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Hospital and Laundry Boilers Market– Positive Long-Term Growth Outlook 2020

11-06-2017 06:28 AM CET | Health & Medicine

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Hospital and Laundry Boilers Market– Positive Long-Term

Laundry and boilers services play an important role in sterilization and maintains contamination free environment in hospitals. Laundry service is responsible for delivery of adequate amount of clean and sterile linen to patients and healthcare professionals. The major tasks of laundry service include collection of linen, washing, drying and delivery to users. Boilers are used for steam and hot waters for vital needs, such as space heating and sterilization of linen and provide hygienic conditions for patients.

The U.S. and Canada dominates the North American hospital and laundry boilers market due to improved healthcare infrastructure in the region. For instance, in 2012, American Hospital Association (AHA), a national organization that represents and serves all types of hospitals and healthcare networks conducted an annual survey of total number of registered hospitals in the U.S. This number was 5,723 in 2012. Registered hospitals are those hospitals that fulfill all the AHA criteria. This improved healthcare system in the U.S. has resulted in significant rise in demand of laundry and boiler services to main hygienic conditions for the patients and healthcare professionals.

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In recent time, rising number of hospital admissions is key driver for the North American hospital and laundry boilers market. For instance, in 2010, according to Centers for Disease Control and Prevention (CDC), about 2, 58,000 hospital admissions had registered for hip fractures among people aged 65 and above and the number is expected to reach 2, 89, 000 by 2030. This increasing number of hospital admissions requires sterile linen for their better comfort in hospitals.

However, the high energy cost to operate boilers in hospitals is key restraint for the North American hospital and laundry boilers market. In addition, strict regulation associated with the generation of steam through boilers also obstructs growth of the North American Hospital and laundry boilers market. For instance, hospitals require accreditation from Joint Commission on the Accreditation of Healthcare Organizations (JCAHO) for steam generation.

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Some of the major companies operating in the North American hospital and laundry boilers market are Parker Boiler Co., Indeck Power Equipment Co., Fulton, Powerhouse Equipment & Engineering Co., Inc., Smith Hughes Co., Nationwide Boiler, Inc., Energy Equipment Co., Inc., Reagan-Riter Boiler Works, Inc. and Energy Products Co..

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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