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Medical Equipment Cooling Market Size
The global medical equipment cooling market was estimated at USD 474.1 million in 2025. The market is expected to grow from USD 490.2 million in 2026 to USD 710.8 million in 2035, at a CAGR of 4.2% during the forecast period, according to the latest report published by Global Market Insights Inc. The medical equipment cooling market is driven by numerous factors such as the increasing prevalence of chronic diseases, rising adoption of minimally invasive surgical techniques, technological advancements in diagnostic imaging modalities, and growing demand for temperature control, among other factors.
To get key market trends
The critical role of thermal management systems in ensuring the reliability, longevity, and optimal performance of sophisticated medical equipment across healthcare facilities worldwide is expected to propel the industry demand. Daikin Industries, Glen Dimplex Group, Copeland, Ingersoll Rand, Atlas Copco, and Lytron Chillers are among the leading players operating in the market. These players mainly focus on product innovation and installations, geographic expansion, use of novel materials, adoption of the latest technologies in devices, and collaboration with local or regional healthcare providers, among others.
The market has increased from USD 433.4 million in 2022 and reached USD 459.4 million in 2024, with the historic growth rate of 3%. One of the key factors supporting the market growth is the increasing prevalence of chronic diseases. The world's chronic disease population is growing at a notable rate, impacting healthcare delivery and contributing to the demand for diagnostic and therapeutic equipment.
For instance, according to the World Health Organization, chronic diseases, including cardiovascular conditions, cancer, diabetes, and respiratory illnesses, account for 74% of all deaths globally, with the number of affected individuals projected to increase by 57% between 2020 and 2030. Thus, with such changes in the epidemiology of chronic diseases, there will be a greater demand for diagnostic imaging services, continuous patient monitoring systems, and advanced laboratory testing facilities, which require reliable cooling systems, thereby fueling the market growth.
Additionally, an increase in the number of older people living in developed countries has resulted in greater use of diagnostic imaging services. For example, the International Atomic Energy Agency reports that the number of CT scans performed globally increased from approximately 360 million in 2020 to over 490 million in 2024, while MRI procedures grew from 150 million to 205 million during the same period.
All imaging technologies require substantial amounts of cooling infrastructure for operation, with an average of 30-50 kW of cooling necessary for each high-field-strength MRI unit. In addition, the incidence rates of various cancers are also related to the demand for radiation therapy equipment, positron emission tomography-computed tomography scanners, and pathology lab equipment and, therefore contribute to the continued and increasing requirement for medical equipment cooling solutions by oncology centers all over the world.
Further, the shift toward more precise clinical treatment approaches i.e., precision medicine is driving demand for ultracold temperature storage systems, temperature- and coolant-controlled centrifuges, and thermally protected clinical analysis instruments. The growing adoption of biobanks, which store biological samples for research and clinical applications, requires strictly controlled storage environments typically −80°C for long-term specimen preservation and +4°C for samples in active use. Moreover, adherence to Good Manufacturing Practice (GMP) and Good Laboratory Practice (GLP) standards is expected to fuel demand for advanced cooling systems equipped with redundancy, continuous monitoring, and robust documentation capabilities to ensure regulatory compliance.
Medical equipment cooling refers to the systems and technologies used to remove excess heat from medical devices so they can operate safely, accurately, and reliably. Modern medical machines like MRI scanners, CT scanners, surgical lasers, blood analyzers, and lab instruments generate significant heat during operation. Cooling ensures these devices don’t overheat, malfunction, or compromise patient safety.
Medical Equipment Cooling Market Report Attributes
Key Takeaway
Details
Market Size & Growth
Base Year
2025
Market Size in 2025
USD 474.1 Million
Market Size in 2026
USD 490.2 Million
Forecast Period 2026 - 2035 CAGR
4.2%
Market Size in 2035
USD 710.8 Million
Key Market Trends
Drivers
Impact
Increasing prevalence of chronic diseases
Rising chronic disease cases are increasing diagnostic workloads, pushing healthcare facilities to rely more heavily on cooling systems for uninterrupted equipment performance.
Technological advancements in diagnostic imaging modalities
More powerful imaging machines produce greater heat loads, increasing immediate dependence on efficient cooling to maintain accuracy, safety, and operational stability.
Growing demand for temperature control
Strict temperature requirements across modern medical equipment are elevating the need for reliable cooling to prevent overheating and maintain device precision.
