The global vaccine storage & packaging market size is expected to reach USD 43.8 billion by 2027 according to a new study by Polaris Market Research. The report “Vaccine Storage & Packaging Market Share, Size, Trends, Industry Analysis Report, By Type (Storage [Storage Equipment (Refrigerator, Freezer, Others), Service (Warehouse Storage, Transportation)], Packaging [By Packaging Material (Vaccine Bags, Vials, Ampoules, Corrugated boxes, Others), By Packaging Level (Primary, Secondary, Tertiary)]; By End-Use (Retailers, Forwarding & Clearing Agents, Distributors and Others); By Regions; Segment Forecast, 2020-2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Vaccines are being stored in its original packaging with lids enclosed in separate containers until it is ready for administration to protect it from the light and to provide additional thermal protection. Vaccine storage equipment is the laboratory equipment utilized to maintain and preserve the life of vaccines in the desired condition. It also helps to prevent vaccines from degradation.
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Vaccine storage equipment provides storage at varying temperatures ranging from 86 to 65 degree Celsius. Also, it is available in various capacities as per the necessities of an end-user. Moreover, vaccine storage equipment has a huge application in medical laboratories, biotechnology companies, pharmacy stores, blood banks, hospitals & other health care institutes.
Recent developments in the market include the launch of Solar Vaccine Refrigerator (SDD refrigerators) and Radio Frequency Identification (RFID) Refrigerators. The advanced refrigerators & freezers help in temperature regulation along with the preservation of vaccines.
The growing government venture on vaccination programs will offer lucrative opportunities for the growth of the global market. The issues including in-house storage and packaging abilities and budget barriers faced by biopharmaceutical organizations, government centers, and academic institutions are estimated to drive the development of the global market. However, technological developments in refrigerators and freezers utilized for vaccine storage and transportation will further fuel the market growth.
Market participants such as Lineage Logistics, DB Schenker, AmerisourceBergen, DHL, Thermo Fischer Scientific, Cardinal Logistics, McKesson; Panasonic Healthcare co., LTD., Arctiko A/S, American Biotech Supply, NIPRO are some of the key players operating in the global market.
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The global vaccine storage & packaging market size is expected to reach USD 43.8 billion by 2027 according to a new study by Polaris Market Research.
The report “Vaccine Storage & Packaging Market Share, Size, Trends, Industry Analysis Report, By Type (Storage [Storage Equipment (Refrigerator, Freezer, Others), Service (Warehouse Storage, Transportation)], Packaging [By Packaging Material (Vaccine Bags, Vials, Ampoules, Corrugated boxes, Others), By Packaging Level (Primary, Secondary, Tertiary)]; By End-Use (Retailers, Forwarding & Clearing Agents, Distributors and Others); By Regions; Segment Forecast, 2020-2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Vaccines are being stored in its original packaging with lids enclosed in separate containers until it is ready for administration to protect it from the light and to provide additional thermal protection.
It also helps to prevent vaccines from degradation.
Moreover, vaccine storage equipment has a huge application in medical laboratories, biotechnology companies, pharmacy stores, blood banks, hospitals & other health care institutes.
Recent developments in the market include the launch of Solar Vaccine Refrigerator (SDD refrigerators) and Radio Frequency Identification (RFID) Refrigerators.
The global vaccine storage & packaging market size is expected to reach USD 43.8 billion by 2027 according to a new study by Polaris Market Research.
The report “Vaccine Storage & Packaging Market Share, Size, Trends, Industry Analysis Report, By Type (Storage [Storage Equipment (Refrigerator, Freezer, Others), Service (Warehouse Storage, Transportation)], Packaging [By Packaging Material (Vaccine Bags, Vials, Ampoules, Corrugated boxes, Others), By Packaging Level (Primary, Secondary, Tertiary)]; By End-Use (Retailers, Forwarding & Clearing Agents, Distributors and Others); By Regions; Segment Forecast, 2020-2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
It also helps to prevent vaccines from degradation.
Moreover, vaccine storage equipment has a huge application in medical laboratories, biotechnology companies, pharmacy stores, blood banks, hospitals & other health care institutes.
The growing government venture on vaccination programs will offer lucrative opportunities for the growth of the global market.
The issues including in-house storage and packaging abilities and budget barriers faced by biopharmaceutical organizations, government centers, and academic institutions are estimated to drive the development of the global market.
New York, NY 16 Feb 21: The global beta carotene market is anticipated to reach USD 618.94 million by 2026 and is anticipated to grow at a CAGR of 3.8 % from 2018 to 2026.
In the cosmetics and personal care product manufacturing sector, it is used in development of novel formulations for aftershave lotions, cleansing products, bath products, suntan products, shampoo, makeup, skin care products, shampoos and hair conditioners.
New technology & product innovations such as OxC-beta livestock and Golden rice especially in developing and emerging countries are anticipated to support new players in the market.
Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/beta-carotene-market/request-for-sample The beta-carotene industry is fragmented market space.
Many international companies are trying to merge or acquire the regional players to increase their market share, product portfolio, and regional presence.
Globally, the companies are focusing on developing new technologies to achieve product differentiation.
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New York, NY 13 May 2021: According to a new research published by Polaris Market Research the global nanosatellite and microsatellite market is anticipated to reach over USD 6,111.8 million by 2026.
In 2017, the nano satellite segment dominated the global market, in terms of revenue.
Nano satellites are used in civil, government, defense, and commercial sectors for earth observation and telecommunication applications.
Organizations are increasingly adopting nano and micro satellites for technology demonstration, and scientific research and experimentation.
CubeSats are developed to standard dimensions (Units or “U”) of 10x10x11.
They can be 1U, 2U, 3U, or 6U in size, and typically weigh less than 1.33 kg (3 lbs) per U. CubeSats are widely used by academia and research, and would constitute around 30% of total nano satellite market during the forecast period.
