Healthcare Cold Storage Market

Global Healthcare Cold Storage Market By Temperature Type (Chilled, Frozen), By Storage Technique (Dry Ice, Electrical Refrigeration, Gel Packs, Liquid Nitrogen, Others), By End-user (Academic & Research Institutes, Pharmaceutical & Biotechnology Companies), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

  • Report ID: HC-2438
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 237
  • Format:
  • Pub. Date: 15-07-2021
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Market Outlook:

The Healthcare cold storage market was valued at USD 4,420.4 million in 2020 and is projected to reach USD 11,670.4 million by 2028, expanding at a CAGR of 13.1% during the forecast period. Increased automation in refrigerated warehouses is expected to drive up demand even more. The global cold storage market is expected to increase due to favorable socioeconomic and demographic variables such as urbanization, population expansion, disposable incomes, and a rise in the standard of life. Pharmaceutical acceptability is increasing, which is fueling the development of the global cold storage industry. Environmental worries about greenhouse gas emissions, a scarcity of qualified workers in developed markets, and a lack of rules and codes are all potential roadblocks to the global cold storage market's overall expansion. Also the market's expansion is being hampered by a lack of adequate facilities and dependable sources of power in cold storage facilities.

Healthcare Cold Storage Market key takeaways

In healthcare cold storage market, increased automation in refrigerated warehouses is expected to drive up demand. The global cold storage market is expected to increase due to favorable socioeconomic and demographic variables such as urbanization, population expansion, disposable incomes, and a rise in the standard of life. Pharmaceutical acceptability is increasing, which is fueling the development of the global cold storage industry. Environmental worries about greenhouse gas emissions, a scarcity of qualified workers in developed markets, and a lack of rules and codes are all potential roadblocks to the global cold storage market's overall expansion.

IoT and real-time visibility is making a big impact on the growth of healthcare cold storage market. Real-time visibility into temperature changes is possible because to technology-enabled tracking, block-chain, monitoring devices, and cloud storage, as well as the ability to intervene before damage is done. Sensors in the Internet of Things keep supply chains on the lookout. Sensors installed on every container, package, or unit on the production floor may be followed during their route to the healthcare institution, allowing digital technology to aid manage distribution once the products leave the plant. Medical cold storage facilities are outfitted with the most up-to-date EDI order fulfilment, temperature monitoring systems, radio frequency identification abilities, and a sophisticated Inventory Control System that ensures that every product is tracked at all times.

Healthcare Cold Storage Market by key takeawayss

Macro-Economic Factor

Cold Chain Management is under pressure to meet cost efficiencies

Despite technological advancements in cold chain systems, most of them are expensive to be widely available. Some transportation providers use low-quality cold storage systems. There is a high chance that a piece of equipment or device in the cold chain breaks, due to the low quality of the cold storage system.

Lack of Uniform Infrastructure

Scientific advancements resulted in reliable cold chain devices; however, cutting-edge technology is expected to fail, owing to lack of details. Modern active cooling technology is useless without a power source and require the correct adaptor and power.

Market Dynamics

Driver- Increased automation in refrigerated warehouses

In the next several years, the expanding sector of vaccine is expected to help drive the demand for cold storage solutions. The impact of cold chain shipping is reduced by providers and users of thermal packaging devices. Increased automation in refrigerated warehouses is expected to drive up demand even more. The global cold storage market is expected to increase due to favorable socioeconomic and demographic variables such as urbanization, population expansion, disposable incomes, and a rise in the standard of life.

Driver- The worldwide healthcare cold chain logistic industry is expected to grow, due to increased usage by pharmaceutical businesses.

Pharmaceutical acceptability of cold storage is increasing, which is fueling the development of the global cold storage industry. Pharmaceutical companies are creating new cures, methods, and medications to tackle the rising frequency of chronic and lifestyle-related disorders. Genetic therapies, diagnostic imaging, and regenerative medications are demanded in recent decades, with effective temperature and temporal controls.

Restraint- A lack of adequate infrastructure

The market's expansion is being hampered by problems such as a lack of adequate infrastructure and stable power supplies at cold storage facilities. In addition, the lack of proper power hook-ups at transportation hubs is likely to stifle expansion over the forecast period. Environmental worries about greenhouse gas emissions, a scarcity of qualified workers in developed markets, and a lack of standards and norms are all potential roadblocks to the global cold storage market's overall expansion.

