Medical Cooling Systems Market is expected to reach…

A report on the expected growth of the current medical cooling systems market by Meticulous Research has produced profitable forecasts for the industry. By 2024, it is expected to grow at a CAGR of 7.5 percent to $2.8 billion.

medical cooling systems

The future looks bright for medical refrigeration systems

In a report published today, Meticulous Research said the size of the global medical refrigeration market will reach $ 2.8 billion by 2024.

Researchers believe that growth will be driven by a variety of factors. These include reliable patient care and the economic benefits of medical refrigerators, technological advances in medical refrigerators, government initiatives to increase the number of hospitals and the growing population of the elderly, along with the increasing prevalence of chronic diseases.

Medical refrigeration systems are used to reduce the heat load generated by medical equipment during diagnostic procedures. In this way, medical cooling systems are able to maintain the life cycle of imaging equipment and help achieve the goal of quality patient care.

The report states that medical cooling equipment represents the largest market share (by product type) and is expected to grow at a CAGR of 7.8% from 2018 to 2024. Careful research has suggested why this area is emerging as the largest and fastest growing segment: “High demand from medical imaging system manufacturers and higher sales volume than accessories.

Ask for a sample of this high quality ratio.

In terms of type, water-cooled chillers have taken the lion’s share due to their advantages, such as low compressor cost, longer life, low noise, suitability for installations with limited space and limited airflow and absence of toxic refrigerants. However, air cooled chillers will grow faster due to their increasing efficiency and increasing water scarcity in many parts of the world.

Medical Cooling Systems Market is expected to reach

Packaged systems dominate the market for medical refrigeration systems by model type. The advantages of packaged systems over other models, such as ease of installation, economy and limited space requirements, support most of this. However, modular systems are expected to grow at the fastest rate.

Depending on the compressor type, scroll compressors have had the biggest share because of their advantages, such as higher efficiency in terms of heat dissipation capacity and less vibration and noise than other types.

The application segment including MRI, CT, linear accelerator, PET and others was the most important due to high demand, advances in imaging technology and the high prevalence of chronic diseases such as cancer, neurological disorders and others.

Original equipment manufacturers are the main end users as medical cooling systems are widely demanded by them for their imaging systems. In addition, the wide availability of specific cooling systems for imaging equipment from various manufacturers and the relatively high purchasing power of OEMs further supports most OEMs in the medical cooling systems market.

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Geographic analysis of the medical cooling systems market

Geographically, the market is segmented in North America (USA and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain and RoE), Asia-Pacific (Japan, China, India and RoAPAC), Latin America and the Middle East and Africa. North America dominated much of the world market for medical refrigeration systems, followed by Europe and Asia-Pacific. Much of this market is mainly attributed to the consolidated health system in the region, the greater adoption of advanced technologies, the growing prevalence of non-communicable diseases and the presence of key players.

How Much Does Your MRI Really Cost

In fact, today it is easier than ever to find out how much your current MRI is worth. After all, it can help you decide if it makes sense for MRI Worth to switch to a new MRI or hold on to the one you have! The value of MRIs can vary.

MRI equipment

How do you find out how much yours is worth?

When did it happen?

Although your system is older and may not be worth much in the United States or Europe, it can be very attractive to buyers from other countries the year your MRI may make a difference in price. Remember to look for the year of manufacture, not the year you bought or installed it. You can find this information on the back of the portal. It is also stamped on the magnet itself.

What is the strength of the slope? When it comes to magnets, 1.5 Tesla is what people are looking for, with 1.5T scanners constituting the majority of used MRIs sold worldwide.

It is important to know the amplitude of the gradient (mT/m) and the speed of rotation (mT/m/ms). Be sure to include gradient package keywords from manufacturers such as Siemens “Quantum” Philips “Nova” and GE “Echospeed”.

Become familiar with MRI coils. If you have cardiac, neurovascular, breast, or angio coils, you can increase the value of your MRI system. However, it does not depend on your original bill or estimate. Take your own inventory of your coils with an MRI technician to ensure that your coil list is accurate.  Make sure all coils are in excellent condition and 100% functional. 

To learn more about coils, click here!

The operating software also makes a difference. Make sure you know the operating software for your current system. This usually appears on the screen when the system is started.

You can also go to the Settings or Service menu and click on the Options tab to see the list of options for the software you currently have enabled. Also, manufacturer’s terms such as EXCITE, Achieva and TIM may affect the value of your MRI.

If you are including workstations such as Leonardo or AWW, please bring them along as well.

How to get it from point A to point B. Will it be complicated to transport your MRI to the buyer’s site? If so, it will affect what you can charge for your system.

For example, it is much easier to move an MRI scanner from a suite on the first floor than to have it lowered with a crane. Be sure to photograph the most likely exit route to share with potential buyers.

