Asia-Pacific Medical Carts and Workstations Market Predicted to Achieve $3.39 Billion by 2030

 

Meticulous Research^®—a leading market research company, published a research report titled, ‘Asia-Pacific Medical Carts and Workstations Market by Product [Mobile Computer Carts (Telemedicine, Powered, Documentation), Specialized Carts (Anaesthesia, Emergency), Medication Carts, Wall Arm, Medical Storage Cabinet] and End User - Forecast to 2030’

According to this latest publication from Meticulous Research^®, the Asia-Pacific Medical Carts and Workstations Market is projected to reach $3.39 billion by 2030, at a CAGR of 15.4% from 2023 to 2030. The growth of this market is driven by the growth in the implementation of EMR/EHR, integration of IT solutions into healthcare environments, and healthcare organizations’ efforts to enhance patient care, safety, and staff productivity. However, the complexity of quality standards restrains the market’s growth. Furthermore, developing ergonomic and advanced designs for medical carts and workstations will offer significant market growth opportunities. However, the high costs of medical carts and workstations, the lack of skilled professionals, and the low manoeuvrability of heavy workstations challenge the market’s growth.

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Key Players

The key players operating in the Asia-Pacific medical carts and workstations market are Ergotron, Inc. (U.S.), Omnicell, Inc. (U.S.), Miller Knoll, Inc. (U.S.), Bergmann Group (U.S.), Capsa Healthcare (U.S.), The Harloff Company (U.S.), Midmark Corporation (U.S.), AFC Industries, Inc. (U.S.), AMD Global Telemedicine, Inc. (U.S.), HESOURCE Medical Equipment Co. Ltd. (China), FUJI FLEX co., Ltd (Japan), and Nanjing Tiana Medical Instruments Manufacture Co. Ltd. (China).

The Asia-Pacific Medical Carts and Workstations market is segmented by Product Type [Mobile Computing Carts and Workstations (Computer Carts and Workstations {Powered Computer Carts and Workstations and Non-Powered Carts and Workstations}, Computing Medication Carts and Workstations, Documentation Carts and Workstations, Telemedicine Carts and Workstations, Other Mobile Computing Carts and Workstations, and Mobile Computing Cart and Workstation Accessories), Specialty Medical Carts and Workstations (Emergency Carts and Workstation, Anaesthesia Carts and Workstations, Procedure Carts and Workstations, Other Medical Carts, and Workstations), Wall Mount Workstations (Wall Arms, Wall Cabinet Workstations, Wall Mount Workstation Accessories), Conventional Medication Carts, and Medical Storage Columns, Cabinets, and Accessories)], End User (Hospital, Long Term Care Facilities, Physician Offices/Clinics, and Other End Users), and Geography. The study also evaluates industry competitors and analyses the country-level markets.

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Among the product types included in the report, in 2023, the mobile computing carts and workstations segment is expected to account for the largest share of the Asia-Pacific medical carts and workstations market. The large market share of this segment can be attributed to the advancements in cart technology. These advancements encompass features such as battery-operated systems utilizing lithium iron phosphate batteries for powered carts, as well as telemedicine carts designed to enhance workflow efficiency. The integration of built-in software aids in fleet management, and the incorporation of sophisticated ergonomic designs further contributes to this segment's dominance. Moreover, the emergence of the COVID-19 pandemic has propelled the demand for telemedicine carts, as adherence to social distancing measures and primary precautions became imperative during the outbreak.

Among the end user included in the report, in 2023, the hospitals segment is expected to account for the largest share of the Asia-Pacific medical carts and workstations market. The large market share of this segment is attributed to increasing investments in healthcare infrastructure development, the need for efficient patient safety, and initiatives to implement advanced technologies.

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Geographic Review

This research report analyses major geographies in Asia-Pacific, namely Japan, China, India, South Korea, Australia, New Zealand, Singapore, Thailand, and the Rest of Asia-Pacific. In 2023, Japan is expected to account for the largest share of the Asia-Pacific Medical Carts and Workstations market. Some of the major factors contributing to the largest share include the presence of many hospitals and support from the government towards adopting advanced healthcare facilities, including EMR and telemedicine, among others.

 

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