Resources
About Us
Asia-Pacific Medical Carts and Workstations Market by Product [Mobile Computer Carts (Telemedicine, Powered, Documentation), Specialized Carts (Anesthesia, Emergency), Medication Carts, Wall Arm, and Medical Storage Cabinet], and End User - Forecast to 2030
Report ID: MRHC - 104944 Pages: 200 Jul-2024 Formats*: PDF Category: Healthcare Delivery: 24 to 72 Hours Download Free Sample ReportThe Asia-Pacific Medical Carts and Workstations Market is projected to reach $3.39 billion by 2030, at a CAGR of 15.4% from 2024 to 2030. Medical carts and workstations aid in the efficient execution of diverse procedures within healthcare facilities. These carts and workstations also store crucial patient information, ensuring timely accessibility and enhancing the quality and effectiveness of care. Different types of carts are strategically equipped with medical instruments, aligned with specific treatment protocols, or for use during emergencies.
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, the development of ergonomic and advanced designs for medical carts and workstations is expected to offer significant market growth opportunities. However, the high costs of medical carts and workstations, the lack of skilled professionals, and the low maneuverability of heavy workstations challenge the market’s growth.
Click here to: Get Free Sample Pages of this Report
EMRs/EHRs enable easy sharing of medical information among patients/consumers, healthcare providers, employers, and payers/insurers. EMRs are legal records created in hospitals and ambulatory environments and are the data source for EHRs. Most developed countries across the globe are deploying electronic medical records (EMRs) as one of the most important initiatives in their healthcare policies. EMRs not only reduce the problems associated with managing paper medical records but also improve the accuracy of medical decisions made by physicians and increase the safety of patients. The benefits of EMR/EHR have led to the development of EMR/EHR workstations. Mobile EHR workstations allow doctors and nurses to go through medical data at the patient’s bedside instead of analyzing the data where the physical workstation is plugged in. These workstations have been adopted by countries where EMR/EHR is implemented. For instance, in Singapore, since 2011, the national electronic health record (EHR) has been progressively deployed to public and private healthcare institutions to support the goal of “One Patient, One Health Record.” The national EHR is owned by the Ministry of Health and managed by Integrated Health Information Services.
Moreover, the pandemic increased healthcare organizations’ reliance on digital/virtual technologies to provide patient care. Healthcare providers switched to more digitally-enabled systems. The rapid transition to telehealth services resulted in increased EHR usage among clinicians. This growth was attributed to increased subscriptions that supported improvements in patient access to healthcare services, such as telehealth platforms that integrate with EHR systems and allow healthcare providers to have video consultations with patients. Thus, the growing implementation of EMR/EHR is expected to further drive the APAC medical carts and workstations market in the coming years.
Healthcare Organizations’ Efforts To Enhance Patient Care, Safety, And Staff Productivity
Medication errors can cause deaths. Low-income and middle-income countries are estimated to have rates of medication-related adverse events similar to those in high-income countries. Preventing errors requires implementing systems and procedures to ensure that the right patient receives the right medication at the right dose via the right route at the right time.
Hence, the latest technologies, such as medical workstations/carts, are being increasingly implemented to facilitate patient safety as they allow clinicians to access data during patient care and provide work surfaces and optional storage drawers to enable nurses to make fewer trips back and forth to the nursing station. Moreover, medical workstations provide access points for patient verification, record keeping, and medication ordering using an Electronic Medical Record (EMR) system, thus helping build an efficient clinical workflow by reducing medical errors. For instance, where nurses are required to distribute medications, the ideal solution is a cart equipped with a laptop and a barcode scanner in which medications can be stored and then dispensed. These carts & workstations provide several benefits, such as reduced time consumption, improved care & safety, better patient documentation, and increased productivity.
In 2024, the Mobile Computing Carts And Workstations Segment is Expected to Dominate the Asia-Pacific Medical Carts and Workstations Market
Among the product types included in the report, in 2024, the mobile computing carts and workstations segment is expected to account for the largest share of the Asia-Pacific medical carts and workstations market. Factors such as the focus on adopting new advanced products and technologies, the rise in utilization of IT in healthcare settings, and the features provided by these carts for easy clinical workflow contributed to the segment’s largest share.
In 2024, the Hospitals Segment is Expected to Dominate the Asia-Pacific Medical Carts and Workstations Market
Among the end users included in the report, in 2024, 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 hospital expenditures for infrastructure, the rising number of emergency admissions, the need for improved patient care and safety, and the adoption of technologically advanced products. In May 2020, Ergotron (U.S.) launched CareFit Pro Medical Cart to improve caregiver comfort and streamline hospital workflows. Its caster wheels enable easy, smooth movement of the medical cart between rooms and floors.
China: Fastest-growing Country-level Market
Based on geography, China is slated to record the highest growth rate during the forecast period. A growing economy, rising healthcare expenditure to meet growing medical needs from a large patient base, improving healthcare infrastructures, rising adoption of EHR/EMR, and rising need for efficient medical workflow mainly drive the growth of this market. Healthcare spending in China has shown year-on-year growth. According to The World Bank Group, the health expenditure (% of GDP) increased from 4.94% in 2015 to 5.59 in 2020.
Key Players
The key players profiled in this market study are 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).
Scope of the Report:
Asia-Pacific Medical Carts and Workstations Market Assessment, by Product Type
Asia-Pacific Medical Carts and Workstations Market Assessment, by End Users
Asia-Pacific Medical Carts and Workstations Market Assessment, by Geography
Key questions answered in the report:
The Asia-Pacific medical carts and workstations market study covers the market sizes & forecasts for types of medical carts and workstations used in hospitals, long-term care facilities, and physician offices/clinics. The report includes the value analysis of various segments of the Asia-Pacific medical carts and workstations at the country level.
The Asia-Pacific medical carts and workstations market is projected to reach $3.39 billion by 2030, at a CAGR of 15.4% during the forecast period.
Based on product type, the mobile computing carts and workstations segment is expected to register the highest CAGR during the forecast period. The rising adoption of computers & information technology in healthcare settings has resulted in the development of mobile computing carts and workstations.
Based on end user, the long-term care facility segment is expected to grow with the highest CAGR. An aging population, increased incidence of chronic diseases, and technologically advanced products launched by the vendors for efficient elderly care are the contributing factors.
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. Furthermore, the development of ergonomic and advanced designs for medical carts and workstations is expected to offer significant market growth opportunities.
The key players operating in the Asia-Pacific medical carts and workstations market are 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).
China is projected to offer significant growth opportunities for vendors operating in this market due to the growing healthcare organizations, coupled with the increasing launches of advanced medical carts and workstations.
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Please enter your corporate email id here to view sample report.
Subscribe to get the latest industry updates