Vaccine Storage Equipment Market Size, Share, Sales, Analysis, Forecast By Product Type (Refrigerators, Freezer and Other Equipment), By Buyer (Distributors, Retailers, Logistics Service Providers), Industry Competition & Player Profiles, 2023 - 2032
Vaccine Storage Equipment Market generated revenue of US$ 900 Million in 2019. Increased prevalence of infectious diseases and efforts to spread immunization has sustained the demand for vaccines worldwide. Vaccines help in preventing the occurrence of infectious diseases hence, avoid an epidemic situation. The World Health Organization (WHO) has been striving hard to spread immunization at a global level. The scientists and microbiologists invest crucial resources in developing a vaccine. The storage of vaccines is too important to be ignored.
The vaccine storage equipment are manufactured with a cause of delivering the vaccines to the right location for the right purpose. The Center for Disease Control (CDC) has chalked out a guideline for the storage and handling of vaccine. It is important for all the ecosystem participants to abide by the guidelines. The recommended way of storing and transporting vaccines is through medical grade refrigerators and freezers. It is necessary to maintain the potency of vaccines. Loss of potency of vaccine due to any reason could have devastating effects on the population.
The vaccine storage equipment play an important role in preserving the potency of vaccines. It is needless to state that vaccines for infants require additional care. The manufacturers of vaccine storage equipment keep innovating products for example, introduction of physical and password protection for security of vaccines, launch of Solar Direct Drive (SDD) refrigerators, integration of RFID technology and so on.
The manufacturers of vaccine storage equipment are dedicatedly investing resources in Research & Development activities for meeting the requirements of the buyers. Medical grade refrigerators and freezers are the two broad product categories of vaccine storage equipment. Both the categories experience healthy demand across buyers.
A high demand comes from distributors since they are an important link between the manufacturers and end users. There is an expected surge in demand for vaccine storage equipment in 2021 owing to the storage and transportation of COVID-19 vaccine at global level. The sudden escalation in demand will certainly subside post 2021 however, the vaccine storage equipment market will continue to grow at a steady rate throughout the forecast period.
Europe contributed a dominating share to the global Vaccine Storage Equipment Market in terms of value and volume in 2019 and is expected to be a dominating geography throughout the forecast period. Increased number of infectious diseases spreading across the globe and dedicated efforts made for immunization are accelerating the sale of vaccine storage equipment. The presence of leading logistics service providers is an important reason for high revenue generation of vaccine storage equipment across Europe. South Africa and South Asian countries are expected to contribute evidently to generating revenue for vaccine storage equipment market through the forecast period.
Vaccine Storage Equipment Market Value Share Analysis, by Geography (2022)
The report titled “Vaccine Storage Equipment Market- Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global Vaccine Storage Equipment Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Vaccine Storage Equipment Market is segmented on the basis of Product type, buyer and geography. Based on product type, the global Vaccine Storage Equipment Market is segmented into Refrigerators, Freezers and other equipment. Based on buyer the global Vaccine Storage Equipment Market is segmented into Distributors, Retailers, Logistics Service Providers and others. Based on geography, the global Vaccine Storage Equipment Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, , Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on vaccine storage equipment. Further, market share of prominent companies in the global Vaccine Storage Equipment Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the vaccine storage equipment manufacturers. The global Vaccine Storage Equipment Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the vaccine storage equipment business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global Vaccine Storage Equipment Market.
Major players active in the global Vaccine Storage Equipment Market include American Biotech Supply, Arctiko, Eppendorf , EVERmed Srl , QINGDAO HAIER BIOMEDICAL CO., LTD. , Helmer Scientific Inc. , Philipp Kirsch GmbH , Labcold , Panasonic Healthcare, Thermo Fisher Scientific and Dulas Ltd.
