North America Medical Carts Market, By Product Type (Emergency Cart, Procedure Cart, Anesthesia Cart, Computer Medical Cart, and Others), By Material Type (Metal, Plastic, and Wood), By Energy Source (Powered and Non-powered (Mechanical)), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Diagnostic Centers, and Others), By Country (U.S., Canada) -

Published In : Jun 2023

Code : CMI3659

Pages :150

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

North America Medical Carts Market– Drivers

Increasing strategies like acquisition by key market players for medical cart technology

Increasing strategies like acquisitions by key market players is expected to drive the North America medical Carts Market growth. For instance, on January 10, 2023, Capsa Healthcare, a U.S.-based healthcare delivery solutions company, announced acquisition of Tryten Technologies Inc., a Canada-based manufacturer of mobile cart. Tryten’s mobile workstation space, will help Capsa to deliver its clinical customer a product that provides the best care to their patients in whatever setting they work.

Increasing launch of newer products and their accessories by key market players

Increasing strategies from key market players like launch of new products and accessories is expected to drive the North America medical carts market growth over the forecast period. For instance, on July 19, 2022, Holo Industries LLC, a U.S. based technology manufacturing company, announced launch of a transformative HoloMed line of holographic inserts for medical carts, patient monitors and other products that protect patients and hospital staff by virtually eliminating surface contact and touch points, thereby reducing the transmission of healthcare associated microbial infections. It uses holographic touch which ensures mid-air interaction without special lighting, glasses or headgears.

North America Medical Carts Market: Restraints

Safety issues with batteries

Safety issues with battery-powered mobile medical carts are expected to hinder growth of the market. Battery-powered mobile medical carts may catch fire or explode. For instance, according to an article shared by Scott Clark Medical, a U.S.-based medical battery supplier company, on June 17, 2022, when Lead acid batteries are damaged, it can cause sulfuric acid leaks and prove to be hazardous. Lithium ion batteries have limited capacity and reach high temperature under load which leads to overheating and can cause fire.

To counterbalance this restraint, battery capacity should be analyzed and device should be maintained properly.

High price of medical carts

High cost of medical carts can limits growth of North America medical carts market within forecast period. The expensive initial installation of medical carts, followed by its regular high maintenance costs, will hamper the market's growth. For instance, according to an article published by Scott Clark Medical, a U.S.-based medical battery supplier company, on December 5, 2021, structural materials, cart bases, aesthetic elements determines cost of the medical cart. Apart from these the technology that is added can also add up final cost of the cart. The cost of medical cart ranges from US$ 1,497.00 to US$ 9,454.00 based on the requirements.

To counterbalance this restrain, more training to personnel and more funding by governments for research activities should be allocated.