Market Overview:
The global medical air conditioners market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for medical air conditioners from hospitals, clinics, and other healthcare facilities. Additionally, the growing awareness about energy-efficient medical air conditioners is also contributing to the growth of this market. The global medical air conditioners market can be segmented on the basis of type into rooftop, classic, and invertermedical airconditioners.
Product Definition:
A medical air conditioner is a device used to cool and clean the air in a hospital, clinic, or other medical facility. The importance of medical air conditioners is that they help keep patients healthy by removing contaminants from the air and cooling the environment.
Rooftop:
Rooftop is the part of a roof that extends beyond the wall and over the edge of a building. It's primary function is to provide space and shelter for people or equipment. Roofing materials are used to protect buildings from rain, snow, wind, etc., as well as provide insulation against heat loss inside the building. The material used depends on various factors including regional climatic conditions and construction type (new/old).
Classic:
The global medical air conditioners market is expected to grow at a significant rate owing to the increasing demand for portable devices that can maintain an adequate temperature in healthcare facilities. The ability of these systems to provide proper ventilation and control over humidity levels is expected to drive their demand in hospitals, clinics, and other healthcare facilities.
Application Insights:
Based on application, the global medical air conditioners market is segmented into hospitals, clinics and other healthcare facilities, and others. The hospitals segment dominated the overall market in 2017 owing to increasing government funding for hospital construction across various countries. For instance, according to a study published by Joint Commission International in 2016 found that nearly USD 25 billion was spent globally on hospital construction from 2012 through 2013. This amount was increased by around USD 35 billion from 2013 through 2014 which indicates an increase of more than 15% annually in this sector over the past few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing demand for air conditioning in commercial buildings, such as hotels and restaurants, coupled with rising adoption of inverter technology. In addition, presence of major players and favorable government policies are anticipated to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth over the next eight years due to rapid urbanization along with growing population in countries like India and China. Moreover, improving standard of living coupled with rising disposable income levels will augment market growth during this period. Rising investments by governments for construction of new hospitals & clinics will also support regional demand during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for medical air conditioners from the healthcare sector as a result of rising awareness about their benefits and growing number of hospitals and clinics.
- Rapid urbanization and the consequent increase in demand for air conditioning systems in residential and commercial buildings, especially in developing countries.
- Growing popularity of energy-efficient medical air conditioners that consume less power, helping to reduce overall operating costs.
- Rising investments by governments in healthcare infrastructure development projects, which is likely to lead to an increase in demand for medical air conditioners over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Air Conditioners Market Research Report
By Type
Rooftop, Classic, Inverter
By Application
Hospitals, Clinics, Other Healthcare Facilities
By Companies
Carrier, CIAT, Clivet, STULZ Air Technology System, DencoHappel, Hitachi America,Ltd., Daikin, Panasonic, Airedale, Carrier
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Medical Air Conditioners Market Report Segments:
The global Medical Air Conditioners market is segmented on the basis of:
Types
Rooftop, Classic, Inverter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Other Healthcare Facilities
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carrier
- CIAT
- Clivet
- STULZ Air Technology System
- DencoHappel
- Hitachi America,Ltd.
- Daikin
- Panasonic
- Airedale
- Carrier
Highlights of The Medical Air Conditioners Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rooftop
- Classic
- Inverter
- By Application:
- Hospitals
- Clinics
- Other Healthcare Facilities
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Air Conditioners Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical air conditioners are specifically designed to cool and humidify rooms in hospitals, medical clinics, and other healthcare facilities. They use a variety of cooling methods, including evaporative cooling, refrigeration, and ice technology. Medical air conditioners are often quieter than standard units and can be more efficient in using energy.
Some of the major players in the medical air conditioners market are Carrier, CIAT, Clivet, STULZ Air Technology System, DencoHappel, Hitachi America,Ltd., Daikin, Panasonic, Airedale, Carrier.
The medical air conditioners market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Air Conditioners Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Medical Air Conditioners Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Air Conditioners Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Medical Air Conditioners Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Medical Air Conditioners Market Size & Forecast, 2020-2028 4.5.1 Medical Air Conditioners Market Size and Y-o-Y Growth 4.5.2 Medical Air Conditioners Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rooftop
5.2.2 Classic
5.2.3 Inverter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Other Healthcare Facilities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Air Conditioners Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Air Conditioners Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rooftop
9.6.2 Classic
9.6.3 Inverter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Other Healthcare Facilities
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rooftop
10.6.2 Classic
10.6.3 Inverter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Other Healthcare Facilities
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rooftop
11.6.2 Classic
11.6.3 Inverter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Other Healthcare Facilities
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rooftop
12.6.2 Classic
12.6.3 Inverter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Other Healthcare Facilities
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rooftop
13.6.2 Classic
13.6.3 Inverter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Other Healthcare Facilities
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Air Conditioners Market: Competitive Dashboard
14.2 Global Medical Air Conditioners Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carrier
14.3.2 CIAT
14.3.3 Clivet
14.3.4 STULZ Air Technology System
14.3.5 DencoHappel
14.3.6 Hitachi America,Ltd.
14.3.7 Daikin
14.3.8 Panasonic
14.3.9 Airedale
14.3.10 Carrier