Healthcare Cold Chain Logistics Industry 2019 —
The healthcare industry has emerged as a fast-growing industry owing to the increasing consciousness among the public. As a result, the industries dependent on healthcare are also showing a significant growth rate and Healthcare Cold Chain Logistics industry is one of them. The huge demand for vaccines and biopharmaceuticals that require cold chain has forced the market to take the industry seriously. As it has a direct impact on the health of citizens, the government has also enforced strict rules and regulations for the effective handling of these pharma products. Most of the pharma products are complex proteins, as a result, they are highly sensitive to temperature and need a cold environment to remain safe which ensures the growth of the market in the near future.
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Major Key Players Analysis
FedEx, Marken, American Airlines, Inc., Cavalier Logistics, DHL international GmbH, KUEHNE + NAGEL, AmerisourceBergen Corporation, DB Schenker, among others are some of the major players in the global healthcare cold chain logistics market.
The increase in the use of personalized medicine will help the market, as cold chain logistics helps the medicine to remain efficient for a longer period of time. Blood samples, tissue samples and certain drugs are temperature-sensitive in nature so cold chain becomes a necessity for these market. The market is expected to reach a market share of 16,588.3 Million USD by the year 2023. The industry is expected to show a good Compound Annual Growth Rate (CAGR) during the forecast period.
The global Healthcare Cold Chain Logistics market can be segmented on the basis of Product Type, Services, Storage Techniques and region.
By Product Type, the market can be classified as Clinical trial materials, Vaccines, Biopharmaceuticals and others.
On the basis of services, the industry is segmented into Storage, Transportation, Packaging and others.
On the basis of storage techniques, the market can be segmented into Electrical refrigeration, Liquid nitrogen, Gel Packs, Dry Ice and others.
Geographical market segmentation
The global segmentation of Healthcare Cold Chain Logistics market includes regions like Europe, North America, Latin & Central America, Indo Pacific and the Middle East and Africa region.
Some of the focused countries are the UK, the USA, Algeria, Angola, Argentina, Australia, Brazil, China, India, Japan, Russia, UAE, Turkey, UAE, Ukraine, Venezuela and Vietnam.
North American region is leading the market in terms of market share and the Indo Pacific is expected to show the highest amount of Compound Annual Growth Rate owing to the presence of pharmaceuticals manufacturing giants like India and China during the forecast period.
QuickSTAT, already a big name in the Healthcare Cold Chain Logistics industry has announced that it will modify each of its stores with the latest technology in the market. They equipped the store with GPS which will help them to know the real-time information from the store. They are also adopting various means to minimize the transportation delay and auto tempo adjust which automatically adjust the ambient temperature to avoid huge losses.
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Table of Contents – Major Key Points
1 Report Prologue
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Healthcare Cold Chain Logistics Market, by Product
7 Global Healthcare Cold Chain Logistics Market by Services
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