FEATURED COMPANIES
- American Airlines Cargo
- Cavalier Logistics Inc.
- Continental Group
- DB Schenker
- Deutsche Post DHL Group
- LifeConEx
The global healthcare cold chain logistics market reached a value of US$ 16.5 billion in 2021. Looking forward, the market is projected to reach US$ 20.3 billion by 2027, exhibiting a CAGR of 3.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.
Healthcare cold chain logistics is a system allowing temperature-controlled packaging, storage, and transportation of temperature-sensitive products. It relies on cold insulated transport vehicles, such as refrigerated trucks, railcars, freight, and air cargo, to preserve the efficacy and increase the shelf life of various vaccines, medicines, biopharmaceuticals, and samples. It provides reliable information to pharmaceutical companies about the products when communicating with regulatory agencies and reduces losses from damaged biomedical products.
At present, there is a rise in the utilization of healthcare cold chain logistics to preserve healthcare products across the globe. This, along with the expanding pharmaceutical industry, represents one of the key factors driving the market. Moreover, there is an increase in the need for proper storage and transportation of drugs in the healthcare sector without reducing the efficiency of drugs. This, coupled with several benefits provided by healthcare cold chain logistics, such as seamless integration of activities during transportation and delivery, is propelling the growth of the market. In addition, the escalating demand for biopharmaceuticals, vaccines, and clinical trial materials due to the growing prevalence of numerous diseases are positively influencing the market. Besides this, governments of several countries are implementing stringent regulations for the efficient handling of temperature-sensitive pharma products around the world. In line with this, the rising reliance on healthcare cold chain logistics to store vaccines under controlled temperatures for vaccination drives is bolstering the market growth.
This report provides an analysis of the key trends in each sub-segment of the global healthcare cold chain logistics market, along with forecasts at the global and regional level from 2022-2027. The report has categorized the market based on product and segment.
Vaccines exhibit a clear dominance in the market owing to the growing mass immunization programs worldwide.
Presently, packaging dominates the market due to the rising number of available designs and technological advancements, which are enabling the transportation of temperature-sensitive materials.
Asia Pacific holds the largest market share on account of the increasing number of countries in the region that are outsourcing drug manufacturing, clinical trials and pathology testing.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are AmerisourceBergen Corporation (World Courier), Deutsche Post DHL Group, FedEx Corporation Services, Inc., United Parcel Service of America, Inc., Kuehne + Nagel International AG, Cavalier Logistics, Inc., DB Schenker, LifeConEx, American Airlines Cargo, Continental Group and Marken Ltd.
2. What is the expected growth rate of the global healthcare cold chain logistics market during 2022-2027?
3. What are the key factors driving the global healthcare cold chain logistics market?
4. What has been the impact of COVID-19 on the global healthcare cold chain logistics market?
5. What is the breakup of the global healthcare cold chain logistics market based on the product?
6. What is the breakup of the global healthcare cold chain logistics market based on the segment?
7. What are the key regions in the global healthcare cold chain logistics market?
8. Who are the key players/companies in the global healthcare cold chain logistics market?
Healthcare cold chain logistics is a system allowing temperature-controlled packaging, storage, and transportation of temperature-sensitive products. It relies on cold insulated transport vehicles, such as refrigerated trucks, railcars, freight, and air cargo, to preserve the efficacy and increase the shelf life of various vaccines, medicines, biopharmaceuticals, and samples. It provides reliable information to pharmaceutical companies about the products when communicating with regulatory agencies and reduces losses from damaged biomedical products.
Healthcare Cold Chain Logistics Market Trends
At present, there is a rise in the utilization of healthcare cold chain logistics to preserve healthcare products across the globe. This, along with the expanding pharmaceutical industry, represents one of the key factors driving the market. Moreover, there is an increase in the need for proper storage and transportation of drugs in the healthcare sector without reducing the efficiency of drugs. This, coupled with several benefits provided by healthcare cold chain logistics, such as seamless integration of activities during transportation and delivery, is propelling the growth of the market. In addition, the escalating demand for biopharmaceuticals, vaccines, and clinical trial materials due to the growing prevalence of numerous diseases are positively influencing the market. Besides this, governments of several countries are implementing stringent regulations for the efficient handling of temperature-sensitive pharma products around the world. In line with this, the rising reliance on healthcare cold chain logistics to store vaccines under controlled temperatures for vaccination drives is bolstering the market growth.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global healthcare cold chain logistics market, along with forecasts at the global and regional level from 2022-2027. The report has categorized the market based on product and segment.
Breakup by Product:
- Clinical Trial Materials
- Vaccines
- Biopharmaceuticals
Vaccines exhibit a clear dominance in the market owing to the growing mass immunization programs worldwide.
Breakup by Segment:
- Transportation
- Packaging
- Instrumentation
Presently, packaging dominates the market due to the rising number of available designs and technological advancements, which are enabling the transportation of temperature-sensitive materials.
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Rest of the world
Asia Pacific holds the largest market share on account of the increasing number of countries in the region that are outsourcing drug manufacturing, clinical trials and pathology testing.
Competitive Landscape
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are AmerisourceBergen Corporation (World Courier), Deutsche Post DHL Group, FedEx Corporation Services, Inc., United Parcel Service of America, Inc., Kuehne + Nagel International AG, Cavalier Logistics, Inc., DB Schenker, LifeConEx, American Airlines Cargo, Continental Group and Marken Ltd.
Key Questions Answered in This Report
1. What was the size of the global healthcare cold chain logistics market in 2021?2. What is the expected growth rate of the global healthcare cold chain logistics market during 2022-2027?
3. What are the key factors driving the global healthcare cold chain logistics market?
4. What has been the impact of COVID-19 on the global healthcare cold chain logistics market?
5. What is the breakup of the global healthcare cold chain logistics market based on the product?
6. What is the breakup of the global healthcare cold chain logistics market based on the segment?
7. What are the key regions in the global healthcare cold chain logistics market?
8. Who are the key players/companies in the global healthcare cold chain logistics market?
Frequently Asked Questions about the Global Healthcare Cold Chain Logistics Market
What is the estimated value of the Global Healthcare Cold Chain Logistics Market?
What is the growth rate of the Global Healthcare Cold Chain Logistics Market?
What is the forecasted size of the Global Healthcare Cold Chain Logistics Market?
Who are the key companies in the Global Healthcare Cold Chain Logistics Market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- American Airlines Cargo
- Cavalier Logistics Inc.
- Continental Group
- DB Schenker
- Deutsche Post DHL Group
- LifeConEx
1 Preface3 Executive Summary
2 Scope and Methodology
4 The Global Healthcare Cold Chain Products Market
5 Healthcare Cold Chain Logistic Services Market
6 Value Chain Analysis
7 Price Analysis
8 SWOT Analysis
9 Porter’s Five Forces Analysis
10 Healthcare Cold Chain Logistics: How Does It Operate?
11 Competitive Landscape
List of Figures
List of Tables
Note: Product cover images may vary from those shown
- AmerisourceBergen Corporation (World Courier)
- Deutsche Post DHL Group
- FedEx Corporation Services Inc.
- United Parcel Service of America Inc.
- Kuehne + Nagel International AG
- Cavalier Logistics Inc.
- DB Schenker
- LifeConEx
- American Airlines Cargo
- Continental Group
- Marken Ltd
Note: Product cover images may vary from those shown
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