Medical Equipment Cooling Market Growing Steady at 3.8% CAGR and Projected to Reach US$ 233 Million by 2024
Apr 9, 2019
Growth in medical equipment cooling market is largely driven by factors such as the economic benefits offered by cooling systems, technological advancements in diagnostic imaging modalities, growing geriatric population, and rising incidence of cancer.
Pune, India - April 9, 2019 /MarketersMedia/ —
The global medical equipment cooling market is projected to reach US$ 233 Million by 2024 from US$ 193 million in 2019, at a CAGR of 3.8% dominated by air-based cooling segment is to witness higher growth in the medical equipment cooling market during the forecast period. The OEMs segment accounted for the largest share of the medical equipment cooling market in 2018.
Download Free PDF Brochure of Medical Equipment Cooling Market Research Report Now at
http://www.rnrmarketresearch.com/contacts/request-sample?rname=2034572 .
The major players in medical equipment cooling market include Glen Dimplex Group (Ireland), Legacy Chiller Systems Inc. (US), and Filtrine Manufacturing Company, Inc. (US), Laird Technologies, Inc. (US), Cold Shot Chillers (US), KKT Chillers (Germany), General Air Products, Inc. (US), Drake Refrigeration, Inc. (US), Lytron, Inc. (US), Motivair Corporation (US), American Chillers (US), Parker Hannifin Corp (US), Whaley Products Inc. (US), Johnson Thermal Systems (US), and Haskris (US), among others.
The medical equipment cooling market is further categorized into screw, scroll, centrifugal, and reciprocating compressors. The scroll compressors segment is expected to grow at the highest growth rate during the forecast period owing to factors such as decreased vibration levels and the lower risk of refrigerant leakage associated with the use of screw compressors.
The large share of this segment can be attributed to the increasing usage and demand of devices such as diagnostic imaging systems, lasers, and LINAC to meet the increasing prevalence of chronic diseases. Furthermore, the availability of custom cooling solutions by manufacturers to suit the specific requirement of medical equipment manufacturers is adding significant growth opportunities to this end-user segment.
Click Here for Discount on Medical Equipment Cooling Market Now at http://www.rnrmarketresearch.com/contacts/discount?rname=2034572 .
Report studies medical equipment cooling market based on type, compressor, configuration, application, end user, and region. Report also studies factors such as drivers, restraints, and challenges that affect market growth. It analyzes opportunities and challenges in market and provides details of the competitive landscape for market leaders.
Based on end user, the medical equipment cooling market is segmented into original equipment manufacturers (OEMs); hospitals, laboratories, and outpatient clinics; independent diagnostic & treatment centers and laboratories, and other end users.
Breakdown of supply-side primary interviews:
• By Company Type: Tier 1- 25%, Tier 2 -30%, and Tier 3- 45%
• By Designation: C-level- 26%, Director-level - 30%, and Others- 44%
• By Region: North America - 34%, Europe-26%, APAC - 23%, and the RoW-17%
Know More “Medical Equipment Cooling Market by Type (Liquid & Air-based Cooling), Compressor (Scroll, Screw, Centrifugal, Reciprocating), Configuration (Packaged, Modular, Split), Application (MRI, CT, PET, LINAC, Medical Lasers), End User (OEMS, Hospitals & Labs, Diagnostic Treatment Centers & Laboratories) - Global Forecast to 2024” at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=2034572 .
The company manufactures and delivers a wide range of chillers and cooling solutions across the medical, food packaging, plastics, and semiconductor industries in the US and internationally. Glen Dimplex offers active and passive cooling solutions either in integrated or stand-alone modes, for a wide range of medical equipment such as CT, MRI, linear accelerators, and medical laser technology.
Recent Developments:
• In 2018, Laird Technologies (US) enhanced its Tunnel Series TEA which offers an expanded line of cooling capacities ranging up to 100 watts.
• In 2016, KKT Chillers (Germany) established a new service center in Shanghai, China, to meet the increasing demand for chillers in the region.
Contact Info:
Name: Mr. Vishal
Organization: RnRMarketResearch
Address: Tower B5, Office 101, Magarpatta City SEZ, Pune-411013, India
Phone: +1 888 391 5441
Website: http://www.rnrmarketresearch.com/medical-equipment-cooling-market-by-type-liquid-air-based-cooling-compressor-scroll-screw-centrifugal-reciprocating-configuration-packaged-modular-split-application-mri-ct-pet-linac-medical-lase-st-to-2024-market-report.html
Source: MarketersMedia
Release ID: 500220
More News
Microsoft pulls out of UK's largest AI data centre
Tech firm Nscale says it is still committed to building the site in Essex.
Ulanqab steps up building green computing hub
Ulanqab steps up building green computing hub
Oklahoma Families Faced the Hottest Summer Ever and an Electricity Crisis
Record heat and a rising demand for electricity are closing in on Oklahoma families trying to keep the lights on and the AC running.
Global AI governance initiative charts a fairer way to share AI value
Today, AI value is concentrated in a few closed-source giants, and platform companies collect high rents by controlling ecosystem gateways. The Chinese approach instead supports a thriving open source ecosystem.
Gleaning group gives £1m of produce to food banks
Gleaning Cornwall warns that more funding is needed as costs rise sharply.
What is the Budget and what could be in it?
Chancellor John Healey will set out his plans for UK taxes on 28 October.
PBOC: Need reforms, not exchange rates, to address global imbalances
Discussions over the renminbi's exchange rate has intensified as global economic imbalances widen. An International Monetary Fund policy paper published in April said imbalances had widened again after more than a decade of decline. Against this backdrop, the People's Bank of China, China's central bank, issued a detailed statement on October 8 setting out its position on the RMB exchange rate.
China's property recovery gains traction as new policies take effect
China has rolled out a raft of new property policies over the past two months covering the home-sales system, mortgage interest subsidies, and housing provident fund rules, aiming to reduce the sector's high leverage and unlock housing demand.
3 Charts That Explain the Economy as Voters Head to the Polls
Inflation is high, consumer spending is strong and seemingly everything depends on what happens with artificial intelligence.
United’s C.E.O. Says It Should Cost More Not to Sit in the Middle Seat
Scott Kirby of United Airlines said that “it’s expensive to fly airplanes” and that airfares may have further to rise.
Turning the tides: Could hidden sea power energise our coastal towns?
Engineer David Mummery has developed a tidal energy generator that he says can change lives for people living in coastal communities.
'I took a chance on the whisky industry and I haven't looked back'
Zoey Darnbrough had no idea there was a distillery near her home - now she has a top tourism role there.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.