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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Medical Equipment Cooling Market: By Type, By Compressor, By End user and Region Forecast 2020-2031
Medical Equipment Cooling Market size was valued at US$ 220 million in 2024 and is expected to reach US$ 300 million by 2031, growing at a significant CAGR of 4.1% from 2025-2031. Moreover, the U.S. Medical Equipment Cooling Market is expected to grow significantly, reaching an estimated value of US$ 110 million by 2031, driven by increasing demand for MRI systems, CT scanners, and other high-performance imaging and diagnostic equipment that require reliable cooling solutions.
The worldwide medical device cooling market is observing consistent growth with the increasing demand for precise diagnostics and increasing footprints of high-tech medical devices. Imaging devices like MRI, CT scanners, and linear accelerators produce huge heat while in continuous use, and therefore proper thermal management is a necessity to ensure equipment longevity and diagnostic precision. Cooling systems are no longer an optional piece of hardware, they're becoming mission-critical to uninterrupted clinical processes, equipment availability, and patient safety. With diagnostic centres and hospitals allocating more expenditure on high-capacity equipment and automation-based infrastructure, demand for effective, space-efficient, and dependable cooling solutions has evolved from a technical decision to a strategic operational necessity.
In addition, efforts toward value-based healthcare and personalized medicine have placed increased emphasis on optimizing equipment performance. Recent cooling technologies, ranging from liquid cooling systems to hybrids, are being incorporated into medical devices to enhance energy efficiency, decrease noise levels, and allow for sustainable operation.
Additionally, growth in installations of oncology and radiology equipment in developing economies is building new demand for scalable cooling products that can support diversified healthcare environments. With OEMs pushing the boundaries of miniaturized, smart-enabled technologies and hospitals moving more and more towards centralized energy-efficient solutions, the medical equipment cooling sector is emerging as a major support industry driving overall evolution of the contemporary healthcare infrastructure.
Based on the type:
Liquid-based cooling systems have gained popularity in the market for medical equipment cooling because of their better thermal control and power efficiency. Liquid-based cooling systems are particularly suited to high-load applications like MRI and CT scanners where uniform heat dissipation is essential to ensure image quality and avoid system downtime. Liquid coolants are faster to transfer heat and produce less noise compared to air-based units, both of which are essential in the sensitive clinical setting. Liquid-cooled units in miniature form are gaining popularity among hospitals and imaging centres for providing longer operating time and less maintenance. As medical equipment shifts toward greater energy consumption and more stringent performance tolerance, liquid-based cooling continues to be the new standard for reliable precision-grade heat management.
Based on the compressor:
Scroll compressors are becoming more of a popular option for medical cooling systems because of their small size, low vibration, and efficient operation. Scroll compressors are specifically designed for applications with constant, low-level cooling loads like those used by imaging devices and laboratory analyzers. Their design for steady run conditions with minimal mechanical stress ensures maximum life of the cooling system as well as the medical equipment it serves. Scroll compressors are particularly advantaged in hospital settings through quiet operation, critical in patient-centered environments, but also through reliability when dealing with fluctuating workload requirements. As health care facilities seek to minimize operating expenses without compromising on consistent equipment performance, scroll compressors are increasingly becoming the norm in contemporary cooling systems.
Based on the end user:
Among the end users, MRI systems are perhaps the most challenging and demanding application in the medical equipment cooling industry. MRI machines produce high amounts of heat while running with their intense magnetic fields and high-power electronics and thus need stable and strong cooling. Image quality is compromised or equipment fails because of even a slight thermal deviation, negatively impacting diagnostic precision. Cooling technologies in MRI systems, besides cooling, are also engineered to maintain steady temperatures in essential components like superconducting magnets and RF coils. As global demand for advanced imaging continues to rise and MRI availability increases in developing countries, precision cooling is now an essential aspect in the safe and reliable functionality of MRIs.
