Pharmaceutical Logistics Market Overview and Forecast: Sustainable Growth Amidst Changing Trends

The Pharmaceutical Logistics Market size was valued at USD 88.89 Bn. in 2022 and the total Pharmaceutical Logistics revenue is expected to grow at a CAGR of 9.2% from 2023 to 2029, reaching nearly USD 164.61 Bn.

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Pharmaceutical Logistics Market Report Scope and Research Methodology

The comprehensive report delves into the intricacies of transporting healthcare materials, emphasizing the need for complex logistical systems. The scope covers specialized equipment, storage facilities, handling procedures, and collaboration within the cold chain. The report also explores outsourcing trends among pharmaceutical companies, particularly in untapped regions like Sub-Saharan Africa and South America. It highlights the significance of local logistics providers and addresses concerns related to decreasing service standards and loss of control.

Pharmaceutical Logistics Market Report Drivers

The report identifies key drivers propelling market growth, including the rising demand for over-the-counter medications, the need for expedited assistance in the healthcare industry, and the pursuit of mergers and acquisitions for geographic expansion. It also sheds light on challenges, such as the risks of product adulteration and noncompliance with regulations, prompting market participants to invest in cutting-edge technologies like telematics and remote monitoring.

Pharmaceutical Logistics Market Regional Analysis

With a focus on the North American pharmaceutical logistics market, the report notes increasing demand driven by rising generic medicine sales and healthcare changes favoring generics. The market's competitive landscape is characterized by fragmentation due to the presence of numerous regional and multinational players. Additionally, organizations are prioritizing cloud-based supply chain solutions and secure supply chain activities to ensure medication authenticity, inhibiting the manufacture of counterfeit pharmaceuticals.

Pharmaceutical Logistics Market Segmentation :

by Type

1. Cold Chain Logistics
2. Non-cold Chain Logistics

by Component

1. Storage
1.1 Warehouse
1.2 Refrigerated Container

2. Transportation
2.1 Sea Freight Logistics
2.2 Airfreight Logistics
2.3 Overland Logistics

3. Monitoring Components
3.1 Hardware
3.2 Software

by Application

1. BioPharma
2. Chemical Pharma
3. Speciality Pharma

by Operation

1. Seaways
2. Roadways
3. Railways
4. Airways
5. Storage and Services

by Product

1. Generic Drugs
2. Branded Drugs

Pharmaceutical Logistics Market Key Players :

1. FedEx (United States) 2. United Parcel Service of America, Inc. (United States) 3. Abiomed (United States) 4. BioVentrix (United States) 5. C. R. Bard (Unites States) 6. LifeConEx (United States) 7. Abbott Vascular (Unites States) 8. Abiomed (United States) 9. AtriCure (Unites States) 10. UPS (United States) 11. Air Canada (Canada) 12. VersaCold Logistics Services (Canada) 13. World Courier (Europe) 14. Biotronik (Germany) 15. Deutsche Post DHL (Germany) 16. DB Schenker (Germany) 17. CEVA Logistics (United Kingdom) 18. Agility (Kuwait) 19. SF Express (China) 20. Biosensors International (Singapore) 21. CWT Ltd. (Singapore) 22. Yusen Logistics (India) 23. Pharma Logistics (India) 24. Marken (India) 25. CJ Century Logistics (Malysia) 26. Gemadept (Vietnam)

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Key Questions answered in the Pharmaceutical Logistics Market Report are:

• What is Pharmaceutical Logistics?
• What will be the CAGR of the Pharmaceutical Logistics market during the forecast period?
• What are the opportunities for the Pharmaceutical Logistics Market?
• What factors are affecting the Pharmaceutical Logistics market growth?
• Which company held the largest share in the Pharmaceutical Logistics market?
• What key trends are likely to emerge in the Pharmaceutical Logistics market in the coming years?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2023-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation- A detailed analysis of each segment and their segments
• Competitive Landscape - Leading key players and other prominent key players.

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About Maximize Market Research:

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