Opportunity- Increasing government support for infrastructure development

Increasing government support for infrastructure development to reduce processed surgical equipment wastage, increasing foreign direct investments in developing economies, and advancement of technical and exceptional approaches to solve the issue of unreliable power supply are anticipated to build potential revenue opportunities during the forecast period.

Segmental Outlook

Based on temperature type, the cold storage market is segmented into chilled and frozen. In 2020, the frozen category dominated the market, accounting for more than 78 percent of global revenue. It is used to guarantee that specific medicines are stored securely inside a narrow temperature range, as specified by the manufacturer; this is usually within +2 and +8 degrees Celsius, with +5 degrees Celsius being optimum.

Based on storage technique, the cold storage market is segmented into dry ice, electrical refrigeration, gel packs, liquid nitrogen and others. The electric refrigeration is expected to expand at a significant pace during the forecast period, due to rising consumer awareness. To ensure that temperature-sensitive commodities are stored and transported in the best possible circumstances, hundreds of warehouses with cold chain systems are being built.

Healthcare Cold Storage Market by temperature type


Based on end-user, the cold storage market is segmented into academic & research institutes and pharmaceuticals & biotechnology companies. After acquiring temperature-controlled products from suppliers, end-users such as hotels may have cold storage facilities. Furthermore, cold storage is assigned to a third-party logistics provider (3PL), where products are kept until ready to be sent to end-users. Cold storage product manufacturers and packagers frequently have their own cold storage facility. This safeguards the products until they are delivered to distributors and final customers. Many end users have their own cold storage facilities at the other end of the supply chain. This keeps the items safe until they're needed.

Based on regions, the healthcare cold storage market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to witness substantial CAGR of during the forecast. The region's growth is being fueled by the spread of connected devices as well as the presence of a big customer base.

Healthcare Cold Storage Market by type

Recent developments & impact analysis for healthcare cold storage market-

  • With temperature control measures, cold storage and refrigerated warehouses are an essential part of supply chains, and they're just growing wider – literally – with cold storage area growing at a rate of around 4% per year since 2013.
  • Chilled Warehouse Automation/Robotics: In cold storage facilities, especially those that handle online purchases, turnover speed is critical.
  • Automated/robotic technologies, Automated guided vehicles (AGVs), and automated storage/retrieval systems (AS/RS) are rapidly becoming commonplace in them in order to optimize it.
  • Temperature Control in Bigger Storehouses: Many industrial cold storage facilities are being developed in expensive, metropolitan regions to offset high operating costs and the requirement for speedy delivery, leading enterprises to “go vertical” with their workplace. As a result of this tendency, fall prevention equipment has become a primary safety issue.
  • Efficiencies in Energy Efficiency across the Cold Supply Chain: In today's cold storage business, energy efficiency and cold chain integrity are also important issues. The drive-through dock design is the gold standard for achieving both at the loading dock.
  • Keeping up with the Demands of the Market: Managers of cold storage facilities who grasp the fundamental developments in cold storage warehouse operations – and the new equipment solutions to the difficulties they present – can ensure that their facilities stay up with the market's ever-increasing needs.

Future Opportunities for Healthcare Cold Storage Market

  • In current scenario, transport the vaccines of Covid-19 is big task for many countries around the world. That creates huge amount of opportunities for cold storage vendors. Vaccines are frequently transported by truck and airline, with stops and storage at distributors along the way until arriving at the terminal, when they are placed back into cold storage.
  • The slowdown in the cold storage industry initially hit the sector, producing congestion in several warehouses. However, during the early months of the pandemic, a strong increase in retail demand aided their success, and the effect is expected to persist longer.
  • In the United States, cold storage warehouses are now holding a bigger volume of merchandise than usual. Volumes in US freezers and coolers in April 2020 are 2.5 percent and 10.3 percent, respectively, apart from seasonal products such as pharmaceutical products and vaccines.
  • Many elements in the pharmaceutical supply chain are expected to alter as a result of the pandemic. Here, we identify possible investment opportunities for cold storage operators in the United States.
  • Inventory levels could be increasing: Prior to 2008, according to the US Census, overall inventory levels were rationalizing as businesses sought to save expenses and optimize inventory levels. As a result of the financial crisis in 2008/09, there was a temporarily steep increase in the inventory-to-sales ratio. Similarly, because we expect to enter a depression in the second half of 2020, we anticipate a brief increase in this ratio due to reduced consumption and inventory accumulation. It is crucial to emphasize, however, that the decline in vaccine consumption will not be considerable until the later stages of the recession. This pandemic may force businesses to shift their inventory strategies from "just in time" to "just in case," resulting in higher inventory levels and, as a result, greater demand for cold storage market.