Rising adoption of minimally invasive surgical techniques
Minimally invasive procedures depend on heat-sensitive tools, increasing the need for precise cooling to ensure device safety and consistent performance.
Pitfalls & Challenges
Impact
Upfront costs associated with purchasing and installing medical equipment cooling systems
High initial investment slows adoption, especially for smaller facilities, limiting immediate access to advanced cooling solutions despite operational necessity.
Regulatory compliance challenges
Complex certification and compliance requirements delay implementation timelines, increasing administrative burdens and slowing the integration of new cooling technologies.
Opportunities:
Impact
Increased investment in new medical imaging and diagnostic equipment
As healthcare providers expand high‑performance imaging capabilities, future demand for advanced cooling solutions will grow substantially to support higher workloads and thermal output.
Expanding applications of cooling systems in new medical technologies
Emerging medical technologies will require more precise thermal control, creating long‑term opportunities for innovative, compact, and energy‑efficient cooling systems across diverse clinical environments.
Market Leaders (2025)
Market Leaders
Daikin Industries
Around 8.5%
Top Players
Daikin Industries
Glen Dimplex Group
Copeland
Boyd Chillers
Collective Market Share ~ 28%
Competitive Edge
Glen Dimplex Group drives sustainable growth by expanding low‑carbon heating, ventilation, and precision cooling solutions, leveraging long‑term heat pump expertise and global precision‑cooling acquisitions.
Daikin Industries focuses on energy‑efficient HVAC solutions for healthcare, optimizing indoor comfort, air quality, and operating costs through smart systems, heat recovery, and flexible multi‑zone climate control.
Copeland advances sustainable cooling through low‑GWP refrigerants, efficient compressors, and expanded manufacturing capacity, prioritizing energy transition and integrated next‑generation HVACR technologies.
Regional Insights
Largest Market
North America
Fastest growing Market
Asia Pacific
Emerging countries
India, Brazil, South Africa, etc.
Future outlook
The industry is expected to expand steadily as healthcare infrastructure investment increases and advanced imaging and diagnostic devices requiring efficient cooling become more widely adopted.
Future growth will emphasize eco‑friendly, energy‑efficient cooling solutions as facilities seek lower operating costs, better device longevity, and systems capable of supporting rapidly evolving medical technologies.
What are the growth opportunities in this market?
Medical Equipment Cooling Market Trends
The medical equipment cooling industry is experiencing transformative trends that are reshaping product development, market competition, and customer expectations. Emphasis on energy efficiency and environmental sustainability, expanding applications of cooling systems in novel medical technologies, and growing investment in advanced medical imaging and diagnostic equipment are among the key trends expected to fuel the industry growth over the projected timeline.
As healthcare facilities increasingly focus on environmentally friendly and energy-efficient medical equipment procurement alternatives, there is a growing impetus from operational cost pressures and these organizations corporate commitment to sustainable development, as well as the increased awareness of the impact of healthcare on the environment. This push for sustainability is leading to changes in the selection, operation, and lifecycle management of cooling technologies being applied in these systems across the healthcare sector.
Additionally, the medical technology sector is going through a wave of innovation that is resulting in the development of new therapy- and diagnostics-related platforms and the opportunities for precision cooling technologies to support these platforms. These next-generation technologies typically include components and operational characteristics that create thermal management issues that were not accommodated by previously established methods of cooling medical devices, resulting in surging innovation in the design of cooling systems and fueling industry growth.
Furthermore, healthcare providers across the world are investing heavily in new capital equipment in order to expand and upgrade their capabilities in diagnostic imaging. This expanded focus on diagnostic imaging has been driven by the increasing number of patients that need to be diagnosed quickly and accurately. This investment is largely recorded at the robust rate in emerging markets, as these markets are focusing on improving their investing healthcare infrastructure to meet rising population demand. They are also experiencing rapid growth in established markets as the technology is upgraded and replaced regularly.
Medical Equipment Cooling Market Analysis
Learn more about the key segments shaping this market
In 2022, the market was valued at USD 433.4 million and grew to USD 445.9 million in 2023, reaching USD 459.4 million by 2024. Growing emphasis on energy efficiency and environmental sustainability is a key factor contributing to industry growth.
Based on product, the global medical equipment cooling market is segmented into liquid-based cooling and air-based cooling. The liquid-based cooling segment accounted for a majority share of 54.9% in 2025. New product launches focused on niche and valued cooling solutions is anticipated to fuel the segmental growth. The segment is expected to reach USD 394.8 million by 2035, growing at a CAGR of 4.3% during the forecast period.