Photograph the entire system. This type of documentation can give potential buyers information and peace of mind.

Once you have gathered all this information, be sure to contact an expert on imaging equipment.  We sell, buy, export, transport, unpack and install refurbished and used medical imaging equipment worldwide. With all the information we collect, we can provide you with an accurate assessment of the equipment market, so you know where you stand.

Best practice for drafting a business plan for an MRI company

You know that a business plan is important.

The only problem is that you have no idea how to write one. Fortunately, there is no need to go through the MRI business plan alone. There are many useful solutions designed to assist MRI entrepreneurs in drafting business plans.

Our business plan help section analyzes some of the business plan resources that other entrepreneurs have found useful.

Review competitors Before starting an MRI business within your community, it is worth determining how it will fit into the competitive landscape. Use the following link to find competitors in your city. After clicking on the link, enter your city, state and zip code to get a list of magnetic resonance imaging companies near you.

MRI center

Find the MRI activities closest to you

Is established competition doing a good job?

It is important to understand their strengths and weaknesses and reflect on how they will face these established companies. Learn from others who are already in this space Once you have finished assessing the competition, be sure to talk to someone who is already in business.

Local competitors will not give you the time of day, yes.

The last thing they want to do is help you be a better competitor. However, an entrepreneurial colleague who has started an MRI business in a non-competitive place for you can be a great learning resource for you, after realizing that you live far from them and will not rob your local customers.

In fact, they are often very willing to share startup tips with you. In my experience, you may have to call ten entrepreneurs to find one that is willing to share their wisdom with you.

How do you find an IRM sales manager who is willing to talk to you but does not live nearby? Easy.

Find them using our link below and start calling until you succeed.

Find IRM business owners who can recommend you

Pros and cons of buying an MRI company

An acquisition can be an excellent way to access IRM’s commercial property. But it is important to evaluate the advantages and disadvantages of buying a company before deciding on an acquisition or startup approach.

ADVANTAGES: existing companies have proven business models and a track record of profitability. They must also have some degree of brand recognition and an established customer base.

DRAWINGS: On the negative side, MRI business acquisitions can be difficult to adapt to your unique business philosophy, so it is important to make sure that the company is able to achieve its ownership goals before starting the buying process.

Franchising can be a better way to go

The choice to partner with a franchisor ensures that you benefit from the comments and ideas of other franchisees and get strong support from the home office.

If you are thinking of opening an MRI business, it would be wise to investigate whether the franchise could increase your chances of success.

The following link gives you access to our franchise directory so you can see if there is a franchise opportunity for you. You can even find something that points you in a completely different direction.

How to find a good franchise opportunity

Other useful articles for enterprising entrepreneurs

These additional resources related to starting a business may be of interest.

Imaging Center in Greensboro, NC

MRI center in Greensboro NC

Magnetic resonance imaging (MRI) has been a reliable and radiation-free way to capture body images for years, but what if we could take clearer images in less time?

With 3T MRI technology, we do it. At Greensboro Imaging, we believe that Triad residents should have access to the most advanced MRI tests available, so we now offer 3T MRI.

Our latest generation 3-resonance magnetic resonance machine (3T) uses the most powerful magnet available to provide sharper images than ever before, making it ideal for patients with neurological problems or others that require very detailed images.

New Imaging Tech

New MRI machine

This new technology makes it easier to photograph areas of the body that were previously difficult to capture, such as the brain or small joints.

It also works quickly, reducing the procedure time to almost half for organs that do not require extreme details.

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So we can spend our time making sure that patients receive the care they need. Faster detection is especially useful for patients who have back, knee or other problems that cause severe pain.

As described by Dr. Sriyesh Krishnan of Greensboro Imaging, “It’s a bit like the first time he saw a high-definition television.

The image of 3 Tesla is spectacular. But not all procedures require that level of detail, so we are able to customize the test for the patient.

Depending on the part of the body taken, we decide if they need a faster test or a very detailed test with the smallest possible pixels. “

3T MRI Machine

Similar to traditional MRI, 3T MRI uses magnets and radio waves to capture images of soft tissues, bones, fat and muscles. 3T MRI is most often used for imaging areas such as the brain, spine, breasts, pelvis, prostate and joints.

However, each patient is unique and this new technology is not suitable for everyone. Traditional magnetic resonance imaging is generally more suitable for pregnant patients or metal hardware implants.

Nervous of being inside the MRI machine? Do not worry. Our large hole machine is less confined with a wider opening and a shorter tube length to increase patient comfort and reduce anxiety for those who are claustrophobic, obese, elderly, with significant pain or reduced mobility.

At Greensboro Imaging, our priority is patient care, so we are committed to the most accurate and comfortable imaging experience. 3T MRI is just one of the ways we use new technologies to better serve our community. When it is time to undergo an MRI procedure, remember, for clear images, there is a clear local option.