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Medical Cold Chain Monitoring-Global Market Insights and Sales Trends 2024
Synopsis
Medical cold chain monitoring refers to the process of monitoring and ensuring the integrity and temperature control of temperature-sensitive medical products throughout their distribution and storage. This monitoring is crucial to maintain the efficacy, safety, and quality of medical products, such as vaccines, pharmaceuticals, biologics, and diagnostic specimens, that require specific temperature conditions for their stability.
The global Medical Cold Chain Monitoring market size is expected to reach US$ 3171.3 million by 2029, growing at a CAGR of 11.8% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Cold Chain Monitoring in various end use industries. The expanding demands from the Hospital, Pharmaceutical Factory, Biology Laboratory and Pharmacy, are propelling Medical Cold Chain Monitoring market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Cold Chain Monitoring, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Cold Chain Monitoring market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Cold Chain Monitoring market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Cold Chain Monitoring sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Cold Chain Monitoring covered in this report include Sensitech, Inc., ORBCOMM, Testo, Rotronic, ELPRO-BUCHS AG, Emerson, Nietzsche Enterprise, NXP Semiconductors NV and Signatrol, etc.
The global Medical Cold Chain Monitoring market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sensitech, Inc.
ORBCOMM
Testo
Rotronic
ELPRO-BUCHS AG
Emerson
Nietzsche Enterprise
NXP Semiconductors NV
Signatrol
Haier Biomedical
Monnit Corporation
Berlinger & Co AG
Cold Chain Technologies
LogTag Recorders Ltd
Omega
Dickson
ZeDA Instruments
Oceasoft
The IMC Group Ltd
Global Medical Cold Chain Monitoring market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Cold Chain Monitoring market, Segment by Type:
Hardware
Software
Global Medical Cold Chain Monitoring market, by Application
Hospital
Pharmaceutical Factory
Biology Laboratory
Pharmacy
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Cold Chain Monitoring companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Medical cold chain monitoring refers to the process of monitoring and ensuring the integrity and temperature control of temperature-sensitive medical products throughout their distribution and storage. This monitoring is crucial to maintain the efficacy, safety, and quality of medical products, such as vaccines, pharmaceuticals, biologics, and diagnostic specimens, that require specific temperature conditions for their stability.
The global Medical Cold Chain Monitoring market size is expected to reach US$ 3171.3 million by 2029, growing at a CAGR of 11.8% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Cold Chain Monitoring in various end use industries. The expanding demands from the Hospital, Pharmaceutical Factory, Biology Laboratory and Pharmacy, are propelling Medical Cold Chain Monitoring market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Cold Chain Monitoring, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Cold Chain Monitoring market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Cold Chain Monitoring market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Cold Chain Monitoring sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Cold Chain Monitoring covered in this report include Sensitech, Inc., ORBCOMM, Testo, Rotronic, ELPRO-BUCHS AG, Emerson, Nietzsche Enterprise, NXP Semiconductors NV and Signatrol, etc.
The global Medical Cold Chain Monitoring market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sensitech, Inc.