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Healthcare Cold Storage Market
  • Historical, Current and Projected Market Size in terms of Value
  • Potential & Niche Segments Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Healthcare Cold Storage Market Performance

Segments

Key Segments Covered

By Temperature Type

  • Chilled
  • Frozen

By Storage Technique

  • Dry Ice
  • Electrical Refrigeration
  • Gel Packs
  • Liquid Nitrogen
  • Others

By End-user

  • Academic & Research Institutes
  • Pharmaceutical & Biotechnology Companies

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • Alloga
  • BioLife Solutions
  • Philipp Kirsch GmbH
  • Cardinal Health
  • CRS Cold Storag
  • Glacier Coldrooms UK
  • Lonza
  • Helmer Scientific Inc
  • Roemer Industries
  • Thermo Fisher Scientific Inc.
  • GATI KAUSAR
  • Modular Coldrooms

Competitive Landscape

  • Top players in the market include Alloga, BioLife Solutions, Cardinal Health, Thermo Fisher Scientific Inc. These companies are considered as key manufacturers of Global Healthcare Cold Storage based on their revenue, product offerings and supply chain management system.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where there is potential opportunity for the Global Healthcare Cold Storage market.
Healthcare Cold Storage Market by key players
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare Cold Storage Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Healthcare Cold Storage Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Healthcare Cold Storage Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Healthcare Cold Storage Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Healthcare Cold Storage Market Size & Forecast, 2018-2028
      4.5.1 Healthcare Cold Storage Market Size and Y-o-Y Growth
      4.5.2 Healthcare Cold Storage Market Absolute $ Opportunity
   4.6 Future Opportunities
   4.7 Recent Developments & Impact Analysis
   4.8 Regulatory Landscape
   4.9 Technology Landscape
Chapter 5 Global Healthcare Cold Storage Market Analysis and Forecast By Temperature Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Temperature Type
      5.1.2 Basis Point Share (BPS) Analysis By Temperature Type
      5.1.3 Absolute $ Opportunity Assessment By Temperature Type
   5.2 Healthcare Cold Storage Market Size Forecast By Temperature Type
      5.2.1 Chilled
      5.2.2 Frozen
   5.3 Market Attractiveness Analysis By Temperature Type
Chapter 6 Global Healthcare Cold Storage Market Analysis and Forecast By Storage Technique
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Storage Technique
      6.1.2 Basis Point Share (BPS) Analysis By Storage Technique
      6.1.3 Absolute $ Opportunity Assessment By Storage Technique
   6.2 Healthcare Cold Storage Market Size Forecast By Storage Technique
      6.2.1 Dry Ice
      6.2.2 Electrical Refrigeration
      6.2.3 Gel Packs
      6.2.4 Liquid Nitrogen
      6.2.5 Others
   6.3 Market Attractiveness Analysis By Storage Technique
Chapter 7 Global Healthcare Cold Storage Market Analysis and Forecast By End-user
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By End-user
      7.1.2 Basis Point Share (BPS) Analysis By End-user
      7.1.3 Absolute $ Opportunity Assessment By End-user
   7.2 Healthcare Cold Storage Market Size Forecast By End-user
      7.2.1 Academic & Research Institutes
      7.2.2 Pharmaceutical & Biotechnology Companies
   7.3 Market Attractiveness Analysis By End-user
Chapter 8 Global Healthcare Cold Storage Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Healthcare Cold Storage Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Healthcare Cold Storage Analysis and Forecast
   10.1 Introduction
   10.2 North America Healthcare Cold Storage Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Healthcare Cold Storage Market Size Forecast By Temperature Type
      10.6.1 Chilled
      10.6.2 Frozen
   10.7 Basis Point Share (BPS) Analysis By Temperature Type
   10.8 Absolute $ Opportunity Assessment By Temperature Type
   10.9 Market Attractiveness Analysis By Temperature Type
   10.10 North America Healthcare Cold Storage Market Size Forecast By Storage Technique
      10.10.1 Dry Ice
      10.10.2 Electrical Refrigeration
      10.10.3 Gel Packs
      10.10.4 Liquid Nitrogen
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis By Storage Technique
   10.12 Absolute $ Opportunity Assessment By Storage Technique
   10.13 Market Attractiveness Analysis By Storage Technique
   10.14 North America Healthcare Cold Storage Market Size Forecast By End-user
      10.14.1 Academic & Research Institutes
      10.14.2 Pharmaceutical & Biotechnology Companies
   10.15 Basis Point Share (BPS) Analysis By End-user
   10.16 Absolute $ Opportunity Assessment By End-user
   10.17 Market Attractiveness Analysis By End-user
Chapter 11 Europe Healthcare Cold Storage Analysis and Forecast
   11.1 Introduction
   11.2 Europe Healthcare Cold Storage Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Healthcare Cold Storage Market Size Forecast By Temperature Type
      11.6.1 Chilled
      11.6.2 Frozen
