Press Release

Feb, 14 2023

Increased Incidence of Chronic Disorders Drives the Demand for Global Medical Transport Boxes Market

Medical transport boxes are designed for the safe transport of medical specimens such as; medicines, vaccines, blood, organ, medical waste, medical devices, and test specimens, among others. The medical transport boxes can be plastic, metal or corrugated boxes, depending on the type of specimen to be carried. The boxes should be leak-proof, easy to clean, capable of being closed securely, rigid and robust. Vaccine transport boxes are designed to ensure the safety of valuable vaccines & medicines during transit. They are most commonly used in health centers, vaccination campaigns, hospitals, research centers, research labs and ambulatory surgical centers to safely move thermosensitive vaccines & other pharmaceutical products while upholding the necessary storage conditions. The main benefits of this Transport Box are the product's resilience, the extended fridge life for long temperature-controlled transportation, and the eco-friendly insulation for ultimate coverage against temperature variations. Similarly, blood transport boxes are medical devices intended for the safe transport of blood and other blood components (e.g., blood cells, plasma, and platelets) in a temperature-controlled and secure environment.

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Data Bridge Market Research analyses that the Medical Transport Boxes Market is expected to grow at a CAGR of 6.6% in the forecast period of 2023 to 2030 and is expected to reach USD 462.05 million by 2030. The traditional medical boxes segment is projected to propel the growth of the market as they are widely used for the transport of medical supplies.

Key Findings of the Study

Medical Transport Boxes Market

Increased incidence of chronic disorders leading to organ transplantation is expected to drive the market's growth rate

The increased prevalence of chronic diseases due to the rapidly increasing population and infections can be seen. Individual risk factors, environmental factors, lack of physical activities, and human lifestyles are the major factors that are propelling rising incidences of diseases. This causes an increased demand for medical supplies, which further fuels the demand for medical transport boxes.

The blood, organs and other biological specimens are required to be transported to end-users’ locations, which require the use of specialized transport and storage boxes and cases. Thus, it can be concluded that the increased incidence of chronic diseases and the need for transportation of blood, organs, and other biological specimens is boosting the market growth of the medical transport boxes market.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2020-2016)

Quantitative Units

Revenue in Million, Pricing in USD

Segments Covered

By Product Type (Traditional Medical Boxes and Cold Storage Medical Boxes), By Material (Plastic, Metal, and Corrugated Boxes), By Application (Medicines, Test Specimen, Vaccines, Blood, Organ, Medical Devices, Medical Waste, and Others), By Design (Regular Boxes and Custom Boxes), By End User (Diagnostic Laboratories, Blood Banks, Hospitals and Clinics, Ambulatory Surgical Centers, Academic and Research Institutes, and Others), By Distribution Channel (Direct Tender, Retail Sales, and Others)

Countries Covered

 (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, and Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific, Brazil, Argentina & Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, and Rest of Middle East and Africa).

Market Players Covered

Thermo Fisher Scientific Inc., SARSTEDT AG & Co. KG, Greiner Bio-One International GmbH, TRANSPAK, INC, B medical systems, Avantor, Inc., Orlando Products Inc., BWAY Corporation, Cold Chain Technologies, Shuttlepac Ltd, Sonoco Products Company, AOV International LLP, The Yebo Group, Summit Medical LLC, Inspired Technology, Heathrow Scientific, Gima S.p.A. Via Marconi, LABCOLD, Leff International, Apex International, Badu (Xiamen) Technology Co. Ltd, Medicus Health, Star Industrial, Polar Thermal, and BLOWKINGS India.

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Segment Analysis:

The medical transport boxes market is segmented on the basis of product type, material, application, design, end user, and distribution channel.  

  • On the basis of product type, the medical transport boxes market is classified into traditional medical boxes and cold storage medical boxes. In 2022, the traditional medical boxes segment was expected to dominate the medical transport boxes market with 60.63% market share due to the increasing incidence of chronic diseases and increasing healthcare spending

In 2022, the traditional medical boxes segment of product type segment was anticipated to dominate the medical transport boxes market

In 2022, the traditional medical boxes segment of this market will dominate the medical transport boxes market owing to the increasing incidence of chronic diseases and increasing healthcare expenditure and disposable income. The traditional medical boxes segment is expected to reach the highest CAGR of 6.8% in the forecast period of 2023-2030.

  • On the basis of material, the global medical transport boxes market is segmented into plastic, corrugated boxes, and metal. In 2022, Plastic was expected to dominate the market with 51.01% market share due to the rising convenience and improved transportation facilities for fragile and other medical supplies.
  • On the basis of application, the global medical transport boxes market is segmented into medicines, vaccines, test specimens, blood, medical devices, organ, medical waste, and others.

