Market Overview:
The global specimen shipping box market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for diagnostic services and rising number of hospitals and diagnostic centers worldwide. In addition, the growing awareness about safe transportation of specimens is also contributing to the growth of this market. The global specimen shipping box market can be segmented on the basis of type into traditional transportation boxes and smart transportation boxes. The traditional transportation boxes segment is expected to dominate the global specimen shipping box market during the forecast period owing to their low cost as compared to smart transportation boxes. However, with technological advancements, smart transportation boxes are gaining popularity due their features such as temperature control and GPS tracking which help in ensuring safe transport of specimens.
Product Definition:
A specimen shipping box is a cardboard container used to securely transport biological specimens. The importance of a specimen shipping box is that it protects the specimens during transit and minimizes the chances of them being damaged.
Traditional Transportation Boxes:
Traditional transportation boxes are used for shipping specimens. These boxes are made up of different materials like wood, plastic, and aluminum. The material is chosen as per the nature of the specimen being shipped. For instance, if it's a live animal then the box should be made up of a material that can protect it from getting injured or damaged during transit.
Smart Transportation Boxes:
Smart Transportation Boxes (STBs) are used for packaging and shipping specimens. They provide enhanced protection, improved efficiency, and environmental sustainability. The product is available in different sizes to suit specific needs.
The global STB market size was valued at USD 605 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The others application segment accounted for the largest revenue share in 2016 and is anticipated to witness significant growth over the forecast period. The Specimen Shipping Box (SSB) is used for shipping all types of clinical specimens, including blood & body fluids, tissue/cells, swabs/spitules. It provides an organized structure to transport medical samples and aids in maintaining sample integrity during transit.
The hospital application segment accounted for a substantial revenue share in 2016 owing to increasing demand from hospitals across the globe. The hospital SSB shipment service providers ensure that there is no damage or leakage of any specimen during transit by providing secure packaging solutions customized specifically for hospitals at affordable rates with reliable delivery options throughout various cities worldwide including North America, Europe and Asia Pacific regions.
Regional Analysis:
North America dominated the global specimen shipping box market in 2017. This can be attributed to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending in this region as compared to other regions. The Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing government initiatives for a better healthcare system and rising investment by various private players for improving diagnostic services across emerging economies such as India, China and Indonesia. Moreover, economic development coupled with growing disposable income will also boost demand over the forecast period.
The Latin American market is anticipated to grow at an exponential rate during the forecast period due to factors such as increasing prevalence of infectious diseases along with unmet needs related to diagnosis and treatment in this region which has led it being referred as 'the sick man of Europe'.
Growth Factors:
- Increasing demand for diagnostic tests: The increasing demand for diagnostic tests is one of the key growth drivers for the specimen shipping box market. This is because diagnostic tests help in early diagnosis and treatment of diseases, which in turn helps in reducing the overall healthcare costs.
- Technological advancements: The specimen shipping box market is witnessing rapid technological advancements, which is aiding in the growth of this market. For instance, new technologies such as 3D printing are being used to develop customized specimen shipping boxes that can cater to specific needs of customers.
- Rising number of biotechnology and pharmaceutical companies: The number of biotechnology and pharmaceutical companies is rising rapidly across the globe, owing to which there is an increase in demand for specimen shipping boxes from these companies. This helps in driving the growth of this market further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Specimen Shipping Box Market Research Report
By Type
Traditional Transportation Boxes, Smart Transportation Boxes
By Application
Hospitals, Diagnostic Centers, Others
By Companies
Techno Medica, Inpeco, Sarstedt AG & Co. K, Scinomix, Softbox Systems, Sonoko Product Company, Greiner Holding AG, Energium, Alifax Holdings Spa, Therapak, Uline
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Specimen Shipping Box Market Report Segments:
The global Specimen Shipping Box market is segmented on the basis of:
Types
Traditional Transportation Boxes, Smart Transportation Boxes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Techno Medica
- Inpeco
- Sarstedt AG & Co. K
- Scinomix
- Softbox Systems
- Sonoko Product Company
- Greiner Holding AG
- Energium
- Alifax Holdings Spa
- Therapak
- Uline
Highlights of The Specimen Shipping Box Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Traditional Transportation Boxes
- Smart Transportation Boxes
- By Application:
- Hospitals
- Diagnostic Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Specimen Shipping Box Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Specimen shipping boxes are used to ship biological specimens, such as blood or tissue samples, for research. The box is designed to protect the specimen from damage during transport and storage.
Some of the key players operating in the specimen shipping box market are Techno Medica, Inpeco, Sarstedt AG & Co. K, Scinomix, Softbox Systems, Sonoko Product Company, Greiner Holding AG, Energium, Alifax Holdings Spa, Therapak, Uline.
The specimen shipping box market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Specimen Shipping Box Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Specimen Shipping Box Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Specimen Shipping Box Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Specimen Shipping Box Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Specimen Shipping Box Market Size & Forecast, 2020-2028
4.5.1 Specimen Shipping Box Market Size and Y-o-Y Growth
4.5.2 Specimen Shipping Box Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Traditional Transportation Boxes
5.2.2 Smart Transportation Boxes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specimen Shipping Box Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Specimen Shipping Box Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Traditional Transportation Boxes
9.6.2 Smart Transportation Boxes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Centers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Traditional Transportation Boxes
10.6.2 Smart Transportation Boxes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Centers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Traditional Transportation Boxes
11.6.2 Smart Transportation Boxes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Centers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Traditional Transportation Boxes
12.6.2 Smart Transportation Boxes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Centers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Traditional Transportation Boxes
13.6.2 Smart Transportation Boxes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Centers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Specimen Shipping Box Market: Competitive Dashboard
14.2 Global Specimen Shipping Box Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Techno Medica
14.3.2 Inpeco
14.3.3 Sarstedt AG & Co. K
14.3.4 Scinomix
14.3.5 Softbox Systems
14.3.6 Sonoko Product Company
14.3.7 Greiner Holding AG
14.3.8 Energium
14.3.9 Alifax Holdings Spa
14.3.10 Therapak
14.3.11 Uline
