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The global healthcare cold chain logistics market was valued at US$ 13.3 Billion in 2020.
We expect the global healthcare cold chain logistics market to exhibit a CAGR of around 7% during 2021-2026.
The increasing outsourcing preferences in the pharmaceutical and biopharmaceutical sector for drugs, vaccines and clinical trial materials, represents one of the factors driving the global healthcare cold chain logistics market.
Sudden outbreak of the COVID-19 pandemic has led to the increasing utilization for healthcare cold chain logistics for storing and transporting vaccines across the globe.
Based on the product, the global healthcare cold chain logistics market has been segmented into vaccines, clinical trials, and biopharmaceuticals. Currently, vaccines hold the majority of the total market share.
Based on the segment, the global healthcare cold chain logistics market can be segregated into transportation, packaging, and instrumentation. Among these, the transportation sector currently represents the largest segment.
On a regional level, the market has been classified into North America, Asia-Pacific, and Europe, where North America currently dominates the global market.
Some of the major players in the global healthcare cold chain logistics market include World Courier, DHL, FedEx, United Parcel Service, Kuehne and Nagel, Cavalier Logistics, DB Schenker, Life ConEx, American Airlines Cargo, Continental Air Cargo, and Marken.
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