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03 REVENUE CART SALES 03

2.07%

Emergency Carts Procedure Carts market the

REVENUE BY REGION
North America currently takes the lead in medical cart purchasing but market accounted the highest rev- second largest, and is esti-
Asia-Pacific has the highest growth rate and is expected to continue this enue of USD 1,652.5 Million in 2016 mated to generate revenue
trend. and it is expected to reach USD of USD 777.2 Million in 2016

1,807.8 Million in 2020, growing at and is expected to reach USD
This is attributed to an increase in sizeable population, rise in incidence of
diseases and injuries, healthcare infrastructural development, and huge an estimated CAGR of 2.38 % 840.0 Million in 2020, with a
market potential, owing to the arrival of new and robust carts by key play- CAGR of 2.07% from 2017 to
ers focusing on the emerging markets. 2020. APPLICATION CAGR

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MEDICAL PRODUCTS