PUBLISHER: Grand View Research | PRODUCT CODE: 1321470
PUBLISHER: Grand View Research | PRODUCT CODE: 1321470
The global medical transport boxes market size is expected to reach USD 1.06 billion by 2030 expanding at a CAGR of 7.10%, based on a new report by Grand View Research, Inc. This growth can be attributed to the increasing incidence of chronic disorders leading to organ transplantation. According to the National Center for Biological Information (NCBI ), approximately 162,428 people were estimated to be living with cystic fibrosis (CF) across 94 countries worldwide in 2022.
Furthermore, medical transport boxes play an important role in transporting donated organs from donation centers to hospitals. According to preliminary data from United Network for Organ Sharing (UNOS ), in the U.S. approximately 42,887 organ transplant surgeries were performed in 2022, slightly higher than that in 2021. Of these total organ transplant surgeries, liver, lung, and heart transplants accounted for 9,528, 2,692, and 4,111, respectively. Thus, an increasing number of organ transplant surgeries is expected to boost the market during the forecast period.
Moreover, major players are acquiring smaller companies to strengthen their market positions. This strategy enables major companies to increase their capabilities, expand product portfolios, and improve competencies. For instance, in October 2022 , Azenta completed the acquisition of B Medical System, a provider of temperature-controlled transportation and storage solutions. This acquisition will expand Azenta's comprehensive cold chain portfolio, thereby driving its market growth.