Spain Cell & Gene Therapy Cold Chain Logistics Market to Grow with a CAGR of 11.72% through 2028
Infrastructure investments and industry
collaboration are expected to drive the Spain Cell & Gene
Therapy Cold Chain Logistics Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Spain Cell
& Gene Therapy Cold Chain Logistics Market –Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Spain Cell
& Gene Therapy Cold Chain Logistics Market stood at USD 59.33 million in
2022 and is anticipated to grow with a CAGR of 11.72% in the forecast period,
2024-2028. This can be attributed to increasing patient demand. As more cell
and gene therapies become available, the demand from patients is rising.
Patients are increasingly seeking these cutting-edge treatments, and the
logistics industry is adapting to meet their needs. Ensuring timely and secure
deliveries is a top priority, and this growing demand is a significant driver
of market growth.
Furthermore, biorepository services are becoming increasingly
important in the logistics market. These services involve the collection and
storage of biological samples and materials for research, clinical trials, and
therapy development. Logistics providers are expanding their capabilities in
this area to support the growth of the sector.
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In recent years, Spain has witnessed remarkable growth
in its cell and gene therapy sector, marking significant strides in the field
of advanced medical treatments. This success has been underpinned by a robust
and expanding cold chain logistics market tailored to the unique demands of
these innovative therapies. Several factors are contributing to the impressive
growth of the Spain Cell & Gene Therapy Cold Chain Logistics Market.
The Spain Cell & Gene Therapy Cold Chain Logistics
Market is segmented into component,
services offered, mode of transportation, holding temperature range, end user, regional
distribution, and company.
Based on its component, Cold Chain Management Systems are poised
to dominate the Spain Cell & Gene Therapy Cold Chain Logistics Market for
several compelling reasons. Firstly, the growth of the cell and gene therapy
sector in Spain is accelerating, with a surge in research and clinical trials.
This expansion necessitates a highly efficient and precise cold chain system to
ensure the safe and effective transportation of temperature-sensitive
biological materials. Cold Chain Management Systems offer advanced technologies
and rigorous monitoring capabilities, which are critical for maintaining
product integrity throughout the supply chain. Additionally, these systems can
enhance cost-effectiveness, reducing wastage and ensuring compliance with
stringent regulatory requirements. As the demand for cell and gene therapies in
Spain continues to rise, the adoption of Cold Chain Management Systems is set
to play a pivotal role in securing the success and growth of this dynamic
industry.
Based on mode of transportation, the Air Mode of
Transportation dominated the market in 2022 and is inevitable for several
compelling reasons. Firstly, the time-sensitive nature of cell and gene
therapies necessitates rapid and reliable transport solutions. Air
transportation offers unparalleled speed and connectivity, enabling timely
deliveries to remote regions and international destinations. Moreover, the
stringent temperature control requirements for these therapies demand precise
monitoring and maintenance, which can be efficiently achieved in the controlled
environments of cargo holds and specialized containers on aircraft.
Additionally, the ability of air transport to bypass potential ground
disruptions, such as traffic congestion and road closures, ensures consistent
and uninterrupted supply chain operations. As the demand for cell and gene
therapies continues to grow in Spain, the air mode of transportation is poised
to play a pivotal role in ensuring their accessibility, efficacy, and market
dominance.
Major companies operating in Spain Cell & Gene
Therapy Cold Chain Logistics Market are:
- United Parcel Service
- Catalent, Inc.
- Thermo Fisher Scientific
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“The Cell & Gene Therapy Cold Chain Logistics
Market in Spain is undergoing a period of remarkable transformation. Advanced monitoring
and tracking technologies, sustainability practices, specialized packaging
solutions, regulatory alignment, network expansion, integration into the
healthcare supply chain, personalized medicine, and biorepository services are
key trends that will shape the future of this market,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Spain Cell & Gene Therapy Cold Chain
Logistics Market By Component
(Cryogenic Shippers, Cryogenic Storage Freezers, Ultra Low Freezers, Cold Chain
Management Systems, Shipment and Storage Medium, Cryogenic Packout Kits, Others
{Shipment Containers, Reusable Boxes, etc.}), By Services Offered
(Transportation, Storage, Packaging), By Mode of Transportation (Air, Ground,
Water), By Holding Temperature Range (Cryogenic, Refrigerated, Ambient, Others
{Deep Freezers, Dry Ice, etc.}), By End User (Pharmaceutical &
Biotechnology Companies, Academic & Research Institutes, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Spain Cell & Gene Therapy Cold Chain
Logistics Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Spain Cell & Gene
Therapy Cold Chain Logistics Market.
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