Global Vaccine Carrier Market Size, Top Countries Data Industry Share, Revenue, Latest Trends, Business Improving Strategies, CAGR Status, Growth Opportunities and Forecast To 2027
Vaccine Carrier Market Report covers the top key player’s data, including trades volume, price, revenue, gross profit, interview record, and business distribution etc. in 144 pages. The global Vaccine Carriers market was valued at 102.21 Million USD in 2020 and will grow with a CAGR of 6.71% from 2020 to 2027, based on a newly published report.
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Vaccine carrier refers to the proper handling and storage of vaccines in humans from their production to their administration. These are stored in cooled service rooms at various medical facilities throughout the country. This is done to control the growth and development of microorganisms that are harmful to the vaccines. Proper storage techniques are used so that the vaccines can be safely stored without any harmful organisms being present when the vaccines are returned to service. The main quality criteria for vaccine carrier are: adequate temperature control, excellent humidity control, and controlled entry and removal. The highest possible temperature is used to optimize the stability of vaccines in their stored containers.
By Types: Under 5 Liters, 5-15 Liters, 15-25 Liters
By Applications: Hospitals, Epidemic Prevention Station
The growing cold chain market has led to the increase of the vaccine carriers market. Vaccine carriers are majorly used in the storage and transportation of vaccines and diluents to an out-reach service. They have outstanding features such as high-quality insulating material, robustness, light in weight, and insulation from external environments. Moreover, vaccine carriers offer efficiency, reliability, ease to handle, and sturdily built properties which is again stimulating growth of the vaccine carriers market. Furthermore, the rise in incidences of infectious diseases is further projected to foster growth of the market. According to the World Health Organization, nearly 50,000 men, women, and children are dying every day from infectious diseases.
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North America is expected to witness significant growth over the forecast period and this is attributed to the continuous launch of new and innovative storage devices in the region. For instance, in November 2020, Thermo King, by Trane Technologies, a global climate innovator based in the US, has expanded its portfolio of temporary storage solutions that can meet the unique requirements of global pharmaceutical companies developing COVID-19 vaccines.
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