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 types of equipment are in operation, they generate a lot of heat which needs to be removed immediately without shutting down the equipment. Medical cooling systems or chillers play an important role in maintaining the equipment temperature. Medical cooling systems reduce the heat load generated by the equipment and enable seamless patient diagnosis.

The global market for medical cooling systems is expected to grow at a CAGR of 7.5% from 2018 to 2024 to reach $2.8 billion by 2024.

Here are the top 10 companies in Medical Cooling Systems:

Glen Dimplex Group

Glen Electric was established in 1973 and headquartered at Dublin, Ireland. After the acquisition of Dimplex in 1977, the company was renamed as Glen Dimplex Group. The company is engaged in providing electrical heating and renewable energy solutions. The company serves in domestic appliances, cooling, and ventilation with wide range of low-carbon solutions for space and water heating. The company offers cooling systems under the Thermal Solutions division. The company offers standard and customized medical cooling systems under the brands Riedel and Koolant Koolers. More than 60,000 chillers manufactured by the company are used across the world. Riedel Cooling manufactures standard and custom cooling systems for medical equipment such as computer tomography (CT), magnetic resonance imaging (MRI), cardiology, and others.

The company has its presence across North America, Norway, Australia, Japan, China, Germany, and Ireland.

Cold Shot Chillers

Cold Shot Chillers was started as Zarsky Industries Inc., a HVAC repair company in Houston, Texas in late 1970s and became Cold Shot Chillers in 2006. The company is involved in providing flexible cooling solutions and customized solutions for various industries such as medical, plastic processing, food & beverage, metal finishing, and others. The company offers both air-cooled and water-cooled medical cooling systems. The medical cooling systems provided by the company have cooling capacity of 90,000 BTU/hr.

The company distributes medical cooling systems or chillers mainly for radiation therapy cancer treatment machines, MRIs, CTs, blood cooling systems, laboratory applications, and others.

Parker Hannifin Corporation

Incorporated in 1938 and headquartered at Ohio, the U.S.; Parker Hannifin Corporation is engaged in manufacturing motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company has two reportable segments, namely, Diversified Industrial and Aerospace Systems. The company provides medical cooling systems under the Engineered Material Group of Diversified Industrial business segment. The company offers both standard and custom products to original equipment manufacturers (OEMs). These products are distributed through approximately 16,900 independent distributor locations throughout the world. The company offers these products through Parker and Hiross brand.

With its subsidiaries and strong network of distribution, the company has its presence in 39 states within the U.S. and 49 other countries. The company has geographic locations across North America, Europe, Asia-Pacific, and Latin America. The company had around 310 manufacturing plants of which 291 were for Diversified Industrial business till June 2018.

Legacy Chiller Systems, Inc.

Established in 1997 and headquartered at Pennsylvania, the U.S.; Legacy Chiller Systems, Inc. is engaged in manufacturing process chillers for industrial and commercial fluid cooling applications. The company offers air-cooled and water-cooled process chillers based on Nexus Chiller Technology, majorly for MRI, CT, linear accelerator, PET, and other applications. The company offers these products to OEMs such as General Electric (U.S.), Siemens (Germany), Philips (the Netherland), Varian Medical Systems (U.S.), and Elscint Automation (India). Along with standard medical cooling systems, the company offers OEM specific customized solutions.

The company has around 100,000 square foot chiller production facility in the U.S.

Johnson Thermal Systems Inc.

Founded in 2004 and headquartered at Idaho, the U.S.; Johnson Thermal Systems Inc. is engaged in providing refrigeration products, electrical control products and packaged control room systems. The company serves various industries, namely, pharmaceutical, air-conditioning, dairy, craft beverage, medical, municipal, and agriculture. The company provides medical cooling systems under its refrigeration division. Along with standard medical cooling systems, the company offers customized parts or units as well.

A report into the projected growth of the current Medical Cooling Systems Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2024, it’s expected to have grown at a CAGR of 7.5%, reaching over $ 2.8 billion.

American Chiller Service, Inc.

