Report ID: SQMIG35A2149
Vaccine Storage Equipment Market Size, Share, Growth Analysis, By Type(Refrigerated transportation, refrigerated storage), By Product(Refrigerator, Freezer, cold boxed), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2149 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
62 |
Figures:
75
Vaccine Storage Equipment Market Regional Insights
North America dominated the vaccine storage market and accounted for a revenue share of 45% in 2021. The main reasons driving the market in the region include rising public awareness of vaccination programmes, expanding vaccine research, an increase in the prevalence of infectious diseases, and the presence of several logistic providers in the area with years of experience.
Asia Pacific region is expected to grow faster during the forecast period and to register a higher CAGR during the forecast period due to rising government investments in the healthcare infrastructure in the region. Growth is also anticipated to be fueled by the increased attention that major players are paying to the Asia Pacific vaccine storage market. Saudi Arabia and China also present a number of prospects for industry participants. Additionally, it is anticipated that India immunisation programmes will significantly contribute to revenue generating over the forecast period. The key factor driving this market in the region is also the rise in communicable diseases.
Vaccine Storage Equipment Market Report Snapshots
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