Global Surgical Case Carts Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 415.36 Million |
| Market Size (2029) | USD 590.5 Million |
| CAGR (2024 - 2029) | 7.29 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Global Surgical Case Carts Market Analysis
The Global Surgical Case Carts Market size is estimated at USD 415.36 million in 2024, and is expected to reach USD 590.5 million by 2029, growing at a CAGR of 7.29% during the forecast period (2024-2029).
The growing burden of chronic diseases among the population raises the need for surgeries, which is anticipated to fuel the demand for surgical case carts. For instance, according to the data updated by the Organisation for Economic Co-operation and Development, in June 2024, about 725 thousand cataract surgeries were performed in Czechia, followed by 142 thousand in Czechia and 97 thousand in Portugal in 2022. This shows the significantly high number of surgeries in various countries, which is expected to increase the usage of surgical case carts while performing surgical procedures, thereby boosting the market's growth.
The rising volume of surgical procedures is driving the demand for surgical case carts, essential for organizing instruments during operations, thereby fueling market expansion. For instance, according to the American Society of Plastic Surgeons data published in September 2023, about 26 million surgical and minimally invasive cosmetic and reconstructive procedures were performed in the United States in 2022, a significantly high number compared with previous years. Hence, the high number of surgical procedures drives the market's growth.
Moreover, as healthcare spending rises, hospitals are enhancing their infrastructure, which is expected to increase the procurement of surgical case carts, hence anticipated to drive the market's growth during the forecast period. For instance, according to the Organisation for Economic Co-operation and Development, in the June 2024 update, the estimated per capita healthcare expenditure in Canadian hospitals was reported to be USD 2,013 in 2022, a significantly high healthcare expenditure. Therefore, the high per capita spending on hospitals is expected to lead to increased adoption of healthcare infrastructure, thereby leading to the adoption of surgical case carts in surgical rooms, driving the market's growth.
Therefore, the studied market is expected to grow during the forecast period due to factors such as the high burden of surgical procedures and increasing healthcare expenditure in hospitals. However, the lack of infrastructure in developing countries is expected to hinder the market's growth during the forecast period.
Global Surgical Case Carts Market Trends
The Ambulatory Surgical Centers Segment is Expected to Witness Growth During the Forecast Period
Ambulatory surgical centers (ASCs) are modern medical facilities that provide same-day surgical care, including diagnostic and preventive procedures. They are also known as outpatient surgical centers, where procedures do not require hospital admissions. Owing to the rising demand for ASC services in various countries, the ambulatory surgical centers (ASCs) segment is expected to grow significantly during the forecast period.
In addition, ASCs have been a popular alternative to inpatient hospital settings because of their flexible scheduling options, calmer and more pleasant surroundings, and a growing number of emergency cases, which are expected to fuel growth in the ambulatory surgical center segment.
Additionally, the increasing development of new surgical centers raises the demand for surgical case carts, which is anticipated to fuel the segment growth over the forecast period. For instance, in May 2024, Panoramic Health opened a new 10,000-square-foot, five-operating-room Ambulatory Surgery Center (ASC) in Florida in partnership with Florida Kidney Physicians (FKP). This new ASC needs proper surgical case carts to smooth workflow, and hence, the latest establishment of the new ASCs is expected to boost the segment's growth during the forecast period.
Furthermore, the growing focus of the companies on adopting key strategies, such as agreements, acquisitions, and collaboration, is expected to fuel the development of surgical case carts in the market, contributing to the segment's growth. For instance, in June 2022, United Surgical Partners International (USPI) and United Urology Group (UUG) signed a definitive agreement to form a joint venture partnership in 22 outpatient surgical centers (ASCs). As per the terms of the agreement, USPI partially acquires new and well-established facilities owned by UUG in Maryland, Colorado, and Arizona. These establishments increase the need for surgical case carts across healthcare facilities, which is likely to drive the segment's growth.
Therefore, with the growing number of ambulatory surgical centers and company strategies, the demand for surgical case carts is expected to increase, which is anticipated to surge growth in the ambulatory surgical center segment during the forecast period.
North America is Expected to Have a Significant Market Share During the Forecast Period
North America is expected to witness significant growth in the surgical case carts market during the forecast period. The factors contributing to the market's growth are the increasing number of surgeries owing to various chronic conditions and growing expenditures on developing new and innovative products as healthcare expenditures increase in the region.
The rising number of cancer cases in the region is expected to increase the demand for cancer surgeries, which is anticipated to fuel the demand for surgical case carts during the forecast period. For instance, according to the 2024 statistics published by the American Cancer Society, about 2 million new cancer cases are expected to be diagnosed in the United States in 2024, compared to 1.95 million cancer cases reported in 2023. Similarly, as per the statistics published by the Canadian Cancer Society, in November 2022, about 233,900 people were diagnosed with cancer in Canada in 2022. Hence, the increasing burden of cancer increases the need for surgeries using surgical case carts, thereby boosting the market's growth during the study period.