In 2022, the medicines segment was expected to dominate the market with 29.38% market share due to the increasing healthcare expenditure and disposable income. 

  • On the basis of design, the global medical transport boxes market is segmented into regular boxes, and custom boxes. In 2022, the regular boxes segment was expected staged to dominate the market with 64.78% market share due to rising healthcare spending.
  • On the basis of end users, the global medical transport boxes market is segmented into diagnostic laboratories, hospitals and clinics, blood banks, ambulatory surgical centers, academic and research institutes and others. The diagnostic laboratories segment is expected to dominate the market with 30.98% market share due to the increasing incidence of chronic diseases leading to organ transplants as well as rising healthcare spending over the past few years.
  • On the basis of distribution channels, the global medical transport boxes market is segmented into direct tender, retail sales and others. The direct tender segment is expected to dominate the market with 52.07% market share due to the increasing incidence of chronic diseases leading to organ transplants as well as rising healthcare spending over the past few years.

Major Players

Data Bridge Market Research recognizes the following companies as the major medical transport boxes market players in medical transport boxes market are Thermo Fisher Scientific Inc., SARSTEDT AG & Co. KG, Greiner Bio-One International GmbH, TRANSPAK, INC, B medical systems, Avantor, Inc., Orlando Products Inc., BWAY Corporation, Cold Chain Technologies, Shuttlepac Ltd, Sonoco Products Company, AOV International LLP, The Yebo Group, Summit Medical LLC, Inspired Technology, Heathrow Scientific, Gima S.p.A. Via Marconi, LABCOLD, Leff International, Apex International, Badu (Xiamen) Technology Co. Ltd, Medicus Health, Star Industrial, Polar Thermal, and BLOWKINGS India.

Market Development

  • In January 2023, Avantor Inc. and Catalent, Inc. have entered into a multi-year supply and services agreement which has helped the company to be established globally.
  • In October, the Innova Medical Group inaugurated its first rapid antigen test production line in France, in Pithiviers, Loiret. The company believes this will help in its business expansion and in the economic development of the Centre-Val de Loire region.
  • In October, D.R. Macleod added the first carrier transicold vector, 19 MT units, to help reduce fleet emissions and noise.
  • In October 2022, Sonoco Products Company has announced that Sonoco ThermoSafe, a unit of Sonoco, one of the largest global providers of temperature assurance cold chain packaging, is expanding its Orion Rental packaging program in Europe, adding an additional reclamation service station in Brussels.
  • In October, the Innova Medical Group inaugurated its first rapid antigen test production line in France, in Pithiviers, Loiret. The company believes this will help in its business expansion and in the economic development of the Centre-Val de Loire region.

Regional Analysis

Geographically, the countries covered in the medical transport boxes market report are U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, and Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific, Brazil, Argentina & Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, and Rest of Middle East and Africa

As per Data Bridge Market Research analysis:

North America is the dominant region in the medical transport boxes market during the forecast period 2023 - 2030

  • In 2022, North America dominated the medical transport boxes market owing to the higher level of investments by U.S. manufacturers and the increasing incidence of chronic diseases in the U.S.  North America will continue to dominate the medical transport boxes market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the growing adoption of advanced technology and the launch of new products in this region. Additionally, the increasing healthcare expenditure is expected to further enhance the market's growth rate in this region. 

North America is estimated to be the fastest growing region in the medical transport boxes market for the forecast period 2023 - 2030

North America is expected to grow during the forecast period due to the presence of major market players and the rapid development of medical facilities in emerging economies in this region. In addition to this, the rising level of healthcare expenditure and increasing per-capita income are expected to propel the market's growth rate in this region.

COVID-19 Impact Analysis

The outbreak of COVID-19 largely impacted the healthcare industry. The advanced wound care market was, however, adversely affected by it.  The imposition of the lockdown and social distancing restrictions by the government to curb the COVID-19 pandemic outbreak led to the emergence of various challenges such as the denied diagnostics centers, cancelled or postponed diagnostic treatment, stifling business growth, suspensions of new developments and even increasing cases in COVID-19 medical care providers, further limiting the industry's expansion. As the admission of COVID-19 patients in hospitals increased, numerous cancer diagnostics were canceled or postponed to reserve hospital beds and patient care staff for COVID-19 patient care. Developing and implementing contingency plans is highly crucial for business operations and key imported raw materials.

On the brighter side, there has been a decline in COVID-19 patients worldwide, which will result in increased cancer care services. Moreover, the restrictions and measures are likely to relax, which will help the market to witness a slight increment as the manufacturers focus on various developments and innovations, market trends, and other expansion strategies. Thus, the medical transport boxes market will grow at an accelerated pace post COVID-19.

For more detailed information about the transport cases and boxes market report, click here – https://www.databridgemarketresearch.com/reports/global-transport-cases-and-boxes-market


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