   11.7 Basis Point Share (BPS) Analysis By Temperature Type
   11.8 Absolute $ Opportunity Assessment By Temperature Type
   11.9 Market Attractiveness Analysis By Temperature Type
   11.10 Europe Healthcare Cold Storage Market Size Forecast By Storage Technique
      11.10.1 Dry Ice
      11.10.2 Electrical Refrigeration
      11.10.3 Gel Packs
      11.10.4 Liquid Nitrogen
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis By Storage Technique
   11.12 Absolute $ Opportunity Assessment By Storage Technique
   11.13 Market Attractiveness Analysis By Storage Technique
   11.14 Europe Healthcare Cold Storage Market Size Forecast By End-user
      11.14.1 Academic & Research Institutes
      11.14.2 Pharmaceutical & Biotechnology Companies
   11.15 Basis Point Share (BPS) Analysis By End-user
   11.16 Absolute $ Opportunity Assessment By End-user
   11.17 Market Attractiveness Analysis By End-user
Chapter 12 Asia Pacific Healthcare Cold Storage Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Healthcare Cold Storage Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Healthcare Cold Storage Market Size Forecast By Temperature Type
      12.6.1 Chilled
      12.6.2 Frozen
   12.7 Basis Point Share (BPS) Analysis By Temperature Type
   12.8 Absolute $ Opportunity Assessment By Temperature Type
   12.9 Market Attractiveness Analysis By Temperature Type
   12.10 Asia Pacific Healthcare Cold Storage Market Size Forecast By Storage Technique
      12.10.1 Dry Ice
      12.10.2 Electrical Refrigeration
      12.10.3 Gel Packs
      12.10.4 Liquid Nitrogen
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis By Storage Technique
   12.12 Absolute $ Opportunity Assessment By Storage Technique
   12.13 Market Attractiveness Analysis By Storage Technique
   12.14 Asia Pacific Healthcare Cold Storage Market Size Forecast By End-user
      12.14.1 Academic & Research Institutes
      12.14.2 Pharmaceutical & Biotechnology Companies
   12.15 Basis Point Share (BPS) Analysis By End-user
   12.16 Absolute $ Opportunity Assessment By End-user
   12.17 Market Attractiveness Analysis By End-user
Chapter 13 Latin America Healthcare Cold Storage Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Healthcare Cold Storage Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Healthcare Cold Storage Market Size Forecast By Temperature Type
      13.6.1 Chilled
      13.6.2 Frozen
   13.7 Basis Point Share (BPS) Analysis By Temperature Type
   13.8 Absolute $ Opportunity Assessment By Temperature Type
   13.9 Market Attractiveness Analysis By Temperature Type
   13.10 Latin America Healthcare Cold Storage Market Size Forecast By Storage Technique
      13.10.1 Dry Ice
      13.10.2 Electrical Refrigeration
      13.10.3 Gel Packs
      13.10.4 Liquid Nitrogen
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis By Storage Technique
   13.12 Absolute $ Opportunity Assessment By Storage Technique
   13.13 Market Attractiveness Analysis By Storage Technique
   13.14 Latin America Healthcare Cold Storage Market Size Forecast By End-user
      13.14.1 Academic & Research Institutes
      13.14.2 Pharmaceutical & Biotechnology Companies
   13.15 Basis Point Share (BPS) Analysis By End-user
   13.16 Absolute $ Opportunity Assessment By End-user
   13.17 Market Attractiveness Analysis By End-user
Chapter 14 Middle East & Africa (MEA) Healthcare Cold Storage Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Healthcare Cold Storage Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Healthcare Cold Storage Market Size Forecast By Temperature Type
      14.6.1 Chilled
      14.6.2 Frozen
   14.7 Basis Point Share (BPS) Analysis By Temperature Type
   14.8 Absolute $ Opportunity Assessment By Temperature Type
   14.9 Market Attractiveness Analysis By Temperature Type
   14.10 Middle East & Africa (MEA) Healthcare Cold Storage Market Size Forecast By Storage Technique
      14.10.1 Dry Ice
      14.10.2 Electrical Refrigeration
      14.10.3 Gel Packs
      14.10.4 Liquid Nitrogen
      14.10.5 Others
   14.11 Basis Point Share (BPS) Analysis By Storage Technique
   14.12 Absolute $ Opportunity Assessment By Storage Technique
   14.13 Market Attractiveness Analysis By Storage Technique
   14.14 Middle East & Africa (MEA) Healthcare Cold Storage Market Size Forecast By End-user
      14.14.1 Academic & Research Institutes
      14.14.2 Pharmaceutical & Biotechnology Companies
   14.15 Basis Point Share (BPS) Analysis By End-user
   14.16 Absolute $ Opportunity Assessment By End-user
   14.17 Market Attractiveness Analysis By End-user
Chapter 15 Competition Landscape
   15.1 Healthcare Cold Storage Market: Competitive Dashboard
   15.2 Global Healthcare Cold Storage Market: Market Share Analysis, 2020
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Alloga
      15.3.2 BioLife Solutions
      15.3.3 Philipp Kirsch GmbH
      15.3.4 Cardinal Health
      15.3.5 CRS Cold Storag
      15.3.6 Glacier Coldrooms UK
      15.3.7 Lonza
      15.3.8 Helmer Scientific Inc
      15.3.9 Roemer Industries
      15.3.10 Thermo Fisher Scientific Inc.
      15.3.11 GATI KAUSAR
      15.3.12 Modular Coldrooms

