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Parcel and Postal Automation Systems Market Worth $4,497.1 Million by 2025, Says Meticulous Research®
Meticulous Research® – leading global market research company published a research report titled “Parcel and Postal Automation Systems Market by Product (Parcel Sorting Systems, Mail Sorting Systems, Automatic Reading and Coding systems, Parcel and Postal Software), Component (Hardware, Software, Services), Application (Courier, Express, & Parcel; Government Postal), and Geography– Global Forecast to 2025”.
According to this latest publication from Meticulous Research®, the global parcel and postal automation systems market is projected to reach $4,497.1 million in 2025 from $2,830.0 million in 2018, growing at a CAGR of 6.8%. The growth of this market will be driven by factors such as growth in the e-commerce industry, increasing labor costs, and rising need for automated sorting and delivery processes in the postal industry. On the other hand, the declining volume of traditional mails, along with design and operational challenges are expected to be the key challenges of this market.
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The global parcel and postal automation systems market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2025-by product (parcel sorting systems, mail sorting systems, automatic reading and coding systems, and parcel and postal software), component (hardware, software, and services), and application (courier, express, & parcel; government postal). The study also evaluates industry competitors and analyzes the market at regional and country level.
On the basis of product, the global parcel and postal automation market is segmented into parcel sorting systems, mail sorting systems, automatic reading and coding systems, and parcel and postal software broadly. Parcel sorting systems segment is further segmented into linear and loop parcel sorters. Linear parcel sorters hold the largest share of the parcel sorting systems; however, loop parcel sorters are expected to grow at the fastest growth rate owing to increasing parcel volumes and increased utilization of space by companies. Mail sorting systems are further segmented into letter sorters, culler facer cancellers, flat sorters, and mixed mail sorters. The letter sorter systems segment accounted for the largest share of the mail sorting systems market, whereas culler facer cancellers will witness the fastest growth during the forecast period owing to advancements in IT solutions.
Browse key industry insights spread across 167 pages with 135 market data tables & 20 figures & charts from the report:
https://www.meticulousresearch.com/product/parcel-postal-automation-systems-market/
On the basis of application, parcel and postal automation systems market is segmented into two major segments namely, government postal; and courier, express & parcels. Courier, express & parcels segment accounted for the largest share of the global parcel and postal automation systems market in 2017. However, government postal segment will witness the fastest growth during the forecast period owing to increasing adoption of digitization and developments in the government postal sector.
This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and RoE), Asia Pacific (China, Japan, Korea, India, and RoAPAC), Latin America, and Middle East & Africa. North America accounted for the largest share of the global parcel and postal automation systems market in 2017. Factors such as highly growing e-commerce industry in the U.S., increasing demand for automation, and presence of well-established infrastructure which allows implementation of advanced technologies are expected to drive the growth of parcel and postal automation systems market in this region. However, APAC region is expected to grow with the highest growth rate during the forecast period. Factors such as rising online and e-commerce sales are driving the growth of the parcel and postal automation systems market in this region.
The key players profiled in the global parcel and postal automation systems market report are Siemens AG, Beumer Group, Pitney Bowes, Vanderlande Industries, Solystic SAS, Toshiba, NEC Corporation, Zebra Technologies, Fives Group, and National Presort Inc.
Top 10 Companies in this market:
https://meticulousblog.org/top-10-companies-in-parcel-and-postal-automation-systems-market/
Scope of Parcel And Postal Automation Systems Market Report:
Parcel and Postal Automation Market by Component
Hardware
Services
Software
Parcel and Postal Automation Market by Product
Parcel Sorting Systems
Mail Sorting Systems
Automatic reading and coding systems
Parcel and Postal Software
Linear Parcel Sorters
Loop Parcel Sorters
Culler Facer Cancellers
Letter Sorters
Flat Sorters
Mixed Mail Sorters
Parcel and Postal Automation Market by Application
Government Postal
Courier, Express, & Parcel
Parcel and Postal Automation Market by Geography
North America
Europe
Asia Pacific (APAC)
Latin America
Middle East & Africa
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Rest of Europe (RoE)
China
Japan
Korea
India
Rest of APAC (RoAPAC)
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https://www.meticulousresearch.com/download-sample-report/cp_id=4427
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.
Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Connect with us on Twitter- https://twitter.com/MeticulousR123
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North America Quality Management In Healthcare Market- Top 10 Companies, Industry Size, Revenue and Forecast to 2024
Meticulous Research® – leading global market research company published a research report titled “North America Healthcare Quality Management Market by Software (BI, Analytics, Reporting, Performance Improvements), Mode of Delivery (Cloud, Web, On premise), Application (Data, Risk Management) & End User (Hospital, Ambulatory Care, Payor) – Forecast to 2024″.
According to this latest publication from Meticulous Research®, North America quality management in healthcare market is expected to grow at a CAGR of 15.8% from 2018 to reach $2.95 billion by 2024, driven by the government initiatives to improve patient outcomes & safety, increasing unstructured data in healthcare, rising geriatric population & burden of chronic diseases, and improving health IT infrastructure. However, data privacy & confidentiality issues, lack of interoperability, and reluctance to migrate from conventional systems is expected to hinder the growth of quality management solutions market to some extent.
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The North America quality management in healthcare market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2024-by type (business intelligence & analytics, physician quality reporting solutions, clinical risk management solutions, provider performance improvement solutions), mode of delivery (web & cloud-based solutions, on-premise solutions), application (data management, risk management), and end user (hospitals, ambulatory care centers, healthcare payers, government bodies & others). The study also evaluates industry competitors and analyzes the market at country level.
Based on types, Business Intelligence & Analytics commanded the largest share of North America healthcare quality management market in 2017, owing to the ability of analytics to extract meaningful, actionable insights from the wealth of raw information that is the key to improve quality and patient outcomes.
Based on the applications, data management dominated the North America quality management in the healthcare market in 2017. Data Processing & Analysis showcase significant adoption and are also expected to witness the highest growth. Factors such as increasing volume of disparate data and the requirement of quality-based reports by regulatory bodies make data management a preferred option for several large healthcare organizations.
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https://www.meticulousresearch.com/product/north-america-quality-management-healthcare-market/
Hospitals are the leading adopters of quality management in healthcare and are also expected to witness the fastest CAGR during the forecast period, owing to growing HCIT adoption, increasing focus on quality care and patient safety, significant growth in health care spending and venture capital investments in HCIT, rising medical error rates, increasing healthcare costs, and government mandates to follow quality measures and reporting.
This research report analyzes major countries and provides a comprehensive analysis of North America (U.S., Canada). The U.S. commanded the largest share of the North American quality management in the healthcare market in 2017, followed by Canada. The largest share of this country is primarily attributed to rising need to curtail growing healthcare costs and improve patient outcomes, implementation of Affordable Care Act (ACA) in the U.S., stringent legislative and accreditation requirements regarding healthcare quality reporting, shift from fee-for-service to value-based reimbursements, growing patient data volume, high awareness and adoption of healthcare IT technologies, regulatory requirements to minimize medical errors and clinical risk, and the presence of a large number of healthcare IT companies in the country.
The major players operating in the North America quality management in healthcare market are McKesson Corporation, Medisolv, Inc., Nuance Communication, Inc., Quantros, Inc., Dimensional Insight, Inc., Dolbey Systems, Inc., Verscend Technologies, Inc., MedeAnalytics, Inc., Citiustech Inc., Conduent, Inc., ArborMetrix, Inc., Altegra Health (Change Healthcare), General Dynamics Health Solutions, Cognizant Technology Solutions Corporation, 3M Company, Truven Health Analytics (IBM Watson Health), and Persivia, among others.
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Scope of North America Quality Management In Healthcare Market Report:
Market by Software Type:
Business Intelligence & Analytics
Physician Quality Reporting Solutions
Clinical Risk Management Solutions
Provider Performance Improvement Solutions
Market by Mode of Delivery:
Web-& Cloud-based solutions
On-premise solutions
Market by Application:
Data Management
Risk Management
Data Processing & Analysis
Unstructured Data Abstraction
Report Generation & Regulatory Submission
Market by End User:
Hospitals
Ambulatory Care Centers
Healthcare Payers
Government bodies& Others
Market by Geography:
U.S.
Canada
Get This Report at 20% discount (offer valid till 31st march 2020):
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(Report includes: 130 pages, TOC, 47 data tables, 36 figures, charts and graphs)
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.
Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Connect with us on Twitter- https://twitter.com/MeticulousR123
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Sustainable Growth Opportunities in the Artificial Intelligence in Security Market by 2027
Meticulous Research® – leading global market research company studying report titled “Artificial Intelligence in Security Market by Offering (Hardware, Software, Service), Security Type (Network Security, Application Security), Technology (Machine Learning, NLP, Context Awareness), Solution, End-User, and Region - Global Forecast to 2027’’.
