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.
Pharmaceutical Logistics Market Overview
The market overview focuses on analyzing the dynamics of the Pharmaceutical Logistics industry, including its key players and market rivalry. The report provides revenue forecasts for the industry at the global, regional, and segment levels, with a particular emphasis on sales forecasting by segment and region. This comprehensive analysis allows for a detailed understanding of the market’s current state and future trends, providing valuable insights for industry stakeholders.
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Pharmaceutical Logistics Market Report Scope and Research Methodology
The report on Pharmaceutical Logistics Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Pharmaceutical Logistics market growth. A detailed PESTEL analysis is also included in the report. The report covers a thorough regional analysis of the Pharmaceutical Logistics industry at local, regional and global level. Segment wise marker share estimation & Industry potential is also covered.
The Pharmaceutical Logistics Market was analysed by region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The new entrants & existing players in Pharmaceutical Logistics market were researched for growth prospects and future business outlooks. The analysis acts as a guide for stakeholders, investors, market players and followers and new entrants with an overall view of the Pharmaceutical Logistics market for formulating investment approaches and marketing tactics. Bottom-up approach was used to estimate the Pharmaceutical Logistics market size.
Pharmaceutical Logistics Market Regional Insights
The report provides a comprehensive examination of the factors driving growth, constraints, future prospects, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one..
Pharmaceutical Logistics Market Segmentation
Based on Type, the Pharmaceutical Logistics market was dominated by Cold Chain Logistics in 2022, with a share of over 72%. Throughout the projection period, the segment is anticipated to develop at a CAGR. The term “pharmaceutical cold chain logistics” refers to a complex, methodical undertaking in which perishable medications and those requiring a low-temperature environment are always gathered in a setting with specific temperature ranges in each phase before being eaten by customers. Pharmaceutical companies in the US rely on cold chain systems to run their businesses. Internationally, modern retail sales have been increasing at a 10 to 15% yearly pace, and they now account for 50% of all key growing markets.
In addition, strict government rules requiring that pharmaceutical goods that are particularly temperature-sensitive be stored at particular temperatures are anticipated to fuel market expansion throughout the course of the projection period. Businesses are helping to increase the effectiveness, connectivity, and safety of transporting goods by using telematics in a growing number of cold-chain pharmaceutical logistics applications. For the Pharmaceutical Logistics market, the non-cold chain logistics segment is anticipated to expand at a CAGR of roughly 8.2% throughout the course of the forecast year. The main engine of category expansion is anticipated to be the increased demand for non-cold chain pharmaceutical drugs and other products.
Pharmaceutical Logistics Market Key Players
- FedEx (United States)
• United Parcel Service of America, Inc. (United States)
• Abiomed (United States)
• BioVentrix (United States)
• C. R. Bard (Unites States)
• LifeConEx (United States)
• Abbott Vascular (Unites States)
• Abiomed (United States)
• AtriCure (Unites States)
• UPS (United States)
• Air Canada (Canada)
• VersaCold Logistics Services (Canada)
• World Courier (Europe)
• Biotronik (Germany)
• Deutsche Post DHL (Germany)
• DB Schenker (Germany)
• CEVA Logistics (United Kingdom)
• Agility (Kuwait)
• SF Express (China)
• Biosensors International (Singapore)
• CWT Ltd. (Singapore)
• Yusen Logistics (India)
• Pharma Logistics (India)
• Marken (India)
• CJ Century Logistics (Malysia)
• Gemadept (Vietnam)
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Key questions answered in the Pharmaceutical Logistics Market are:
- What is Pharmaceutical Logistics ?
- What are the factors driving the Pharmaceutical Logistics Market growth?
- What are the factors are limiting the Pharmaceutical Logistics Market growth?
- What was the Pharmaceutical Logistics market size in 2021?
- Which trends are expected to generate additional revenue for the Pharmaceutical Logistics market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Pharmaceutical Logistics Market?
- What growth strategies are the players considering to increase their foothold in the Pharmaceutical Logistics Market?
- Who held the largest market share in the Pharmaceutical Logistics Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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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