Page 33 - Medical Products Guide_Ashley Durham_Final
P. 33
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
32 33
MEDICAL PRODUCTS