Founded in 1988 and headquartered at California, the U.S.; American Chiller Service, Inc. is engaged in providing chiller and cooling tower service, maintenance, retrofit, rental, and new equipment installations. Along with equipment, the company offers accessories such as pumps, cooling towers, variable frequency drives, refrigerant monitors, air handlers and controls. The company provides air- and water-cooled equipment ranging from 3 tons to more than 1000 tons. Moreover, the medical chillers offered by the companies are of 2 to 20 Nominal tons and are applicable for MRI, CT, PET Scan, and Linear Accelerator.

The company offers these medical chillers for OEMs, namely, General Electric (U.S.), Siemens (Germany), Philips (the Netherland), Varian Medical Systems (U.S.), Toshiba Corporation (Japan), and Elscint Automation (India). The association of company with the Chiller Systems Group, Daikin (Japan), SMARDT (Canada), Arctic Cool, Turbocor, and Kiltech (Canada) help to strengthen its position in the market. The company has four branches located in Northern California and Nevada: Rancho Cordova, San Leandro, Modesto, and Reno.

Motivair Corporation

Established in 1988 and headquartered at New York, the U.S.; Motivair Corporation is engaged in providing cooling solutions from a single source. The company offers these solutions through its Cooling System and ChilledDoor business units. The company serves to the manufacturing, life sciences, government, public sector, data center, financial, and education markets. The medical chillers provided by the company are available in two versions: air-cooled and water-cooled.

The company focuses on expanding its product portfolio by offering medical chillers developed using Free Cooling Technology. The major customers of the company are hospitals, outpatient clinics, and medical equipment manufacturers. Along with the equipment, the company offers accessories necessary for chillers.

Filtrine Manufacturing Company

Established in 1901 and headquartered at New Hampshire, the U.S.; Filtrine Manufacturing Company is engaged in providing custom engineering solutions for drinking water, purification, and process chilling applications. The company offers customized medical chillers for MRIs, CTs, linear accelerators, cyclotrons, PET scan, and others.

The company distributes these products to OEMs namely Aurora (Canada), Elekta (Sweden), General Electric (U.S.), Hitachi (Japan), Philips (the Netherlands), Siemens (Germany), Varian (U.S.), and more.

Carrier Corporation

Established in 1994 and headquartered at Connecticut, the U.S.; Carrier Corporation, a part of United Technologies Corporation (UTC), is engaged in providing heating, air-conditioning, and refrigeration solutions. UTC has four business segments namely UTC Climate, Controls and Security, Pratt and Whitney, UTC Aerospace Systems, and Otis. The company offer medical cooling system products through UTC Climate, Controls and Security business segment. The company offers these products for residential, commercial, retail, transport, and food service customers. The company provides air-cooled (from 10 through 500 tons) and water-cooled chillers along with their accessories. These chillers are also used for both replacement and new construction projects. The company is committed in reducing the greenhouse gas impact by providing products through energy efficiency advancements.

The company is an education partner of the U.S. Green Building Council (USGBC). This helps to train thousands of industry professionals throughout the U.S., Middle East, Europe, Latin America, and Asia. The company operates 51 factories and 39 research & design centers worldwide.

Lytron Inc.

Founded in 1958 and headquartered at Massachusetts, the U.S.; Lytron Inc. is engaged in designing and manufacturing cooling systems and components. The company offers these products to OEMs and other end users across the world. The company serves medical, military and aerospace, laser, power electronics, datacom equipment, semiconductor, and more markets. Along with standard systems, the company provides custom liquid cooling solutions as well.

The company has 115,000 ft2 (10,700 m2) manufacturing facility in Woburn, MA and 10,000 ft2 (930 m2) manufacturing facility in Changzhou, China. They are designed for custom cooling systems and components. For chillers production, the company has multiple production lines such as cooling systems assembly line and U-shaped line. The company has its service centers in North America, Europe, and Asia.

Popular Mentions: Drake Refrigeration, Inc., Whaley Products, Inc., General Air Products, Inc., Ecochillers INC.

Authoritative Research on the Medical Cooling Systems Market – Global Opportunity Analysis and Industry Forecast (2018-2024)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

  • Recent financial performance
  • Key products
  • Significant company strategies
  • Partnerships and acquisitions

The comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.

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