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Healthcare cold chain monitoring refers to the process of monitoring and managing the temperature of temperature-sensitive products and medications during their transportation, storage, and distribution. This process is essential to ensure that the quality and potency of these materials are maintained, especially when they are shipped across long distances or to remote locations with limited infrastructure. The cold chain system involves a combination of temperature-controlled storage facilities, refrigerated transportation, and monitoring equipment that helps to maintain temperatures within safe limits. Healthcare cold chain monitoring allows for tracking and collection of data on temperature and other environmental conditions, such as humidity, light, and vibration, which can impact the integrity of the materials. Temperature-sensitive products that may require cold chain monitoring include vaccines, biologics, blood products, and some medications. The global healthcare cold chain monitoring market is projected to rise by USD 3.2 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 11.27 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global healthcare cold chain monitoring market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, product, temperature type, end user, and region. The global market for healthcare cold chain monitoring can be segmented by component: hardware, software. In 2022, the hardware segment made up the largest share of revenue generated by the healthcare cold chain monitoring market. Healthcare cold chain monitoring market is further segmented by product: vaccines, biopharmaceuticals, clinical trial materials, others. The vaccines segment was the largest contributor to the global healthcare cold chain monitoring market in 2022. Based on temperature type, the healthcare cold chain monitoring market is segmented into: chilled, frozen. The chilled segment is estimated to account for the largest share of the global healthcare cold chain monitoring market. On the basis of end user, the healthcare cold chain monitoring market also can be divided into: biopharmaceutical companies, hospital & clinics, research institutes, others. The biopharmaceutical companies segment held the largest share of the global healthcare cold chain monitoring market in 2022 and is anticipated to hold its share during the forecast period. Healthcare cold chain monitoring market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
The hardware market is further segmented into sensors, real-time monitoring devices, data loggers, RFID devices, resistance temperature detectors, others. Among these, the sensors segment was accounted for the highest revenue generator in 2022. Furthermore, the software market has been categorized into cloud based, on-premises. The cloud based segment captured the largest share of the market in 2022 and is expected to maintain its dominance during the forecast period.
Market Segmentation
By component: hardware, software
By product: vaccines, biopharmaceuticals, clinical trial materials, others
By temperature type: chilled, frozen
By end user: biopharmaceutical companies, hospital & clinics, research institutes, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Healthcare Cold Chain Monitoring Market, including Carrier Corporation, Emerson Electric Co., Berlinger & Co. AG, Testo SE & Co. KGaA, Rotronic AG, Elpro-Buchs AG, Haier Group Corporation, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global healthcare cold chain monitoring market.
• To classify and forecast the global healthcare cold chain monitoring market based on component, product, temperature type, end user, region.
• To identify drivers and challenges for the global healthcare cold chain monitoring market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global healthcare cold chain monitoring market.
• To identify and analyze the profile of leading players operating in the global healthcare cold chain monitoring market.
Why Choose This Report
• Gain a reliable outlook of the global healthcare cold chain monitoring market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
PART 1. INTRODUCTION
Report description
Objectives of the study
Market segment
Years considered for the report
Currency
Key target audience
PART 2. METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
Introduction
Drivers
Restraints
PART 5. MARKET BREAKDOWN BY COMPONENT
Hardware
Software
PART 6. MARKET BREAKDOWN BY PRODUCT
Vaccines
Biopharmaceuticals
Clinical trial materials
Others
PART 7. MARKET BREAKDOWN BY TEMPERATURE TYPE
Chilled
Frozen
PART 8. MARKET BREAKDOWN BY END USER
Biopharmaceutical companies
Hospital & clinics
Research institutes
Others
PART 9. MARKET BREAKDOWN BY REGION
North America
Europe
Asia-Pacific
MEA (Middle East and Africa)
Latin America
PART 10. KEY COMPANIES
Carrier Corporation
Emerson Electric Co.
Berlinger & Co. AG
Testo SE & Co. KGaA
Rotronic AG
Elpro-Buchs AG
Haier Group Corporation
DISCLAIMER
Carrier Corporation
Emerson Electric Co.
Berlinger & Co. AG
Testo SE & Co. KGaA
Rotronic AG
Elpro-Buchs AG
Haier Group Corporation
REPORT ATTRIBUTE | DETAILS |
---|---|
Base Year | 2022 |
Forecast Year | 2023-2029 |
CAGR (2023-2029) | 11.27% |
Pages | 89 |
Key Players | Carrier Corporation, Emerson Electric Co., Berlinger & Co. AG, Testo SE & Co. KGaA, Rotronic AG, Elpro-Buchs AG, Haier Group Corporation |
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