Asia-Pacific Medical Carts Market by Type (Emergency Carts, Procedure Carts, Anesthesia Carts, and Other Carts) - Opportunity Analysis and Industry Forecasts, 2014-2022
The Asia-pacific Medical Carts Market is anticipated to reach $555 million by 2022, growing at a CAGR of 13.7% from $224 million in 2015. A medical cart or trolley is a wheeled cabinet with drawers and trays that is used in various medical, surgical, and therapeutic modalities in hospital and clinical settings to keep drugs, tools, equipment, and medical devices for the stipulated treatment. The Asia-Pacific medical carts market is divided into four types -anesthesia carts, emergency carts, procedure carts, and other carts. The rise in focus on patient safety, improved nursing efficiency, and ease in clinical workflow due to medical carts has raised the demand for these trolleys across Asia-pacific. This significant rise in volume of sales was attributed to the rapid expansion of the healthcare industry and healthcare reforms in China and India. Asia-Pacific holds immense potential for the growth of medical equipment for enhancing the medical infrastructure, thereby driving the growth of medical carts market both in volume sales and revenue. However, cost incurred for the maintenance of medical carts and lack of skilled professionals could limit the market growth.
Key Benefits : The study provides an in-depth analysis of the Asia-Pacific medical carts market with current trends and future estimations to elucidate the imminent investment pockets. The report provides a quantitative analysis from 2014 to 2022 to enable the stakeholders to capitalize on prevailing market opportunities. Competitive intelligence highlights the business practices followed by leading market players across various countries of Asia-Pacific region. Porters five forces model is expected to interpret the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition among the key players. Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
Asia Pacific Medical Carts Market Key Segments:
The Asia-Pacific medical carts market is segmented based on type and country.
Anesthesia Carts Emergency Carts Procedure Carts Other Carts
Japan China (Including Hong Kong) India Singapore South Korea Indonesia Thailand Vietnam Philippines Other Asia-Pacific