Biopharmaceutical Logistics Market is anticipated to reach US$ 241.34 Bn by 2029 from US$ 115.07 Bn in 2021 at a CAGR of 9.7 % during a forecast period.
Biopharmaceutical Logistics Market Overview:
The purpose of this study is to provide a thorough examination of the Biopharmaceutical Logistics market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Biopharmaceutical Logistics market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
Market Scope:
The research method used to assess and anticipate the Biopharmaceutical Logistics market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Biopharmaceutical Logistics market was calculated using the revenue of significant enterprises.
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Segmentation:
37% of the global market for biopharmaceutical logistics was held by the North American area in 2021. This is because the region has a sizable number of markets for the export and import of pharmaceuticals. In the supply chain, technological advancement, warehousing, and transportation are also anticipated to fuel market expansion over the forecast period. Another significant pharmaceutical market is Europe, which will generate USD 215 million in revenue in 2021. The pharmaceutical market there is the second-largest in the world.
Rapid growth is anticipated for the Asia Pacific region. This is a result of the region’s ageing population and the expanding number of ailments, which are driving up the need for medications. Due to COVID-19, there is a rising need for medications and personal protection equipment (PPE).
Key Players:
The major players covered in the Biopharmaceutical Logistics market report are
• FedEx Corporation
• Ceva Logistics LLC
• Amerisource Bergen Corporation
• Panalpina Group
• Kuehne and Nagel International AG
• XPO Logistics, Inc
• United Parcel Service, Inc
• Deutsche Post DHL Group
• DB Schenker
• C.H. Robinson Worldwide, Inc
• United Parcel Service of America
• DHL International GmbH
• SF Express
• DB Schenker
• C.H. Robinson
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Biopharmaceutical Logistics Market:
Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Biopharmaceutical Logistics market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Biopharmaceutical Logistics industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.
Key Questions Answered in the Biopharmaceutical Logistics Market Report are:
- Which segment grabbed the largest share in the Biopharmaceutical Logistics market?
- How was the competitive scenario of the Biopharmaceutical Logistics market in 2020?
- Which are the key factors responsible for the Biopharmaceutical Logistics market growth?
- Which region held the maximum share in the Biopharmaceutical Logistics market in 2020?
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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