Global Medical Boilers Market by Type (Natural Gas, Oil, Coal), By Application (Hospitals, Healthcare Professionals, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
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 Medical Boiler
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.
Oil Medical Boiler
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.
Coal medical boiler
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.
Hospital
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
Healthcare professional
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
- Increasing penetration of medical equipment due to technological advancements in healthcare.
- Expanding the number of hospitals as a result of the increasing aging population and rise in chronic diseases, which require long-term care facilities.
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 Scope
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.
Global Medical Boilers Market Report Segments:
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:
- NIBE
- Atlantic
- Viessmann
- Babcock and Wilcox
- Bosch
- Smith
- Weil-McLain
- Miura
- Johnston
- Lattner
- Fulton
- Parker
- Hurst
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.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Medical Boilers Market
Overview of the regional outlook of the Medical Boilers Market:
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.
Highlights of The Medical Boilers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Medical Boilers Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Natural Gas
2. Oil
3. Coal
7. By Application:1. Hospitals
2. Healthcare Professionals
3. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Medical Boilers Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Boilers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Boilers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Boilers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Boilers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Boilers Market Size & Forecast, 2018-2028
4.5.1 Medical Boilers Market Size and Y-o-Y Growth
4.5.2 Medical Boilers Market Absolute $ Opportunity
Chapter 5 Global Medical Boilers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Boilers Market Size Forecast by Type
5.2.1 Natural Gas
5.2.2 Oil
5.2.3 Coal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Boilers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Boilers Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Healthcare Professionals
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Boilers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Boilers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Boilers Analysis and Forecast
9.1 Introduction
9.2 North America Medical Boilers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Boilers Market Size Forecast by Type
9.6.1 Natural Gas
9.6.2 Oil
9.6.3 Coal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Boilers Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Healthcare Professionals
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Boilers Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Boilers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Boilers Market Size Forecast by Type
10.6.1 Natural Gas
10.6.2 Oil
10.6.3 Coal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Boilers Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Healthcare Professionals
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Boilers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Boilers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Boilers Market Size Forecast by Type
11.6.1 Natural Gas
11.6.2 Oil
11.6.3 Coal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Boilers Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Healthcare Professionals
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Boilers Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Boilers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Boilers Market Size Forecast by Type
12.6.1 Natural Gas
12.6.2 Oil
12.6.3 Coal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Boilers Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Healthcare Professionals
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Boilers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Boilers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Boilers Market Size Forecast by Type
13.6.1 Natural Gas
13.6.2 Oil
13.6.3 Coal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Boilers Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Healthcare Professionals
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Boilers Market: Competitive Dashboard
14.2 Global Medical Boilers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NIBE
14.3.2 Atlantic
14.3.3 Viessmann
14.3.4 Babcock and Wilcox
14.3.5 Bosch
14.3.6 Smith
14.3.7 Weil-McLain
14.3.8 Miura
14.3.9 Johnston
14.3.10 Lattner
14.3.11 Fulton
14.3.12 Parker
14.3.13 Hurst