The report is titled as ‘Medical Casters Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the medical casters market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. The medical casters market is expected to grow at a significant rate in the near future.
The global medical casters market in 2020 is estimated for more than US$ 3.6 Bn and expected to reach a value of US$ 5.1 Bn by 2028 with a significant CAGR of 4.5%.
Medical Casters Market Definition
The casters are basically wheeled tools that are attached to several different objects for their easy movement and rolling. The casters are enormously utilized in the whole pharmaceutical and healthcare industry as it is where there is a need for exclusive motion control. Owing to this, the casters witness huge demand in the medical and healthcare industry across the world, thereby boosting the growth of the global medical caster market.
In addition to that, the casters have the potential to be in motion in different axes and in various types of environments. For example, a caster is also appropriate for sterile areas or areas of corrosive elements, or washed-down areas. Owing to this, the casters gain more and more momentum in the medical industry, thus the global medical casters market is projected to grow rapidly in the forthcoming years.
Medical Casters Market Dynamics
The casters are mainly designed to assist in moving larger and heavier objects, thus it is attached to the bottom of the large object. The casters are designed hard and rough so that it can work in various strenuous conditions. Attributing to such factors, the casters gain immense traction in the medical field and thus, the global medical casters market is projected to witness significant growth in the upcoming years.
Along with that, the medical casters do not glide or harm the floor as well as it is very economical, which adds more to its stimulating demand in the healthcare industry across the world. Owing to which, the global medical casters market is expected to elevate higher in the near future.
Moreover, the constantly increasing number of patients with various chronic diseases and the rising count of surgeries associated with it across the world is resulting in the growing need for stretchers, ventilators, surgical tables, equipment carts, hospital beds, and many more, which in turn is accelerating the need of medical casters. Hence, the global medical casters market is estimated to observe a positive boost during the forecast timeframe.
Furthermore, the key manufacturers of the global market are focused on designing more advanced features to the medical casters such as lightweight but also strong enough to carry weights in various conditions, which is also expected to propel the growth of the global medical casters market in the upcoming years.
Medical Casters Market Key Players
Some of the key participating players in the medical casters market are
• Haion Caster Industrial Limited
• Colson Group
• Tente
• Albion
• Foshan Globe Caster Limited
• Xiangrong Caster Manufacturing Company
• Flywheel Metalwork Ltd.
• Germany Blickle
• Shepherd Caster
Medical Casters Market Segmentation
The medical casters market is segmented on the basis of product type and region.
By Product Type
• Computer Casters
• Procedure Casters
• Anaesthesia Casters
• Emergency Casters
• Food Delivery Casters
• Medication Casters
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
MMC Overview on Medical Casters Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Medical Casters market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Medical Casters
• Advantages of Medical Casters
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Medical Casters Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Medical Casters Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Medical Casters Market Snapshot
2.4. Global Medical Casters Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Medical Casters Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Medical Casters Market, By Product Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Product Type
3.1.2. BPS Analysis, By Product Type
3.2. Market Revenue (US$Mn) Forecast, By Product Type
3.2.1. Computer Casters
3.2.2. Procedure Casters
3.2.3. Anaesthesia Casters
3.2.4. Emergency Casters
3.2.5. Food Delivery Casters
3.2.6. Medication Casters
3.2.7. Others
3.3. Global Medical Casters Market Attractiveness Index, By Product Type
4. Global Medical Casters Market, By Region
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Region
4.1.2. BPS Analysis, By Region
4.2. Market Revenue (US$Mn) Forecast, By Region
4.2.1. North America
4.2.2. Latin America
4.2.3. Europe
4.2.4. Asia Pacific
4.2.5. Middle East
4.2.6. Africa
4.3. Global Medical Casters Market Attractiveness Index, By Region
5. North America Medical Casters Market Analysis and Forecast, 2020–2028
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Country
5.1.2. BPS Analysis, By Country
5.2. Market Revenue (US$Mn) Forecast, By Country
5.2.1. U.S. Medical Casters Market
5.2.2. Canada Medical Casters Market
