Major Players - Medical Cart Industry

Apr, 2023 - by CMI

Major Players - Medical Cart Industry

The rising frequencies of trauma, injury, and infection, as well as the increasing number of hospitalisation cases or hospital visits, are important drivers driving the medical carts market expansion. Increasing incidences of orthopaedic trauma are likely to enhance demand for orthopaedic carts, driving the medical carts market forward. Stringent government regulations and technological limits in manufacturing new carts are important factors impeding growth in the global medical cart market. Medical carts are subject to risk management testing in accordance with International Electrotechnical Commission(IEC) 60601-1. As a result, it should be properly tested to ensure compliance with all FDA rules.

According to Coherent Market Insights, The global Medical Cart Market is estimated to be valued at US$ 3,479.2 million in 2022 and is expected to exhibit a CAGR of 9.9% during the forecast period (2022-2030).

Prominent Companies in the Medical Cart Industry:

1. AFC Industries,

AFC Industries has been a manufacturer and innovator in the field of ergonomic furniture solutions crafted for the ultimate in safety, adaptability, comfort and functionality. In Jan 20, 2023 AFC Industries acquired Motor City Industrial. The company is headquartered in New York, founded in 1994.

2. Advantech Co., Ltd.

Founded in 1981, Advantech is the world's largest industrial PC, or IPC, supplier, offering single-board computers, fanless IPCs, digital posts and more. The company reports three segments: embedded PCs, industry PC and automation solutions, and service and others. The headquarters is in Taipei, Taiwan. 

3. Alphatron

The company is Distributor of electronic security systems intended for detection and prevention of intrusions and environmental hazards. The company distributes a wide portfolio of intrusion detection, fire alarm systems, video security and access control from third party manufacturers and also develops a variety of electronic products such as fire alarms, sounders and detection systems coupled with planning, installation and maintenance services. The company was founded in 1978, headquartered in Netherlands.

4. Enovate Medical

Enovate Medical is a hospital & health care company that manufactures medical carts and workstations to improve health care to patients. The company was founded in 2013, headquartered in U.S.

5. Ergotron, Inc.

Founded in 1982 by VESA FDMI standard author and visionary Harry Sweere, Ergotron is a global manufacturer of digital display mounting and mobility products, headquartered in Saint Paul, Minnesota. In Jul 7, 2022 The Sterling Group Completes the Acquisition of Ergotron, Inc.

6. Harloff Manufacturing Co.

Harloff Manufacturing Company is an engineering company that provides tooling, die stamping, roll forming, and injection molding services. The company was founded in 2013, headquartered in Michigan.

7. JACO, Inc.

The company specializes in the design, engineering and manufacturing of products including computer carts and wall-arm workstations, powered and non-powered as well as video-presentation carts, which are lightweight, durable and sustainable. The company was founded in 1972, headquartered in U.S.

8. Medline Industries, Inc.

Medline Industries, Inc., based in Mundelein, Illinois, Medline is the largest privately held manufacturer and distributor of healthcare supplies in the United States The Company was founded in 1966, in April 4, 2022 Medline Industries acquired ASID BONZ 

*Definition- Medical carts are trolleys used to transport all medical equipment when operating or treating patients. It has cabinets with drawers and trays used for a variety of treatments including surgical, medicinal, and therapeutic modalities.

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