A typical water-cooled chiller may produce three to five times the amount of cooling when compared with an equivalent-sized air-cooled chiller. This is suitable for compactly designed chillers that are invaluable in hospitals that have limited floor space.
Compared to air cooling options, liquid cooling systems e.g., chilled water chillers, glycol cooling units, and direct refrigerant systems have a higher density of available heat removal capacity. Therefore, liquid cooling systems can be implemented in applications that generate high heat loads (e.g., MRI machines, CT machines, and linear accelerators).
In addition to being compact, the use of liquid cooling systems has the added benefit of being quieter than traditional air cooling systems. As the design of water-cooled equipment allows for lower fan speeds and less complex refrigerant circuits, this results in a reduction in noise levels of operation, which is essential in hospitals.
The air-based cooling systems segment was valued at USD 213.9 million in 2025. Air-based cooling systems hold considerable market share in a variety of niche application types because they offer advantages such as easier installation, low initial costs, and lower maintenance costs in comparison to their more efficient and complex counterparts.
Air-cooled precision air conditioners are utilized for cooling laboratory equipment, for some small imaging machines located at doctors’ offices, and for retrofit applications where chilled water infrastructure is unavailable or impractical to install.
A significant percentage of air-cooled technology is used in smaller, decentralized healthcare settings such as outpatient imaging centers, ambulatory surgical centers (ASCs), and urgent care clinics. In these facilities, the preference is for small, self-contained units installed in each room/radiology suite rather than centralized chillers used at larger multi-room facilities.
In addition, the air-based cooling sector also benefits from the increasing use of both adiabatic and evaporative pre-cooling technologies that improve the heat rejection capabilities of air-cooled equipment during peak load conditions and reduce water usage compared to traditional cooling towers.
Based on compressor, the global medical equipment cooling market is segmented into reciprocating compressors, scroll compressors, screw compressors, and centrifugal compressors. The scroll compressors segment accounted for a leading share and was valued at USD 155.2 million in 2025.
The scroll compression technology continues to hold the leading position in small- to medium-size compressor applications ranging from 5 tons to 60 tons of cooling, which cover the majority of all new installations of medical equipment, including MRI chillers, CT scanners, and precision laboratory air conditioning systems.
Additionally, the high adoption of scroll technology is based on its high reliability, with an average time of 100,000 hours between failures (as per the Air Conditioning Heating and Refrigeration Institute), lower vibration compared to reciprocating-style compressors, and quieter operation, all of which are critical in a medical setting.
In addition to the many other advantages of scroll compressor technology, it is also substantially energy efficient at the part-load portion of its use cycle and offers excellent energy performance even when the cooling load is reduced.
The centrifugal compressors segment held a revenue of USD 131.5 million in 2025. The centrifugal compressor is used in large-capacity applications, typically more than 80 tons up to several thousand tons, for larger hospital central plants and as the main technology in institutional-type cooling systems serving many buildings or comprehensive radiology departments.
Further, among different types of compressors, centrifugal compressors provide the most efficient energy use for applications that require large-capacity compressors, as the full-load efficiency is generally 15% to 25% better than screw compressors and 30% to 40% better than reciprocating compressors at the same capacity.
The screw compressor segment held a revenue of USD 101.7 million in 2025. The screw compressor has many advantages, such as high performance and tolerance to non-standard operations, the ability to withstand liquid refrigerant slugs without catastrophic failure, and lower maintenance needs than centrifugal compressor designs.
In addition, most screw compressor systems include oil-lubrication systems for lubrication, which need regular oil changes and oil filtration/mist separators and therefore result in additional maintenance needs when compared with oil-free scroll and magnetic-bearing centrifugal compressor configurations.
Furthermore, the reciprocating compressors segment is expected to record the fastest growth with a CAGR of 4.6% over the forecast period. The high growth rate of the reciprocating sector reflects the success of advanced design technology for innovative reciprocating compressor designs, such as digital scroll unloading systems, variable-speed drive control, and greater motor operating efficiency, which make them more competitive with other types of compressors.
Based on configuration, the global medical equipment cooling market is segmented into packaged systems, modular systems, and split systems. The packaged systems segment accounted for a majority share of 50.8% in 2025.
