openPR Logo
Press release

Medical cooling systems market is expected to reach $2.8 billion by 2024, at a CAGR of 7.5% from 2018|Key players are Lytron Inc. , Filtrine Manufacturing Company , Ecochillers ,Parker Hannifin, American Chiller Service, Drake Refrigeration, KKT chillers

07-15-2019 08:51 AM CET | Health & Medicine

Press release from: Meticulous Research®

Medical cooling systems market is expected to reach $2.8 billion by 2024, at a CAGR of 7.5% from 2018

Medical cooling systems market is expected to reach $2.8 billion by 2024, at a CAGR of 7.5% from 2018

Medical cooling systems are used to reduce heat load generated by medical equipment during diagnostic procedures. By doing this, the medical cooling systems are able to maintain life cycle of imaging equipment and helps to achieve the goal of quality patient care.

The report states that the medical cooling equipment accounts for the largest share of the market (by product type) and is expected to grow at a CAGR of 7.8% from 2018 to 2024. Meticulous Research® speculated as to why this area is emerging as the largest and fast-growing segment: “High demand from medical imaging system manufacturers and greater sales volume compared to accessories”.

Browse in-depth Report on - https://www.meticulousresearch.com/product/medical-cooling-systems-market/

On the basis of type, water-cooled chillers commanded the largest share due to their advantages such as low compressor cost, greater life span, low noise, suitability for facilities with small space and restricted air flow, and absence of toxic refrigerants. However, air-cooled chillers will grow at the fastest rate due to their increasing efficiency and growing scarcity of water across many parts of the world.

On the basis of compressor type, scroll compressors commanded the largest share due to their advantages such as higher efficiency in terms of heat rejection capacity and less vibrations & noise compared to other types.

Based on application, imaging application segment comprising MRI, CT, Linear Accelerator, PET, and others accounted for the largest share due to high demand; advancements in imaging technologies; and high prevalence of chronic diseases such as cancer, neurological disorders, and others.

Request for a sample of this research report @ - https://www.meticulousresearch.com/download-sample-report/cp_id=4911

This research report analyzes major geographies and provides comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and the Middle East & Africa. North America captured a significant share of this market, while Asia Pacific is expected to register highest CAGR during the forecast period. The high growth in the forecast period will be due to accelerated economic growth in many countries; growing government focus on healthcare sector; rising prevalence of chronic diseases; increasing number of hospitals & diagnostic centers; and growing geriatric population in the region.

Key players operating in the global medical cooling systems market include Lytron Inc., Filtrine Manufacturing Company, Carrier Corporation, Ecochillers Inc., Parker Hannifin Corporation, Legacy Chiller Systems, Inc., Motivair Corporation, Cold Shot Chillers, American Chiller Service, Inc., General Air Products, Inc., Drake Refrigeration, Inc., KKT chillers, Inc., Glen Dimplex Group, Johnson Thermal Systems Inc., and Whaley Products, Inc., among others.

Enquire Before Buying: https://www.meticulousresearch.com/enquire-before-buying/cp_id=4911

Contact Info:
Khushal
Email:sales@meticulousresearch.com
Contact Sales- +91-744-7780008

Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.

For Sales Enquires
India: +91-744-7780008
U.S.: +1-646-781-8004

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical cooling systems market is expected to reach $2.8 billion by 2024, at a CAGR of 7.5% from 2018|Key players are Lytron Inc. , Filtrine Manufacturing Company , Ecochillers ,Parker Hannifin, American Chiller Service, Drake Refrigeration, KKT chillers here

News-ID: 1803758 • Views:

More Releases from Meticulous Research®

Meticulous Research® Unveils In-Depth Analysis of European EV Batteries Market
Meticulous Research® Unveils In-Depth Analysis of European EV Batteries Market
[Redding, California, 26-03-2024] - Meticulous Research®, a premier market research firm, announces the publication of its latest report titled "Europe EV Batteries Market: Type, Capacity, Bonding Type, Form, Application, End User, and Country - Forecast to 2029." This comprehensive study delves into the multifaceted dynamics shaping the burgeoning European electric vehicle (EV) batteries market. Anticipated to surge at an impressive Compound Annual Growth Rate (CAGR) of 45.8% from 2022, the European
Meticulous Research® Unveils Comprehensive Analysis of North America EV Batteries Market
Meticulous Research® Unveils Comprehensive Analysis of North America EV Batteri …
[Redding, California, 26-03-2024]- Meticulous Research®, a globally recognized leader in market research, announces the release of its latest report titled "The North America EV Batteries Market: Type, Capacity, Bonding Type, Form, Application, End User, and Country-Forecast to 2028." This extensive study offers profound insights into the dynamics shaping the rapidly evolving landscape of electric vehicle (EV) batteries across North America. Projected to surge at a remarkable Compound Annual Growth Rate (CAGR)
Meticulous Research® Forecasts Robust Growth in Europe's Electric Vehicle Market
Meticulous Research® Forecasts Robust Growth in Europe's Electric Vehicle Marke …
[Redding, California , 26-03-2024]- Meticulous Research®, a renowned leader in global market research, has unveiled its latest comprehensive study titled "Europe Electric Vehicle Market," delving into the evolving landscape of electric mobility across the region. This pioneering report provides an in-depth analysis of various facets of the European electric vehicle (EV) market, including vehicle types, propulsion methods, power output, charging standards, and country-specific dynamics. The European EV market is poised for
Meticulous Research® Unveils Exclusive Insights: Nepal's In-Vitro Diagnostics Market Set to Reach $62.70 Million by 2029
Meticulous Research® Unveils Exclusive Insights: Nepal's In-Vitro Diagnostics M …
[Redding, California,22-03-2024] - Meticulous Research®, a trusted provider of market intelligence and advisory services, has released its latest report forecasting the trajectory of Nepal's In-Vitro Diagnostics (IVD) Market. Titled "Nepal IVD Market By Product (Kits, Instruments, Software), Technology (Immunoassay, Hematology, Coagulation, Diabetes, Molecular), Application (Infectious Diseases, Cardiology, Oncology), and Customer Type (Hospital, Diagnostic Lab, Home Care) - Forecast to 2029", the report anticipates a robust growth trajectory, projecting the market

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and