ORBCOMM
Testo
Rotronic
ELPRO-BUCHS AG
Emerson
Nietzsche Enterprise
NXP Semiconductors NV
Signatrol
Haier Biomedical
Monnit Corporation
Berlinger & Co AG
Cold Chain Technologies
LogTag Recorders Ltd
Omega
Dickson
ZeDA Instruments
Oceasoft
The IMC Group Ltd
Global Medical Cold Chain Monitoring market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Cold Chain Monitoring market, Segment by Type:
Hardware
Software
Global Medical Cold Chain Monitoring market, by Application
Hospital
Pharmaceutical Factory
Biology Laboratory
Pharmacy
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Cold Chain Monitoring companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Medical Cold Chain Monitoring
1.1 Medical Cold Chain Monitoring Market Overview
1.1.1 Medical Cold Chain Monitoring Product Scope
1.1.2 Medical Cold Chain Monitoring Market Status and Outlook
1.2 Global Medical Cold Chain Monitoring Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Medical Cold Chain Monitoring Market Size by Region (2018-2029)
1.4 Global Medical Cold Chain Monitoring Historic Market Size by Region (2018-2023)
1.5 Global Medical Cold Chain Monitoring Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Medical Cold Chain Monitoring Market Size (2018-2029)
1.6.1 North America Medical Cold Chain Monitoring Market Size (2018-2029)
1.6.2 Europe Medical Cold Chain Monitoring Market Size (2018-2029)
1.6.3 Asia-Pacific Medical Cold Chain Monitoring Market Size (2018-2029)
1.6.4 Latin America Medical Cold Chain Monitoring Market Size (2018-2029)
1.6.5 Middle East & Africa Medical Cold Chain Monitoring Market Size (2018-2029)
2 Medical Cold Chain Monitoring Market by Type
2.1 Introduction
2.1.1 Hardware
2.1.2 Software
2.2 Global Medical Cold Chain Monitoring Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Medical Cold Chain Monitoring Historic Market Size by Type (2018-2023)
2.2.2 Global Medical Cold Chain Monitoring Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Medical Cold Chain Monitoring Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Medical Cold Chain Monitoring Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Medical Cold Chain Monitoring Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Medical Cold Chain Monitoring Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Medical Cold Chain Monitoring Revenue Breakdown by Type (2018-2029)
3 Medical Cold Chain Monitoring Market Overview by Application
3.1 Introduction
3.1.1 Hospital
3.1.2 Pharmaceutical Factory
3.1.3 Biology Laboratory
3.1.4 Pharmacy
3.1.5 Others
3.2 Global Medical Cold Chain Monitoring Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Medical Cold Chain Monitoring Historic Market Size by Application (2018-2023)
3.2.2 Global Medical Cold Chain Monitoring Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Medical Cold Chain Monitoring Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Medical Cold Chain Monitoring Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Medical Cold Chain Monitoring Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Medical Cold Chain Monitoring Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Medical Cold Chain Monitoring Revenue Breakdown by Application (2018-2029)
4 Medical Cold Chain Monitoring Competition Analysis by Players
4.1 Global Medical Cold Chain Monitoring Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Medical Cold Chain Monitoring as of 2022)
4.3 Date of Key Players Enter into Medical Cold Chain Monitoring Market
4.4 Global Top Players Medical Cold Chain Monitoring Headquarters and Area Served
4.5 Key Players Medical Cold Chain Monitoring Product Solution and Service
4.6 Competitive Status
4.6.1 Medical Cold Chain Monitoring Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Sensitech, Inc.
5.1.1 Sensitech, Inc. Profile
5.1.2 Sensitech, Inc. Main Business
5.1.3 Sensitech, Inc. Medical Cold Chain Monitoring Products, Services and Solutions
5.1.4 Sensitech, Inc. Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.1.5 Sensitech, Inc. Recent Developments
5.2 ORBCOMM
5.2.1 ORBCOMM Profile
5.2.2 ORBCOMM Main Business
5.2.3 ORBCOMM Medical Cold Chain Monitoring Products, Services and Solutions
5.2.4 ORBCOMM Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.2.5 ORBCOMM Recent Developments
5.3 Testo
5.3.1 Testo Profile
5.3.2 Testo Main Business
5.3.3 Testo Medical Cold Chain Monitoring Products, Services and Solutions
5.3.4 Testo Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.3.5 Rotronic Recent Developments
5.4 Rotronic
5.4.1 Rotronic Profile
5.4.2 Rotronic Main Business
5.4.3 Rotronic Medical Cold Chain Monitoring Products, Services and Solutions
5.4.4 Rotronic Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.4.5 Rotronic Recent Developments
5.5 ELPRO-BUCHS AG
5.5.1 ELPRO-BUCHS AG Profile
5.5.2 ELPRO-BUCHS AG Main Business
5.5.3 ELPRO-BUCHS AG Medical Cold Chain Monitoring Products, Services and Solutions
