Global healthcare cold chain logistics market size is expected to grow at a compound annual rate of 6.61% in the forecast period 2021 to 2028 and is likely to reach USD 18,696.18 million by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of healthcare cold chain logistics market in the forecast period of 2021 to 2028.
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Healthcare cold chain logistics is the service which enables temperature-controlled packaging, proper storage and transportation for the protection of temperature-sensitive products especially in pharmaceutical sector. It helps in preserving efficacy and maintaining the shelf life of the products such as medicines, vaccines, bio pharmaceuticals, samples and other products.
The different types of healthcare products require massive amount of preservation and safety thus, the development in pharmaceutical industriesis expected to heighten the growth ofhealthcare cold chain logistics market over the forecast period of 2021 to 2028. The demand for perishable foods such as dairy products, vegetables and fruits and non-veg will drive the market’s growth. However, the lack of appropriate resources or the technology for good quality cold chain facilities is projected to act as a restraint towards the growth of the market.
North America is estimated to lead the healthcare cold chain logistics market due to the well- developed healthcare infrastructure and surge of diseases which requires healthcare products with proper storage and transportation. Asia Pacific are expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to developing healthcare.
The major players covered in the healthcare cold chain logistics market report are AmerisourceBergen Corporation., CAVALIER LOGISITICS, Continental Carbon Company, DHL International GmbH., FedEx, Kuehne+Nagel, Deutsche Post AG, LifeConEx, American Airlines Cargo, Air Charter Service India Pvt Ltd, A.P. Moller – Maersk, Agility, VersaCold Logistics Services, DelhiveryPvt Ltd, YUSEN LOGISTICS CO., LTD., V-Xpress., FulfillmentHubUSA, and Prompt Brazil Logistics among other domestic and global players.
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