Global Medical Equipment Cooling Market to Reach $316.1 Million by 2030
The global market for Medical Equipment Cooling estimated at US$231.6 Million in the year 2023, is expected to reach US$316.1 Million by 2030, growing at a CAGR of 4.5% over the period 2023-2030. Liquid-based Cooling, one of the segments analyzed in the report, is expected to record 4.5% CAGR and reach US$214.4 Million by the end of the analysis period. Growth in the Air-based Cooling segment is estimated at 4.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $61.3 Million, While China is Forecast to Grow at 6.9% CAGR
The Medical Equipment Cooling market in the U.S. is estimated at US$61.3 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$67.9 Million by the year 2030 trailing a CAGR of 6.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.
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