Furthermore, the government is focusing on increasing healthcare and hospital investments to ensure accessible, public, and high-quality healthcare, which is expected to propel the market's growth during the forecast period. For instance, in March 2022, the federal government introduced Bill C-17 in the House of Commons, which provided USD 2 billion in additional healthcare funding to clear 700,000 surgeries and other medical procedures delayed by the COVID-19 pandemic and support hundreds of thousands of further surgeries. Thus, the increase in surgeries is expected to create demand for surgical case carts used for assistance and ease during procedures, hence anticipated to augment the market's growth during the forecast period.
Moreover, in April 2022, the Jalisco government, Mexico, planned to invest more than USD 301.5 million in healthcare infrastructure over the next three years to build new hospitals and healthcare centers and upgrade existing ones. The 'Mexican Social Security Institute (IMSS)' also planned to invest USD 677.2 million to create 111 new hospitals by 2024. Thus, the rising investments in healthcare infrastructure provide a new opportunity for establishing surgical case carts in hospital and clinic settings, bolstering the market's growth across the region.
Therefore, the studied market is expected to grow during the forecast period due to the rising number of cancer cases requiring surgical interventions and the growing government focus on increasing healthcare and hospital infrastructure.
Global Surgical Case Carts Industry Overview
The surgical case carts market is moderately consolidated and consists of several major players. The competitive landscape includes an analysis of a few well-known international and local companies that hold market shares. These market players are involved in acquisitions and manufacturing expansion to expand their presence in various locations. Some of the key players in the surgical case carts market include Bailida Medical, Capsa Healthcare, Lakeside Manufacturing Inc., MAC Medical Inc., and Pedigo Products.
Global Surgical Case Carts Market Leaders
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Lakeside Manufacturing, Inc.
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MAC Medical, Inc.
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Pedigo Products
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Capsa Healthcare
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Bailida Medical
*Disclaimer: Major Players sorted in no particular order
Global Surgical Case Carts Market News
- July 2024: Mobile Aspects, a healthcare logistics platform provider, launched a new health system mobile inventory solution called SurgiCart, which is only an RFID mobile case cart designed to solve tracking and locating supplies in a rapidly moving, ever-changing healthcare environment.
- July 2023: Capsa Healthcare, a provider of innovative workflow solutions for medical facilities, bolstered its global standing by acquiring MASS Medical Storage. MASS Medical Storage specializes in top-tier medical storage systems, notably case carts.
- July 2023: Blickman Industries LLC, a company that offers medical equipment, including surgical case carts, planned to invest USD 2.7 million to establish manufacturing operations in Lawrenceburg, Tennessee, United States.
Surgical Case Carts Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Number of Surgeries
4.2.2 Rising Healthcare Expenditure
4.3 Market Restraints
4.3.1 Lack of Infrastructure in Developing Countries
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION ( (Market Size by Value - USD)
5.1 By Type
5.1.1 Open Case Cart
5.1.2 Close Case Cart
5.2 By End User
5.2.1 Hospitals and Clinics
5.2.2 Ambulatory Surgical Centers
5.2.3 Other End Users
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Bailida Medical
6.1.2 Steris PLC
6.1.3 Capsa Healthcare
6.1.4 Future Health Concepts
6.1.5 Intermetro Industries Corporation
6.1.6 Lakeside Manufacturing Inc.
6.1.7 MAC Medical Inc.
6.1.8 Pedigo Products
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Global Surgical Case Carts Industry Overview
As per the scope of the report, a surgical case cart can be defined as a specially prepared cart that contains all the supplies essential for the care and aseptic technique required by the surgical team to perform a total procedure for a particular patient.
The surgical case carts market is segmented by type, end user, and geography. By type, the market is segmented into open case cart and closed case cart. By end user, the market is segmented into hospitals and clinics, ambulatory surgical centers, and other end users. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report offers the value (USD) for the above segments.
| By Type | |
| Open Case Cart | |
| Close Case Cart |
| By End User | |
| Hospitals and Clinics | |
| Ambulatory Surgical Centers | |
| Other End Users |
| Geography | ||||||||
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Surgical Case Carts Market Research FAQs
How big is the Global Surgical Case Carts Market?
The Global Surgical Case Carts Market size is expected to reach USD 415.36 million in 2024 and grow at a CAGR of 7.29% to reach USD 590.5 million by 2029.
What is the current Global Surgical Case Carts Market size?
In 2024, the Global Surgical Case Carts Market size is expected to reach USD 415.36 million.
Who are the key players in Global Surgical Case Carts Market?
Lakeside Manufacturing, Inc., MAC Medical, Inc., Pedigo Products, Capsa Healthcare and Bailida Medical are the major companies operating in the Global Surgical Case Carts Market.
Which is the fastest growing region in Global Surgical Case Carts Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Surgical Case Carts Market?
In 2024, the North America accounts for the largest market share in Global Surgical Case Carts Market.
What years does this Global Surgical Case Carts Market cover, and what was the market size in 2023?
In 2023, the Global Surgical Case Carts Market size was estimated at USD 385.08 million. The report covers the Global Surgical Case Carts Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Surgical Case Carts Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Surgical Case Carts Industry Report
Statistics for the 2024 Surgical Case Carts market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Surgical Case Carts analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Surgical Case Carts Market Report Snapshots
