Healthcare Cold Chain Monitoring Market Growth, Size, Trends, Challenges and Future Scope 2032

Healthcare Cold Chain Monitoring Market Size- By Component, By Software, By Temperature Type, By Product, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Healthcare Cold Chain Monitoring Market Size- By Component, By Software, By Temperature Type, By Product, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Published: Mar 2023 Report ID: AMIN2348 Pages: 1 - 257 Formats*:     
Category : Automotive & Transportation
Global Healthcare Cold Chain Monitoring Market Overview

According to SPER Market Research, the Global Healthcare Cold Chain Monitoring Market is estimated to reach USD 26.09 billion by 2032 with a CAGR of 16.86%. 

Healthcare cold chain monitoring is a system that ensures the safe and effective transport and storage of temperature-sensitive healthcare products, such as vaccines, medications, and biological samples. These products need to be maintained within specific temperature ranges to preserve their potency, efficacy, and safety. Failure to do so can lead to product spoilage, reduced effectiveness, or even harm to patients.

Cold chain monitoring systems use a combination of hardware and software to track and record temperature data during storage and transportation. This information is used to verify that the products have been maintained within their required temperature ranges. The system can also alert healthcare providers if there is a deviation from the required temperature range, so that corrective action can be taken to avoid product loss or harm to patients. The use of cold chain monitoring in healthcare has become increasingly important with the global distribution of COVID-19 vaccines. The vaccines require strict temperature control, and the cold chain monitoring system ensures that the vaccines remain within their required temperature ranges from production to administration. Cold chain monitoring is also used in other areas of healthcare, such as blood banking, organ transplantation, and pharmaceutical manufacturing.

Overall, the use of cold chain monitoring in healthcare helps ensure the safety and effectiveness of temperature-sensitive healthcare products, protecting patients and reducing waste.
Healthcare Cold Chain Monitoring Market
Impact of COVID-19 on the Global Healthcare Cold Chain Monitoring Market
Healthcare cold chain monitoring has been significantly impacted by the COVID-19 epidemic. The cold chain is a mechanism used to transport and store temperature-sensitive goods at specified temperatures, such as vaccinations, blood products, and some pharmaceuticals, to ensure their efficacy and safety.

Distribution of Vaccines: The COVID-19 vaccines' sensitivity to temperature has been a serious issue for cold chain logistics. The immunizations must be stored at particular temperatures, and any changes may reduce their effectiveness. To make sure that vaccinations are carried and kept at the proper temperatures, cold chain monitoring has become crucial.

Many temperature-sensitive products, including medicines and blood supplies, have seen an upsurge in demand as a result of the epidemic. In order to fulfil demand, the cold chain logistics sector has been compelled to expand operations.

Disruptions in the supply chain brought on by the pandemic have resulted in shortages of essential medical supplies, including as temperature-sensitive items. This has increased the demand on the cold chain logistics sector to guarantee safe transportation and storage of the available supplies. The pandemic has shown the importance of healthcare's cold chain monitoring system. Healthcare organizations and logistics businesses are more conscious of the necessity to preserve the integrity of temperature-sensitive items in order to guarantee their efficacy and safety.

In conclusion, the COVID-19 pandemic has brought attention to the significance of cold chain monitoring in the medical field. The demand for temperature-sensitive goods has grown, and the cold chain logistics sector has had to adjust to meet this need while making sure that these goods are carried and kept correctly to retain their efficacy and safety. There is a growing preference for remote monitoring, and healthcare organizations are becoming more aware of the value of cold chain monitoring.

Healthcare Cold Chain Monitoring Market


Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Component, By Software, By Temperature Type, By Product, By End User
 Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
 Companies Covered
Carrier, Monnit Corporation, Berlinger & Co. AG, Emerson Electric Co, Testo SE & Co. KGAA, Others
Key Target Audience
  • Healthcare
  • Chemical Industry
  • Investors
  • End-Users
  • Pharmaceuticals
Global Healthcare Cold Chain Monitoring Market Segmentation:
1. By Component:
  • Data Loggers
  • Hardware
  • Real-Time Monitoring Devices
  • Resistance Temperature Detectors
  • RFID Devices
  • Sensors
2. By Software: 
  • Cloud Based and On-Premises
3. By Temperature:
  • Frozen and Chilled
4. By Product:
  • Biopharmaceuticals
  • Clinical Trial Materials
  • Vaccines
5. By End User:   
  • Biopharmaceutical Companies
  • Hospitals & Clinics
  • Research Institute
6. By Region:
  • Asia-Pacific
  • Europe
  • Middle East & Africa
  • North America
  • Latin America
Key Topics Covered in the Report:
  • Size of Global Healthcare Cold Chain Monitoring Market (FY’2019-FY’2032)
  • Overview of Global Healthcare Cold Chain Monitoring Market
  • Segmentation of Global Healthcare Cold Chain Monitoring Market By Component (Data Loggers, Hardware, Real-Time Monitoring Devices, Resistance Temperature Detectors, RFID Devices, Sensors)
  • Segmentation of Global Healthcare Cold Chain Monitoring Market By Software (Cloud Based and On-Premises)
  • Segmentation of Global Healthcare Cold Chain Monitoring Market By Temperature Type (Frozen and Chilled)
  • Segmentation of Global Healthcare Cold Chain Monitoring Market By Product (Biopharmaceutical, Clinical Trial Materials, Vaccines)
  • Segmentation of Global Healthcare Cold Chain Monitoring Market By End user (Biopharmaceutical Companies, Hospitals & Clinics, Research Institute)
  • Statistical Snap of Global Healthcare Cold Chain Monitoring Market
  • Growth Analysis of Global Healthcare Cold Chain Monitoring Market
  • Problems and Challenges in Global Healthcare Cold Chain Monitoring Market
  • Competitive Landscape in the Global Healthcare Cold Chain Monitoring Market
  • Impact of COVID-19 and Demonetization on Global Healthcare Cold Chain Monitoring Market
  • Details on Recent Investment in Global Healthcare Cold Chain Monitoring Market
  • Competitive Analysis of Global Healthcare Cold Chain Monitoring Market
  • Major Players in the Global Healthcare Cold Chain Monitoring Market
  • SWOT Analysis of Global Healthcare Cold Chain Monitoring Market
  • Global Healthcare Cold Chain Monitoring Market Future Outlook and Projections (FY’2019-FY’2032)
  • Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Healthcare Cold Chain Monitoring Market

