Hospital HVAC Systems Market Size, Share & Trends Analysis Report By Product (Heating, Ventilation, Cooling), By End Use (ICU, Operating Rooms, PE Rooms, Pharmacies), And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 128 | Publisher: Grand View Research
Industry: Construction | Report Format: Electronic (PDF)

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.

Further key findings from the study suggest:

• 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

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Research Methodology
                    1.2. Research Scope and Assumptions
                    1.3. List of Data Sources
Chapter 2. Executive Summary
                    2.1. Hospital HVAC systems- Industry Snapshot & Key Buying Criteria, 2015 -2025
Chapter 3. Hospital HVAC systems Industry Outlook
                    3.1. Market Segmentation
                    3.2. Market Size and Growth Prospects, 2015 - 2025
                    3.3. Value Chain Analysis
                    3.4. Market Dynamics
                         3.4.1. Market driver analysis
                         3.4.2. Market restraint/challenge analysis
                         3.4.3. Market opportunity analysis
                    3.5. Key Opportunities Prioritized
                    3.6. Industry Analysis - Porter's
                         3.6.1. Supplier Power
                         3.6.2. Buyer Power
                         3.6.3. Substitution Threat
                         3.6.4. Threat from new entrant
                    3.7. PEST Analysis
                         3.7.1. Political Landscape
                         3.7.2. Environmental Landscape
                         3.7.3. Social Landscape
                         3.7.4. Technology Landscape
                    3.8. HVAC Systems in Hospitals and Specific Critical Spaces Insights
Chapter 4. Hospital HVAC Systems Market: Product Outlook
                    4.1. Hospital HVAC Systems Market Share by Product, 2018 & 2025 (USD Million)
                    4.2. Heating
                         4.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         4.2.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                    4.3. Ventilation
                         4.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         4.3.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                    4.4. Cooling
                         4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         4.4.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
Chapter 5. Hospital HVAC Systems Market: End Use Outlook
                    5.1. Hospital HVAC Systems Market Share by End Use, 2018 & 2025 (USD Million)
                    5.2. Intensive Care Unit (ICU)
                         5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         5.2.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                    5.3. Operating Rooms
                         5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         5.3.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                    5.4. Airborne Infection
                         5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         5.4.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                    5.5. Protective Environment Rooms
                         5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         5.5.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                    5.6. Compounding Pharmacies
                         5.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         5.6.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                    5.7. Others
                         5.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         5.7.2. Market estimates and forecast by region, 2015 - 2025 (USD Million)
Chapter 6. Hospital HVAC systems Market: Regional Outlook
                    6.1. Hospital HVAC systems Market Share by Region, 2015 & 2025 (USD Million)
                    6.2. North America
                         6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         6.2.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                         6.2.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.2.4. U.S.
                              6.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.2.4.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.2.4.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.2.5. Canada
                              6.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.2.5.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.2.5.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.2.6. Mexico
                              6.2.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.2.6.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.2.6.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                    6.3. Europe
                         6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         6.3.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                         6.3.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.3.4. U.K.
                              6.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.3.4.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.3.4.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.3.5. Germany
                              6.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.3.5.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.3.5.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.3.6. France
                              6.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.3.6.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.3.6.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.3.7. Italy
                              6.3.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.3.7.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.3.7.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.3.8. Spain
                              6.3.8.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.3.8.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.3.8.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                    6.4. Asia Pacific
                         6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         6.4.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                         6.4.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.4.4. China
                              6.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.4.4.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.4.4.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.4.5. India
                              6.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.4.5.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.4.5.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.4.6. Japan
                              6.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.4.6.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.4.6.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.4.7. South Korea
                              6.4.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.4.7.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.4.7.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.4.8. Australia
                              6.4.8.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.4.8.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.4.8.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                    6.5. South America
                         6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         6.5.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                         6.5.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.5.4. Brazil
                              6.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.5.4.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.5.4.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.5.5. Argentina
                              6.5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.5.5.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.5.5.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                         6.5.6. Chile
                              6.5.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              6.5.6.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                              6.5.6.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
                    6.6. Middle East & Africa
                         6.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         6.6.2. Market estimates and forecast by product, 2015 - 2025 (USD Million)
                         6.6.3. Market estimates and forecast by end use , 2015 - 2025 (USD Million)
Chapter 7. Competitive Landscape
                    7.1. LG Electronics
                         7.1.1. Company overview
                         7.1.2. Financial performance
                         7.1.3. Product benchmarking
                         7.1.4. Strategic initiatives
                    7.2. Lennox International Inc.
                         7.2.1. Company overview
                         7.2.2. Financial performance
                         7.2.3. Product benchmarking
                         7.2.4. Strategic initiatives
                    7.3. Carrier Corporation
                         7.3.1. Company overview
                         7.3.2. Financial performance
                         7.3.3. Product benchmarking
                         7.3.4. Strategic initiatives
                    7.4. Samsung Electronics Co., Ltd.
                         7.4.1. Company overview
                         7.4.2. Financial performance
                         7.4.3. Product benchmarking
                         7.4.4. Strategic initiatives
                    7.5. Electrolux AB Corporation
                         7.5.1. Company overview
                         7.5.2. Financial performance
                         7.5.3. Product benchmarking
                         7.5.4. Strategic initiatives
                    7.6. United Technologies Corporation
                         7.6.1. Company overview
                         7.6.2. Financial performance
                         7.6.3. Product benchmarking
                         7.6.4. Strategic initiatives
                    7.7. Haier Inc.
                         7.7.1. Company overview
                         7.7.2. Financial performance
                         7.7.3. Product benchmarking
                         7.7.4. Strategic initiatives
                    7.8. Havells India Ltd.
                         7.8.1. Company overview
                         7.8.2. Financial performance
                         7.8.3. Product benchmarking
                         7.8.4. Strategic initiatives
                    7.9. Hitachi Ltd.
                         7.9.1. Company overview
                         7.9.2. Financial performance
                         7.9.3. Product benchmarking
                         7.9.4. Strategic initiatives
                    7.10. Emerson Electric Co.
                         7.10.1. Company overview
                         7.10.2. Financial performance
                         7.10.3. Product benchmarking
                         7.10.4. Strategic initiatives
                    7.11. Rheem Manufacturing Company
                         7.11.1. Company overview
                         7.11.2. Financial performance
                         7.11.3. Product benchmarking
                         7.11.4. Strategic initiatives
                    7.12. Mitsubishi Electric
                         7.12.1. Company overview
                         7.12.2. Financial performance
                         7.12.3. Product benchmarking
                         7.12.4. Strategic initiatives
                    7.13. Daikin Industries, Ltd.
                         7.13.1. Company overview
                         7.13.2. Financial performance
                         7.13.3. Product benchmarking
                         7.13.4. Strategic initiatives
                    7.14. Johnson Controls International plc
                         7.14.1. Company overview
                         7.14.2. Financial performance
                         7.14.3. Product benchmarking
                         7.14.4. Strategic initiatives
                    7.15. Trane, Inc.
                         7.15.1. Company overview
                         7.15.2. Financial performance
                         7.15.3. Product benchmarking
                         7.15.4. Strategic initiatives

