The global medical boilers market is projected to grow at a CAGR of 3.8% during the forecast period, 2021-2028. Boilers are used as backup heating systems for hospitals and healthcare professionals when primary heating sources fail or malfunction. The key factors driving this growth are increasing demand from developing countries and growing awareness about boiler safety features in developed countries.
Medical boilers are heating systems, most commonly used in hospitals and healthcare professionals' facilities. They supply backup heat when primary sources fail or malfunction. Medical boilers utilize natural gas, oil, or coal as their main fuel source for generating steam that is then converted into hot water which can be distributed by the hospital's piping system to provide both warm air and radiant flooring with centralized temperature control.
On the basis of type, the medical boiler is segmented into natural gas, oil, and coal.
Natural gas is the most commonly used one in the medical boiler as it has low emissions and is cost-effective in many situations due to its availability.
An oil medical boiler is a kind of heating equipment designed to provide heat for commercial or residential use. A typical oil-fired system consists of an air supply fan, electric blower, filters, and other components that make up the combustion chamber; it also includes water tanks with pumps and controls that regulate the temperature inside facilities. For hospitals, such systems are usually placed in rooms where people spend more than eight hours per day (e.g., a cafeteria). These devices can be used as backup power sources during outages too.
The coal medical boiler is a type of appliance that produces steam. The machine has three basic components: the furnace, which heats up water to produce steam; the dampers, which control the passage of air into and out of the firebox; and the stoker or pulverizer, which controls how much fuel goes into each grate. A typical coal-fired design uses two separate chambers for firing one at either end with additional secondary burners in between called staging gratings.
On the basis of application, the medical boiler is segmented into hospitals, healthcare professionals, and others.
The use of medical boiler in hospitals is higher as the hospitals require a steady supply of steam to support various medical procedures, therefore, uses a lot more energy than any other application segment. This boiler also heats water and provides hot water for bathing, cooking, or sterilizing instruments in some countries: in many countries, the use of medical boilers are largely limited to hospitals
The medical boiler located in the healthcare professionals segment is used for sterilizing equipment and as a source of hot water. To be more specific, this type of boiler has been primarily developed to meet the needs of clinical staff which are not widely available throughout emerging economies.
On the basis of region, the medical boiler is segmented into Asia Pacific, North America, Europe, and Latin America. North America is expected to have the highest market growth owing to the preference for natural gas as a fuel. The Asia Pacific has exhibited significant global demand primarily on account of rising population density in urban areas. In the North American region, the US is the leading market for medical boilers. The development of medical boilers is driven by the modernization initiatives undertaken by hospitals to enhance their services and research facilities with the latest technologies.
Growth factors
Up Market Research published a new report titled “Medical Boilers Market research report which is segmented by Types (Natural Gas, Oil, Coal), By Applications (Hospitals, Healthcare Professionals, Others), By Players/Companies NIBE, Atlantic, Viessmann, Babcock and Wilcox, Bosch, Smith, Weil-McLain, Miura, Johnston, Lattner, Fulton, Parker, Hurst”.
Report Attributes | Report Details |
Report Title | Medical Boilers Market Research Report |
By Type | Natural Gas, Oil, Coal |
By Application | Hospitals, Healthcare Professionals, Others |
By Companies | NIBE, Atlantic, Viessmann, Babcock and Wilcox, Bosch, Smith, Weil-McLain, Miura, Johnston, Lattner, Fulton, Parker, Hurst |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 236 |
Number of Tables & Figures | 166 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Natural Gas, Oil, Coal and By Application Hospitals, Healthcare Professionals, Others.
Some of the companies that are profiled in this report are:
Medical Boilers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Medical Boilers 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 2028.
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