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Demand for Temperature-Sensitive Pharmaceuticals Will Expand the Healthcare Cold Chain Logistics Market by 2019

Reportstack has announced a new market research report on the Global Healthcare Cold Chain Logistics Market, which is expected to grow at a CAGR of 13.31 percent from 2014-2019. Developing economies are witnessing an increased demand for generic pharmaceutical products. This scenario has created a pressing need for temperature-sensitive healthcare transportation with the use of temperature tags on products.

“Recently, there’s been an increase in the demand for temperature-sensitive pharmaceuticals, and this is expected to propel the demand for cold chain logistics in the coming years,”.

Healthcare products such as vaccines and blood plasma products, frozen pharmaceuticals and insulin require specific temperatures to be maintained throughout storage and transportation.

Increased investment in cost-effective technologies in developing markets, especially India, is motivating vendors to enter this region.

There’s been an increase in healthcare infrastructure and investment in technologies to match these requirements. Additionally, there has been an emergence of transport vehicles equipped with event logging and electronic monitoring systems, which has contributed to enhancing the healthcare supply chain process.

Complete report with TOC available @ Global Healthcare Cold Chain Logistics Market 2015-2019.