Overview


According to FutureWise analysis the market for Medical Cooling Systems in 2023 is US$ 0.75 billion, and is expected to reach US$ 1.03 billion by 2031 at a CAGR of 4.12%.

The medical cooling systems are used for condensing the heat lead that is produced by various medical devices like medical imaging systems, medical lasers and others. These cooling systems are used for enhancing equipment life cycle with the reduction of heat load. Furthermore, these systems are used by various clinics, diagnostic centres and hospitals. Some of the advantages of these systems are reduction in the surface temperature of the device, faster rate of thermal cycling and increased medical device lifespan.

Surging rise in the number of hospitals in emerging countries and rise in the utilization of these cooling devices for cooling down instruments like lasers, MRI, etc. But the risk of corrosion of these systems and these systems being expensive is expected to impede the medical cooling systems market growth. The increasing emphasis of the governments of emerging nations towards improving the healthcare infrastructure is anticipated to create growth opportunities for the market over the coming years. Additionally, the rising affordability of these devices in emerging nations has increased the penetration of these devices in countries like China and India.

By Product

  •   Medical Cooling Equipment
  •   Standard Cooling Equipment
  •   Customized Cooling Equipment
  •   Medical Cooling System Accessories

By Type

  •   Water Cooled Chillers
  •   Air Cooled Chillers

By Model

  •   Packaged Systems
  •   Modular Systems
  •   Split Systems

By Compressor Type

  •   Scroll
  •   Screw
  •   Centrifugal
  •   Reciprocating

By Application

  •   Imaging Applications
    •   Magnetic Resonance Imaging (MRI)
    •   Computed tomography (CT) Scan
    •   Linear Accelerators
    •   Positron-Emission tomography (PET) Scan
    •   Other Imaging Applications
  •   Cold Storage and Testing
  •   Dehumidification
  •   Laser Application

By End User

  •   Original Equipment Manufacturers (OEMs)
  •   Hospitals and Clinics Diagnostic
  •   Diagnostic Imaging Centers

By Region

  •   North America
  •   Europe
  •   Asia-Pacific
  •   Latin America
  •   Middle East and Africa

The market is classified into type, application and region. The type segment is fragmented into liquid-based cooling and air-based cooling. The liquid-based cooling is predicted to hold the largest medical cooling systems market share during the forecast period. The application segment is divided into medical imaging system, medical lasers, analytical and laboratory equipment and others. The medical imaging systems is predicted to lead the market owing to the rising adoption of these devices like CT scan, MRI, etc.

The North America region is expected to dominate the global market owing to the ease of availability of these cooling systems, a strong presence of key market players and increased prevalence of appalling diseases like cancer in the region. The Asia Pacific region, however, is predicted to grow at a faster rate owing to rising popularity, increased efficiency of healthcare infrastructure and implementation of these devices in a wide range of applications like analytical and lab equipment, medical imaging systems, etc.
  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the global medical cooling systems market by product, by type, by model, by compressor type, by application, by end user and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions
  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1 . Years Considered for the Study
         3.2 . Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1 . Secondary Data
          1.1.1 . Key Data from Secondary Sources
         1.2 . Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Medical Cooling Systems Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework on Country Level
         6.1 . Reimbursement Framework
         6.2 . Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1 . Market Driver Analysis
         1.2 . Market Restraint Analysis
         1.3 . Industry Challenges
  • 6.   Market Analysis tools
    •   1. Industry Analysis - Porter’s
         1.1 . Supplier Power
         1.2 . Buyer Power
         1.3 . Substitution Threat
         1.4 . Threat from new entrants
         1.5 . Competitive Rivalry
        2. Pestel Analysis
         2.1 . Political Landscape
         2.2 . Environmental Landscape
         2.3 . Social landscape
         2.4 . Technology landscape
         2.5 . Legal Landscape
  • 7.   Medical Cooling Systems Market, By Product Historical Analysis Forecast 2023-2031 (USD million)
    •   1. Medical Cooling Equipment
        2. Standard Cooling Equipment
        3. Customized Cooling Equipment
        4. Medical Cooling System Accessories

  • 8.   Medical Cooling Systems Market, By Type Historical Analysis Forecast 2023-2031 (USD million)
    •   1. Water Cooled Chillers
        2. Air Cooled Chillers

  • 9.   Medical Cooling Systems Market, By Model Historical Analysis Forecast 2023-2031 (USD million)
    •   1. Packaged Systems
        2. Modular Systems
        3. Split Systems

  • 10.   Medical Cooling Systems Market, By Compressor Type Historical Analysis Forecast 2023-2031 (USD million)
    •   1. Scroll
        2. Screw
        3. Centrifugal
        4. Reciprocating

  • 11.   Medical Cooling Systems Market, By Application Historical Analysis Forecast 2023-2031 (USD million)
    •   1. Imaging Applications
         1.1. Magnetic Resonance Imaging (MRI)
         1.2. Computed tomography (CT) Scan
         1.3. Linear Accelerators
         1.4. Positron-Emission tomography (PET) Scan
         1.5. Other Imaging Applications
        2. Cold Storage and Testing
        3. Dehumidification
        4. Laser Application

  • 12.   Medical Cooling Systems Market, By End User Historical Analysis Forecast 2023-2031 (USD million)
    •   1. Original Equipment Manufacturers (OEMs)
        2. Hospitals and Clinics Diagnostic
        3. Diagnostic Imaging Centers