Packaged cooling systems, which integrate all cooling components, including compressor, evaporator, condenser, and controls within a single factory-assembled unit, dominate the market due to installation simplicity, predictable performance, and favorable economics for the majority of medical cooling applications.
Packaged configurations eliminate field refrigerant piping requirements, reducing installation time, minimizing refrigerant leak potential, and ensuring factory-optimized component matching and control integration.
Additionally, the packaged configuration segment is experiencing technology evolution toward modular packaged designs that combine factory-assembled advantages with capacity scalability.
The modular cooling systems segment held a revenue of USD 161.4 million in 2025. Modular cooling systems, which combine multiple standardized cooling modules within a common framework to achieve required capacity while providing redundancy and operational flexibility.
In addition, modular architecture enables capacity staging, where individual modules activate and deactivate based on instantaneous cooling demand, optimizing energy efficiency across varying load conditions.
Based on application, the global medical equipment cooling market is segmented into medical devices, cold storage and testing, dehumidification, and analytical & laboratory equipment. The medical devices segment accounted for a leading share and was valued at USD 165.3 million in 2025.
The medical device segment is the largest group of applications for cooling equipment. Medical devices requiring cooling include diagnostic imaging equipment (MRI systems, CT scanners, PET scanners, X-ray systems, and ultrasound platforms) as well as therapeutic devices that provide therapeutic radiation treatment (e.g., linear accelerators), surgical lasers, radiofrequency ablation equipment, and robotic surgical equipment.
Additionally, growth in the medical device cooling segment is driven by the rising installation of medical devices in developing countries, the introduction of next-generation medical devices with higher thermal management requirements in established markets, and the expansion of innovative interventional and therapeutic applications that require precise temperature control.
In addition, the device cooling sub-segment associated with laser surgical devices is critical, as precision cooling of multiple laser types is essential for maintaining good beam quality, ensuring consistent wavelength stability, and preserving the integrity of optical components (e.g., CO2 lasers, Ho:YAG lasers, excimer lasers, and femtosecond lasers).
Further, the cold storage and testing applications segment is expected to record the fastest growth with a CAGR of 4.5% over the forecast period. This growth is driven by expanding biobanking activities supporting precision medicine research, increasing vaccine storage requirements, particularly for temperature-sensitive biologic therapeutics, and pharmaceutical industry growth demanding validated storage and testing infrastructure.
Rapidly expanding uses such as the storage of biological samples, vaccines, blood banks, stability testing chambers for pharmaceutical products, environmental testing instruments, and cold rooms in microbiology pathology laboratories, are expected to further fuel the segmental growth.
Furthermore, the analytical and laboratory equipment segment held a revenue of USD 102.5 million in 2025. Analytical and laboratory equipment cooling serves scientific instruments deployed in clinical laboratories, pathology departments, research facilities, and pharmaceutical quality control laboratories. Included in these cooling applications are mass spectrometers, chromatographic systems (e.g., GC and HPLC), electron microscopes, centrifuges, incubators, thermal cyclers used for molecular diagnosis, and analytical balances, all of which require stable temperature controlled conditions to operate correctly.
Moreover, as manufacturers of laboratory equipment continue to increase their requirements for environmental stability to ±1-2°C temperature and ±5% relative humidity, this has resulted in a need to develop precision cooling systems that have the ability to control these parameters strictly.
Technology trends within the analytical laboratory cooling market are moving towards energy recovery systems that capture heat generated during operation and use that recovered energy for either heating water in the laboratory or tempering outside air delivered to the laboratory i.e., improving energy efficiency.
Learn more about the key segments shaping this market
Based on end use, the medical equipment cooling market is segmented into original equipment manufacturers (OEMs), hospitals, diagnostic laboratories, and other end users. The original equipment manufacturers segment accounted for the leading market share of 48.8% in 2025.
OEMs incorporate advanced cooling technologies directly into their products, such as magnetic resonance imaging (MRI) machines, computed tomography (CT) machines, lasers, and laboratory analyzers, to create a stable thermal environment for long-term reliability.
Additionally, they depend on both liquid-based and air-based cooling systems to dissipate high heat loads generated by advanced components, preserving image quality, operational precision, and compliance with safety standards. OEMs increasingly collaborate with cooling technology providers to adopt energy-efficient designs, intelligent temperature-management algorithms, and compact thermal solutions that enhance their products’ market competitiveness.
