The global medical cooling system market was valued at $610.3 in 2018 and is expected to reach $828.8 million by 2026, registering a CAGR of 3.9% from 2019 to 2026. Medical cooling systems are widely used to lower down the heat load produced by medical equipment. It is used in variety of medical applications including imaging, lasers, cold storage & testing, and healthcare dehumidification.
In addition, heat reduction from medical devices is needed to reduce thermal stress that can otherwise affect the system because, these devices are used primarily in hospitals, clinics, and centers for diagnostic imaging. However, reducing the medical equipment thermal stress increases the device’s life and helps maintain the reliability.
The major factors that drive the market growth include economic benefits offered by medical chillers, technological advancements that help maintain the equipment in good working condition and achieve the healthcare organization’s objective of quality patient care, and rise in prevalence of chronic diseases. In addition, increasing usage of diagnostic devices, laser treatment, and imaging system is estimated to propel the market growth of medical cooling system in the near future. However, high cost of medical imaging systems hinders the growth of this market.
The medical cooling system market is segmented on the basis type, application, and end user. By type, it is bifurcated into liquid based cooling and air-based cooling. By application, it is segmented into medical imaging systems, medical lasers, analytical & laboratory equipment, and others. On the basis of end user, it is categorized into original equipment manufacturer (OEMs), hospitals and clinics, diagnostic imaging centers, and others end users. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
ü The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
ü It offers a quantitative analysis from 2018 to 2026, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
ü A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
ü Key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.
KEY MARKET SEGMENTS
By Type
• Liquid based cooling
• Air based cooling
By Application
• Medical imaging system
• Medical lasers
• Analytical and laboratory equipment
• Others
By End-user
• Original equipment manufacturer (OEMs)
• Hospitals and clinics
• Diagnostic imaging centers
• Other end users
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Russia
o Rest of Europe
• Asia-Pacific
o China
o Japan
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Middle East
o Africa
o Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
• American Chillers
• Cold Shot Chillers
• Drake Refrigeration, Inc.
• Filtrine Manufacturing Company
• General Air Types, Inc.
• Parker Hannifin Corp.
• Johnson Thermal Systems
• KKT Chillers
• Glen Dimplex Group
• Lytron Inc.
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.1.1. Key Market Segments
3.1.2. Top Investment Pockets
3.2. Top Player Positioning, 2018
3.3. Porters Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Rise In Awareness Towards Uses Of Medical Cooling System By Medical Practitioners
3.4.1.2. Technological Advancements In Medical Cooling Devices
3.4.1.3. Rise In Geriatric Population
3.4.2. Restraints
3.4.2.1. Risk Of Corrosion In Cooling Systems
3.4.3. Opportunities
3.4.3.1. Untapped Developing Economies
Chapter 4: Medical Cooling Systems Market, By Type
4.1. Overview
4.1.1. Market Size And Forecast
4.2. Liquid-Based Cooling
4.2.1. Key Market Trends And Opportunities
4.2.2. Market Size Ad Forecast
4.2.3. Market Analysis, By Country
4.3. Air-Based Cooling
4.3.1. Key Market Trends And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis, By Country
Chapter 5: Medical Cooling Systems Market, By Application
5.1. Overview
5.1.1. Market Size And Forecast, By Application
5.2. Medical Imaging Systems
5.2.1. Market Size And Forecast, By Region
5.2.2. Market Analysis, By Country
5.3. Medical Lasers
5.3.1. Market Size And Forecast, By Region
5.3.2. Market Analysis, By Country
5.4. Analytical & Laboratory Equipment
5.4.1. Market Size And Forecast, By Region
5.4.2. Market Analysis, By Country
5.5. Others
5.5.1. Market Size And Forecast, By Region
5.5.2. Market Analysis, By Country
Chapter 6: Medical Cooling Systems Market, By End User
6.1. Overview
6.1.1. Market Size And Forecast
6.2. Original Equipment Manufacturers (Oems)
6.2.1. Market Size And Forecast, By Region
6.2.2. Market Analysis, By Country
6.3. Hospitals & Clinics
6.3.1. Market Size And Forecast, By Region
6.3.2. Market Analysis, By Country
6.4. Diagnostic Imaging Centers
6.4.1. Market Size And Forecast, By Region
6.4.2. Market Analysis, By Country
6.5. Others
6.5.1. Others Market Size And Forecast, By Region
6.5.2. Market Analysis, By Country
Chapter 7: Medical Cooling Systems Market, By Region
7.1. Overview
7.1.1. Market Size And Forecast
7.2. North America
7.2.1. Key Market Trends, Growth Factors, And Opportunities
