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The global cell and gene therapy cold chain logistics market was valued at USD 1.85 billion in 2023, driven by the increasing adoption of cell and gene therapies and advancements across the globe. The market is anticipated to grow at a CAGR of 15.6% during the forecast period of 2024-2032 to achieve a value of USD 6.81 billion by 2032.
Cell and Gene Therapy Cold Chain Logistics Market Size
Cell and Gene Therapy Cold Chain Logistics Market Analysis
Cell and Gene Therapy Cold Chain Logistics Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of about USD 1.85 billion in 2023, driven by the increasing advancements in regenerative medicine.
The market is anticipated to grow at a CAGR of 15.6% during the forecast period of 2024-2032 and reach a market value of USD 6.81 billion by 2032.
The rising advancement in regenerative medicine and increased adoption of cell and gene therapies across the globe are some of the major factors aiding the global market growth.
The increasing adoption of cell and gene therapies is a key trend in the market.
The different type of components in the market are cryogenic shippers, cryogenic storage freezers, ultra-low freezers, cold chain management systems, shipment and storage medium, and cryogenic pack out kits, among others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is a major regional market.
The services offered in the market can be categorized into transportation, storage, and packaging.
The modes of transportation can be categorized into air, ground, and water.
The holding temperature range can be divided into cryogenic, refrigerated, and ambient, among others.
The end-users in the market include pharmaceutical and biotechnology companies, and academic and research institutes, among others.
Key players included in the market are BioLife Solutions, Inc., United Parcel Service (Marken), AmerisourceBergen Corporation (World Courier), Catalent, Inc., Atelerix Ltd., Cryoport, Inc., Biostor Ltd., Thermo Fisher Scientific Inc., Life Science Group Ltd (LSG), Yourway Biopharma Services Company, Bertelsmann SE & Co. KGaA (Arvato Supply Chain Solutions), and Be The Match BioTherapies.
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