According to this latest publication from Meticulous Research®, Artificial Intelligence in Security Market will increase at a CAGR of 22.9% from 2019 to 2027 to exceed market revenue beyond $50 billion by 2027. IoT combines connectivity with sensors, devices, and people, enabling a form of free-flowing conversation between man & machine and software & hardware. Whereas, AI is expected to make a huge impact on the economy by transforming enterprises into digital businesses and facilitating new business models, improving efficiency, and increasing employee-customer engagement and cybersecurity. Artificial intelligence power with IOT connectivity is used to protect and secure the network connecting IoT devices to back-end systems on the Internet. AI in security authenticates an IoT device by managing multiple users of a single device platform. Moreover, it ranges from simple pins or static password to more robust authentication mechanisms such as digital certificates, biometrics, and two-factor authentication. AI also aids in connecting the physical and digital world by tracking objects, collect data, analyze it, and take required action. Modern security AI can monitor activities of an object along with its progress in a specific time period. According to the Internet Crime Complaint Center (IC3), in 2016, cybercrimes resulted in losses of over $1.33 billion, globally. Such exponential loss is expected to propel the demand for security solutions, thus propelling the growth of the artificial intelligence in security market significantly.
✅
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The artificial intelligence in security market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2027 - by offering, security type, technology, solution, and end-user. The study also evaluates industry competitors and analyzes the market at regional and country level.
Application Security Segment to Witness Fastest Growth through 2027
Based on security type, the market is segmented into endpoint security, network security, application security, and cloud security. In 2018, endpoint security accounted for the largest share of the global artificial intelligence in security market. The large share of this segment is attributed to the rapidly increasing number of connected devices worldwide. However, application security segment is expected to register the highest growth rate since many organizations have started using large number of applications for their business operations that are needed to be secured from threats.
Machine Learning to Provide Significant Growth Opportunities
Based on technology, the artificial intelligence in security market is segmented into machine learning, Natural Language Processing (NLP), and context awareness computing. Machine learning segment is expected to witness rapid growth during the forecast period, owing to its ability to collect and handle big data and quickly scan, parse, and react to anomalies. Machine learning can also help operators reverse engineer attacks to make improvements to their systems, by addressing and preventing attacks before they happen.
Asia-Pacific: The Fastest Growing Regional Market
North America commanded the largest share of the global artificial intelligence in security market in 2018, followed by Asia-Pacific, Europe, Latin America, and Middle East & Africa. However, Asia-Pacific is the fastest growing regional market due to the increasing incidents of cyberattacks and growing cyber-war; rising concerns about data security; rapid adoption of cybersecurity solutions and machine learning; high adoption of advanced technologies, such as IoT, big data analytics, and cloud computing; and increasing number of 5G pilot projects in the region.
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Analysis of Artificial Intelligence in Security Market Segments
The global artificial intelligence in security market is segmented by offering (hardware, software, services), security type (endpoint security, network security, application security, cloud security), technology (machine learning, natural language processing, context awareness computing), solutions (identity and access management, risk and compliance management, encryption, data loss prevention, unified threat management, antivirus/antimalware, intrusion detection/prevention system, others), end-user (enterprise, bfsi, government & defense, retail, healthcare, manufacturing, automotive & transportation, infrastructure, others), and geography.
Based on security type, endpoint security accounted for the largest share of the global artificial intelligence in security market. The large share of this segment is mainly attributed to the rapidly increasing number of connected devices worldwide.
Based on technology, machine learning segment is expected to witness rapid growth during the forecast period, owing to its ability to collect and handle big data and quickly scan, parse, and react to anomalies.
Artificial Intelligence in Security Market Key Players
The major players operating in the global artificial intelligence in security market are Acalvio Technologies, Inc. (U.S.), Amazon.Com, Inc. (U.S.), Cylance Inc. (U.S.), Darktrace Limited (U.K), IBM Corporation (U.S.), Intel Corporation (U.S.), Micron Technology (U.S.), Nvidia Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), Securonix, Inc. (U.S.), Sift Science (U.S.), Skycure Inc. (U.S.), Sparkcognition Inc. (U.S.), Threatmetrix Inc. (U.S.), and Xilinx Inc. (U.S.)
