Global healthcare cold chain market to reach $13.4 billion

An increase demand for a certain type of product is driving the growth, according to a new report.

The total size of the healthcare cold chain logistic services market is expected to expand from its current state of $8.5 billion to nearly $13.4 billion by 2020, according to a new study from IMARC.

Titled, "Global Healthcare Cold Chain Logistics Market Report & Forecast (2016-2020)," the report attributes the increase to the strong growth in the sales of temperature sensitive healthcare products.

The study, that has been undertaken using both desk based and qualitative primary market research, analyzed three key aspects of the global healthcare cold chain logistics market.

They are the global healthcare cold chain distribution process and logistic requirements, the quantification of the global healthcare cold chain logistic services market and a comprehensive evaluation of its various segments, and the quantification of the global market for temperature sensitive healthcare products into three major classes and evaluation of the current and future opportunities in each of these classes.

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