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”.
The global isothermal boxes for vaccines market is estimated at US$ 178.6 Million in 2022 and is projected to reach US$ 269.4 Million by 2028, at a CAGR of 7.1% from 2022 to 2028. According to FMI, the market for isothermal vaccination boxes generated US$ 167.2 Mn in revenue in 2021. By the end of 2028, the global market for isothermal vaccination boxes is expected to grow by 1.6 times its current value. With the top 3 nations predicted to control 41% of the isothermal boxes for vaccines market in 2022, the demand for isothermal boxes for vaccines will increase.
The Isothermal Boxes for Vaccines Market plays a crucial role in the transportation and storage of vaccines, ensuring their safety and efficacy. With the global pandemic highlighting the importance of vaccines, it is essential to maintain the cold chain and preserve the integrity of these life-saving doses. Isothermal boxes, also known as vaccine carriers or cold boxes, provide a reliable solution to this challenge. In this article, we will explore the significance of isothermal boxes in the healthcare industry and discuss their various features, benefits, and market trends.
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Isothermal Boxes for Vaccines Market Trends
The Isothermal Boxes for Vaccines Market has witnessed significant growth in recent years, driven by the increasing demand for safe and effective vaccine transportation. As healthcare systems worldwide strive to immunize their populations against various diseases, the need for reliable cold chain solutions has become paramount. Here are some key trends shaping the isothermal boxes market:
- Technological Advancements: The market is witnessing advancements in insulation materials and cooling/heating technologies. The development of more efficient and environmentally friendly materials, as well as innovations in temperature regulation mechanisms, are enhancing the performance and durability of isothermal boxes.
- Growing Focus on Cold Chain Infrastructure: Governments and healthcare organizations are investing in strengthening their cold chain infrastructure to ensure the effective distribution of vaccines. This includes the procurement of high-quality isothermal boxes and the establishment of temperature-controlled storage facilities.
- Rising Demand for Ultra-low Temperature Isothermal Boxes: The emergence of mRNA-based vaccines, like the COVID-19 vaccines, has led to a surge in the demand for isothermal boxes capable of maintaining ultra-low temperatures (-70°C to -80°C). Manufacturers are focusing on developing specialized boxes to meet this specific requirement.
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.
The Key Players Are:
- B Medical Systems Sarl
- AOV International Llp
- Nilkamal Limited
- Apex International
- Blowkings India
- AUCMA Co., Ltd.
- EBARA Inc.
- Termo-Cont MK LLC.
- others
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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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