Cold Chain for Pharmaceutical Market 2020-2026
A New Market Study, Titled “Cold Chain for Pharmaceutical Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.
This global study of the Cold Chain for Pharmaceutical market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Cold Chain for Pharmaceutical industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
Global Cold Chain for Pharmaceutical Market Growth Factors, Share, Drivers, Opportunities, and Regional Analysis
The global cold chain for pharmaceutical market revenue is anticipated to reach USD 23.42 billion by 2025 in comparison to the market size of USD 16.20 billion during the year 2019, according to a new report by Fusion Market Research, expanding at a CAGR of 7.65% from 2020 to 2025. Cold chain technology can be defined as a process of controlling the temperature at a specific limit and for a specific period. The cold chain has now been combined with the supply chain process to form a cold chain logistic system. Cold chain logistic system has been evolved during the past few years but was active in the food and beverages industry previously. However, in the recent few years owing to the trend of continuous evolution of generic and important drugs that requires specific temperature for preservation has led to the demand. There are numerous benefits of cold chain facilities like preserving the drugs for a longer duration of time, transportation to the farthest place, proper handling and storing, and ease of delivering at the proper location. After the penetration of the technology, the industries like healthcare, and pharmaceutical are mostly benefited owing to the advantages like a continual supply of important drugs, easy approach with the suppliers, and quick response towards any medical emergency. According to the 2019 edition of Pharmaceutical Commerce’s annual Biopharma Cold Chain Sourcebook, the cold chain for pharmaceutical is showing a tremendous growth rate with 8% annual growth per year. Also, the growth rate of non-cold chain drugs is increasing with 2% annually.
Owing to the discovery of smart technologies and technological mediums like IoT, controlled temperature warehousing system, cold chain logistic has led to the demand of cold chain logistic system in pharmaceutical sector. However, restraints like lack of logistic facilities, proper communication and advance technologies have resulted into the slowing the market growth. Opportunities like continuous development and research & development in the field of medicines and evolution of drugs like biologic will provide a great boost for the market growth. Moreover, government rigorous rules and regulations towards the pharmaceutical industry will be a challenge for the market growth.
Global Cold Chain for Pharmaceutical Market Reports Major Highlights
Global Cold Chain for Pharmaceutical Market- Competitive Landscape
Cold chain for pharmaceutical market is considered as fragmented market owing to the emergence of small players working on the same product line. The list of key players are:
Global Cold Chain for Pharmaceutical Market- Segmentation
Fusion Market Research has segmented the global cold chain for pharmaceutical market based on type, temperature, end-user, and region.
Global Cold Chain for Pharmaceutical Market Type Outlook (Revenue, USD Billion, 2020-2025)
Global Cold Chain for Pharmaceutical Market Temperature Outlook (Revenue, USD Billion, 2020-2025)
Global Cold Chain for Pharmaceutical Market End User Outlook (Revenue, USD Billion, 2020-2025)
Global Cold Chain for Pharmaceutical Market Regional Outlook (Revenue, USD Billion, 2020-2025)
Table of Contents
CHAPTER 1 MARKET OVERVIEW
CHAPTER 2 GLOBAL MARKET SEGMENTATION
CHAPTER 3 Europe MARKET SEGMENTATION
CHAPTER 4 AMERICA MARKET SEGMENTATION
CHAPTER 5 ASIA MARKET SEGMENTATION
CHAPTER 6 OCEANIA MARKET SEGMENTATION
CHAPTER 7 AFRICA MARKET SEGMENTATION
CHAPTER 8 GLOBAL MARKET FORECAST
CHAPTER 9 GLOBAL MAJOR COMPANIES LIST
PART 10 MARKET COMPETITION
PART 11 CORONAVIRUS IMPACT ON Cold Chain for Pharmaceutical INDUSTRY
PART 12 Cold Chain for Pharmaceutical INDUSTRY SUMMARY & CONCLUSION
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