Looking at the current market trends as well as the promising demand status of the Isothermal Boxes for Vaccines Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Isothermal Boxes for Vaccines Market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them to draw conclusions out of this intelligent research report.
The global isothermal boxes for vaccines market was valued at US$ 131.7 Mn in 2017 and is projected to grow at a CAGR of 6.8%, to reach a market size of US$ 269.3 Mn by the end of the forecast period.
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Cold boxes and small vaccine carriers are products used to keep vaccines cool during transportation. In this report, the superset of cold boxes and vaccine carriers has been considered as isothermal boxes. Vaccine carriers are the same as cold boxes, except that they have a relatively smaller volume. Since both short range and long range vaccine carriers have a lower capacity as compared to short range cold boxes, they have been considered in the capacity category of <5 litres. The market standards for the production of isothermal boxes are set by the WHO. The market consists of several organizations and companies that supply/manufacture only WHO-approved isothermal boxes as well as independent companies that sell their own variants. However, isothermal boxes are fairly easy to use and require minimum level of skills. Both cold boxes and vaccine carriers are passive carriers, and therefore, require coolant packs that provide warming for a certain time period. Vaccine carriers, owing to their lower capacity, are more portable. They are used for transporting vaccines and diluents from healthcare facilities to remote areas where ice and refrigeration are not available.
Passive container systems are thermally insulated containers with opening lids and compatible coolant packs. It is advised to have an extra set of coolant packs ready while traveling with isothermal boxes. Coolant packs can be frozen, conditioned, cooled and warmed before use in order to cater to various temperature requirements of vaccines. Isothermal boxes for vaccines are majorly used to aid last mile reach.
The usage of isothermal boxes for vaccines is expected to increase rapidly during the forecast period owing to an increase in the demand for economical cold chain solutions for the last-mile reach of vaccines. Despite heavy support from the local government and various organizations, a number of children die each every year due to improper vaccinations owing to lack of last-mile reach of immunization campaigns. Isothermal boxes for vaccines, especially vaccine carriers, due to their small size, can be carried by a single health worker on foot or on a bicycle to an outreach session. Furthermore, isothermal boxes for vaccines are also used in transportation of vaccines from the primary healthcare centres to intermediate vaccines stores.
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Poor management of supply chain is likely to hamper the growth of the global isothermal boxes for vaccines market. Poor management includes the incorrect usage of coolant-packs and the selection of inappropriate isothermal boxes, among others. Moreover, vaccines are likely to lose their potency in case of failure to maintain the supply chain at the desired range of temperatures. As a result, concentrated efforts are being made to introduce freeze-safe isothermal boxes for vaccines in the market.
The market has been segmented on the basis of materials, product type and region.
The various materials considered in this report include – Polypropylene (PP), Polystyrene Foam (PS), Polyurethane (PU), Polyethylene (PE), and other plastics. The others segment includes plastics such as PVC that are rarely used in isothermal boxes.
By product type, the market has been segmented as ‘short range’ and ‘long range’. The short range segment has further been subdivided into three categories: <5 litres, 5 – 15 litres and 15 – 25 litres. The long range segment has been sub-divided into the following two categories: 5 – 15 litres, and 15 – 25 litres. The study has been divided into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. It is to be noted that any cold chain product with a vaccine storage capacity of more than 25 litres has not been considered in this market assessment report.
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Isothermal Boxes for Vaccines Market Analysis Covering Size, Share, Growth, Trends and Forecast till
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