Vaccine Storage Equipment Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

By: HDIN Research Published: 2025-05-18 Pages: 99
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Vaccine Storage Equipment Market Summary
Introduction
Vaccine storage equipment, encompassing ice-lined refrigerators (ILRs), deep freezers (DFs), cold boxes, vaccine carriers, solar-powered refrigerators, and other specialized units, is critical for maintaining vaccine efficacy through precise temperature control. These devices ensure vaccines remain potent from production to administration, addressing global immunization needs. The market is propelled by rising vaccine coverage, the expansion of mRNA vaccines requiring ultra-low temperature storage, and the push for equitable vaccine access in low-resource settings. Technological advancements, such as solar-powered solutions and IoT-enabled monitoring, enhance reliability and accessibility. The global vaccine storage equipment market is projected to reach between USD 450 million and USD 800 million in 2025, with a compound annual growth rate (CAGR) of 5.1% to 8.7% through 2030.

Regional Analysis
 North America: The U.S. dominates due to robust healthcare infrastructure and widespread vaccination programs, with Canada emphasizing portable cold chain solutions for remote areas.
 Europe: Germany, France, and the UK lead with investments in advanced cold chain logistics and regulatory support for vaccine distribution.
 Asia Pacific: India and China drive growth through large-scale immunization campaigns and increasing adoption of solar-powered equipment, while Japan focuses on high-tech storage solutions.
 Rest of the World: Brazil expands cold chain networks for tropical disease vaccines, and African nations prioritize solar-powered refrigerators to overcome electricity challenges.

Application Analysis
 Hospitals and Clinics: Expected growth of 5.0%-8.5%, driven by routine and emergency vaccination programs. Trends focus on integrating ultra-low temperature freezers for mRNA vaccines.
 Biopharma Companies: Projected growth of 5.2%-8.7%, linked to vaccine development and storage needs. Developments emphasize IoT-enabled monitoring for real-time quality control.
 Vaccination Centers: Anticipated growth of 5.1%-8.6%, tied to mass immunization campaigns. Advances prioritize portable cold boxes for outreach programs.
 Government Health Departments: Expected growth of 5.3%-8.8%, driven by national immunization goals. Trends highlight solar-powered solutions for rural areas.
 Others: Projected growth of 4.9%-8.4%, covering research institutes and NGOs. Innovations focus on lightweight, durable vaccine carriers.

Type Analysis
 Ice-Lined Refrigerators (ILRs): Expected growth of 5.1%-8.6%, valued for maintaining 2°C to 8°C for routine vaccines. Trends highlight energy-efficient designs.
 Deep Freezers (DFs): Projected growth of 5.3%-8.8%, driven by ultra-low temperature needs for mRNA vaccines. Advances focus on compact, high-capacity units.
 Cold Boxes: Anticipated growth of 5.0%-8.5%, linked to vaccine transport in remote areas. Trends emphasize lightweight, long-lasting insulation.
 Vaccine Carriers: Expected growth of 4.9%-8.4%, driven by last-mile delivery needs. Developments prioritize ergonomic designs. Solar-Powered Refrigerators:
 Projected growth of 5.4%-8.9%, spurred by demand in off-grid regions. Innovations like Vestfrost VLS 400 enhance reliability.
 Others: Expected growth of 4.8%-8.3%, covering specialized units. Trends focus on IoT integration for remote monitoring.

Key Market Players
 Thermo Fisher Scientific offers advanced ultra-low temperature freezers for mRNA vaccine storage.
 Azenta specializes in cold chain solutions for biopharma.
 Eppendorf provides compact freezers for research and clinical settings.
 Cardinal Health focuses on integrated cold chain logistics.
 PHC Holdings Corporation delivers energy-efficient ILRs and freezers.
 ARCTIKO emphasizes portable cold storage units.
 Standex International Corporation offers specialized refrigeration systems.
 Blue Star Limited provides solar-powered refrigerators for developing regions.
 Dulas innovates in solar-powered cold chain solutions.
 Helmer Scientific focuses on reliable ILRs for hospitals.

