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03                                         REVENUE                                                                          CART SALES                                                                    03
















                                                                                                                                                                                            2.07%

                                                                                                                                       Emergency Carts                                      Procedure Carts market the

                REVENUE BY REGION
                                                                                                                                       market accounted the highest rev-                    second largest, and is esti-
                                                                                                                                       enue of USD 1,652.5 Million in 2016                  mated to generate revenue
                        North America currently takes the lead in medical cart purchasing but                                          and it is expected to reach USD                      of USD 777.2 Million in 2016
                        Asia-Pacific has the highest growth rate and is expected to continue this
                        trend.                                                                                                         1,807.8 Million in 2020, growing at                  and is expected to reach USD
                                                                                                                                       an estimated CAGR of 2.38 %                          840.0 Million in 2020, with a
                        This is attributed to an increase in sizeable population, rise in incidence of                                                                                      CAGR of 2.07% from 2017 to
                        diseases and injuries, healthcare infrastructural development, and huge                                                                                             2020.
                        market potential, owing to the arrival of new and robust carts by key play-
                        ers focusing on the emerging markets.                                                                                                                                                                         APPLICATION CAGR
















































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                                                                                                        MEDICAL                    PRODUCTS
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