  • 13.   North America Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Mn) Analysis By Country, 2017-2022
         2.1. U.S.
         2.2. Canada
         2.3. Mexico
         2.3 . Rest of North America
        3 . Market Size (USD Mn) Forecast for North America 2023-2031

  • 14.   Latin America Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (US$ Mn) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Uruguay
         2.3 . Argentina
         2.4. Rest of Latin America
        3 . Market Size (US$ Mn) Forecast for Latin America 2023-2031

  • 15.   Europe Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (US$ Mn) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5 . Switzerland
         2.6. Spain
         2.7. Russia
         2.8. Poland
         2.9. Rest of Western Europe
        15.3 . Market Size (US$ Mn) Forecast for Europe 2023-2031

  • 16.   Asia Pacific Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1 . Introduction
        2 . Historical Market Size (USD Mn) Analysis By Country, 2017-2022
         2.1 . Japan
         2.2 . China
         2.3 . Singapore
         2.4 . Korea
         2.5 . India
         2.6 . Australia and New Zealand
         2.7 . ASEAN
         2.8 . Rest of Asia Pacific
        3 . Market Size (US$ Mn) Forecast for Asia Pacific 2023-2031

  • 17.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1 . Introduction
        2 . Historical Market Size (USD Mn) Analysis By Country, 2017-2022
         2.1 . GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3 . Market Size (US$ Mn) Forecast for MEA 2023-2031

  • 18.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Type and Technology Portfolio, Financial Layouts)
    •         1 Lytron Inc.
                  1.1. Company Overview (HQ, Business Segments, Employee Strength)
                  1.2. Product Portfolio
                  1.3. SWOT Analysis
                  1.4. Financial Overview
                  1.5. Strategic Overview
             2 Filtrine Manufacturing Company.
                  2.1. Company Overview (HQ, Business Segments, Employee Strength)
                  2.2. Product Portfolio
                  2.3. SWOT Analysis
                  2.4. Financial Overview
                  2.5. Strategic Overview
             3 Carrier Corporation
                  3.1. Company Overview (HQ, Business Segments, Employee Strength)
                  3.2. Product Portfolio
                  3.3. SWOT Analysis
                  3.4. Financial Overview
                  3.5. Strategic Overview
             4 Ecochillers Inc.
                  4.1. Company Overview (HQ, Business Segments, Employee Strength)
                  4.2. Product Portfolio
                  4.3. SWOT Analysis
                  4.4. Financial Overview
                  4.5. Strategic Overview
             5 Parker Hannifin Corporation
                  5.1. Company Overview (HQ, Business Segments, Employee Strength)
                  5.2. Product Portfolio
                  5.3. SWOT Analysis
                  5.4. Financial Overview
                  5.5. Strategic Overview
             6 Legacy Chiller Systems Inc.
                  6.1. Company Overview (HQ, Business Segments, Employee Strength)
                  6.2. Product Portfolio
                  6.3. SWOT Analysis
                  6.4. Financial Overview
                  6.5. Strategic Overview
             7 Motivair Corporation
                  7.1. Company Overview (HQ, Business Segments, Employee Strength)
                  7.2. Product Portfolio
                  7.3. SWOT Analysis
                  7.4. Financial Overview
                  7.5. Strategic Overview
             8 Cold Shot Chillers
                  8.1. Company Overview (HQ, Business Segments, Employee Strength)
                  8.2. Product Portfolio
                  8.3. SWOT Analysis
                  8.4. Financial Overview
                  8.5. Strategic Overview    
             9 American Chiller Service Inc.
                  9.1. Company Overview (HQ, Business Segments, Employee Strength)
                  9.2. Product Portfolio
                  9.3. SWOT Analysis
                  9.4. Financial Overview
                  9.5. Strategic Overview
              10 General Air Products Inc.
                  10.1. Company Overview (HQ, Business Segments, Employee Strength)
                  10.2. Product Portfolio
                  10.3. SWOT Analysis
                  10.4. Financial Overview
                  10.5. Strategic Overview
              11 Drake Refrigeration Inc.
                  11.1. Company Overview (HQ, Business Segments, Employee Strength)
                  11.2. Product Portfolio
                  11.3. SWOT Analysis
                  11.4. Financial Overview
                  11.5. Strategic Overview
             12 KKT chillers, Inc. (U.S.)
                  12.1. Company Overview (HQ, Business Segments, Employee Strength)
                  12.2. Product Portfolio
                  12.3. SWOT Analysis
                  12.4. Financial Overview
                  12.5. Strategic Overview
              13 Glen Dimplex Group (Ireland)
                  13.1. Company Overview (HQ, Business Segments, Employee Strength)
                  13.2. Product Portfolio
                  13.3. SWOT Analysis
                  13.4. Financial Overview
                  13.5. Strategic Overview
              14 Johnson Thermal Systems Inc.(U.S.)
                  14.1. Company Overview (HQ, Business Segments, Employee Strength)
                  14.2. Product Portfolio
                  14.3. SWOT Analysis
                  14.4. Financial Overview
                  14.5. Strategic Overview
              15 Whaley Products, Inc. (U.S.)
                  15.1. Company Overview (HQ, Business Segments, Employee Strength)
                  15.2. Product Portfolio
                  15.3. SWOT Analysis
                  15.4. Financial Overview
                  15.5. Strategic Overview

  • 19.  Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations

  • 20.  FutureWise SME Key Takeaway Points for Client
    •    

Partner

Our Clients