Medical Casters Market

Global Medical Casters Market Size (2023 to 2028)

The global medical casters market size is expected to be worth USD 4.84 billion by 2028 from USD 3.92 billion in 2023, growing at a CAGR of 4.3% between 2023 to 2028.

Medical Casters are used in the beds with central locking systems. A caster is a wheeled device that is mounted to larger objects to have easy rolling movement. Medical caster has an immense role in various applications such as hospital beds, equipment carts, surgical tables, etc. They also develop an automatic locking system to reduce the risk of injuries for the users during work. The important thing for the equipment is to have high tolerance over high load capacities. Medical caster provides easy operations on different floors with tight spaces.

The growing number of surgical cases of various health disorders across the world is a significant factor propelling this market's growth. Increasing prevalence to have easy handling of patients is driving the demand of the market to the extent. The rise in the need for an increased production rate of hospital beds and the growing flow of patients is accelerating the growth of the medical caster market. The increasing geriatric population and rise in personalized medicine demand, rising capital income in both developed and developing countries and growing demand for non-invasive minimal surgeries boost the growth rate of the market.

However, fluctuations in the process of the final equipment are slowly restraining the demand of the market. Rapid changes in economic strategies may also hinder the growth rate of this market.

REPORT COVERAGE:

This research report on the global medical casters market has been segmented and sub-segmented based on the product and region.

Medical Casters Market - By Product:

• Computer Casters
• Procedure Casters
• Anesthesia Casters
• Emergency Casters
• Food Delivery Casters
• Medication Casters
• Others

Based on the product, the computer casters segment held the major share of the global market in 2022 and is anticipated to hold a notable share of the worldwide market during the forecast period owing to the growing number of government schemes in favour of medical casters and implementation of reimbursement schemes in favor of ordinary people.  

Medical Casters Market - By Region:

• North America
  • The U.S.
  • Canada
  • Rest of North America
• Europe
  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America
• Middle East
• Africa

Regionally, North America accounted for a major share of the worldwide market in 2022 and the regional domination is anticipated to continue throughout the forecast period owing to the rapid adoption of technological developments and the launch of innovative designs in the medical sector. 

The Asia Pacific follows North America held a substantial share of the global market in 2022 and is expected to grow promisingly during the forecast period due to the growing aging population and increasing spending on healthcare.

Europe accounted for a considerable share of the global market in 2022 and is predicted to register a noteworthy CAGR in the coming years. Growing investments in hospitals to improve treatment procedures with quality services are leveraging regional market growth.

Latin America and the Middle East & Africa are projected to have substantial growth opportunities shortly.

KEY MARKET PLAYERS:

Some of the companies leading the global medical casters market profiled in this report are Tente, Albion, Foshan Globe Caster Limited, Haion Caster Industrial Limited, Colson Group, Xiangrong Caster Manufacturing Company, Flywheel Metalwork Ltd, Germany Blickle, and Shepherd Caster.