Future Market Insights (FMI) delivers key insights on the global isothermal boxes for vaccines market in its published report titled “Global Isothermal Boxes for Vaccines Market: Industry Analysis and Opportunity Assessment, 2022-2028”.
In terms of revenue, the global isothermal boxes for vaccines market is estimated to grow at a CAGR of 7.1% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.
Isothermal boxes for vaccines are passive carriers majorly used to aid last-mile reach of vaccines from healthcare facilities to outreach sessions. Cold boxes and small vaccine carriers are products used to keep vaccines cool during transportation. In this report, the superset of cold boxes and vaccine carriers has been considered as isothermal boxes for vaccines.
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Increasing transportation services between intermediate vaccines stores and healthcare centers is likely to contribute significantly towards growing demand for the isothermal box for vaccines in the forthcoming years.
Future Market Insights has taken up a comprehensive study, which has been holistically in relation to the market for isothermal box for vaccines. This is also expected to be highly valuable for the end-users in near future. This comprehensive study is the reason why analysts have been able to supply reliable information that is all-inclusive of beneficial facts and figures with regards to market for isothermal box for vaccines for the near future. The report has indicated that market for isothermal box for vaccines will probably be expanding at a significantly healthy 7.1% CAGR throughout 2022-2028, for reaching a valuation of approximately US$ 269.4 Mn by 2028-end.
Introducing technically advanced, effectual as well as innovative isothermal box for vaccines is likely to be considered as an exclusive trend, which will be substantially impacting the holistic development of the market for isothermal box for vaccines across the globe. Our analysts did take immense efforts in making sure that they met the emerging concerns of the industry associates and market observers, regarding the market for isothermal box for vaccines.
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What was the Impact of the COVID-19 Pandemic on the Global Isothermal Boxes for Vaccines Market?
The COVID-19 pandemic has a positive impact on the isothermal boxes for the vaccines market. The isothermal boxes for vaccines experienced a rapid rise in demand due to the spread of coronavirus across the world. According to the World Health Organization (WHO), as of 12th December, 2021 around 8.2 Bn vaccine doses are administered globally.
This increasing number of vaccine doses across the globe augment the sales of isothermal boxes for vaccines as vaccine doses need to be preserved and stored under certain conditions & temperatures.
The development of different vaccines for coronavirus across the world created growth opportunities for the isothermal boxes for vaccines market. Also, the government restriction along with the fear of the deadly virus lead to rising demand for the vaccine. Thus, the spread of COVID-19 had resulted in the development of various vaccines which had a constructive impact on the isothermal boxes for vaccines market.
Competitive Landscape
The key players operating in isothermal boxes for vaccines market are adopting the partnership & collaboration strategy to utilize the resources along with efficiently catering for the increasing demand in the market. Also, the key players are expanding their presence by establishing manufacturing facilities across the untapped regions.
- In December 2021, B Medical Systems Sarl has signed an MOU with the Gujarat Government for manufacturing medical cold chain equipment.
In April 2021, an international leading medical-grade refrigeration and vaccine cold chain equipment manufacturing company named B Medical Systems Sarl announced the partnership with old Chain Technologies to bring end-to-end thermal shipping and medical storage solutions to the market.
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Isothermal Boxes for Vaccines Market By Category
By Product Type:
- Short Range Isothermal Boxes for Vaccines
- <5 Litres
- 5 – 15 Litres
- 16 – 25 Litres
- Long Range Isothermal Boxes for Vaccines
- <5 – 15 Litres
- 16 to 25 Litres
By Material:
- Polypropylene (PP)
- Polystyrene (PS)
- Polyurethane (PU)
- Polyethylene (PE)
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East and Africa (MEA)
- Japan
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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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