✅To Gain Crucial Industry key insights of this market, visit:
https://www.meticulousresearch.com/product/artificial-intelligence-in-security-market-4991/
Artificial Intelligence in Security Market Segmentation:
AI in Security Products
Hardware
Software
Services
AI in Security Types
Endpoint Security
Network Security
Application Security
Cloud Security
AI in Security Technologies
Machine Learning
Natural Language Processing (NLP)
Context Awareness Computing
AI in Security Solutions
Identity and Access Management (IAM)
Risk and Compliance Management
Encryption
Data Loss Prevention (DLP)
Unified Threat Management (UTM)
Antivirus/Antimalware
Intrusion Detection/Prevention System (IDS/IPS)
Others
AI in Security End-Users
Enterprise
BFSI
Government & Defense
Retail
Healthcare
Manufacturing
Automotive & Transportation
Infrastructure
Others
AI in Security Segmentation by Geography
U.S.
Canada
Mexico
Germany
U.K.
France
Italy
Spain
Rest of Europe
China
Japan
South Korea
India
Australia
Rest of APAC
Latin America
Middle East & Africa
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Browse more blogs here:
1.TOP 10 COMPANIES IN ENVIRONMENTAL MONITORING MARKET
2.TOP 10 COMPANIES IN ALGAL PIGMENTS MARKET
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#Artificial Intelligence in Security Market size#Cybersecurity#AI#AI in security#Artificial Intelligence in Security Market
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Owing to increasing environmental issues, a precise process for sampling of air, water, soil, and biota is required to characterize and monitor the quality of the environment for...
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Meticulous Research® –leading global market research company published a research report titled “#Telehealth market/#Telemedicine Market by Component (Service, Software, Device), Mode of Delivery (On premise, Web, Cloud), Application (Radiology, Cardiology, Primary/Urgent Care, ICU, Mental Health),...
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Automotive IoT Market by Platform (Data Management), Component (Sensor, GPS, Bluetooth, Wi-Fi), Data Converter (ADC), Connectivity (Embedded), End User (OEM), Application (ADAS, Fleet Management, Infotainment)– Global Forecast to 2025
#meticulous market research pvt. ltd.#automotive iot market#internet of things#internet of things market#automotive iot
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Asia-Pacific Orthodontics Market Business Opportunities and Forecast Outlook till 2025
Meticulous Research® – a leading global market research company published a research report titled “Asia-Pacific Orthodontics Market by Product [(Removable, Fixed Braces (Brackets (Metal, Ceramics), Archwire (Beta Titanium, Stainless Steel), Anchorage Appliances, Ligature, Retainers)], Patient (Children and Teen, Adult) - Forecast to 2025”.
According to this latest publication from Meticulous Research®, the Asia-Pacific orthodontics market is expected to grow at a CAGR of 36.4% from 2019 to reach $4.2 billion by 2025. The growing number of dentists and clinics, increasing prevalence of malocclusion, and growing awareness about advanced orthodontic treatments are the key factors driving the growth of this market. On the other hand, high cost of advanced orthodontic treatments and limited reimbursement is expected to hinder the growth of this market.
The APAC orthodontics market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by product (removable, fixed braces (brackets (metal, ceramics), archwire (beta titanium, stainless steel), anchorage appliances, ligature, retainers), and by patient (children and teen, adult). The study also evaluates industry competitors and analyzes the market at country level.
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Fixed braces market is further segmented into brackets, archwires, anchorage appliances, and ligatures. Bracket segment accounted for the largest share of the fixed braces market. Brackets market is further segmented into metal and ceramic. Metal brackets accounted for the largest share due to their high adoption in Asian countries with its low cost and high strength. However, ceramic brackets market is expected to grow at the highest CAGR in the next few years. However, higher incidence of fracture during debonding is expected to hinder its adoption to a certain extent.
On the basis of patient or age group, orthodontics market for children and teen commanded the largest share of APAC market in 2018. The large share and high growth of this market is mainly attributed to growing adoption of orthodontic treatment among teenagers, and growing number of orthodontists across the Asia-Pacific region.
This research report analyzes major geographies and provides comprehensive analysis of Japan, China, India, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Taiwan, and Rest of Asia-Pacific. China commanded the largest share of the APAC orthodontics market in 2018, followed by Japan and India. The largest share of China is mainly attributed to large patient pool, increasing number of dentists, supportive healthcare reform in China, and expanding presence of key players in the country. Increasing disposable income and growing awareness on oral health are further expected to drive the growth of this market in the country. In China, there were around 400,000 orthodontic cases in 2014 which are growing at a rate of 20% annually and expected to reach 1.1 million cases by 2020. In addition, increasing number of dentists offering orthodontic treatment, growing number of beauty hospitals, and growing number of teen demanding orthodontic treatment are further expected to drive the orthodontic cases in the country which will propel the adoption of the orthodontic products in the country.
