I wonder if this is a case of over-engineering a solution. Does it have that much more of a positive effect compared to a lower tech solution (e.g., bag of ice). The machine costs $2500 retail.
The diference is between chilling entire body and only your arms.
Is it because it is water (i.e. not air-cooled)? Or is it because the temperature differential is too great (i.e. dangerously so, according to the body)?
A damp towel might overcome these issues - or wetting your hands and holding them in front of a fan, for evaporative cooling via fake sweat + fake breeze.