Asia-Pacific Medical Carts and Workstations Sector Set to Achieve $3.39 Billion Valuation by 2030


Posted May 31, 2024 by Pallavig

The Asia-Pacific Medical Carts and Workstations Market is anticipated to experience substantial growth by 2030.

 
Meticulous Research®, a leading market intelligence company, has released an in-depth research report titled, "Asia-Pacific Medical Carts and Workstations Market by Product [Mobile Computer Carts (Telemedicine, Powered, Documentation), Specialized Carts (Anesthesia, Emergency), Medication Carts, Wall Arm, Medical Storage Cabinet] and End User - Forecast to 2030."

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According to the latest insights from Meticulous Research®, the Asia-Pacific medical carts and workstations market is projected to reach $3.39 billion by 2030, growing at a robust CAGR of 15.4% from 2023 to 2030. The market expansion is primarily driven by the increasing adoption of EMR/EHR systems, the integration of IT solutions into healthcare environments, and initiatives by healthcare organizations to improve patient care, safety, and staff efficiency. However, the complexity of quality standards poses a significant challenge to market growth. Despite this, opportunities abound in the development of ergonomic and advanced medical cart designs, although high costs, a shortage of skilled professionals, and the low maneuverability of heavy workstations remain significant hurdles.

Key Market Players: Leading companies in the Asia-Pacific medical carts and workstations market include: Ergotron, Inc. (U.S.), Omnicell, Inc. (U.S.), MillerKnoll, 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 Tianao Medical Instruments Manufacture Co. Ltd. (China).

Market Segmentation: The report segments the Asia-Pacific medical carts and workstations market by product type and end user:
Product Type: Mobile Computing Carts and Workstations (Computer Carts, Powered and Non-Powered Carts, Medication Carts, Documentation Carts, Telemedicine Carts, Accessories), Specialty Medical Carts and Workstations (Emergency Carts, Anesthesia Carts, Procedure Carts, Other Medical Carts), Wall Mount Workstations (Wall Arms, Wall Cabinet Workstations, Accessories), Conventional Medication Carts, Medical Storage Columns, Cabinets, and Accessories

End User: Hospitals, Long Term Care Facilities, Physician Offices/Clinics, Other End Users

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Market Insights: In 2023, the mobile computing carts and workstations segment is expected to hold the largest share of the market, driven by technological advancements such as battery-operated systems using lithium iron phosphate batteries and telemedicine carts enhancing workflow efficiency. The COVID-19 pandemic has further accelerated demand for telemedicine carts due to the necessity of social distancing and other preventive measures.

Hospitals are projected to be the largest end-user segment in 2023, attributed to increased healthcare infrastructure investments, the need for efficient patient safety, and the implementation of advanced technologies.

Geographic Insights: The report provides a detailed analysis of key geographies within the Asia-Pacific region, including Japan, China, India, South Korea, Australia, New Zealand, Singapore, Thailand, and the Rest of Asia-Pacific. In 2023, Japan is expected to dominate the market, supported by a substantial number of hospitals and strong government support for adopting advanced healthcare facilities, including EMR and telemedicine systems.

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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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Last Updated May 31, 2024