# Medical plastics and equipment cooling market growth

> Live situation record from CLSTR: https://clstr.news/situations/medical-plastics-and-equipment-cooling-market-growth
> Updated: 2026-08-10T06:07:33.000Z. Sources: 2. Developments: 2.

Market research indicates significant growth projections for the medical plastics and medical equipment cooling sectors through 2031.

The medical plastics market is expected to expand from $34.77 billion in 2026 to $48.77 billion by 2031, driven by demand for disposable products and advanced medical devices. Challenges include environmental concerns regarding plastic waste and strict regulations.

Concurrently, the medical equipment cooling market is projected to reach $840 million by 2031. This growth is supported by the requirement for precise temperature control in biotechnology research, life sciences equipment, and diagnostic imaging. Expansion in healthcare infrastructure contributes to this trend, though high maintenance costs and regulatory hurdles remain factors.

## Timeline

### 2026-08-10: Medical plastics and equipment cooling markets projected to grow through 2031

Market reports forecast the medical plastics market to reach $48.77 billion and the medical equipment cooling market to reach $840 million by 2031.

2 sources. https://clstr.news/cluster/medical-plastics-and-equipment-cooling-markets-projected-to-grow-through-2031

### 2026-07-30: Global Magnetic Refrigeration Market Projected to Reach $543.8M by 2032

Magnetic refrigeration market valued at $3.78 M in 2024, projected to hit $543.8 M by 2032 (CAGR 86.1%), led by energy‑efficient cooling and North American dominance.

2 sources. https://clstr.news/cluster/global-magnetic-refrigeration-market-projected-to-reach-5438m-by-2032

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Cite as: Medical plastics and equipment cooling market growth. CLSTR, https://clstr.news/situations/medical-plastics-and-equipment-cooling-market-growth