Medical Equipment Cooling Market to Witness High Demand Due to Increasing Cancer Cases

Medical Equipment Cooling Market is forecasted to grow to an estimated value of USD 249.02 million by 2026 with factors such as risk associated with the corrosion in cooling systems and rising concern associated with the use of environmentally harmful refrigerants hampering the market growth.

Medical equipment cooling market has shown a significant adoption rate and preferences from the Asia- Pacific with countries such as China, India and Japan. Rising healthcare spending and rising awareness about optimal thermal management of medical equipment are some of the factors accelerating the market demand in the region.

Medical Equipment Cooling Market

Medical Equipment Cooling Market Scenario

According to Data Bridge Market Research the medical equipment cooling market in developing regions is witnessing a growth in terms of its adoption rate, due to rising cases of cancers, increasing number of hospitals & diagnostic centers, advancement in the diagnostic imaging technologies and rising awareness about the advantages of medical equipment cooling.

Now the question is which are the regions that medical equipment cooling market players should target? Data Bridge Market Research has forecasted market leaders to target Asia- Pacific developing regions to help them in attaining better volume of revenue generation.

Medical equipment cooling market is becoming more competitive every year with liquid-based cooling currently being the largest market type for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the medical equipment cooling market.

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Medical Equipment Cooling Market Development

Boyd Corporation announced the acquisition of Lytron in July 2019. This acquisition will help the company to meet the rising demand for liquid cooled solutions and will be able to provide heat exchangers and liquid cold plates in medical & aerospace markets. With this, the company will be able to strengthen their market position and enhance their product offering.

Scope of the Medical Equipment Cooling Market

Medical equipment cooling market on the basis countries is segmented into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa.

All country based analysis of the medical equipment cooling market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into liquid based cooling and air based cooling. Compressor segment of the market is divided into scroll, screw, centrifugal and reciprocating. Configuration segment is divided into packaged, modular and split. Application segment of the medical equipment cooling market is divided into medical devices and analytical & laboratory equipment. On the basis of end- users, the market is divided into original equipment manufacturers, hospitals, laboratories, & outpatient clinics, independent diagnostic & laboratories, treatment centers, and other.

Medical cooling systems are used during diagnostic procedures to decrease the heat load which is produced by medical equipment. Some of the common types of medical equipment cooling are liquid based and air based. These medical cooling systems provide high quality care to the patients and increase the shelf life of the imaging devices. They are mainly designed so that medical equipment can be maintained and patient can get required assistance when they need it.

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Key Pointers Covered in the Medical Equipment Cooling Market Industry Trends and Forecast to 2026

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Legacy Chiller Systems, Inc.
  • American Chillers
  • General Air Products
  • Advanced Cooling Technologies, Inc.
  • Aspen Systems Inc
  • Filtrine Manufacturing Company
  • Laird Thermal Systems
  • Air Products and Chemicals, Inc.
  • Drake Refrigeration Inc.
  • Pelonis Technologies, inc.
  • Peter Huber Kältemaschinenbau AG
  • TITAN Technology Limited
  • METRUM CRYOFLEX Sp. z o.o., Sp. k.
  • Lytron, Motivair Corporation
  • Whaley Products, Inc.
  • Johnson Thermal Systems
  • Haskris, IDEX
  • Kkt Chillers

Above are the key players covered in the report to know about more and exhaustive list of medical equipment cooling companies, contact us

Research Methodology: Global Medical Equipment Cooling Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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