7.2.2. Market Size And Forecast, By Country
7.2.2.1. U.S. Medical Cooling Systems Market, By Type
7.2.2.2. U.S. Medical Cooling Systems Market, By Application
7.2.2.3. U.S. Medical Cooling Systems Market, By End User
7.2.2.4. Canada Medical Cooling Systems Market, By Type
7.2.2.5. Canada Medical Cooling Systems Market, By Application
7.2.2.6. Canada Medical Cooling Systems Market, By End User
7.2.2.7. Mexico Medical Cooling Systems Market, By Type
7.2.2.8. Mexico. Medical Cooling Systems Market, By Application
7.2.2.9. Mexico Medical Cooling Systems Market, By End User
7.2.3. North America Medical Cooling Systems Market, By Type
7.2.4. North America. Medical Cooling Systems Market, By Application
7.2.5. North America Medical Cooling Systems Market, By End User
7.3. Europe
7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Country
7.3.2.1. Germany Medical Cooling Systems Market, By Type
7.3.2.2. Germany Medical Cooling Systems Market, By Application
7.3.2.3. Germany Medical Cooling Systems Market, By End User
7.3.2.4. France Medical Cooling Systems Market, By Type
7.3.2.5. France Medical Cooling Systems Market, By Application
7.3.2.6. France Medical Cooling Systems Market, By End User
7.3.2.7. Uk Medical Cooling Systems Market, By Type
7.3.2.8. Uk Medical Cooling Systems Market, By Application
7.3.2.9. Uk Medical Cooling Systems Market, By End User
7.3.2.10. Italy Medical Cooling Systems Market, By Type
7.3.2.11. Italy Medical Cooling Systems Market, By Application
7.3.2.12. Italy Medical Cooling Systems Market, By End User
7.3.2.13. Rest Of Europe Medical Cooling Systems Market, By Type
7.3.2.14. Rest Of Europe Medical Cooling Systems Market, By Application
7.3.2.15. Rest Of Europe Medical Cooling Systems Market, By End User
7.3.3. Europe Market Size And Forecast, By Type
7.3.4. Europe Market Size And Forecast, By Application
7.3.5. Market Size And Forecast, By End User
7.4. Asia-Pacific
7.4.1. Key Market Trends And Opportunities
7.4.2. Market Size And Forecast, By Country
7.4.2.1. Japan Medical Cooling Systems Market, By Type
7.4.2.2. Japan Medical Cooling Systems Market, By Application
7.4.2.3. Japan Medical Cooling Systems Market, By End User
7.4.2.4. China Medical Cooling Systems Market, By Type
7.4.2.5. China Medical Cooling Systems Market, By Application
7.4.2.6. China Medical Cooling Systems Market, By End User
7.4.2.7. Rest Of Asia-Pacific Medical Cooling Systems Market, By Type
7.4.2.8. Rest Of Asia-Pacific Medical Cooling Systems Market, By Application
7.4.2.9. Rest Of Asia-Pacific Medical Cooling Systems Market, By End User
7.4.3. Asia-Pacific Market Size And Forecast, By Type
7.4.4. Asia-Pacific Market Size And Forecast, By Application
7.4.5. Market Size And Forecast, By End User
7.5. Lamea
7.5.1. Key Market Trends, Growth Factors, And Opportunities
7.5.2. Market Size And Forecast, By Country
7.5.2.1. Brazil Medical Cooling Systems Market, By Type
7.5.2.2. Brazil Medical Cooling Systems Market, By Application
7.5.2.3. Brazil Medical Cooling Systems Market, By End User
7.5.2.4. Saudi Arabia Medical Cooling Systems Market, By Type
7.5.2.5. Saudi Arabia Medical Cooling Systems Market, By Application
7.5.2.6. Saudi Arabia Medical Cooling Systems Market, By End User
7.5.2.7. Rest Of Lamea Medical Cooling Systems Market, By Type
7.5.2.8. Rest Of Lamea Medical Cooling Systems Market, By Application
7.5.2.9. Rest Of Lamea Medical Cooling Systems Market, By End User
7.5.3. Lamea Market Size And Forecast, By Type
7.5.4. Lamea Market Size And Forecast, By Application
7.5.5. Lamea Market Size And Forecast, By End User
Chapter 8: Company Profiles
8.1. Allergan Plc
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Type Portfolio
8.1.5. Business Performance
8.1.6. Key Strategic Moves And Developments
8.2. Bausch Health Companies Inc.
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Type Portfolio
8.2.5. Business Performance
8.3. Candela Medical
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Type Portfolio
8.4. Hologic, Inc.
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Type Portfolio
8.4.5. Business Performance
8.4.6. Key Strategic Moves And Developments
8.5. Energist Medical Group
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Type Portfolio
8.6. Fotona, Inc.
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Type Portfolio
8.7. Lumenis, Ltd.
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Type Portfolio
8.7.5. Key Strategic Moves And Developments
8.8. Lutronic, Inc.
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Type Portfolio
8.8.5. Business Performance
8.9. Sisram Medical Ltd.
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Type Portfolio
8.9.5. Business Performance
8.9.6. Key Strategic Moves And Developments
8.10. Sciton, Inc.
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Type Portfolio
8.10.5. Key Strategic Moves And Developments
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