In addition, they also ensure cooling systems meet global regulatory requirements that govern medical device performance and patient safety.
Further, the hospitals segment was valued at USD 113.2 million in 2025. The efficiency of various types of medical devices, including MRI, CT, PET, surgical lasers, and electrosurgical devices, depends on a reliable cooling system to avoid overheating, reduce downtime, and produce accurate imaging and procedure results.
Hospitals also require ultra-clean, reliable medical air and temperature control for ventilators, anesthesia devices, and sensitive clinical environments, making cooled air systems essential for patient support and infection-safe operations.
Furthermore, as these facilities expand, the demand for efficient cooling systems increases to ensure patient safety, maintain optimal operating conditions, and support the continuous and reliable operation of medical equipment.
Looking for region specific data?
North America Medical Equipment Cooling Market
North America market accounted for majority share of 34.4% in 2025 in the global medical equipment cooling industry and is anticipated to show notable growth over the forecast period.
The U.S. medical equipment cooling market was valued at USD 132.6 million and USD 136.1 million in 2022 and 2023, respectively. In 2025 the market size was valued at USD 143.8 million from USD 139.8 million in 2024. Increased investments in healthcare technologies post-pandemic is projected to fuel the market growth.
North America continues to be among the largest markets for diagnostic imaging equipment in the world, owing to its large installed base of such equipment and the active replacement of aging infrastructure. In addition, the regional market is also witnessing a higher degree of performance and reliability requirements from the end users, as well as a higher degree of premium features (at higher price points) associated with cooling systems in comparison to other regions.
There is growing demand for upgrades and replacements to cooling systems in regional healthcare facilities due in part to the typical time frames between major equipment upgrades, such as 7-10 years for CT or MRI systems and 10-15 years for linear accelerators.
Further, these types of end-user requirements are also supported by a number of energy efficiency initiatives from utilities, as well as continuous efforts from healthcare systems to improve sustainability and increasingly stringent building energy codes that have resulted in specifying high-efficiency cooling equipment in spite of high acquisition costs.
Europe Medical Equipment Cooling Market
Europe accounted for a significant share of the global market and was valued at USD 136.2 million in 2025.
Europe's strong market position can be attributed to broad coverage of healthcare across the continent, stringent environmental regulations facilitating upgrades of equipment, and diversified national healthcare systems with varying methods of acquiring equipment.
In addition, companies are heavily influenced by the F-Gas Regulation created by the European Union for selecting technologies for cooling systems. The F-Gas Regulation demands the removal of high-GWP refrigerants from the market, thus potentially forcing many companies to replace their current cooling systems prior to the end of the system's expected life cycle in order to comply with regulations.
Moreover, the EU Energy Labelling Directive and Eco-design requirements set minimum standards for energy efficiency and require that products are labeled according to energy performance, thus motivating customers to buy high-efficiency systems.
Asia Pacific Medical Equipment Cooling Market
The Asia Pacific market accounted for a substantial share of the market and was valued at USD 115.1 million in 2025.
The Asia-Pacific region is currently the fastest-growing market in the world for healthcare infrastructure. It is growing due to the increasing demand for diagnostic imaging, as well as the growth of the pharmaceutical and biotechnology sectors and the increasing number of middle-income families that need access to better quality health care.
For example, China has a growing focus on improving its large healthcare infrastructure. As part of the government's healthcare reform, hospitals are being built and modernized, with a focus on upgrading diagnostic imaging and laboratory equipment, which is expanding the access to such equipment and services.
Similarly, India also has a large and growing healthcare market. In particular, private hospitals are being built at a substantial rate in the major cities. For example, Apollo Hospitals, Fortis Healthcare, and Max Healthcare are expanding their healthcare facilities and offer more complex imaging services and therapeutic capabilities.
Further, Southeast Asian countries, including Indonesia, Thailand, Vietnam, the Philippines, and Malaysia, among others, have been investing considerably in expanding capacity in their respective healthcare systems to accommodate the large population growth. One of the key factors driving growth in these markets is medical tourism, which is promoting the construction of new premium healthcare facilities.
Latin America Medical Equipment Cooling Market
The Latin American market is anticipated to exhibit remarkable growth during the analysis period.
Latin America’s rapidly growing healthcare system is propelling the medical equipment cooling systems to be in greater demand across regional countries, such as Brazil, Mexico, and Argentina.
