How to mitigate cold chain risks in today’s global healthcare market
The global healthcare cold chain logistics market size is expected to grow from $8 billion (2014) to $11 billion by 2018 with a third of that in the temperature-controlled packaging and service solutions arena. Although the industry is growing, that’s doesn’t mean it’s without challenges.
A big contributor in volume growth will continue to be an increasingly aging world population and the introduction of biotechnology-derived large molecules requiring refrigerated storage handling at 2- to 8-degrees C.
We’re seeing all of this, combined with expanding global market penetration. Emerging markets include Asia, India, China and South America—all with long, complex shipping lanes requiring more stringent temperature control and monitoring measures to ensure product safety.
Source: Pelican BioThermal / Packaging Digest