Report Code: A13028 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Vaccine Storage And Packaging Market
Request Now !Vaccine storage and packaging refer to various laboratory devices and equipment used to preserve, store and transport vaccines. Some of the commonly used vaccine storage equipment includes refrigerators and freezers that store vaccine vials, ampoules, and corrugated boxes. The vaccines are packed and stored in individual containers and bundled together in cold boxes and carriers under cold chain facilities that regulate and maintain the desired internal temperature for ensuring safe transportation of the product. As a result, they find extensive applications across blood banks, hospitals, laboratories, pharmacies, and other healthcare centres.
Market Scope and Structure Analysis
Sudden outbreak of the COVID-19 pandemic has led to the augmenting demand for efficient vaccines to combat the risk of coronavirus infection, thereby propelling the growth of the vaccine storage and packaging solutions market. Rapid surge in demand for vaccine, owing to increase in population being infected by the COVID-19 virus coupled with the significant growth in the global population are driving the growth of the global vaccine storage & packaging market.
The pandemic has had a huge impact on the global economy, and the vaccine for the infection is essential to retain normalcy in the global economy. In 2020, numerous countries across the world were under lockdown for extensive period of time. By the end of 2020, some countries are locked down to safeguard themselves from the second wave of the infection. The increasing prevalence of various viral infections and immunological disorders along with the growing awareness towards early diagnosis and prevention of such diseases, are some of the factors driving the global vaccine storage and packaging market.
COVID-19 Impact analysis
Top Impacting Factors
Proper vaccine storage and handling practices play a very important role in protecting individuals and communities from vaccine-preventable diseases. Vaccine quality is the shared responsibility of everyone involved, from the time vaccine is manufactured until it is administered. The market is anticipated to be driven by technological advancements such as SDD refrigerators and RFIDs in the industry. Most of the leading companies have made significant investments in R&D to address the unmet medical needs in the storage and packaging of vaccines in health care facilities. Moreover, rise in e awreness about early disease diagnosis and prevention and increase in incidence of infectious diseases fosters the demand for protective vaccines drive the growth of the vaccine storage and packaging market.
Market Trends
Key Benefits of the Report
Questions answered in the Vaccine Storage and Packaging Market Report
Vaccine Storage and Packaging Market Report Highlights
Aspects | Details |
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By Storage type |
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By Packaging type |
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By End-user |
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By Region |
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Key Market Players | Schott AG, Sgd s.a., Nipro company, Gerresheimer AG, Schott AGr, West pharmaceutical services, Inc., Catalent, Inc., Stevanato team, Corning Incorporated, AptarGroup Inc., |
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