DUBLIN–(BUSINESS WIRE)–Jun 21, 2021–
The “Medical Carts – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com‘s offering.
Global Medical Carts Market to Reach $5.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Medical Carts estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$5.5 Billion by 2027, growing at a CAGR of 14% over the analysis period 2020-2027.
Mobile Computing, one of the segments analyzed in the report, is projected to record a 15% CAGR and reach US$2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wall-Mounted Workstations segment is readjusted to a revised 13.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $591.7 Million, While China is Forecast to Grow at 18.2% CAGR
The Medical Carts market in the U.S. is estimated at US$591.7 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 18.3% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.9% and 12.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11% CAGR.
Medication Segment to Record 12.8% CAGR
In the global Medication segment, USA, Canada, Japan, China and Europe will drive the 12% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$309.1 Million in the year 2020 will reach a projected size of US$682.3 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$826.9 Million by the year 2027, while Latin America will expand at a 14.4% CAGR through the analysis period.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 36 Featured):
- Advantech Co., Ltd.
- AFC Industries
- Armstrong Medical Industries, Inc.
- Capsa Healthcare
- Chang Gung Medical Technology Co.
- Ergotron Inc.
- Harloff Manufacturing Co.
- InterMetro Industries Corporation
- ITD GmbH
- Jaco, Inc.
- Medline Industries, Inc.
- Midmark Corporation
- Omnicell Inc.
- The Bergmann Group
- Waterloo Healthcare
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- UNITED KINGDOM
- REST OF EUROPE
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- REST OF LATIN AMERICA
- MIDDLE EAST
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- Total Companies Profiled: 36
For more information about this report visit https://www.researchandmarkets.com/r/5paogs
View source version on businesswire.com:https://www.businesswire.com/news/home/20210621005313/en/
Laura Wood, Senior Press Manager
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INDUSTRY KEYWORD: HEALTH GENERAL HEALTH
SOURCE: Research and Markets
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PUB: 06/21/2021 05:24 AM/DISC: 06/21/2021 05:24 AM