Study Period
2025-2031Base Year
2024CAGR
4.1%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
Among the most significant drivers compelling the market is growing use of sophisticated diagnostic and treatment equipment that requires efficient and accurate thermal management. Equipment such as MRI scanners, CT scanners, and radiotherapy machines have high energy loads and need continuous cooling to ensure operational accuracy, safety, and lifespan. Hospitals, research institutes, and specialty clinics are increasingly putting power-hungry equipment in place as a matter of routine operations, making cooling infrastructure a funding necessity.
In particular, as healthcare complexes become more networked and digitally connected, device availability and thermal control are essential to manage clinical schedules and minimize the risk of equipment failure. Such demands are compounded even further by the global shift in paradigms towards precision medicine, where diagnostic accuracy has a direct relationship with patient well-being and treatment effectiveness.
Despite increasing demand for medical equipment cooling systems, medical-grade cooling systems' high capital investment and regulatory compliance demands restrain industry growth. Several healthcare professionals, particularly in cost-conscious markets, are reluctant to invest or upgrade high-end cooling devices because of budget limitations and limited technical expertise. Fluid usage specifications, electrical protection protocols, and temperature calibration requirements make system integration more complicated and costly.
Moreover, incorporating more advanced cooling systems into existing healthcare buildings can be logistically and architecturally challenging. The lack of pervasive cooling interfaces among medical devices frequently requires tailored installations, thereby tending to delay procurement and implementation cycles. All these impediments collectively inhibit market penetration in less affluent or lower-grade healthcare facilities.
Medical infrastructure growth in developing economies presents a strong prospect for market growth. Growing urbanization, greater government expenditure on healthcare, and rising diagnostic awareness are necessitating hospitals in Asia-Pacific, Latin America, and Africa to invest in cutting-edge radiotherapy and imaging equipment. The technologies behind these by their nature need efficient cooling solutions, and this is opening up new market opportunities for centralized and device-local thermal management solutions.
In addition, innovation in low-power consumption and modular cooling devices is rendering the technology affordable for mid-scale institutes as well as mobile health care facilities. Entities providing miniaturized, quiet, and smart-enabled systems are expected to benefit from such nascent markets. Strategic alliances of OEM companies with companies providing cooling technologies are also fuelling innovation, allowing for integrated solutions tailored to the unique requirements of specific clinical settings.
Among the defining characteristics of the market is the growing use of liquid-based cooling systems for high-end imaging products, namely MRI and CT scanners. These are more advanced than conventional air-cooled units in terms of thermal stability, efficiency, and noise reduction, critical requirements for sensitive medical environments. Liquid coolants are distributed through specialized conduits, removing heat from equipment componentry and keeping operation temperature stability even during extended use.
As hospitals move towards more rate-intensive and higher-resolution imaging equipment, air cooling proves to be insufficient in ensuring stability of operation. Liquid cooling not only offers precision but also aligns with increasing sustainability aspirations through energy saving. This is changing R&D planning with OEMs now tailoring systems specifically from the ground up to accommodate liquid-cooled solutions.
Report Benchmarks |
Details |
Report Study Period |
2025-2031 |
Market Size in 2024 |
US$ 220 million |
Market Size in 2031 |
US$ 300 million |
Market CAGR |
4.1% |
By Type |
|
By Compressor |
|
By End User |
|
By Region |
|
According to PBI Analyst, the market is gaining traction due to rising investments in high-end diagnostic and therapeutic technologies like MRI, CT scanners, and linear accelerators that demand precise thermal management. Efficient cooling ensures uninterrupted operations, device longevity, and patient safety, now viewed as operational imperatives rather than optional infrastructure. The industry is witnessing a shift toward liquid-based cooling systems for improved thermal control and energy efficiency. With developing countries upgrading healthcare infrastructure and OEMs innovating compact, low-noise, smart-enabled solutions, demand is growing beyond mature economies. Cooling is becoming central to medical hardware performance, regulatory compliance, and sustainability targets, positioning this market as a key enabler of next-gen healthcare delivery.
