This MRFR Market Perspective Examines the Historical Trends and Current Scenario of the “Global Healthcare Cold Chain Logistics Market” to Deliver a Highly Pertinent Growth Forecast. The primary objective of the report is to deliver Industry insights, market facts and relevant data that will allow report users to make informed decisions and device growth strategies.
Healthcare Cold Chain Logistics Market – Scenario
The logistics process in the healthcare sector is continuously evolving with the incorporation of technologically advanced solutions, in order to correct the anomalies that occur during the transportation of temperature-sensitive medications. Cold chain logistics includes all the means that are essential to ensure constant low temperature for temperature-sensitive products, right from manufacturing till the time of usage. The process is carried out with the help of refrigerator trucks, reefer ships, refrigerator cars, reefer containers, refrigerated warehouses and others. Market Research Future (MRFR) has recently published a report stating that the global healthcare cold chain logistics market is marked to expand at a notable growth rate in the forthcoming years.
Healthcare Cold Chain Logistics Market – Drivers and Restraints:
Cold chain logistics plays a vital role in maintaining the efficacy of personalized drugs. Hence increasing preference for personalized drugs by the large patient pool and rapidly increasing geriatric population is resulting in the significant growth of the global healthcare cold chain logistics market. With increasing research in the field of molecular biotechnology and extensive stem cell research are inducing high demand for cold chain logistics in the healthcare sector, resulting in the rapid expansion of the global healthcare cold chain logistics market.
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The export of pharmaceuticals has increased in the last few years as the governmental and non-governmental organizations are focusing on providing healthcare facilities in the underdeveloped regions. Initiatives such as mass immunization, which requires vaccines stored in temperature-controlled chambers, in various developing and underdeveloped regions are generating demand for cold chain logistics for the transportation of temperature-sensitive medications, leading to the expansion of the global healthcare cold chain logistics market.
Increasing focus on clinical trials for development of new treatment methods employ temperature-sensitive tissue samples, blood samples and various types of drugs. Transportation delays and weather fluctuations can cause potential damage to such samples. The vital role of cold chain logistics for carrying out clinical trials is one of the important factors that are propelling the growth of the global healthcare cold chain logistics market. Increasing utilization of cold chain logistics for safe delivery and distribution of temperature-sensitive products in the healthcare sector is resulting in the noteworthy expansion of the global healthcare cold chain logistics market.
However, the improper implementation of techniques and technologies required for maintaining the consistency across the process is likely to pose a threat for the expansion of the global healthcare cold chain logistics market in the forthcoming years.
Companies Mentioned:
The prominent players profiled by MRFR that are operating in the global healthcare cold chain logistics market are Continental Air Cargo, Kuehne and Nagel International AG, DHL International GmbH, DB Schenker Inc., World Courier, United Parcel Service Inc., LifeConEx LLC, FedEx Corporation and others.
Healthcare Cold Chain Logistics Market – Segmentation:
The global healthcare cold chain logistics market has been segmented on the basis of product, storage technique and services. Based on product, the healthcare cold chain logistics market has been segmented into vaccines, biopharmaceuticals and clinical trial materials. Based on storage technique, the healthcare cold chain logistics market has been segmented into dry ice, gel packs and liquid nitrogen. Based on services, the healthcare cold chain logistics market has been segmented into transportation services, packaging services and instrumentation services.
Healthcare Cold Chain Logistics Market – Regional Analysis:
Geographically, the global healthcare cold chain logistics market has been segmented into four major regions such as North America, Asia Pacific, Europe and the rest of the world. Rapid development of pharmaceutical industry and increasing demand for temperature-sensitive medications among the large patient pool are fueling the growth of healthcare cold chain logistics market in the North America region. The healthcare cold chain logistics market in the Asia Pacific region is expanding significantly, owing to the multiple mass immunization programs organized by the governmental and non-governmental organizations in the developing countries where temperature sensitive pharmaceuticals are majorly used in this region. The strict regulatory framework for transportation of temperature-sensitive pharmaceuticals and adoption of technologically advanced solutions in cold chain logistics is propelling the growth of the healthcare cold chain logistics market in the Europe region.
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