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Vaccine Transport and Logistics Market (Service - Transportation, and Warehousing; End-users - Hospitals, Pharmaceutical Manufacturers & Distributors, Clinical Research Organizations, Blood Banks, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : December, 2020

  • Rep Id : HC0010

  • Category : Healthcare & Medical Devices

  • Status : Published

A recent report published by Infinium Global Research on the vaccine Transport and Logistics market provides an in-depth analysis of segments and sub-segments in the global as well as regional vaccine Transport and Logistics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional vaccine Transport and Logistics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global vaccine Transport and Logistics market. According to the report, the global vaccine Transport and Logistics market are projected to grow at a CAGR of 7.1% over the forecast period of 2020-2026.

 

Market Insight

Improper transportation and supply chain can put vaccine products at risk of degradation. Therefore, it is necessary to maintain an effective vaccine supply chain and logistics system that ensure product quality. The developing countries are facing serious challenges in their vaccine supply and logistics systems with the introduction of new vaccines, Storage capacity bottlenecks occur at each level that threatens vaccine access, availability, and quality

 

The introduction of a number of newer and more expensive vaccines has placed significant pressure on vaccine supply chain systems this further provides a growing demand for the vaccine Transport and Logistics market. For instance, Pfizer in discussion with the government to sell its promising covid-19 vaccine in India, and for that company would allocate fully executed supply agreements. The company has developed logistical plans to support effective vaccine transport. Furthermore, In November 2020, Emirates airline is to partner with global pharmaceutical producer Pfizer to help navigate the challenges of distributing its Covid-19 vaccine. The aviation industry is planned to work efficiently to deliver COVID vaccines to the market, once approved. The industry is striving to establish practices including the third-party supply chain and the logistical exercise, to ensure vaccines to the markets. Additionally, growing government initiatives for vaccine transport is driving the growth of the market. The governments are exploring alternatives to the in-house supply chain model, where governments take full responsibility for their vaccine supply chains and logistics. The government developing a new vaccine management system, outsourcing the entire vaccine distribution process to a private distributor. This system improves vaccine inventory visibility, and reduce operating expenses. National governments, donors, and international agencies developed a global vision. This is to ensure an efficient management system for vaccine supply and logistics. The systems meet the changing needs that enable the right vaccines to be in the right place, at the right time, and in the right quantities. However, complex procedure to maintain vaccine quality throughout the supply chain is affecting the growth of the market. Vaccine Transport and Logistics market facing challenges such as, ensure vaccine availability at service delivery points. , the financial for the up-gradation of logistics systems, ensure the availability of skilled human resources, keep pace with new policies, and technological advances in supply chain management.

 

Asia Pacific holds a significant share in the vaccine Transport and Logistics market due to the growing efforts of the governments of developing countries. Leading drugmakers are close to COVID-19 vaccines, hence the world will need chain logistics support for their distribution. The stakeholders In China involved in the supply chain are stepping up readiness for the vaccines' eventual global distribution upon approval. Chinese logistics giant SF Express has been working with suppliers to deliver the vaccine, as China export and import them for clinical trials. North America is growing with a healthy CAGR in the global market is mainly due to the government initiatives to promote immunization.

 

Segment Covered

The report on the global vaccine Transport and Logistics market covers segments such as service, and end-users. On the basis of service, the sub-markets include transportation and warehousing. On the basis of end-users, the sub-markets include hospitals, pharmaceutical manufacturers & distributors, clinical research organizations, blood banks, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as American Airlines, Inc., AmerisourceBergen Corporation, Cavalier Logistics, Continental Carbon Company, DB Schenker, DHL International GmbH, FedEx Corporation, Kuehne + Nagel International AG, Marken Ltd., and others.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the vaccine Transport and Logistics market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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