Read Full Research Report with table of contents:
https://www.meticulousresearch.com/product/asia-pacific-orthodontics-market-4978/
Asia-Pacific Orthodontics Market Key Players
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 5 years (2015-2019). The major players operating in the APAC orthodontics market are Align Technology, Inc. (U.S.), 3M Company (U.S.), and Danaher Corporation (U.S.), DENTSPLY SIRONA Inc. (U.S.), Straumann AG (Switzerland), G&H Orthodontics (U.S.), Great Lakes Orthodontics, Ltd. (U.S.), DB Orthodontics (U.K.), DENTAURUM GmbH & Co. (Germany), and TP Orthodontics, Inc. (U.S.) among others.
Key questions answered in the report:
Growing dental tourism in Southeast Asian countries to drive the overall Asia Pacific orthodontics market
What factors contribute to turn Asia Pacific one of the most preferred dental tourism hub?
How does the adoption of orthodontic products and procedures in developed countries differ from developing countries?
What are the factors propelling the growth of orthodontic products and procedures in Southeast Asian countries?
How is the competitive scenario between global companies and local companies operating in Asia pacific market?
Which are the high growth market segments in terms of product, patient, and geography?
Fixed braces accounted for the largest share of the orthodontics market in Asia Pacific
What factors contribute to the frequent adoption of the fixed braces by end users?
Which country is expected to experience the fastest growth in the usage of fixed braces in children and teen and adult patient population?
What are the geographical trends and high growth regions/ countries for each product segment in Asia Pacific?
China market favours both larger and local manufacturers that compete in multiple segments
What are the top competitors in this market and what strategies do they employ to gain shares?
Who are the major players in various countries of Asia Pacific and what share of the market do they hold?
What is driving growth and which market segments have the most potential for revenue expansion over the forecast period?
What are the major drivers, restraints, opportunities, and challenges in the orthodontics market?
Recent partnerships, acquisitions, and expansions have taken place in Asia Pacific orthodontics market
Which companies have recently merged/acquired to establish their presence in Asia Pacific market?
What companies have created partnerships and how will these partnerships promote a competitive advantage?
How will these mergers/acquisition and partnerships affect the competitive landscape of Asia Pacific orthodontics market?
What are the key strategic developments employed by market players to compete in this market?
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“The global nematicides market will grow at a CAGR of 3.0% from 2018 to 2023 to reach $1,344.5 million by 2023” says Meticulous Research.
In order to fulfill the food demand of growing population, advanced productive agricultural materials are required. Over the last several decades, there have been tremendous efforts to improve agricultural yields through new technologies such as nematicides. Nematicides refers to the application of chemical or biological products to the crop with various modes of applications in order to suppress, control or repel nematode pests that attack seeds, seedling or plants.
Here are the top 10 companies in global Nematicides market- http://bit.ly/2vCC1QT
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Dairy Ingredients Market by Product (Milk Powder, Milk Protein, Whey Protein, Lactose and Derivatives, Casein Protein), Source (Milk Based, Whey Based), Production Method (Traditional, Membrane separation), Application (Bakery and Confectionery, Dairy Products, Infant Milk Formula, Sports Supplements, Paediatrics, Medical Nutrition) - Global Forecast to 2025.
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Chromatography Market Size, by Systems (Liquid Chromatography, Gas Chromatography, Supercritical Fluid Chromatography, and Thin-Layer Chromatography), by Accessories (Detectors, Auto-Samplers, Pumps and Flow Meters, Fraction Collectors, and Others), by Consumables (Columns, Vials, Tubings, and other Consumables), by End User - Global Forecast to 2022
#Chromatography (Instruments Accessories and Consumables) Market#Chromatography#Chromatography Instruments#Chromatography Accessories#Chromatography Consumables
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#meticulous market research pvt. ltd.#multimodal imaging systems#multimodal imaging market#multimodal imaging technology#pet/ct scanner
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Top 10 Companies in Parcel And Postal Automation Systems Market 2025
🔹According to this latest publication from Meticulous Research®, the global parcel and postal automation systems market is projected to reach $4,497.1 million in 2025 from $2,830.0 million in 2018, growing at a CAGR of 6.8%.
