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 has experienced remarkable growth in recent years. These specialized containers are instrumental in maintaining the cold chain, the uninterrupted series of storage and distribution steps necessary to ensure vaccines retain their potency. The market for isothermal boxes is driven by several factors, including the increasing demand for temperature-sensitive pharmaceuticals and vaccines, stringent regulatory requirements, and the rising awareness of the importance of safe vaccine transportation. Let’s take a closer look at the key drivers behind the market’s expansion.
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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.
Growing Demand for Temperature-Sensitive Pharmaceuticals and Vaccines
The pharmaceutical industry has witnessed a surge in the development and distribution of temperature-sensitive drugs and vaccines. Biologics, such as vaccines, require strict temperature control to maintain their stability and efficacy. As the demand for these products continues to rise, the need for reliable and efficient cold chain solutions, including isothermal boxes, becomes paramount.
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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