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Competitive Landscape 
6.1 Global Healthcare Cold Chain Monitoring Manufacturing Base Distribution, Sales Area, Product Type 
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Healthcare Cold Chain Monitoring Market

7. Global Healthcare Cold Chain Monitoring Market, By Component 2019-2032 (USD Million)
7.1 Data Loggers
7.2 Hardware
7.3 Real-Time Monitoring Devices
7.4 Resistance Temperature Detectors
7.5 RFID Devices
7.6 Sensors

8. Global Healthcare Cold Chain Monitoring Market, By Software 2019-2032 (USD Million)
8.1 Cloud Based and On-Premises

9. Global Healthcare Cold Chain Monitoring Market, By Temperature, 2019-2032 (USD Million)
9.1 Frozen and Chilled

10. Global Healthcare Cold Chain Monitoring Market, By Product, 2019-2032 (USD Million)
10.1 Biopharmaceuticals
10.2 Clinical Trial Materials
10.3 Vaccines

11. Global Healthcare Cold Chain Monitoring Market, By End User, 2019-2032 (USD Million)     
11.1 Biopharmaceutical Companies
11.2 Hospitals & Clinics
11.3 Research Institute

12. Global Healthcare Cold Chain Monitoring Market, By Region, 2019-2032 (USD Million)
12.1 Global Healthcare Cold Chain Monitoring Market Size and Market Share by Region (2019-2025) 
12.2 Global Healthcare Cold Chain Monitoring Market Size and Market Share by Region (2026-2032)
12.3 Asia-Pacific
12.3.1 Australia
12.3.2 China
12.3.3 India
12.3.4 Japan
12.3.5 South Korea
12.3.6 Rest of Asia-Pacific
12.4 Europe
12.4.1 France
12.4.2 Germany
12.4.3 Italy
12.4.4 Spain
12.4.5 United Kingdom
12.4.6 Rest of Europe
12.5 Middle East and Africa
12.5.1 Kingdom of Saudi Arabia 
12.5.2 United Arab Emirates
12.5.3 Rest of Middle East & Africa
12.6 North America
12.6.1 Canada
12.6.2 Mexico
12.6.3 United States
12.7 Latin America
12.7.1 Argentina
12.7.2 Brazil
12.7.3 Rest of Latin America

13. Company Profiles
13.1 Carrier
13.1.1 Company details 
13.1.2 Financial outlook
13.1.3 Product summary 
13.1.4 Recent developments
13.2 Monnit Corporation
13.2.1 Company details 
13.2.2 Financial outlook
13.2.3 Product summary 
13.2.4 Recent developments
13.3 Berlinger & Co. AG
13.3.1 Company details 
13.3.2 Financial outlook
13.3.3 Product summary 
13.3.4 Recent developments
13.4 Emerson Electric Co.
13.4.1 Company details 
13.4.2 Financial outlook
13.4.3 Product summary 
13.4.4 Recent developments
13.5 Testo SE & Co. KGAA
13.5.1 Company details 
13.5.2 Financial outlook
13.5.3 Product summary 
13.5.4 Recent developments
13.6 Others
13.6.1 Company details 
13.6.2 Financial outlook
13.6.3 Product summary 
13.6.4 Recent developments

14. List of Abbreviations

15. Reference Links

16. Conclusion

17. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
Healthcare Cold Chain Monitoring Market CAGR of 16.86% during the forecast period.
Healthcare Cold Chain Monitoring Market size is USD 26.09 billion from 2022 to 2032.
Healthcare Cold Chain Monitoring Market Segment is covered By Type, By Platform, By End User.
The North America region is anticipated to have the highest market share in the Healthcare Cold Chain Monitoring Market.
The key players in the market include Companies Covered Carrier, Monnit Corporation, Berlinger & Co. AG, Emerson Electric Co, Testo SE & Co. KGAA, Others.
The vaccines require strict temperature control, and the cold chain monitoring system ensures that the vaccines remain within their required temperature ranges from production to administration.
Healthcare Cold Chain Monitoring Market is projected to reach USD 26.09 billion by 2032, growing at a CAGR of 16.86% during the forecast period.
Healthcare Cold Chain Monitoring Market grew in market size from 2021. The Market is expected to reach USD 26.09 billion by 2032, at a CAGR of 16.86% during the forecast period.
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