Key Segments Covered

By Temperature Type

  • Chilled
  • Frozen

By Storage Technique

  • Dry Ice
  • Electrical Refrigeration
  • Gel Packs
  • Liquid Nitrogen
  • Others

By End-user

  • Academic & Research Institutes
  • Pharmaceutical & Biotechnology Companies

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • Alloga
  • BioLife Solutions
  • Philipp Kirsch GmbH
  • Cardinal Health
  • CRS Cold Storag
  • Glacier Coldrooms UK
  • Lonza
  • Helmer Scientific Inc
  • Roemer Industries
  • Thermo Fisher Scientific Inc.
  • GATI KAUSAR
  • Modular Coldrooms
  • Top players in the market include Alloga, BioLife Solutions, Cardinal Health, Thermo Fisher Scientific Inc. These companies are considered as key manufacturers of Global Healthcare Cold Storage based on their revenue, product offerings and supply chain management system.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where there is potential opportunity for the Global Healthcare Cold Storage market.
Healthcare Cold Storage Market by key players

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request

According to this Growth Market Reports report, the Global Healthcare Cold Storage market is likely to register a CAGR of 13.1% during forecast period 2020-2027, with an anticipated valuation of USD 11,670.4 million by the end of the 2028.

In addition to market size (in US$ Million), Company Market Share (in % for base year 2020), Future Opportunities, Recent Developments & Impact Analysis, Regulatory Landscape, Technology Landscape, and quality parameter overview is provided.

Increased automation in refrigerated warehouses, The worldwide healthcare cold chain logistic industry is expected to grow due to increased usage by pharmaceutical businesses, The healthcare cold chain logistics industry is being propelled forward by technology improvements, and The global firms are devising unique solutions are the factors expected to drive the market growth during forecast period.

The major end-user industries of Global Healthcare Cold Storage are Academic & Research Institutes, Pharmaceutical & Biotechnology Companies.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to slightly increase in growth between 2019 and 2020 owing to the COVID 19 pandemic on the Global Healthcare Cold Storage market.

The base year considered for the Global Healthcare Cold Storage market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018 and 2019 are the historic years, and the forecast is provided from 2021 to 2028.

Factors such as cold chain management is under pressure to meet cost efficiencies, lack of uniform infrastructure, impact of increased regulations, customs, legal, & compliance issues, environmental impact, and supplier risk are analyzed in the final report.

Major manufacturers include Alloga, BioLife Solutions, Cardinal Health, and Thermo Fisher Scientific Inc.