Healthcare Cold Chain Logistics Market Revenue at CAGR of ~7.54%Forecasts by 2023A Story by sumit choudhari Healthcare Cold Chain Logistics Market report is an expert analysis report which gives detail information about industry players, segmentation and regional data in-depth. Medical Device Connectivity Healthcare Cold Chain Logistics is
gaining a quick momentum right from manufacturing to distribution. Cold chain
has tremendous potential in healthcare. Manufacturing and supply chain have
always remained a key area of focus in the healthcare sector and now, even more
so as manufacturing costs spiral upwards. The healthcare cold chain market will
exhibit a strong growth over the next several years. By the year 2023, the
market is projected to reach a valuation of USD 16,588.3 Mn. As per the latest report published by
Market Research Future (MRFR), the Global Healthcare Cold Chain Logistics
Market will increase at a compound annual growth rate of 7.54% between 2018 and
2023. Unbroken cold chain services the gaining popularity in the healthcare
sector. This can be attributed to the arrival of various pharmaceutical
products that require a controlled environment starting from the initial point
till the time they reach end-users. Cold chain services offer long term
solution for drug preservation and potency issues. It facilitates the
transportation of temperature-sensitive drugs and medical specimens. Market
opportunities for cold chain in healthcare is expected to increase in the years
to come. Healthcare
Cold Chain Logistics Market Segmentation: The
report includes a detailed segmental analysis of the market based on product
type, storage techniques, end user and services. On the basis of product type,
the market has been segmented into clinical trial materials, vaccines,
biopharmaceuticals, and others. The vaccines segment holds a predominant
position in term of market value. The segment surpassed a market valuation of
USD 3,800 Mn in 2017. Vaccines account for significant percentage of the
overall pharmaceutical products produced globally. This, in turn, is supporting
the growth of the segment. The biopharmaceutical segment is also set to witness
a strong growth in the forthcoming years and will eventually outperform the
vaccine segment. With targeted therapies becoming more popular, the
biopharmaceutical products gain higher prominence. By services, the market has
been segmented into packaging, transportation, storage and others. Towards
the end of the forecast period, the segment is projected to reach a valuation
is excess of USD 7,200 Mn. Demand for cold chain transportation services is
substantially high as they form a crucial part of the entire logistics
operation. Special vehicles are utilized for cold chain transportation
services, which ensures uninterrupted temperature control. The storage segment
is projected to capture a relatively higher growth rate. By storage techniques,
the market has been segmented into liquid nitrogen, electrical refrigeration,
gel packs, dry ice and others. Key Players AmerisourceBergen
Corporation, American Airlines, Inc., DB Schenker, FedEx, Marken, Cavalier
Logistics, KUEHNE + NAGEL, and DHL international GmbH are some of the key
market players mentioned MRFR’s report. Regional Analysis The market has been covered across
regions such as Latin America, North America, Asia Pacific (APAC), Europe and
the Middles East and Africa (MEA). Latin America and North America collectively
dominate the global Healthcare Cold Chain Logistics market. Factors such as
presence of large number of service providers and existence of a vast
pharmaceutical manufacturing sector is supporting the growth of market in these
two regions, particularly in North America. The Americas is followed by the
Europe and Asia Pacific respectively. Table Of Content 1 Report Prologue 2 Introduction 2.1 Definition 2.2 Scope Of The Study 2.3 Research Objective 2.4 Assumptions & Limitations 2.4.1 Assumptions 2.4.2 Limitations 2.4.3 Market Structure 3 Research
Methodology 3.1 Primary Research Methodology 3.2 Secondary Research Methodology 3.3 Market Size Estimation 3.4 Forecast Model TOC Continued….!
© 2018 sumit choudhariAuthor's Note
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