Segmentation:
By Product type:
- Refrigerator
- Freezer
- Other equipment
By Buyer:
- Distributors
- Retailers
- Logistics Service Providers
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Vaccine Storage Equipment Market
- Global Vaccine Storage Equipment Market Qualitative Analysis
- Ecosystem Analysis
- Role of participants
- Integration scenario
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- Regulatory framework
- COVID-19 impact
- Anticipated shift in demand (2020 – 2025)
- Future growth path
- Production planning by existing active players
- New product launches
- Ecosystem Analysis
- Global Vaccine Storage Equipment Market Analysis and Forecast, by Product Type
- Overview and definitions
- Key segment analysis
- Global Vaccine Storage Equipment Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Refrigerators
- Freezers
- Other Equipment
- Global Vaccine Storage Equipment Market Analysis and Forecast, by Application
- Overview and definitions
- Key segment analysis
- Global Vaccine Storage Equipment Market Estimates (US$ Mn), by Application, 2019 – 2032
- Storage
- Transportation
- Global Vaccine Storage Equipment Market Analysis and Forecast, by Buyer
- Overview and definitions
- Key segment analysis
- Global Vaccine Storage Equipment Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Pharmaceutical Companies
- Distributors
- Retailers
- Logistics Service Providers
- Global Vaccine Storage Equipment Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Vaccine Storage Equipment Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Vaccine Storage Equipment Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Vaccine Storage Equipment Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Refrigerators
- Freezers
- Other Equipment
- North America Vaccine Storage Equipment Market Estimates (US$ Mn), by Application, 2019 – 2032
- Storage
- Transportation
- North America Vaccine Storage Equipment Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Pharmaceutical Companies
- Distributors
- Retailers
- Logistics Service Providers
- North America Vaccine Storage Equipment Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Vaccine Storage Equipment Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Vaccine Storage Equipment Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Refrigerators
- Freezers
- Other Equipment
- Europe Vaccine Storage Equipment Market Estimates (US$ Mn), by Application, 2019 – 2032
- Storage
- Transportation
- Europe Vaccine Storage Equipment Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Pharmaceutical Companies
- Distributors
- Retailers
- Logistics Service Providers
- Europe Vaccine Storage Equipment Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific Vaccine Storage Equipment Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Vaccine Storage Equipment Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Refrigerators
- Freezers
- Other Equipment
- Asia Pacific Vaccine Storage Equipment Market Estimates (US$ Mn), by Application, 2019 – 2032
- Storage
- Transportation
- Asia Pacific Vaccine Storage Equipment Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Pharmaceutical Companies
- Distributors
- Retailers
- Logistics Service Providers
- Asia Pacific Vaccine Storage Equipment Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa Vaccine Storage Equipment Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Vaccine Storage Equipment Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Refrigerators
- Freezers
- Other Equipment
- Middle East & Africa Vaccine Storage Equipment Market Estimates (US$ Mn), by Application, 2019 – 2032
- Storage
- Transportation
- Middle East & Africa Vaccine Storage Equipment Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Pharmaceutical Companies
- Distributors
- Retailers
- Logistics Service Providers
- Middle East & Africa Vaccine Storage Equipment Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- UAE
- Rest of Middle East
- South America Vaccine Storage Equipment Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Vaccine Storage Equipment Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Refrigerators
- Freezers
- Other Equipment
- South America Vaccine Storage Equipment Market Estimates (US$ Mn), by Application, 2019 – 2032
- Storage
- Transportation
- South America Vaccine Storage Equipment Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Pharmaceutical Companies
- Distributors
- Retailers
- Logistics Service Providers
- South America Vaccine Storage Equipment Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Vaccine Storage Equipment Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- American Biotech Supply
- Business overview
- Geographic presence
- Product portfolio
- Financial facts
- Channel partners
- Relevant news and strategic view
- Arctiko S/A
- Eppendorf AG
- Trane Technologies
- EVERmed Srl
- QINGDAO HAIER BIOMEDICAL CO., LTD.
- Helmer Scientific Inc.
- Philipp Kirsch GmbH
- Labcold
- Panasonic Healthcare
- Thermo Fisher Scientific
- Dulas Ltd.
- American Biotech Supply
- Conclusion & Recommendations
Frequently asked questions about this report
What are the factors driving the vaccine storage equipment market?
Increased prevalence of infectious diseases and efforts to spread immunization has sustained the demand for vaccine storage equipment worldwide.
What is the time duration considered while assessing the market?
The vaccine storage equipment analysis market has been assessed for the years 2019 to 2032.
What are the key buyer of the vaccine storage equipment market?
Based on buyer, the vaccine storage equipment market is segmented into Distributors, Retailers and Logistics Service Providers.
Which are leading players in the vaccine storage equipment market?
Major participants in the vaccine storage equipment industry comprise American Biotech Supply, Arctiko, Eppendorf , EVERmed Srl , QINGDAO HAIER BIOMEDICAL CO., LTD. , Helmer Scientific Inc. , Philipp Kirsch GmbH , Labcold , Panasonic Healthcare, Thermo Fisher Scientific and Dulas Ltd.