Medical Devices Industry Reports Global Medical carts | Page 2

REPORT DESCRIPTION
Medical carts Market – Overview
Increasing number of hospitalization cases or hospital visits due to rising incidences of trauma, injury, and
infection are major factors driving the medical carts market growth. For instance, according to World
Health Organization (WHO) factsheet in 2018, each year there are around 37.3 million falls, which
requires medical attention whereas estimated 646,000 individuals die from falls globally every year.
Orthopedic cart includes casts and splints for treatment of strains, sprains, and fractures. Growing cases of
orthopedic trauma is expected to increase demand for orthopedic carts, which will eventually drive growth
of the medical carts market. For instance, according to International Osteoporosis Foundation statistics,
2017, an estimated 8.9 million fractures are caused annually by osteoporosis, resulting in an osteoporotic
fracture every 3 seconds, with around 1.6 million hip fractures occurring globally each year, which is
expected to reach 4.5 million by 2050.
The global medical cart market size was valued at US$ 2.2 billion in 2017, and is expected to witness a
CAGR of 9.7% over the forecast period (2018 – 2026).
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