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The medical equipment cooling market size was valued at US$ 220 million in 2024 and is projected to grow at a significant CAGR of 4.1% from 2025-2031.
Rising use of energy-intensive diagnostic and therapeutic devices, demand for uninterrupted performance, and growing adoption of value-based healthcare models are major drivers.
Trends include increasing adoption of liquid-based cooling systems, modular designs for flexible healthcare environments, and integration of smart, energy-efficient technologies.
Asia-pacific is the fastest-growing region in the market.
1.Executive Summary |
2.Global Medical Equipment Cooling Market Introduction |
2.1.Global Medical Equipment Cooling Market - Taxonomy |
2.2.Global Medical Equipment Cooling Market - Definitions |
2.2.1.Type |
2.2.2.Compressor |
2.2.3.End User |
2.2.4.Region |
3.Global Medical Equipment Cooling Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Medical Equipment Cooling Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Medical Equipment Cooling Market By Type , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
5.1. Liquid Bases Cooling |
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Air Based Cooling |
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6.Global Medical Equipment Cooling Market By Compressor, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
6.1. Scroll Compressors |
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Screw Compressors |
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Centrifugal Compressors |
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Reciprocating Compressors |
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7.Global Medical Equipment Cooling Market By End User, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
7.1. Medical Devices |
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Analytical & Laboratory Equipment |
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8.Global Medical Equipment Cooling Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Medical Equipment Cooling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
9.1. Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Liquid Bases Cooling |
9.1.2.Air Based Cooling |
9.2. Compressor Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Scroll Compressors |
9.2.2.Screw Compressors |
9.2.3.Centrifugal Compressors |
9.2.4.Reciprocating Compressors |
9.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Medical Devices |
9.3.2.Analytical & Laboratory Equipment |
9.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Medical Equipment Cooling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Liquid Bases Cooling |
10.1.2.Air Based Cooling |
10.2. Compressor Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Scroll Compressors |
10.2.2.Screw Compressors |
10.2.3.Centrifugal Compressors |
10.2.4.Reciprocating Compressors |
10.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Medical Devices |
10.3.2.Analytical & Laboratory Equipment |
10.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Medical Equipment Cooling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Liquid Bases Cooling |
11.1.2.Air Based Cooling |
11.2. Compressor Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Scroll Compressors |
11.2.2.Screw Compressors |
11.2.3.Centrifugal Compressors |
11.2.4.Reciprocating Compressors |
11.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Medical Devices |
11.3.2.Analytical & Laboratory Equipment |
11.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Medical Equipment Cooling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Liquid Bases Cooling |
12.1.2.Air Based Cooling |
12.2. Compressor Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Scroll Compressors |
12.2.2.Screw Compressors |
12.2.3.Centrifugal Compressors |
12.2.4.Reciprocating Compressors |
12.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Medical Devices |
12.3.2.Analytical & Laboratory Equipment |
12.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Medical Equipment Cooling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Liquid Bases Cooling |
13.1.2.Air Based Cooling |
13.2. Compressor Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Scroll Compressors |
13.2.2.Screw Compressors |
13.2.3.Centrifugal Compressors |
13.2.4.Reciprocating Compressors |
13.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Medical Devices |
13.3.2.Analytical & Laboratory Equipment |
13.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Glen Dimplex Group (Ireland) |
14.2.2.Legacy Chiller Systems Inc. (US) |
14.2.3.Filtrine Manufacturing Company, Inc. (US) |
14.2.4.Laird Technologies, Inc. (US) |
14.2.5.Cold Shot Chillers (US) |
14.2.6.KKT Chillers (Germany) |
14.2.7.General Air Products, Inc. (US) |
14.2.8.Drake Refrigeration, Inc. (US) |
14.2.9.Lytron, Inc. (US) |
14.2.10.Motivair Corporation (US) |
14.2.11.American Chillers (US) |
14.2.12.Parker Hannifin Corp (US) |
14.2.13.Whaley Products Inc. (US) |
14.2.14.Johnson Thermal Systems (US) |
14.2.15.Haskris (US) |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players