The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global vaccine storage and packaging market was worth around US$ 21.8 Billion in 2020.
The increasing prevalence of various viral infections and immunological disorders along with the growing awareness towards early diagnosis and prevention of such diseases, are some of the factors driving the global vaccine storage and packaging market.
Sudden outbreak of the COVID-19 pandemic has led to the augmenting demand for efficient vaccines to combat the risk of coronavirus infection, thereby propelling the market for vaccine storage and packaging solutions.
Based on the segment, the global vaccine storage and packaging market has been bifurcated into vaccine storage and vaccine packaging. Currently, vaccine storage holds the majority of the total market share.
Based on the end user, the global vaccine storage and packaging market can be categorized into biopharmaceutical companies, hospitals, medical laboratories, and others. Among these, hospitals currently represent the largest application segment.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe currently dominates the global market.
Some of the major players in the global vaccine storage and packaging market include AmerisourceBergen Corporation, Arctiko A/S, Cardinal Logistics Management Corporation, DHL International GmbH (The Deutsche Post AG), Lineage Logistics LLC, McKesson Corporation, Nipro Corporation, PHC Holdings Corporation, Schenker Aktiengesellschaft (Deutsche Bahn), and Thermo Fisher Scientific Inc.
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