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Medical Carts Market: Powered Segment Anticipated to be the Second Most Lucrative Segment by Energy Source During the Forecast Period: North America Industry Analysis and Opportunity Assessment 2017-2027

Medical Carts Market: Powered Segment Anticipated to be the Second Most Lucrative Segment by Energy Source During the Forecast Period: North America Industry Analysis and Opportunity Assessment 2017-2027

Non-powered segment by energy source anticipated to dominate the North America medical carts market during 2017 – 2027

The Non-powered (mechanical) energy source segment dominated the North America medical carts market in terms of revenue in 2017 and is likely to retain its dominance throughout the forecast period. The Non-powered (mechanical) segment is also the most attractive segment, with an attractiveness index of 1.2 over the forecast period. This segment is estimated to hold a little over 68% revenue share of the North America medical carts market in 2017; however, there is an anticipated drop to the tune of 432 basis points in market share by 2027. The Non-powered (mechanical) segment is expected to register a CAGR of 10.4% over the forecast period and be valued at a little more than US$ 1,100 Mn by 2027 end.

On the other hand, revenue from the Powered segment by energy source is expected to grow 3.3x by 2027 end as compared to that in 2017. The Powered segment is expected to create absolute $ opportunity of slightly more than US$ 20 Mn in 2018 over 2017. By the end of 2027, the Powered segment is projected to reach more than US$ 600 Mn, growing at a CAGR of 12.6% over the forecast period. The Powered segment is expected to be the second most lucrative segment in the North America medical carts market by energy source, with an attractiveness index of 0.8 during the period of assessment.

Key player focus on developing innovative products drives revenue growth in the North America medical carts market

Key players in the North America medical carts market are focussing on developing innovative application specific products to fulfil the various needs of hospitals and to enhance the important factor of patient safety. This need to increase hospital capacity and innovations in products are likely to boost the revenue and volume growth of the medical carts market. To strengthen the medical carts product portfolio, companies in this market are deploying a product line extension strategy by launching new products with unique features for specific purposes. For instance, companies such as Ergotron, Inc. and InterMetro Industries Corporation are introducing powered medical carts to simplify the work of nursing facility staff. These mobile medical carts are preferred by nurses as they are at a high risk of musculoskeletal disorders.

Non-powered or mechanical medical carts are now slowly being replaced by innovative and enhanced technologies such as powered medical carts with battery systems and locking drawers with negative tilt to facilitate efficient medication stocking, and also feature automated medicine dispensing systems. For instance, Omnicell Inc. designs medication workstations to advance medication and supply automation management. On the other hand Ergotron Inc. offers a wide variety of powered medical carts with ergonomic and easy-to-manoeuvre features. This shift in technology to powered medical carts is trending the North America medical carts market. Hazards associated with powered medical carts could negatively impact segmental growth over the forecast period

There have been past incidences of safety issues with battery powered mobile medical carts.The U.S. Food and Drug Administration (FDA) has been receiving several complaints about incidents of hospital fires associated with batteries used in powered medical carts. In December 2016, the FDA issued a warning regarding the risks associated with battery powered medical carts to healthcare professionals and healthcare units. Medical carts are regulated by the FDA under section 201(h) of the Food, Drug and Cosmetic Act. Commercially available battery powered medical carts include medication dispensing carts, emergency carts and others. Hazards associated with powered medical carts are likely to hamper the revenue growth of the Powered segment during the forecast period.


