“According to the Food and Drug Administration (FDA), the cold chain is a system of storing and transporting vaccines at recommended temperatures from the point of manufacture to the point of use. The equipment included in the cold chain is expected to provide 'EPI standard' vaccine storage. The capacity needs to provide for transport and storage of all vaccines required for routine immunization of all children under 1 year of age (4%) and all women of childbearing age, groups that constitute 4% and 23% of the total population in Ethiopia, respectively. The cold chain is also expected to provide for the needs related to various supplementary immunization activities at any given time.”
According to the report, Rising Demand for Temperature Sensitive Medicines
is one of the primary growth factors for the market. Rising Demand for Technologically Advanced Systems for Distribution of Drugs
is also expected to contribute significantly to the Healthcare Cold Chain Logistics market. Overall, applications of Healthcare Cold Chain Logistics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Services, such as Storage, is boosting the Healthcare Cold Chain Logistics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technique, such as Dry Ice, is boosting the Healthcare Cold Chain Logistics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Healthcare Cold Chain Logistics market identified that the demand is rising in many different parts of the world as "Increasing Demand for the Generic Drugs
".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Healthcare Cold Chain Logistics market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Healthcare Cold Chain Logistics market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Healthcare Cold Chain Logistics market size is calculated using market estimation process, the Healthcare Cold Chain Logistics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Healthcare Cold Chain Logistics market size has been validated using both top-down and bottom-up approaches.