August 04, 2022 19:00 ET | Source: FACT.MR FACT.MR
Seoul, South Korea, Aug. 05, 2022 (GLOBE NEWSWIRE) -- As per detailed industry analysis by Fact.MR, a market research and competitive intelligence provider, expanding at a CAGR of 3.6%, the global medical equipment cooling market is projected to increase from a valuation of US$ 210 million in 2022 to US$ 278.67 million by 2030.
Systems for cooling medical equipment are used to reduce the heat load produced by diagnostic tools. Medical cooling systems can help achieve the goal of delivering high-quality patient care by extending the lifespan of imaging equipment. The cooling strategy is used to reduce high-watt density heat loads on devices such as medical lasers and imaging equipment.
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For the refrigerant cycle cooling of large medical equipment, compressor-driven air conditioning units are widely used. Compressor, condenser, evaporator, expansion valve, and system monitoring devices for temperature and pressure transduction make up the refrigeration cycle.
Market players are teaming up with medical equipment manufacturers, hospitals, and outpatient clinics to satisfy the highest reliability, efficiency, and design standards.
Which Application of Medical Equipment Cooling Drives High Market Growth?
“Effective Working of High-Power Medical Devices Requires Efficient Medical Equipment Cooling Systems”
The market for medical equipment cooling is segmented into medical devices and analytical & laboratory equipment based on application. The market segment for medical devices is anticipated to develop at the fastest growth rate. This is due to the worldwide expansion of hospital networks, which is expanding rapidly. The hospital that treats patients with life-threatening illnesses needs to be outfitted with the powerful equipment required for therapy, as well as the appropriate cooling equipment.
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Key Segments Covered in the Medical Equipment Cooling Industry Survey
To expand their market shares, key players are using a range of strategic actions, including mergers and acquisitions, technological collaborations, partnerships, and the development and release of cutting-edge solutions.
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Key players in the Medical Equipment Cooling Market
Key Takeaways from Medical Equipment Cooling Market Study
About the Healthcare Division at Fact.MR
Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
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