(PharmaNewsWire.Com, December 08, 2021 ) According to the new market research report, "Medical Equipment Cooling Market by Type (Liquid & Air- Cooled Chillers), Compressor (Scroll, Screw, Centrifugal), Configuration (Packaged, Modular, Split), Application (MRI, CT, PET, LINAC), End User (OEMS, Hospital, Labs) - Forecast to 2027", is projected to reach USD 261 million by 2027 from USD 193 million in 2019, at a CAGR of 3.8%.
Browse and in-depth TOC on "Medical Equipment Cooling Market"
Growth in the medical equipment cooling market can be attributed to factors such as economic benefits offered by cooling systems, technological advancements in diagnostic imaging modalities, rising geriatric population, and a growing number of diagnostic centers and hospitals. On the other hand, the risk of corrosion in cooling systems may also pose a major challenge to market growth in the coming years.
Global Key Players:
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.
To know about the assumptions considered for the study download the pdf brochure
Glen Dimplex (Ireland) is a leading player in the medical equipment cooling systems market. 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. Along with high-quality products the company also offers a comprehensive range of tailored services to meet customer needs. The company has a global presence and a prominent after-sales service network, with locations across the US, China, Germany, and Ireland.
Legacy Chillers (US), a leading process chiller manufacturer in the US, offers cooling, heating, and ventilation solutions for residential, commercial, and industrial applications. Legacy introduced the Nexus technology in the market to produce process cooling solutions that use outdoor air as the primary cooling medium. The company uses a patented economizer technology, which significantly increases the end user's electrical cost savings. Legacy also offers excellent key services, including chiller system design services and offers training programs such as the chiller system training webinar series.
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