Cold Chain Risks And How To Mitigate Them
An aging world population and the introduction of biotechnology-derived large molecules – requiring refrigerated storage handling at 2-8° – combined with expanding global market penetration has lead to notable growth in the size of healthcare cold chain logistics market. In fact, the global healthcare cold chain logistics market size is expected to grow from $8 billion (2014) to $11 billion by 2018, a third of which is expected to be dedicated to the area temperature-controlled packaging and service solutions.
Although the industry is growing, that’s doesn’t mean it’s without challenges. As emerging markets – all with long, complex shipping lanes requiring more stringent temperature control and monitoring measures to ensure product safety – become more prominent, managing risk has attracted more aggressive regulations.
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