/ Report Details / Medical Casters Market

Medical Casters Market, by Product (Computer Casters, Emergency Casters, Procedure Casters, Anaesthesia Casters, Food Delivery Casters, and Medication Casters), By Geography (North America, Europe, Asia Pacific and Rest of the World) Analysis, Share, Trends, Size, & Forecast From 2014 2025

Report Code: AV231

Industry: Healthcare

Publiced On: 2020-03-01

Pages: 130

Format: ppt pdf

REPORT HIGHLIGHT

The medical casters market was valued at USD 3.61 billion by 2017, growing with 4.3% CAGR during the forecast period, 2018-2025

Market Dynamics

Casters are wheeled devices which are mounted on various objects for their easy rolling. Medical wheels are popularly used in health care, pharmaceutical and institution industries where there is need of unique motion control. These assemblies can move in various axis and can bear any kind of environment. For instance, caster is also suitable for washed-down areas, sterile areas or areas of corrosive elements. With a need to help medical and surgical staff, the market is expected to fuel up in the forecast period. The industrial caster has wide applications, but the primary objective of all remains the same I.e. transport items. However, the choice of suitable wheel depends on the item which needs to carry. For instance, medical equipment casters play a pivotal role in health care industry. They are used to transport patients and hence they should never fail.

Advancement in medical equipment has given birth to light weight medical appliances. But even they are light; they should be transported with utmost attention. Casters often carry extremely expensive medical equipment and hence they should support up and down rolling. It is estimated that 10% of back injuries are related with the pulling and pushing tasks. And this reason is estimated to increase the demand of caster wheel over the years.

Globally with the rise in number of hospitals and clinics, the market is expected to grow at an excellent CAGR. Caster wheels are responsible for easy mobility of patients in hospitals. However, aspects like noisy wheels and rolling resistance may hinder the market growth in future. Also the plastic material used while manufacturing may hinder its growth.

Product Takeaway

By product, the market is divided into computer, procedure, anaesthesia, emergency, food delivery, and medication casters. Emergency casters can be cleaned easily and comprise of drugs which are helpful in emergency situation like cardiac arrest. Improved mobility, light weight and enhanced ergonomics are some of the factors which has allowed emergency casters to grab maximum revenue. It has captured 35% of total revenue share globally.

Computer caster is operated by battery. Moreover, the advanced designs and changing ergonomics are anticipated to propel the demand. Vendors are trying their best to come up with easy-to-implement technologies for remaining ahead in the market.

analystview report
Regional Takeaway

In 2016 North America collected the largest revenue and it is expected to rise exponentially in the coming years. Streamlined health care and presence of integrated health care IT system are some of the aspects responsible for regional dominance in the market. Companies manufacturing medical devices are emphasizing more on innovative medical carts on wheels for meeting consumers’ requirements. For this, manufacturers are coming up with products like battery operated clinical workstations, security drawers and automated dispensing systems.

Asia Pacific region is anticipated to receive lucrative growth with their focus on manufacturing cost-effective devices which can deliver high efficiency. Moreover, global players are collaborating with local vendors because of low cost labor and raw material, supporting this regional growth to great extent.

Key Vendor Takeaway

This market is fragmented in itself and comprise of various small and large scale companies. Some of the key vendors of the market are Haion Caster Industrial Limited, Colson Group, Tente, Albion, Foshan Globe Caster Limited, Xiangrong Caster Manufacturing Company, Flywheel Metalwork Ltd., Germany Blickle, and Shepherd Caster.

Companies are focusing on product innovation, mergers and acquisitions and regional expansion for gaining an edge in the market. Moreover, with the demand of advanced health care IT solutions and increase in patient care and safety, the market is estimated to fuel up in the coming years.