1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. North America Medical Carts Market Analysis Scenario
3.1. Market Size (US$ Mn) and Forecast
3.1.1. Market Size and Y-o-Y Growth
3.1.2. Absolute $ Opportunity
3.2. Market Overview
3.2.1. Value Chain
4. Market Dynamics
4.1. Macro-economic Factors
4.2. Drivers
4.2.1. Supply Side
4.2.2. Demand Side
4.3. Restraints
4.4. Opportunity
4.5. Forecast Factors – Relevance and Impact
5. North America Medical Carts Market Analysis and Forecasts, By Product
5.1. Introduction
5.2. Basis Point Share (BPS) Analysis By Product Type
5.3. Y-o-Y Growth Projections By Product Type
5.4. Market Value Forecast By Product, 2017–2027
5.4.1. Emergency Cart
5.4.2. Procedure Cart
5.4.3. Medical Computer Cart
5.4.4. Anesthesia Cart
5.4.5. Others
5.5. Market Attractiveness By Product
6. North America Medical Carts Market Analysis and Forecasts, By Material
6.1. Introduction
6.2. Basis Point Share (BPS) Analysis By Material
6.3. Y-o-Y Growth Projections By Material
6.4. Market Value Forecast By Material, 2017–2027
6.4.1. Metal
6.4.2. Plastic
6.4.3. Wood
6.5. Market Attractiveness By Material
7. North America Medical Carts Market Analysis and Forecasts, By Energy Source
7.1. Introduction
7.2. Basis Point Share (BPS) Analysis By Energy Source
7.3. Y-o-Y Growth Projections By Energy Source
7.4. Market Value Forecast By Energy Source, 2017–2027
7.4.1. Powered
7.4.2. Non-powered (Mechanical)
7.5. Market Attractiveness By Energy Source
8. North America Medical Carts Market Analysis and Forecasts, By End User
8.1. Introduction
8.2. Basis Point Share (BPS) Analysis By End User
8.3. Y-o-Y Growth Projections By End User
8.4. Market Value Forecast By End Use, 2017–2027
8.4.1. Hospitals
8.4.2. Clinics
8.4.3. Ambulatory Surgical Centers
8.4.4. Diagnostic Centers
8.4.5. Others
8.5. Market Attractiveness By End User
9. U.S Medical Carts Market Analysis and Forecast, By Product
9.1. Introduction
9.2. Basis Point Share (BPS) Analysis By Product Type
9.3. Y-o-Y Growth Projections By Product Type
9.4. Market Value Forecast By Product, 2017–2027
9.4.1. Emergency Cart
9.4.2. Procedure Cart
9.4.3. Medical Computer Cart
9.4.4. Anesthesia Cart
9.4.5. Others
9.5. Market Attractiveness By Product
10. U.S Medical Carts Market Analysis and Forecasts, By Material
10.1. Introduction
10.2. Basis Point Share (BPS) Analysis By Material
10.3. Y-o-Y Growth Projections By Material
10.4. Market Value Forecast By Material, 2017–2027
10.4.1. Metal
10.4.2. Plastic
10.4.3. Wood
10.5. Market Attractiveness By Material
11. U.S Medical Carts Market Analysis and Forecasts, By Energy Source
11.1. Introduction
11.2. Basis Point Share (BPS) Analysis By Energy Source
11.3. Y-o-Y Growth Projections By Energy Source
11.4. Market Value Forecast By Energy Source, 2017–2027
11.4.1. Powered
11.4.2. Non-powered (Mechanical)
11.5. Market Attractiveness By Energy Source
12. U.S Medical Carts Market Analysis and Forecasts, By End User
12.1. Introduction
12.2. Basis Point Share (BPS) Analysis By End User
12.3. Y-o-Y Growth Projections By End User
12.4. Market Value Forecast By End Use, 2017–2027
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Ambulatory Surgical Centers
12.4.4. Diagnostic Centers
12.4.5. Others
12.5. Market Attractiveness By End User
13. Canada Medical Carts Market Analysis and Forecasts, By Product
13.1. Introduction
13.2. Basis Point Share (BPS) Analysis By Product Type
13.3. Y-o-Y Growth Projections By Product Type
13.4. Market Value Forecast By Product, 2017–2027
13.4.1. Emergency Cart
13.4.2. Procedure Cart
13.4.3. Medical Computer Cart
13.4.4. Anesthesia Cart
13.4.5. Others
13.5. Market Attractiveness By Product
14. Canada Medical Carts Market Analysis and Forecasts, By Material
14.1. Introduction
14.2. Basis Point Share (BPS) Analysis By Material
14.3. Y-o-Y Growth Projections By Material
14.4. Market Value Forecast By Material, 2017–2027
14.4.1. Metal
14.4.2. Plastic
14.4.3. Wood
14.5. Market Attractiveness By Material
15. Canada Medical Carts Market Analysis and Forecasts, By Energy Source
15.1. Introduction
15.2. Basis Point Share (BPS) Analysis By Energy Source
15.3. Y-o-Y Growth Projections By Energy Source
15.4. Market Value Forecast By Energy Source, 2017–2027
15.4.1. Powered
15.4.2. Non-powered (Mechanical)
15.5. Market Attractiveness By Energy Source
16. Canada Medical Carts Market Analysis and Forecasts, By End User
16.1. Introduction
16.2. Basis Point Share (BPS) Analysis By End User
16.3. Y-o-Y Growth Projections By End User
16.4. Market Value Forecast By End Use, 2017–2027
16.4.1. Hospitals
16.4.2. Clinics
16.4.3. Ambulatory Surgical Centers
16.4.4. Diagnostic Centers
16.4.5. Others
16.5. Market Attractiveness By End User
17. Competition Landscape
17.1. Competition Dashboard
17.2. Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)
17.2.1. Herman Miller, Inc.
17.2.2. Omnicell, Inc.
17.2.3. The Harloff Company
17.2.4. Capsa Solutions LLC
17.2.5. Medline Industries, Inc.
17.2.6. Armstrong Medical Industries, Inc.
17.2.7. Waterloo Healthcare
17.2.8. Ergotron, Inc.
17.2.9. TouchPoint Medical
17.2.10. AFC industries Inc.
18. Assumptions and Acronyms Used
19. Research Methodology

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