia-Pacific is projected to register the highest CAGR of 10.0% during the forecast period, owing to high population density and rise in prevalence of chronic diseases as well as infectious ailments across high populous countries such as India and China.

The major companies profiled in the report include Ergotron, Inc., Capsa Solutions LLC, Enovate Medical, Advantech Co., Ltd., Ali Group S.P.A., Bytec Group Limited, CompuCandy, ITD GmbH, Parity Medical, and Villard S.A.

Key Findings Of The Study

  • By type, the integrated segment is expected to experience rapid growth in the medical computer carts market, and is projected to grow at a CAGR of 9.0% from 2021 to 2030
  •  On the basis of end user, the hospitals segment is projected to grow at a CAGR of 8.1% during the forecast period.
  • Region wise, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 9.5% during the forecast period.

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quote Medical Computer Carts Market by Product Type (Integrated Medical Computer Carts and Powered Medical Computer Carts) and End User (Hospitals, Clinics, and Ambulatory Surgical Centers): Global Opportunity Analysis and Industry Forecast, 2021-2030 quote

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