Due to the growing prevalence of chronic illnesses such as cancers, heart disease, etc. in regional populations, healthcare providers are increasingly relying on advanced diagnostic or therapeutic imaging technologies that need dependable thermal management. Thus, Latin America is making extensive investments into modernizing hospitals/clinics, which may increase demand for reliable cooling for imaging systems (MRI/CT/PET) as well as laboratory/surgical equipment.
Further, with a rise in international medical tourism i.e., Mexico/Costa Rica, Brazil, there is a growing demand for reliable and highly engineered cooling systems to ensure that complex medical procedures can continue smoothly and equipment performs consistently.
Middle East and Africa Medical Equipment Cooling Market
The Middle East and Africa market is expected to experience substantial growth over the analysis timeframe.
An increasing number of cases of hyperthermia, stroke, and trauma is driving the demand for cooling technologies within medical facilities in the Middle East and Africa (MEA). As a result, there is an increasing focus on developing effective temperature-controlled systems (TCS) to enable efficient management of patients being treated at hospitals.
Additionally, to facilitate the use of TCS, many healthcare providers are leveraging new, intelligent cooling solutions that incorporate real-time monitoring, automation, and sensor-based adjustments into their workflows in order to improve the quality of care and minimize complications associated with the delivery of medical services.
In addition, there is increasing demand for thermal management as healthcare facilities continue to expand their use of advanced imaging equipment, including MRI, CT, and surgical lasers.
Furthermore, as hospitals in the MEA region modernize and upgrade their facilities, intelligent cooling systems that provide the ability to operate at peak efficiency and to extend the life of medical devices are becoming an integral part of the overall medical infrastructure.
Medical Equipment Cooling Market Share
Currently, the top 4 manufacturers account for approximately 28% of the global medical equipment cooling industry share in 2025. Most other manufacturers include small- to mid-sized global and regional manufacturers, specialized manufacturers of cooling equipment, and HVAC contractors serving customers in healthcare. The medical equipment cooling market tends to have moderate concentration due to lower barriers to entry for standard applications, better opportunities for product differentiation among manufacturers, and significant loyalty for regional service companies and existing relationships with customers.
Daikin has developed strategic alliances with major manufacturers of medical equipment. These alliances range from partnerships with major manufacturers of integrated HVAC solutions and other equipment providers to contractual agreements for factory-installed or bundled integrated cooling solutions that are supplied with the medical imaging products. All of these partnerships are intended to ease the complexity of purchasing the medical imaging product and ensure that its thermal management performance is optimized through the use of Daikin's products. The company's development plan for the next few years is based on phasing out existing refrigerants and developing products using or implementing R-32, R-454B, or CO2 refrigerants on a global basis.
Copeland manufactures condensing units designed for use in medical applications featuring low sound, corrosion-resistant design, and remote monitoring capabilities that help allow predictive maintenance programs to operate correctly. Various other participants within the market have a strong local and regional market presence. For instance, American Chillers competes in North America by providing customizable chiller systems designed specifically based on application engineering, along with fast delivery, and targeting replacement and retrofit business. Similarly, Glen Dimplex Group supplies cooling equipment through its Dantherm Division to Europe’s healthcare sector, based on the provision of energy efficient solutions as well as a complete customer service network.
Further, the competitive environment within the market emphasizes a scenario where product reliability and uptime performance are maintained as critical success factors. Energy efficiency has quickly become an important method for differentiating between competitors in this marketplace. Premium efficient equipment generally commands 25-40% higher acquisition costs compared with baseline efficient equipment. However, the energy cost savings associated with a premium-efficient piece of equipment justify the increased initial acquisition cost, especially in the case of large institutional applications.
Medical Equipment Cooling Market Companies
A few of the prominent players operating in the global medical equipment cooling industry include:
Ingersoll Rand expands industrial portfolio through strategic acquisitions, focusing on energy-efficient air treatment and compressor ecosystems while strengthening presence in high-growth sustainable end markets.
Boyd Chillers (Lytron Chillers) provides high-performance liquid-cooling systems with customization, engineering support, and lifecycle services to meet demanding thermal-management needs across critical applications.
Atlas Copco advances leadership in compressed-air and gas solutions by emphasizing innovation, energy efficiency, niche expansion, and global presence, supported by strong service growth and targeted acquisitions.