List of Tables

Table 1 List of Abbreviation
Table 2 Hospital HVAC systems market - Industry snapshot & key buying criteria, 2015 - 2025
Table 3 Hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 4 Hospital HVAC systems market, by region, 2015 - 2025 (USD Million)
Table 5 Hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 6 Hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 7 HVAC systems functions depending on the room/facility requirements
Table 8 List of ASHRAE standards for different rooms in a hospital
Table 9 Heating market, 2015 - 2025 (USD Million)
Table 10 Heating market, by region, 2015 - 2025 (USD Million)
Table 11 Ventilation market, 2015 - 2025 (USD Million)
Table 12 Ventilation market, by region, 2015 - 2025 (USD Million)
Table 13 Cooling market, 2015 - 2025 (USD Million)
Table 14 Cooling market, by region, 2015 - 2025 (USD Million)
Table 15 ICU hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 16 ICU hospital HVAC market, by region, 2015 - 2025 (USD Million)
Table 17 Operating rooms hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 18 Operating rooms hospital HVAC market, by region, 2015 - 2025 (USD Million)
Table 19 Airborne infection hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 20 Airborne infection hospital HVAC market, by region, 2015 - 2025 (USD Million)
Table 21 PE rooms hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 22 PE rooms hospital HVAC market, by region, 2015 - 2025 (USD Million)
Table 23 Compounding pharmacies hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 24 Compounding pharmacies hospital HVAC market, by region, 2015 - 2025 (USD Million)
Table 25 Others hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 26 Other hospital HVAC market, by region, 2015 - 2025 (USD Million)
Table 27 North America hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 28 North America hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 29 North America hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 30 U.S. hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 31 U.S. hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 32 U.S. hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 33 Canada hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 34 Canada hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 35 Canada hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 36 Mexico hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 37 Mexico hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 38 Mexico hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 39 Europe hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 40 Europe hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 41 Europe hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 42 U.K. hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 43 U.K. hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 44 U.K. hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 45 Germany hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 46 Germany hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 47 Germany hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 48 France hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 49 France hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 50 France hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 51 Italy hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 52 Italy hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 53 Italy hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 54 Spain hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 55 Spain hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 56 Spain hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 57 Asia Pacific hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 58 Asia Pacific hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 59 Asia Pacific hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 60 CHINA hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 61 CHINA hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 62 CHINA hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 63 India hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 64 India hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 65 India hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 66 Japan hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 67 Japan hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 68 Japan hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 69 South Korea hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 70 South Korea hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 71 South Korea hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 72 Australia hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 73 Australia hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 74 Australia hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 75 South America hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 76 South America hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 77 South America hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 78 BRAZIL hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 79 BRAZIL hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 80 BRAZIL hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 81 Argentina hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 82 Argentina hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 83 Argentina hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 84 Chile hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 85 Chile hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 86 Chile hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)
Table 87 Middle East & Africa hospital HVAC systems market, 2015 - 2025 (USD Million)
Table 88 Middle East & Africa hospital HVAC systems market, by product, 2015 - 2025 (USD Million)
Table 89 Middle East & Africa hospital HVAC systems market, by end use, 2015 - 2025 (USD Million)

List of Figures

Fig. 1 Hospital HVAC systems market segmentation
Fig. 2 Hospital HVAC systems penetration & growth prospects mapping, USD Million
Fig. 3 Value chain analysis
Fig. 4 Hospital HVAC systems market dynamics
Fig. 5 Hospital HVAC systems market driver impact
Fig. 6 U.S. Construction Sector Spending (Value in USD billion) by application, 2010-2018
Fig. 7 Hospital HVAC systems market challenge impact
Fig. 8 Hospital HVAC systems market opportunity impact
Fig. 9 Air conditioner units in different countries, in million units (2010-2018)
Fig. 10 Hospital HVAC systems market - porter's five forces
Fig. 11 Hospital HVAC systems market - PEST analysis
Fig. 12 Hospital HVAC systems market, by product, 2018 & 2025 (USD Million)
Fig. 13 Hospital HVAC systems market, by end use, 2018 & 2025 (USD Million)
Fig. 14 Hospital HVAC Systems Market, By Region, 2018 & 2025