Porter’s Five Forces Analysis
 Threat of New Entrants: Moderate, due to high R&D costs and stringent regulatory standards, though modular designs lower barriers.
 Threat of Substitutes: Low, as alternative storage methods like dry ice are less reliable for long-term vaccine preservation.
 Bargaining Power of Buyers: Moderate, with governments and NGOs seeking cost-effective solutions, but specialized equipment limits options.
 Bargaining Power of Suppliers: Low, given multiple suppliers for refrigeration components.
 Competitive Rivalry: High, with firms competing on energy efficiency, durability, and technological integration.

Market Opportunities and Challenges
Opportunities:
 The WHO’s Immunization Agenda 2030, targeting 90% childhood vaccination coverage, drives demand for storage equipment, with 1.16 billion children requiring vaccines annually.
 The COVID-19 pandemic highlighted the need for ultra-low temperature storage, with over 1 million units added globally from 2020 to 2023.
 Rising vaccine coverage, from 81% in 2019 to 85% in 2023, necessitates expanded cold chain capacity for new vaccines like HPV and pneumococcal.
 mRNA vaccine development for diseases like malaria and influenza boosts ultra-low storage needs.
 Solar-powered refrigerators address the needs of 25% of the global population without reliable electricity, particularly in Africa and South Asia.
 Emerging markets in Asia and Africa offer significant growth potential.
Challenges:
 High costs of ultra-low freezers, often exceeding USD 10,000, limit adoption in low-resource settings.
 Regulatory compliance, such as WHO PQS standards, delays market entry.
 Maintenance challenges in remote areas hinder equipment reliability.
 Competition from passive cooling methods persists in cost-sensitive regions.
 Limited electricity access in developing regions slows adoption of non-solar equipment.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Vaccine Storage Equipment Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Vaccine Storage Equipment Market in North America (2020-2030)
8.1 Vaccine Storage Equipment Market Size
8.2 Vaccine Storage Equipment Market by End Use
8.3 Competition by Players/Suppliers
8.4 Vaccine Storage Equipment Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Vaccine Storage Equipment Market in South America (2020-2030)
9.1 Vaccine Storage Equipment Market Size
9.2 Vaccine Storage Equipment Market by End Use
9.3 Competition by Players/Suppliers
9.4 Vaccine Storage Equipment Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Vaccine Storage Equipment Market in Asia & Pacific (2020-2030)
10.1 Vaccine Storage Equipment Market Size
10.2 Vaccine Storage Equipment Market by End Use
10.3 Competition by Players/Suppliers
10.4 Vaccine Storage Equipment Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Vaccine Storage Equipment Market in Europe (2020-2030)
11.1 Vaccine Storage Equipment Market Size
11.2 Vaccine Storage Equipment Market by End Use
11.3 Competition by Players/Suppliers
11.4 Vaccine Storage Equipment Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Vaccine Storage Equipment Market in MEA (2020-2030)
12.1 Vaccine Storage Equipment Market Size
12.2 Vaccine Storage Equipment Market by End Use
12.3 Competition by Players/Suppliers
12.4 Vaccine Storage Equipment Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Vaccine Storage Equipment Market (2020-2025)
13.1 Vaccine Storage Equipment Market Size
13.2 Vaccine Storage Equipment Market by End Use
13.3 Competition by Players/Suppliers
13.4 Vaccine Storage Equipment Market Size by Type
Chapter 14 Global Vaccine Storage Equipment Market Forecast (2025-2030)
14.1 Vaccine Storage Equipment Market Size Forecast
14.2 Vaccine Storage Equipment Application Forecast
14.3 Competition by Players/Suppliers
14.4 Vaccine Storage Equipment Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Thermo Fisher Scientific
15.1.1 Company Profile
15.1.2 Main Business and Vaccine Storage Equipment Information
15.1.3 SWOT Analysis of Thermo Fisher Scientific
15.1.4 Thermo Fisher Scientific Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Azenta