Medical Equipment Cooling Industry News
In January 2025, Daikin Industries announced its next-generation packaged chiller series utilizing R-32 refrigerant and incorporating advanced inverter-driven variable-speed compressor technology, optimized for medical equipment cooling applications. This product launch supports the company’s transition from R-410A to R-32, which offers approximately 68% lower global warming potential (GWP), while maintaining efficiency, performance, and reliability.
In December 2024, Copeland launched its CoreSense Diagnostics Suite for medical cooling applications, expanding its digital scroll compressor monitoring capabilities. The solution features enhanced alarm protocols, regulatory compliance documentation, and integration with hospital building management systems, which may strengthen the company’s market position through an expanded digital product portfolio.
In September 2024, Atlas Copco introduced the SmartAir Master controller, enabling integrated management of compressed air systems and cooling equipment in medical facilities. The unified control platform optimizes system efficiency and supports predictive maintenance across multiple equipment types, potentially improving the company’s sales prospects over the forecast period.
The global medical equipment cooling market research report includes an in-depth coverage of the industry with estimates and forecasts in terms of revenue in (USD Million) from 2022 - 2035 for the following segments:
to Buy Section of this Report
Market, By Product
Liquid-based cooling
Air-based cooling
Market, By Compressor
Reciprocating compressors
Scroll compressors
Screw compressors
Centrifugal compressors
Market, By Configuration
Packaged systems
Modular systems
Split systems
Market, By Application
Medical devices
Medical imaging systems
Magnetic resonance imaging systems (MRI)
Computed tomography scanners (CT)
Positron emission tomography systems (PET)
Medical lasers
Linear accelerators
Cold Storage and testing
Dehumidification
Analytical & laboratory equipment
Market, By End Use
Original equipment manufacturers (OEMs)
Hospitals
Diagnostic laboratories
Other end use
The above information is provided for the following regions and countries:
North America
U.S.
Canada
Europe
Germany
UK
France
Spain
Italy
Asia Pacific
China
Japan
India
Australia
South Korea
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
Saudi Arabia
UAE
Author: Mariam Faizullabhoy , Gauri Wani
Frequently Asked Question(FAQ) :
Who are the key players in the medical equipment cooling market?+
Key players include Daikin Industries, Glen Dimplex Group, Copeland, Boyd Chillers, Atlas Copco, Ingersoll Rand, Lytron Chillers, Motivair Corporation, and American Chillers. These
What are the key trends shaping the medical equipment cooling industry?+
Key trends include rising adoption of energy-efficient and eco-friendly cooling systems, integration of intelligent monitoring and automation technologies, expansion of precision cooling for advanced medical devices, and increasing use of low-GWP refrigerants to meet regulatory standards.
Which region leads the medical equipment cooling market?+
North America leads the global market, accounting for 34.4% share in 2025. Market dominance is driven by a large installed base of diagnostic imaging equipment, frequent system upgrades, and strong investments in healthcare infrastructure.
What is the growth outlook for the cold storage and testing segment during the forecast period?+
The cold storage and testing segment is projected to grow at a CAGR of 4.5% through 2035. Increasing biobanking activities, vaccine storage requirements, and pharmaceutical testing demand are driving rapid adoption of advanced cooling solutions.
What was the valuation of the scroll compressor segment in 2025?+
The scroll compressor segment was valued at USD 155.2 million in 2025, holding a leading share due to its high reliability, low vibration, quiet operation, and energy efficiency in small- to medium-capacity medical cooling applications.
How much revenue did the liquid-based cooling segment generate in 2025?+
The liquid-based cooling segment accounted for 54.9% of the market in 2025, making it the dominant product category. Its leadership is supported by high heat-removal efficiency, compact design, and widespread use in MRI, CT, and radiation therapy systems.
What is the medical equipment cooling market size in 2025?+
The market size for medical equipment cooling is valued at USD 474.1 million in 2025. Rising prevalence of chronic diseases, increasing diagnostic imaging procedures, and growing demand for reliable thermal management systems are supporting market growth.
What is the market size of the medical equipment cooling industry in 2026?+
The market size for medical equipment cooling reached USD 490.2 million in 2026, reflecting steady expansion driven by higher investments in medical imaging, laboratory infrastructure, and healthcare modernization.
What is the projected value of the medical equipment cooling market by 2035?+
The medical equipment cooling market is expected to reach USD 710.8 million by 2035, growing at a CAGR of 4.2%. This growth is fueled by expanding use of advanced diagnostic equipment, precision medicine adoption, and stringent temperature-control requirements in healthcare facilities.