Dublin, Jan. 07, 2025 (GLOBE NEWSWIRE) -- The "Cell & Gene Therapy Cold Chain Logistics Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.
Overall world revenue for Cell and Gene Therapy Cold Chain Logistics Market will surpass US$1,800 million in 2024
This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
High Cancer Prevalence is Propelling the Adoption of Cell and Gene Therapies
The global incidence of cancer has been rising steadily over the past decade, significantly influencing the adoption of advanced treatments like cell and gene therapies. This increase includes various cancers such as lymphoma, leukemia, myeloma, and melanoma, which affect critical bodily systems including the lymphatic system, lymph nodes, bone marrow, and blood cells. PAHO/WHO reported that in 2023, there were around 20 million new cancer cases.
Projections indicate a notable increase in the global cancer burden, with over 28 million new cases expected by 2040. In the U.S., Non-Hodgkin lymphoma alone accounts for more than 4% of all cancer cases, making it one of the most prevalent types. These statistics underscore the urgent need for innovative treatments. Cell and gene therapies, which have shown remarkable success and received regulatory approval, are increasingly seen as vital to addressing the unmet medical needs of cancer patients worldwide.
Inadequate Infrastructure for Cold Chain Logistics in Developing Nations Likely to Challenge Industry Growth
Access to cell and gene therapies in developing and remote regions is significantly restricted by inadequate cold chain logistics infrastructure. The reliability of refrigeration is often compromised by inconsistent power supplies, leading to a heightened risk of product spoilage. Transportation infrastructure in these regions also poses a major challenge, complicating the timely delivery of therapies and resulting in delays. Overcoming these logistical barriers requires strategic partnerships with local logistics providers, such as Riders for Health in Africa, to ensure effective distribution networks.
Furthermore, the shortage of trained personnel in cold chain management exacerbates these issues, emphasizing the need for specialized training programs. Collaborations between global organizations like the WHO and local authorities are essential to enhancing cold chain logistics capabilities. Such partnerships can significantly improve the infrastructure needed to support the widespread availability of cell and gene therapies, ultimately expanding access to these critical treatments in underserved regions.
Key Questions Answered
Forecasts to 2034 and other analyses reveal commercial prospects
Cell & Gene Therapy Cold Chain Logistics Market Dynamics
Market Driving Factors
Market Restraining Factors
Market Opportunities
Regulatory Framework
Emerging Markets and Megatrends
Porter's Five Forces Analysis
PEST Analysis
Leading companies profiled in the report
Segments Covered in the Report
Component
Services
Mode of Transport
Holding Temperature Range
End-users
North America
Europe
Asia Pacific
Latin America
MEA
or more information about this report visit https://www.researchandmarkets.com/r/akdd5s
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