15.2.1 Company Profile
15.2.2 Main Business and Vaccine Storage Equipment Information
15.2.3 SWOT Analysis of Azenta
15.2.4 Azenta Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Eppendorf
15.3.1 Company Profile
15.3.2 Main Business and Vaccine Storage Equipment Information
15.3.3 SWOT Analysis of Eppendorf
15.3.4 Eppendorf Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Cardinal Health
15.4.1 Company Profile
15.4.2 Main Business and Vaccine Storage Equipment Information
15.4.3 SWOT Analysis of Cardinal Health
15.4.4 Cardinal Health Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 PHC Holdings Corporation
15.5.1 Company Profile
15.5.2 Main Business and Vaccine Storage Equipment Information
15.5.3 SWOT Analysis of PHC Holdings Corporation
15.5.4 PHC Holdings Corporation Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 ARCTIKO
15.6.1 Company Profile
15.6.2 Main Business and Vaccine Storage Equipment Information
15.6.3 SWOT Analysis of ARCTIKO
15.6.4 ARCTIKO Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Standex International Corporation
15.7.1 Company Profile
15.7.2 Main Business and Vaccine Storage Equipment Information
15.7.3 SWOT Analysis of Standex International Corporation
15.7.4 Standex International Corporation Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Blue Star Limited
15.8.1 Company Profile
15.8.2 Main Business and Vaccine Storage Equipment Information
15.8.3 SWOT Analysis of Blue Star Limited
15.8.4 Blue Star Limited Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.9 Dulas
15.9.1 Company Profile
15.9.2 Main Business and Vaccine Storage Equipment Information
15.9.3 SWOT Analysis of Dulas
15.9.4 Dulas Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
15.10 EVERMED
15.10.1 Company Profile
15.10.2 Main Business and Vaccine Storage Equipment Information
15.10.3 SWOT Analysis of EVERMED
15.10.4 EVERMED Vaccine Storage Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms
Table Research Scope Of Vaccine Storage Equipment Report
Table Data Sources Of Vaccine Storage Equipment Report
Table Major Assumptions Of Vaccine Storage Equipment Report
Table Vaccine Storage Equipment Classification
Table Vaccine Storage Equipment Applications
Table Drivers Of Vaccine Storage Equipment Market
Table Restraints Of Vaccine Storage Equipment Market
Table Opportunities Of Vaccine Storage Equipment Market
Table Threats Of Vaccine Storage Equipment Market
Table Raw Materials Suppliers
Table Different Production Methods Of Vaccine Storage Equipment
Table Cost Structure Analysis Of Vaccine Storage Equipment
Table Key End Users
Table Latest News Of Vaccine Storage Equipment Market
Table Merger And Acquisition
Table Planned/Future Project Of Vaccine Storage Equipment Market
Table Policy Of Vaccine Storage Equipment Market
Table 2020-2030 North America Vaccine Storage Equipment Market Size
Table 2020-2030 North America Vaccine Storage Equipment Market Size By Application
Table 2020-2025 North America Vaccine Storage Equipment Key Players Revenue
Table 2020-2025 North America Vaccine Storage Equipment Key Players Market Share
Table 2020-2030 North America Vaccine Storage Equipment Market Size By Type
Table 2020-2030 United States Vaccine Storage Equipment Market Size
Table 2020-2030 Canada Vaccine Storage Equipment Market Size
Table 2020-2030 Mexico Vaccine Storage Equipment Market Size
Table 2020-2030 South America Vaccine Storage Equipment Market Size
Table 2020-2030 South America Vaccine Storage Equipment Market Size By Application
Table 2020-2025 South America Vaccine Storage Equipment Key Players Revenue
Table 2020-2025 South America Vaccine Storage Equipment Key Players Market Share
Table 2020-2030 South America Vaccine Storage Equipment Market Size By Type
Table 2020-2030 Brazil Vaccine Storage Equipment Market Size
Table 2020-2030 Argentina Vaccine Storage Equipment Market Size
Table 2020-2030 Chile Vaccine Storage Equipment Market Size
Table 2020-2030 Peru Vaccine Storage Equipment Market Size
Table 2020-2030 Asia & Pacific Vaccine Storage Equipment Market Size
Table 2020-2030 Asia & Pacific Vaccine Storage Equipment Market Size By Application