The market size and forecast for each segment and sub-segments has been considered as below:

  • Historical Year – 2014 & 2016
  • Base Year – 2017
  • Estimated Year – 2018
  • Projected Year – 2025

TARGET AUDIENCE

  • Traders, Distributors, and Suppliers
  • Manufacturers
  • Government and Regional Agencies and Research Organizations
  • Consultants
  • Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

  • Computer Casters
  • Procedure Casters
  • Anaesthesia Casters
  • Emergency Casters
  • Food Delivery Casters
  • Medication Casters
  • Others

MARKET, BY REGION

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

TABLE OF CONTENT

1. MEDICAL CASTERS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. MEDICAL CASTERS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. MEDICAL CASTERS INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. MEDICAL CASTERS MARKET LANDSCAPE
5.1. Market Share Analysis
6. MEDICAL CASTERS MARKET – BY PRODUCT
6.1. Overview
6.2. Computer Casters
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.3. Procedure Casters
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.4. Anaesthesia Casters
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.5. Emergency Casters
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.6. Food Delivery Casters
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.7. Medication Casters
6.7.1. Overview
6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.8. Others
6.8.1. Overview
6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7. MEDICAL CASTERS MARKET– BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.2.3. U.S.
7.2.3.1. Overview
7.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.2.4. Canada
7.2.4.1. Overview
7.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3. Europe
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.3. France
7.3.3.1. Overview
7.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.4. Germany
7.3.4.1. Overview
7.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.5. Rest of Europe
7.3.5.1. Overview
7.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.4. Asia Pacific
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.4.3. China
7.4.3.1. Overview
7.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.4.4. India
7.4.4.1. Overview
7.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.4.5. Rest of APAC
7.4.5.1. Overview
7.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.5. Rest of the World
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.5.3. Latin America
7.5.3.1. Overview
7.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.5.4. Middle East and Africa
7.5.4.1. Overview
7.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8. KEY VENDOR ANALYSIS
8.1. Haion Caster Industrial Limited
8.1.1. Company Overview
8.1.2. SWOT Analysis
8.1.3. Key Developments
8.2. Colson Group
8.2.1. Company Overview
8.2.2. SWOT Analysis
8.2.3. Key Developments
8.3. Tente
8.3.1. Company Overview
8.3.2. SWOT Analysis
8.3.3. Key Developments
8.4. Albion
8.4.1. Company Overview
8.4.2. SWOT Analysis
8.4.3. Key Developments
8.5. Foshan Globe Caster Limited
8.5.1. Company Overview
8.5.2. SWOT Analysis
8.5.3. Key Developments
8.6. Xiangrong Caster Manufacturing Company
8.6.1. Company Overview
8.6.2. SWOT Analysis
8.6.3. Key Developments
8.7. Flywheel Metalwork Ltd.
8.7.1. Company Overview
8.7.2. SWOT Analysis
8.7.3. Key Developments
8.8. Germany Blickle
8.8.1. Company Overview
8.8.2. SWOT Analysis
8.8.3. Key Developments
8.9. Shepherd Caster
8.9.1. Company Overview
8.9.2. SWOT Analysis
8.9.3. Key Developments
9. 360 DEGREE ANALYSTVIEW
10. APPENDIX
10.1. Research Methodology
10.2. Abbreviations
10.3. Disclaimer
10.4. Contact Us

List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Medical Casters Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
Table 10 Medical Casters Market, by Product, 2014 – 2025 (USD Billion)
Table 11 Medical Casters Market, by Geography, 2014 – 2025 (USD Billion)
Table 12 North America Medical Casters Market, 2014 – 2025 (USD Billion)
Table 13 U.S. Medical Casters Market, 2014 – 2025 (USD Billion)
Table 14 Canada Medical Casters Market, 2014 – 2025 (USD Billion)
Table 15 Europe Medical Casters Market, 2014 – 2025 (USD Billion)
Table 16 France Medical Casters Market, 2014 – 2025 (USD Billion)
Table 17 Germany Medical Casters Market, 2014 – 2025 (USD Billion)
Table 18 Asia Pacific Medical Casters Market, 2014 – 2025 (USD Billion)
Table 19 China Medical Casters Market, 2014 – 2025 (USD Billion)
Table 20 India Medical Casters Market, 2014 – 2025 (USD Billion)
Table 21 Latin America Medical Casters Market, 2014 – 2025 (USD Billion)
Table 22 MEA Medical Casters Market, 2014 – 2025 (USD Billion)

List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Medical Casters Market, by Product, 2014 – 2025 (USD Billion)
Figure 6 Medical Casters Market, by Geography, 2014 – 2025 (USD Billion)

Choose License Type
assit assit

Tailor made solution just for you

80% of our clients seek made-to-order reports. how do you want us to tailor yours?
📧 Talk to Analyst

We have 24/7 dedicated support team.

Get in Touch

© 2023. All rights reserved: AnalystView Market Insights