Overview and Scope
Temperature-controlled pharmaceutical containers refer to containers that are accessed with sensors to protect the contents they can detect minute temperature changes and even discern if the materials get exposed to light, which could contaminate the products. It is used to maintain product integrity and avoid contamination.
Sizing and Forecast
The temperature controlled pharmaceutical containers market size has grown rapidly in recent years. It will grow from $5.53 billion in 2023 to $6.11 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to increased pharmaceutical transport, regulatory compliance, globalization of pharmaceutical supply chains, increasing complexity of pharmaceutical products, focus on patient safety..
The temperature controlled pharmaceutical containers market size is expected to see rapid growth in the next few years. It will grow to $9.38 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to growing biopharmaceutical market, focus on last-mile delivery, increased regulatory stringency, rise in personalized medicine, global health emergencies and vaccination needs.. Major trends in the forecast period include advancements in cold chain technologies, globalization of pharmaceutical supply chains, use of advanced insulation and thermal barrier materials, rise in cold chain logistics outsourcing..
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Segmentation & Regional Insights
The temperature controlled pharmaceutical containers market covered in this report is segmented –
1) By Control: Active, Passive
2) By Form: Chest Style, Upright Style
3) By Content Type: Vaccines Or Drugs, Samples, Reagents, Genetic Materials
4) By End User: Pharmaceutical, Clinical Trial
North America was the largest region in the temperature controlled pharmaceutical containers market share in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the temperature controlled pharmaceutical containers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Increasing sales of vaccines are driving the demand for the temperature-controlled pharmaceutical containers market, going forward. Vaccines are medication employed to boost the body’s immunological defenses against diseases, enabling it to combat an infection that has never been encountered before as well as intended to prevent disease rather than to treat it. Vaccines and other temperature-sensitive goods must be stored and transported in temperature-controlled containers for safety. For an instance, in March 2022, according to the annual report published by Sanofi S.A, a France-based biopharmaceutical and healthcare company, the vaccines segment recorded net revenue of USD 6,197.96 million in 2021 and USD 58,548.8 million in 2020, recording an increase of 6.8% CER and 5.9%, reported basis, which included growth across all franchises. Therefore, an increasing sale of vaccines will drive the growth of the temperature-controlled pharmaceutical container market.
Key Industry Players
Major companies operating in the temperature controlled pharmaceutical containers market report are Peli BioThermal LLC, American Aerogel Corporation, AmerisourceBergen Corporation, Cold Chain Technologies Inc., Envirotainer Ltd., FedEx Corporation, Inmark LLC, Intelsius Ltd., Snyder Industries LLC, Sofrigam SAS, Sonoco Company, Tempack Packaging Solutions SL, United Parcel Service of America Inc., Va-Q-tec AG, Pelican BioThermal LLC, Softbox Systems Ltd., Cryopak Industries Inc., DHL International GmbH, Kuehne + Nagel International AG, World Courier Inc., Kalibox SA, Kodiak Technologies, Mesa Laboratories Inc., NOVA Chemicals Corporation, Sorba-Freeze Ltd., Termo-Kont MK LLC, Thermal Shipping Solutions, Thomas EMS, The Wool Packaging Company, Zarges GmbH, AeroSafe Global Inc., B Medical Systems SàRL, Croda International, Insulated Packaging Corp.
The temperature controlled pharmaceutical containers market report table of contents includes:
1. Executive Summary
2. Temperature Controlled Pharmaceutical Containers Market Characteristics
3. Temperature Controlled Pharmaceutical Containers Market Trends And Strategies
4. Temperature Controlled Pharmaceutical Containers Market – Macro Economic Scenario
5. Global Temperature Controlled Pharmaceutical Containers Market Size and Growth
…
31. Global Temperature Controlled Pharmaceutical Containers Market Competitive Benchmarking
32. Global Temperature Controlled Pharmaceutical Containers Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Temperature Controlled Pharmaceutical Containers Market
34.Temperature Controlled Pharmaceutical Containers Market Future Outlook and Potential Analysi
35. Appendix
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