Table 2020-2025 Asia & Pacific Vaccine Storage Equipment Key Players Revenue
Table 2020-2025 Asia & Pacific Vaccine Storage Equipment Key Players Market Share
Table 2020-2030 Asia & Pacific Vaccine Storage Equipment Market Size By Type
Table 2020-2030 China Vaccine Storage Equipment Market Size
Table 2020-2030 India Vaccine Storage Equipment Market Size
Table 2020-2030 Japan Vaccine Storage Equipment Market Size
Table 2020-2030 South Korea Vaccine Storage Equipment Market Size
Table 2020-2030 Southeast Asia Vaccine Storage Equipment Market Size
Table 2020-2030 Australia Vaccine Storage Equipment Market Size
Table 2020-2030 Europe Vaccine Storage Equipment Market Size
Table 2020-2030 Europe Vaccine Storage Equipment Market Size By Application
Table 2020-2025 Europe Vaccine Storage Equipment Key Players Revenue
Table 2020-2025 Europe Vaccine Storage Equipment Key Players Market Share
Table 2020-2030 Europe Vaccine Storage Equipment Market Size By Type
Table 2020-2030 Germany Vaccine Storage Equipment Market Size
Table 2020-2030 France Vaccine Storage Equipment Market Size
Table 2020-2030 United Kingdom Vaccine Storage Equipment Market Size
Table 2020-2030 Italy Vaccine Storage Equipment Market Size
Table 2020-2030 Spain Vaccine Storage Equipment Market Size
Table 2020-2030 Belgium Vaccine Storage Equipment Market Size
Table 2020-2030 Netherlands Vaccine Storage Equipment Market Size
Table 2020-2030 Austria Vaccine Storage Equipment Market Size
Table 2020-2030 Poland Vaccine Storage Equipment Market Size
Table 2020-2030 Russia Vaccine Storage Equipment Market Size
Table 2020-2030 Mea Vaccine Storage Equipment Market Size
Table 2020-2030 Mea Vaccine Storage Equipment Market Size By Application
Table 2020-2025 Mea Vaccine Storage Equipment Key Players Revenue
Table 2020-2025 Mea Vaccine Storage Equipment Key Players Market Share
Table 2020-2030 Mea Vaccine Storage Equipment Market Size By Type
Table 2020-2030 Egypt Vaccine Storage Equipment Market Size
Table 2020-2030 Israel Vaccine Storage Equipment Market Size
Table 2020-2030 South Africa Vaccine Storage Equipment Market Size
Table 2020-2030 Gulf Cooperation Council Countries Vaccine Storage Equipment Market Size
Table 2020-2030 Turkey Vaccine Storage Equipment Market Size
Table 2020-2025 Global Vaccine Storage Equipment Market Size By Region
Table 2020-2025 Global Vaccine Storage Equipment Market Size Share By Region
Table 2020-2025 Global Vaccine Storage Equipment Market Size By Application
Table 2020-2025 Global Vaccine Storage Equipment Market Share By Application
Table 2020-2025 Global Vaccine Storage Equipment Key Vendors Revenue
Table 2020-2025 Global Vaccine Storage Equipment Key Vendors Market Share
Table 2020-2025 Global Vaccine Storage Equipment Market Size By Type
Table 2020-2025 Global Vaccine Storage Equipment Market Share By Type
Table 2025-2030 Global Vaccine Storage Equipment Market Size By Region
Table 2025-2030 Global Vaccine Storage Equipment Market Size Share By Region
Table 2025-2030 Global Vaccine Storage Equipment Market Size By Application
Table 2025-2030 Global Vaccine Storage Equipment Market Share By Application
Table 2025-2030 Global Vaccine Storage Equipment Key Vendors Revenue
Table 2025-2030 Global Vaccine Storage Equipment Key Vendors Market Share
Table 2025-2030 Global Vaccine Storage Equipment Market Size By Type
Table 2025-2030 Vaccine Storage Equipment Global Market Share By Type

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Vaccine Storage Equipment Picture
Figure 2020-2030 North America Vaccine Storage Equipment Market Size And Cagr
Figure 2020-2030 South America Vaccine Storage Equipment Market Size And Cagr
Figure 2020-2030 Asia & Pacific Vaccine Storage Equipment Market Size And Cagr
Figure 2020-2030 Europe Vaccine Storage Equipment Market Size And Cagr
Figure 2020-2030 Mea Vaccine Storage Equipment Market Size And Cagr
Figure 2020-2025 Global Vaccine Storage Equipment Market Size And Growth Rate
Figure 2025-2030 Global Vaccine Storage Equipment Market Size And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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