Asia Pacific’s healthcare cold chain logistics services market expected to grow

April 24, 2013
IMARC Group finds that the total market for healthcare cold chain logistics services in the Asia Pacific region is expected to grow.

The research and advisory firm IMARC Group finds that the total market for healthcare cold chain logistics services in the Asia Pacific region is expected to grow at a compound annual growth rate (CAGR) of 12% during 2013-2017.

Findings from the firm’s latest report entitled Global Healthcare Cold Chain Logistics Market Report & Forecast (2012-2017) suggests that excluding some of the developed economies such as Japan, Australia, and Singapore, most of the countries in the region still have an underdeveloped cold chain infrastructure, leaving a lot of room for future growth.

According to an IMARC Group analyst, “The sales of biopharmaceuticals and vaccines in most of these markets are expected to expand rapidly during the forecast period. A number of Asia Pacific destinations such as India, China, Singapore and South Korea etc. are also emerging as major destinations for outsourcing clinical trials, drug manufacturing, and pathology testing. Driven by these factors, we expect the cold chain logistics market in the Asia Pacific region to account for nearly 30% of the global market by 2017.”

This report has analyzed three aspects of the global healthcare cold chain logistics market.

The first aspect involves quantification of the global market for temperature-sensitive healthcare products into three major classes and evaluation of current and future opportunities in each of these classes. The second aspect involves an in-depth understanding of the global healthcare cold chain distribution process and logistic requirements for various temperature-sensitive healthcare products. The third aspect involves quantification of the global healthcare cold chain logistic services market and a evaluation of its various segments.

To buy the report or to get a free sample, contact:

•IMARC Group Asia, email: [email protected], phone: +91-120-415-5099

•IMARC Group North America, email: [email protected], phone: +1-631-791-1145

•IMARC Group Europe, Middle East & Africa, email: [email protected], phone: +44-702-409-7331

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...