The global telemedicine cart market size is anticipated to expand at a CAGR of 22% during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing number of integrated solutions for telemedicine carts. Moreover, the growing awareness about telemedicine carts is driving the market growth.
Telemedicine carts are systems that are embedded with cameras and displays and have access to network of physicians to help the patient with the treatment or for the evaluation of symptoms. The physician provide remote diagnosis to patients by means of telecommunication technology. A telemedicine cart may feature flexible handles, pneumatic height adjustment, and antimicrobial work surfaces for easy handling of the equipment.
These carts are designed to enhance the workflow of advanced health services thorough advanced telecommunication features. Increasing advancement in healthcare technology is anticipated to boost the demand for telemedicine carts. Telemedicine carts facilitate the delivery of health services to area that lack hospitals for the treatment of major diseases. They can be used for clinical, educational and administrative purposes, which can create huge opportunity for the telemedicine carts market
Increasing popularity and increasing utilization of artificial intelligence (AI) technology in the telemedicine market is anticipated to spur the telemedicine cart market. The ongoing innovation in the healthcare sector, increasing awareness about telemedicine carts among patients, government health agencies, and insurance companies is expected to positively influence the market growth.
Market Trends, Drivers, Restraints, and Opportunities:
- Most convenient method for consumers to access care while reducing clinics visits and travel time which will significantly boost the telemedicine carts
- Declining overall healthcare expenses due to use of telemedicine services is expected to the demand for telemedicine carts.
- Increasing prevalence of infectious diseases may propel the telemedicine cart market.
- High cost of installation of the telemedicine solutions can hinder the growth of the telemedicine carts market.
- Increasing collaboration of small scale manufacture with large scale manufactures to create better investment opportunities can boost the telemedicine cart market in the forecast period.
Scope of the Report
The report on the global telemedicine cart market research report includes an assessment of the market, trends, segments, and regional markets.
Telemedicine Cart Market- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Types (Dual Display Medical Carts and Single Display Medical Carts) and Applications (Clinics & Hospitals, Field Medical Training, Earthquake Relief, and Others)
North America, Latin America, Europe, Asia Pacific and Middle East & Africa
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Capsa Healthcare, Meytec, GlobalMed, Afc Industries, AVTEQ, Cura Carts, and Cisco Systems
Global Telemedicine Cart Market Segment Insights
Dual display medical cart to account a large market share
Based on types, the market is segmented into dual display medical carts and single display medical cart. The dual display medical carts segment is anticipated to account for a large market share during the forecast period. Dual display medical carts has ergonomic design feature and provides caregivers with ultimate comfort, convenience, and flexibility. These carts have accessories to store, organize, and secure items easily. Moreover, they reduces maintenance costs with interchangeable components.
Hospital & clinics segment to account a significant market share
On the basis of applications, the global telemedicine cart market is segmented into clinics & hospitals, field medical training, earthquake relief, and others. The hospitals & clinics segment is leading the telemedicine cart market. This is due to increasing expenditure on healthcare infrastructure. Furthermore, increasing focus on patient engagement and promotion of EHR incentive programs in hospitals to increase patient involvement is driving the segment growth.
North America to dominate the market
In terms of regions, the global telemedicine cart market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominant the market owing to increasing advancement in the healthcare technology and rising government funding to provide telemedicine services. The market in Europe is expected to grow at a significant CAGR owing to increasing investment in research and development and improvement in healthcare services.
Segments Covered in the Report
The global Telemedicine Cart market has been segmented on the basis of
- Dual Display Medical Cart
- Single Display Medical Cart
- Clinic & Hospitals
- Field Medical Training
- Earthquake Relief
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- Capsa Healthcare
- Afc Industries
- Cura Carts
- Cisco Systems
Key players operating in the global telemedicine cart market include Capsa Healthcare, Meytec, GlobalMed, Afc Industries, AVTEQ, Cura Carts, and Cisco Systems.