Economic benefits offered by medical equipment cooling, technological advancements in diagnostic imaging modalities are the major factors driving the growth of this market.
The global medical equipment cooling market is projected to reach USD 261 million by 2027 from USD 193 million in 2019, at a CAGR of 3.8%.
Additionally, the growing global prevalence of cancer, increasing geriatric population, and growing number of diagnostic centers and hospitals are some of the other major factors driving the growth of this market.
This study involved four major activities in estimating the current size of the medical equipment cooling market. Exhaustive secondary research was done to collect information on the market and its different subsegments.
The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the size of the segments and subsegments.
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Report Objectives:
# To define, describe, and forecast the global medical equipment cooling market on the basis of type, compressor, configuration, application, end user, and region.
# To provide detailed information regarding major factors influencing the growth of the market (such as drivers, opportunities, and industry-specific challenges).
# To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contributions to the total market.
# To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.
# To forecast the revenue of the market segments with respect to four main regions, namely, North America (the US and Canada), Europe (Germany, France, the UK, and RoE), Asia Pacific (China, Japan, India, and RoAPAC), and the Rest of the World.
# To strategically profile the key players and comprehensively analyze their market shares and core competencies.
# To track and analyze competitive developments such as new product launches; agreements, partnerships, and joint ventures; mergers & acquisitions; and research & development activities in the medical equipment cooling market.
Asia Pacific to register highest growth in the medical eqipment cooling market during the forecast period
The medical equipment cooling market is segmented into four regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific region is expected to register highest growth during the forecast period. The increasing awareness of optimal thermal management of medical equipment, increase in healthcare expenditure, and rising geriatric population are some of the major factors driving the growth of the medical equipment cooling market in Asia Pacific.
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.
The packaged systems segment accounted for the largest share of the medical equipment cooling market, by configuration, in 2018
On the basis of configuration, the global medical equipment cooling market is further segmented into modular, packaged, and split systems. The packaged systems segment accounted for the largest share of the medical equipment cooling systems market in 2018. A major advantage associated with these systems is that the components are assembled at a factory, which eliminates the need to design and install these systems. This advantage is a major contributing factor to the large share of the packaged systems segment.
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The major players operating in the medical equipment cooling market include Glen Dimplex Group (Ireland), Legacy Chiller Systems Inc. (US), 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).
An analysis of the market developments between 2016 and 2018 revealed that several growth strategies such as product enhancements and expansions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the medical equipment cooling market.
Global Medical Equipment Cooling Industry is Expecting Major Makeover by 2024
This unique report on World Transformers Market till 2025 presents quality data on the global market revenue, sales, growth rate and leading market players.
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The import and export data along with consumption statistics from major countries is sure to enrich the strategists understanding of the market.Transformers market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Access Full Report with Table of Contents @ https://www.decisiondatabases.com/ip/29390-transformers-market-analysis-reportThe Players mentioned in our reportSiemensABBHitachiSchneiderMitsubishiToshibaXD GroupTBEAChina Electric Equipment Group (CEEG)GEGlobal Transformers Market: Product Segment AnalysisBy cooling pattern:By moistureproof pattern:By phase:By Winding pattern:Global Transformers Market: Application Segment AnalysisElectricity fieldIndustrial equipment Medical equipment Special fieldsGlobal Transformers Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Transformers Market @ https://www.decisiondatabases.com/contact/download-sample-29390There are 10 Chapters to Deeply Display the World Transformers Market.Chapter 1 About the Transformers IndustryChapter 2 World Market Competition LandscapeChapter 3 World Transformers Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Transformers Market Forecast through 2025Chapter 10 Key success factors and Market OverviewPurchase full World Transformers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29390Other Reports by DecisionDatabases.com:World Power Transformers Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)World Telecom Transformers Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
This unique report on World Transformers Market till 2025 presents quality data on the global market revenue, sales, growth rate and leading market players.
The supply chain analysis completes the Transformers market understanding for a new entrant as well as existing players.
The import and export data along with consumption statistics from major countries is sure to enrich the strategists understanding of the market.Transformers market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Access Full Report with Table of Contents @ https://www.decisiondatabases.com/ip/29390-transformers-market-analysis-reportThe Players mentioned in our reportSiemensABBHitachiSchneiderMitsubishiToshibaXD GroupTBEAChina Electric Equipment Group (CEEG)GEGlobal Transformers Market: Product Segment AnalysisBy cooling pattern:By moistureproof pattern:By phase:By Winding pattern:Global Transformers Market: Application Segment AnalysisElectricity fieldIndustrial equipment Medical equipment Special fieldsGlobal Transformers Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Transformers Market @ https://www.decisiondatabases.com/contact/download-sample-29390There are 10 Chapters to Deeply Display the World Transformers Market.Chapter 1 About the Transformers IndustryChapter 2 World Market Competition LandscapeChapter 3 World Transformers Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Transformers Market Forecast through 2025Chapter 10 Key success factors and Market OverviewPurchase full World Transformers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29390Other Reports by DecisionDatabases.com:World Power Transformers Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)World Telecom Transformers Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/