5.3. North America Medical Casters Market, By Product Type
5.3.1. Computer Casters
5.3.2. Procedure Casters
5.3.3. Anaesthesia Casters
5.3.4. Emergency Casters
5.3.5. Food Delivery Casters
5.3.6. Medication Casters
5.3.7. Others
5.4. North America Medical Casters Market Attractiveness Index
5.4.1. By Country
5.4.2. By Product Type
6. Latin America Medical Casters Market Analysis and Forecast, 2020–2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market (US$Mn) Forecast, By Country
6.2.1. Brazil Medical Casters Market
6.2.2. Mexico Medical Casters Market
6.2.3. Argentina Medical Casters Market
6.2.4. Rest of Latin America Medical Casters Market
6.3. Latin America Medical Casters Market, By Product Type
6.3.1. Computer Casters
6.3.2. Procedure Casters
6.3.3. Anaesthesia Casters
6.3.4. Emergency Casters
6.3.5. Food Delivery Casters
6.3.6. Medication Casters
6.3.7. Others
6.4. Latin America Medical Casters Market Attractiveness Index
6.4.1. By Country
6.4.2. By Product Type
7. Europe Medical Casters Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market (US$Mn) Forecast, By Country
7.2.1. U.K. Medical Casters Market
7.2.2. Germany Medical Casters Market
7.2.3. Italy Medical Casters Market
7.2.4. France Medical Casters Market
7.2.5. Spain Medical Casters Market
7.2.6. Russia Medical Casters Market
7.2.7. Poland Medical Casters Market
7.2.8. BENELUX Medical Casters Market
7.2.9. NORDIC Medical Casters Market
7.2.10. Rest of Europe Medical Casters Market
7.3. Europe Medical Casters Market, By Product Type
7.3.1. Computer Casters
7.3.2. Procedure Casters
7.3.3. Anaesthesia Casters
7.3.4. Emergency Casters
7.3.5. Food Delivery Casters
7.3.6. Medication Casters
7.3.7. Others
7.4. Europe Medical Casters Market Attractiveness Index
7.4.1. By Country
7.4.2. By Product Type
8. Asia Pacific Medical Casters Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. China Medical Casters Market
8.2.2. India Medical Casters Market
8.2.3. Japan Medical Casters Market
8.2.4. Australia and New Zealand Medical Casters Market
8.2.5. South Korea Medical Casters Market
8.2.6. ASEAN Medical Casters Market
8.2.7. Rest of Asia Pacific Medical Casters Market
8.3. Asia Pacific Medical Casters Market, By Product Type
8.3.1. Computer Casters
8.3.2. Procedure Casters
8.3.3. Anaesthesia Casters
8.3.4. Emergency Casters
8.3.5. Food Delivery Casters
8.3.6. Medication Casters
8.3.7. Others
8.4. Asia Pacific Medical Casters Market Attractiveness Index
8.4.1. By Country
8.4.2. By Product Type
9. Middle East Medical Casters Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. GCC Countries Medical Casters Market
9.2.2. Israel Medical Casters Market
9.2.3. Oman Medical Casters Market
9.2.4. Rest of Middle East Medical Casters Market
9.3. Middle East Medical Casters Market, By Product Type
9.3.1. Computer Casters
9.3.2. Procedure Casters
9.3.3. Anaesthesia Casters
9.3.4. Emergency Casters
9.3.5. Food Delivery Casters
9.3.6. Medication Casters
9.3.7. Others
9.4. Middle East Medical Casters Market Attractiveness Index
9.4.1. By Country
9.4.2. By Product Type
10. Africa Medical Casters Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. South Africa Medical Casters Market
10.2.2. Egypt Medical Casters Market
10.2.3. North Africa Medical Casters Market
10.2.4. Rest of Africa Medical Casters Market
10.3. Africa Medical Casters Market, By Product Type
10.3.1. Computer Casters
10.3.2. Procedure Casters
10.3.3. Anaesthesia Casters
10.3.4. Emergency Casters
10.3.5. Food Delivery Casters
10.3.6. Medication Casters
10.3.7. Others
10.4. Africa Medical Casters Market Attractiveness Index
10.4.1. By Country
10.4.2. By Product Type
11. Recommendation
11.1. Market Strategy
12. Competitive Landscape
12.1. Competition Dashboard
12.2. List and Company Overview of Global Key Players
12.3. Company Profiles
12.3.1. Haion Caster Industrial Limited
12.3.1.1. Company Overview
12.3.1.2. Financial Overview
12.3.1.3. Product Type Portfolio
12.3.1.4. Key Developments
12.3.1.5. Business Strategies
12.3.2. Colson Group
12.3.3. Tente
12.3.4. Albion
12.3.5. Foshan Globe Caster Limited
12.3.6. Xiangrong Caster Manufacturing Company
12.3.7. Flywheel Metalwork Ltd.
12.3.8. Germany Blickle
12.3.9. Shepherd Caster
13. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global medical casters market in 2020 is estimated for more than US$ 3.6 Bn and expected to reach a value of US$ 5.1 Bn by 2028 with a significant CAGR of 4.5%.
What are the key factors driving the growth of market?
The constantly increasing number of patients with various chronic diseases and the rising count of surgeries associated with it across the world is resulting in the growing need for stretchers, ventilators, surgical tables, equipment carts, hospital beds, and many more, which in turn is accelerating the need of medical casters.
What segments are covered in market report?
The medical casters market is segmented on the basis of product type and region.
What are the key participating players in the market?
Some of the key participating players in the medical casters 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
