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The escalating costs of telemedicine carts as they support a wide range of equipment for quickly, easily, and remotely bringing doctors to patients' bedside may hinder the industry outlook. Besides being efficient and user friendly, telemedicine carts can be customized to include monitors, speakers, cameras, and microphones for helping the doctors in virtually meeting their patients, adding to increased costs. Hence, the declining preference for the carts in various small hospitals and clinics will restrict the product uptake to some extent.
North America telemedicine cart market valuation crossed over USD 487 million in 2022 due to the surging awareness as well as higher interest for improved healthcare services.
Global market for telemedicine cart was worth more than USD 825 million in 2022 and may showcase 14.5% CAGR from 2023-2032 due to the influx of innovative solutions and the rising integration of cutting-edge technologies.
Specialty centers will exhibit 15.2% CAGR from 2023-2032 owing to the dire need for rendering better access to healthcare facilities across remote areas.
AFC Industries, AMD Global Telemedicine, American Well, Ergotron, First Healthcare Products (Cura Carts), GlobalMed, Poly, InTouch, and Parsys are few of the leading telemedicine cart industry players.