U.S. Medical Carts Market Expected To Grow At CAGR Of 12.40% From 2024 To 2030
U.S. Medical Carts Industry Overview The U.S. medical carts market size was estimated at USD 904.55 million in 2023 and is projected to grow at a CAGR of 12.4% from 2024 to 2030. Increasing adoption of electronic medical records (EMR) in hospitals is a key factor driving the medical carts market. The growing investments in healthcare by the government & private sector and the presence of key players in the U.S. are some of the key factors boosting the adoption of EMRs in hospitals. According to statistics published in CMS.gov, in December 2023, the U.S. healthcare expenditure increased by 4.1% in 2022, reaching USD 4.5 trillion per person, which accounted for a 17.3% share of the country’s GDP. An increase in awareness among healthcare professionals and the adoption of patient engagement solutions in this country are key factors propelling the global medical carts market growth. Medical errors are the 3rd leading cause of death, after heart disease and cancer. For instance, a...