(PharmaNewsWire.Com, June 21, 2017 ) According to Publisher, the Global Medical Carts market is estimated at $3030.3 million in 2016 and is expected to reach $7457.8 million by 2022 growing at a CAGR of 16.2% from 2016 to 2022. Increasing prominence for quick response in medical emergency and rising advance technologies are the key drivers propelling the market growth. Lack of space in Operation Theater and high cost of carts are the factors hampering the market.
North America accounted for the highest market share as compared to other regions. The Asia Pacific region is expected to grow at a higher CAGR and is anticipated to account for the highest market share during forecast period owing to the expansion of medical industry in countries like India and China, providing scope of the increasing usage of medical carts. Increasing medical tourism to this region is one of the factor creating opportunity for the market growth in Asia Pacific region. Leading players in this market are focusing on the manufacturing of medical carts as they are used in all areas of therapeutics.
End Users Covered: -Hospitals -Nursing Homes and Long Term Care Centers -Physician Offices or Clinics -Other End Users
Regions Covered: -North America-US-Canada-Mexico -Europe-Germany-France-Italy-UK -Spain -Rest of Europe -Asia Pacific-Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World-Middle East-Brazil-Argentina-South Africa-Egypt
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