The global hospital HVAC systems market size is expected to reach USD 11.34 billion by 2025, registering a CAGR of 7.2% over the forecast period, according to a study conducted by Grand View Research, Inc. Hospitals have specific requirements in terms of air quality and aseptic conditions owing to critical health condition of patients. The imminent need to ensure requisite temperature coupled with rising awareness regarding maintaining a clean and hygienic environment at healthcare facilities is anticipated to positively affect the growth.
The
healthcare industry is witnessing an upward trend in terms of number of luxury
hospital establishments and rise in medical tourism. According to the data
published by the International Trade Administration of U.S, the India medical
tourism market is expected to grow from USD 3 billion in 2018 to approximately
USD 7 billion by 2020. Thus, rise in the number of healthcare facilities will
consequently result in new installations of HVAC systems, thereby driving the
demand.
Temperature
and ventilation control help control the spread of disease-causing
microorganisms prevailing in the hospital environment. Additionally, the controlled
environment in hospitals act as a catalyst in healing process along with
providing comfort to the patients. The demand for HVAC units from hospitals is
anticipated to witness significant growth over the forecast period, due to the
rising awareness regarding the impact that a healthy environment has on
expediting the healing process of patients.
The
hospital HVAC systems market is highly competitive in nature and is marked by
the presence of key players including Lennox International, United Technologies
Corporation; Daikin Industries, Ltd.; and Trane, Inc. In a bid to sustain in
the intensifying competition, HVAC system manufacturers are offering unique
solutions designed specifically to cater to hospital requirements. For
instance, Honeywell International Inc. offers Honeywell Enterprise Buildings
Integrator (EBI) specially designed for healthcare facilities that enables end
users to control and monitor HVAC systems remotely, also providing real-time
communication between multiple connected systems via single platform.
Full Research Report On Hospital HVAC Systems Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/hospital-hvac-systems-market
Hospital HVAC
Systems Market Report Highlights
- The cooling
segment accounted for the highest value share in 2018, owing to rising
demand for air conditioning systems in hospitals
- The demand
for HVAC systems in Intensive Care Units (ICU) is expected to grow at a
significant pace over the forecast period owing to the rising number of
ICUs in hospitals
- Germany
accounted for more than 20% of the Europe market share in 2018. The
country is anticipated to witness substantial growth over the forecast
period owing to multitude of investments expected in the healthcare
industry
- Middle East
and Africa is anticipated to exhibit a steady CAGR of over 5% in the next
six years owing to large number of upcoming healthcare projects in the
region
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/hospital-hvac-systems-market/request/rs1
Hospital HVAC
Systems Market Segmentation
Grand View Research has
segmented the global hospital HVAC systems market based on product, end use,
and region:
Hospital HVAC
Systems Product Outlook (Revenue, USD Million, 2015 - 2025)
- Heating
- Ventilation
- Cooling
Hospital HVAC
Systems End Use Outlook (Revenue, USD Million, 2015 - 2025)
- Intensive Care Unit (ICU)
- Operating Rooms
- Airborne Infection Isolation Rooms
- Protective Environment Rooms
- Compounding Pharmacies
- Others
Hospital HVAC
Systems Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- South America
- Brazil
- Argentina
- Chile
- Middle East & Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
No comments:
Post a Comment