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🔹The growth of this market will be driven by factors such as growth in the e-commerce industry, increasing labor costs, and rising need for automated sorting and delivery processes in the postal industry. On the other hand, the declining volume of traditional mails, along with design and operational challenges are expected to be the key challenges of this market.
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Medical Cooling Systems Market Report with Trends, Analysis and Forecast 2018-2024
A report into the projected growth of the current medical cooling systems market by Meticulous Research® has produced lucrative forecasts for the industry. By 2024, it’s expected to have grown at a CAGR of 7.5%, reaching $2.8 billion.
Future Looks buoyant for medical cooling systems
In a report published today, Meticulous Research® has stated that the size of the global medical cooling systems market will reach an impressive $2.8 billion by 2024.
✅Find Top 10 Companies in Medical Cooling Systems Market
Maintaining optimal temperature is one of the prime requirements for effective working of MRI, CT, and PET. When these…meticulousblog.org
Top 10 Companies in Medical Cooling Systems Market — Meticulous Blog
The researchers believe that the growth will be driven by a variety of factors. These include: reliable patient care and economic benefits offered by medical chillers, technological advancements in medical chillers, government initiatives to boost the number of hospitals, and increasing elderly population coupled with growing prevalence of chronic diseases.
Medical cooling systems are used to reduce heat load generated by medical equipment during diagnostic procedures. By doing this, the medical cooling systems are able to maintain life cycle of imaging equipment and helps to achieve the goal of quality patient care.
The report states that the medical cooling equipment accounts for the largest share of the market (by product type) and is expected to grow at a CAGR of 7.8% from 2018 to 2024. Meticulous Research® speculated as to why this area is emerging as the largest and fast-growing segment: “High demand from medical imaging system manufacturers and greater sales volume compared to accessories”.
On the basis of type, water-cooled chillers commanded the largest share due to their advantages such as low compressor cost, greater life span, low noise, suitability for facilities with small space and restricted air flow, and absence of toxic refrigerants. However, air-cooled chillers will grow at the fastest rate due to their increasing efficiency and growing scarcity of water across many parts of the world.
Packaged systems are dominating the medical cooling systems market categorized by type of model. Advantages of packaged systems over other models such as easy installation, cost-effectiveness, and limited space requirements support their largest share. However, the modular systems are expected to grow at the fastest rate.
On the basis of compressor type, scroll compressors commanded the largest share due to their advantages such as higher efficiency in terms of heat rejection capacity and less vibrations & noise compared to other types.
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Based on application, imaging application segment comprising MRI, CT, Linear Accelerator, PET, and others accounted for the largest share due to high demand; advancements in imaging technologies; and high prevalence of chronic diseases such as cancer, neurological disorders, and others.
OEMs are the major end users owing to the fact that the medical cooling systems are largely required by them for their diagnostic imaging systems. In addition to this, the ample availability of imaging equipment specific cooling systems from various manufacturers and relatively high purchasing power of OEMs further supports the largest share of OEMs in the medical cooling systems market.
This research report analyzes major geographies and provides comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and the Middle East & Africa. North America captured a significant share of this market, while Asia Pacific is expected to register highest CAGR during the forecast period. The high growth in the forecast period will be due to accelerated economic growth in many countries; growing government focus on healthcare sector; rising prevalence of chronic diseases; increasing number of hospitals & diagnostic centers; and growing geriatric population in the region.
Global medical cooling systems market Key players:
Key Players operating in the global medical cooling systems market include · Lytron Inc.,
· Filtrine Manufacturing Company,
· Carrier Corporation,
· Ecochillers Inc.,
· Parker Hannifin Corporation,
· Legacy Chiller Systems, Inc.,
· Motivair Corporation,
· Cold Shot Chillers,
· American Chiller Service, Inc.,
· General Air Products, Inc.,
· Drake Refrigeration, Inc.,
· KKT chillers, Inc.,
· Glen Dimplex Group,
· Johnson Thermal Systems Inc.,
· Whaley Products, Inc., among others.
✅ Browse Full Report Description with list of tables and figures across 202 pages: https://www.meticulousresearch.com/product/medical-cooling-systems-market/
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#Tissue Diagnostics Market#Tissue Diagnostics#Diagnostics#Tissue Diagnostics technology#Diagnostics technology#medicaltechnology#healthcare
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