5.5.4 ELPRO-BUCHS AG Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.5.5 ELPRO-BUCHS AG Recent Developments
5.6 Emerson
5.6.1 Emerson Profile
5.6.2 Emerson Main Business
5.6.3 Emerson Medical Cold Chain Monitoring Products, Services and Solutions
5.6.4 Emerson Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.6.5 Emerson Recent Developments
5.7 Nietzsche Enterprise
5.7.1 Nietzsche Enterprise Profile
5.7.2 Nietzsche Enterprise Main Business
5.7.3 Nietzsche Enterprise Medical Cold Chain Monitoring Products, Services and Solutions
5.7.4 Nietzsche Enterprise Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.7.5 Nietzsche Enterprise Recent Developments
5.8 NXP Semiconductors NV
5.8.1 NXP Semiconductors NV Profile
5.8.2 NXP Semiconductors NV Main Business
5.8.3 NXP Semiconductors NV Medical Cold Chain Monitoring Products, Services and Solutions
5.8.4 NXP Semiconductors NV Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.8.5 NXP Semiconductors NV Recent Developments
5.9 Signatrol
5.9.1 Signatrol Profile
5.9.2 Signatrol Main Business
5.9.3 Signatrol Medical Cold Chain Monitoring Products, Services and Solutions
5.9.4 Signatrol Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.9.5 Signatrol Recent Developments
5.10 Haier Biomedical
5.10.1 Haier Biomedical Profile
5.10.2 Haier Biomedical Main Business
5.10.3 Haier Biomedical Medical Cold Chain Monitoring Products, Services and Solutions
5.10.4 Haier Biomedical Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.10.5 Haier Biomedical Recent Developments
5.11 Monnit Corporation
5.11.1 Monnit Corporation Profile
5.11.2 Monnit Corporation Main Business
5.11.3 Monnit Corporation Medical Cold Chain Monitoring Products, Services and Solutions
5.11.4 Monnit Corporation Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.11.5 Monnit Corporation Recent Developments
5.12 Berlinger & Co AG
5.12.1 Berlinger & Co AG Profile
5.12.2 Berlinger & Co AG Main Business
5.12.3 Berlinger & Co AG Medical Cold Chain Monitoring Products, Services and Solutions
5.12.4 Berlinger & Co AG Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.12.5 Berlinger & Co AG Recent Developments
5.13 Cold Chain Technologies
5.13.1 Cold Chain Technologies Profile
5.13.2 Cold Chain Technologies Main Business
5.13.3 Cold Chain Technologies Medical Cold Chain Monitoring Products, Services and Solutions
5.13.4 Cold Chain Technologies Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.13.5 Cold Chain Technologies Recent Developments
5.14 LogTag Recorders Ltd
5.14.1 LogTag Recorders Ltd Profile
5.14.2 LogTag Recorders Ltd Main Business
5.14.3 LogTag Recorders Ltd Medical Cold Chain Monitoring Products, Services and Solutions
5.14.4 LogTag Recorders Ltd Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.14.5 LogTag Recorders Ltd Recent Developments
5.15 Omega
5.15.1 Omega Profile
5.15.2 Omega Main Business
5.15.3 Omega Medical Cold Chain Monitoring Products, Services and Solutions
5.15.4 Omega Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.15.5 Omega Recent Developments
5.16 Dickson
5.16.1 Dickson Profile
5.16.2 Dickson Main Business
5.16.3 Dickson Medical Cold Chain Monitoring Products, Services and Solutions
5.16.4 Dickson Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.16.5 Dickson Recent Developments
5.17 ZeDA Instruments
5.17.1 ZeDA Instruments Profile
5.17.2 ZeDA Instruments Main Business
5.17.3 ZeDA Instruments Medical Cold Chain Monitoring Products, Services and Solutions
5.17.4 ZeDA Instruments Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.17.5 ZeDA Instruments Recent Developments
5.18 Oceasoft
5.18.1 Oceasoft Profile
5.18.2 Oceasoft Main Business
5.18.3 Oceasoft Medical Cold Chain Monitoring Products, Services and Solutions
5.18.4 Oceasoft Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.18.5 Oceasoft Recent Developments
5.19 The IMC Group Ltd
5.19.1 The IMC Group Ltd Profile
5.19.2 The IMC Group Ltd Main Business
5.19.3 The IMC Group Ltd Medical Cold Chain Monitoring Products, Services and Solutions
5.19.4 The IMC Group Ltd Medical Cold Chain Monitoring Revenue (US$ Million) & (2018-2023)
5.19.5 The IMC Group Ltd Recent Developments
6 North America
6.1 North America Medical Cold Chain Monitoring Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Medical Cold Chain Monitoring Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Medical Cold Chain Monitoring Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Medical Cold Chain Monitoring Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Medical Cold Chain Monitoring Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Medical Cold Chain Monitoring Market Dynamics
11.1 Medical Cold Chain Monitoring Industry Trends
11.2 Medical Cold Chain Monitoring Market Drivers
11.3 Medical Cold Chain Monitoring Market Challenges
11.4 Medical Cold Chain Monitoring Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
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