Pharmaceutical Logistics Market Research report 2030 is a well-generated market report which helps achieve comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This report deals with plentiful aspects of the ABC industry. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. A comprehensive market study and analysis of trends in consumer and supply chain dynamics underlined in this report assists businesses in drawing the strategies about sales, marketing, advertising, and promotion.
Data Bridge Market Research analyses that the pharmaceutical logistics market which is USD 227.45 billion in 2022, is expected to reach USD 446.61 billion by 2030, at a CAGR of 8.8% during the forecast period 2023 to 2030.
Some of the major players operating in the pharmaceutical logistics market are:
AmerisourceBergen Corporation (U.S.), CAVALIER LOGISITICS (U.S.), Continental Carbon Company (U.S.), DHL International GmbH (Germany), FedEx (U.S.), Kuehne+Nagel (Germany), Deutsche Post AG (Germany), LifeConEx (U.S.), American Airlines Inc. (U.S.) Air Charter Service (India), Agility Public Warehousing Company (U.S.), Versa Cold Logistics Services (Canada), Delivery Limited (India), YUSEN LOGISTICS CO., LTD. (India), V-Xpress (India), FulfillmentHubUSA (U.S.), Prompt Brazil Logistics (Brazil)
Market Overview
The pharmaceutical logistics market is analysed and market size insights and trends are provided by country, product, type, component, procedure and application as referenced above. North America dominates the pharmaceutical logistics market due to the significant participation of numerous important industry participants. Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because of the booming senior population, accelerating economic growth in emerging nations like China and India, and rising demand for medications.
The integration of information flow, material handling, production, packaging, inventory and chain management of prescription medications is referred to as pharmaceutical logistics. Cold chain logistics and non-cold chain logistics are the two basic subtypes of pharmaceutical logistics. The equipment and procedures zed for the secure transportation of temperature-sensitive items along the supply chain are referred to as "cold chain logistics." Many parts of pharmaceutical logistics include components for monitoring, storage and transportation.
Opportunities: -
- Rising demand of hospitals and medical facilities
To meet the increased demand from all hospitals and medical facilities, national logistics of medications are also anticipated to grow along with international trade. Additionally, the emergency use of COVID-19 vaccinations has been authorized by the U.S. Food and Drug Administration (FDA) and other healthcare organizations in other nations, including India, China and the U.K. As a result, many nations, notably the United States and India, anticipate a rise in the global trade of vaccines. The market is anticipated to grow between 2023 and 2030 as a result of this increased cross-border trade in drugs and medications.
Drivers: -
- Increase in the proprietary information
Many businesses engage in mergers and acquisitions to increase their global reach and access to proprietary information. They are also concentrating on bringing down the price of their products' overall packaging. The biotechnology and pharmaceutical supply chains are particularly vulnerable to the hazards of product adulteration during shipping and non-compliance with federal regulations, standards, and recommendations. The market is growing as a consequence of companies actively investing in cutting-edge technologies such as telematics and remote monitoring to provide safety and convenience during transportation operations. These are the certain factors which propel the growth of the market.
Market Segments: -
The pharmaceutical logistics market is segmented on the basis of product, type, component, procedure and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Generic Drugs
- Branded Drugs
Type
- Cold Chain Logistics
- Non Cold Chain Logistics
Component
- Storage
- Warehouse
- Refrigerated container
- Transportation
- Sea Freight Logistics
- Air Freight Logistics
- Overland Logistics
- Integrated Logistics
- Monitoring Components
- Hardware
- Sensors
- RFID Devices
- Telematics
- Networking Devices
- Software
Procedure
- Picking
- Storage
- Retrieval Systems
- Handling Systems
Application
- Chemical Pharma
- Bio-Pharma
- Specialized Pharma
Get the Full report link @ https://www.databridgemarketresearch.com/reports/global-circuit-materials-market
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Pharmaceutical Logistics Market Landscape
Part 04: Pharmaceutical Logistics Market Sizing
Part 05: Pharmaceutical Logistics Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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