Cooling Solutions For Medical Equipment Market Global Report 2026

The cooling solutions for medical equipment market size has grown strongly in recent years. It will grow from $1.34 billion in 2025 to $1.43 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing installation of advanced diagnostic imaging systems, rising demand for uninterrupted medical equipment performance, growing investments in hospital infrastructure, increasing adoption of high power cancer treatment equipment, expanding focus on extending medical equipment lifespan.

The cooling solutions for medical equipment market size is expected to see strong growth in the next few years. It will grow to $1.87 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to growing demand for energy efficient thermal management systems, increasing investments in next generation medical imaging technologies, rising expansion of diagnostic and treatment facilities, expanding need for reducing equipment downtime, increasing emphasis on precision and reliability in clinical operations. Major trends in the forecast period include increasing adoption of liquid cooling systems for high performance medical equipment, growing demand for customized thermal management solutions, rising use of closed loop cooling systems in diagnostic imaging equipment, expanding deployment of preventive cooling maintenance services, increasing focus on improving equipment reliability and operational efficiency.

The increasing adoption of advanced medical imaging and radiation therapy systems is expected to drive the growth of the cooling solutions for medical equipment market in the coming years. High-performance medical imaging and radiation therapy systems are advanced medical technologies developed to generate highly detailed diagnostic images or provide accurate therapeutic radiation while operating at high power levels and requiring continuous thermal management to maintain performance, precision, and reliability. The growing demand for accurate cancer diagnosis and targeted treatment is encouraging the adoption of high-performance medical imaging and radiation therapy systems, as these technologies enable detailed tumor visualization, effective treatment planning, and precise radiation delivery while reducing exposure to surrounding healthy tissues. As healthcare providers increasingly deploy these advanced systems to enhance diagnostic accuracy and treatment effectiveness, the need for efficient cooling solutions is rising to remove excess heat, prevent equipment overheating, reduce operational disruptions, and maintain consistent clinical performance. For instance, in November 2025, according to the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, the combined utilization of computed tomography (CT), magnetic resonance imaging (MRI), and positron emission tomography (PET) diagnostic examinations exceeded 370 examinations per 1,000 population in 2023 across countries such as Luxembourg, Korea, Austria, France, and Portugal, indicating continued expansion in the adoption of advanced diagnostic imaging technologies. Therefore, the increasing adoption of high-performance medical imaging and radiation therapy systems is driving the growth of the cooling solutions for medical equipment market.

Key companies operating in the cooling solutions for medical equipment market are focusing on developing advanced, energy-efficient liquid cooling technologies to enhance equipment reliability, optimize thermal performance, and reduce operational costs. Energy-efficient liquid cooling technologies are thermal management systems that use circulating liquid coolants to efficiently absorb and dissipate heat from high-performance medical equipment while minimizing energy consumption, maintaining precise temperature control, and supporting continuous, reliable operation. For example, in March 2026, VEGA Chiller, an Italy-based manufacturer of industrial and medical cooling systems, launched its advanced MRI chiller cooling solution designed to provide precise temperature control and reliable thermal management for magnetic resonance imaging (MRI) equipment. The solution enhances equipment uptime, improves energy efficiency, protects critical system components from overheating, and ensures consistent imaging performance through continuous and stable cooling.

In February 2025, Schneider Electric, a France-based provider of energy management, industrial automation, critical power infrastructure, and digital transformation solutions, acquired a 75% controlling stake in Motivair Corporation for $850 million. Through this acquisition, Schneider Electric aimed to enhance its liquid cooling and thermal management capabilities, expand its mission-critical cooling technology portfolio, and strengthen solutions designed for high-performance computing, artificial intelligence infrastructure, and advanced medical equipment that requires accurate thermal control. Motivair Corporation is a US-based provider of liquid cooling technologies, coolant distribution units, precision cooling systems, and advanced thermal management solutions for medical imaging equipment.

Major companies operating in the cooling solutions for medical equipment market report are Alfa Laval AB, Kelvion Holding GmbH, Huber Kältemaschinenbau, LAUDA DR. R. WOBSER GmbH & Co. KG, JULABO GmbH, Multistack, Tark Thermal Solutions, Advanced Cooling Technologies Inc., Glen Dimplex Thermal Solutions, Thermal Care Inc., KKT Chillers USA, Legacy Chiller Systems, Mokon, Smardt Chiller Group, Pfannenberg, Filtrine Manufacturing Company, Solid State Cooling Systems, Delta T Systems, Aqua Cooling Solutions, Thermonics Corporation, Cold Shot Chillers, BV Thermal Systems, Parker Hannifin Corporation.

North America was the dominant region in the cooling solutions for medical equipment market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the cooling solutions for medical equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the cooling solutions for medical equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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