Press release
Global Pharmaceutical Logistics Market Set to Make Rapid Strides in 2020-2027
Global Pharmaceutical Logistics Market Set to Make Rapid Strides in 2020-2027The Pharmaceutical Logistics market research in this report provided by Global Market Monitor includes historical and forecast market data, consumer demand, application segmentation details, and price trends. This report also provides a detailed overview and data analysis of major Pharmaceutical Logistics companies during the forecast period.
The global pharmaceutical logistics market is expected to reach USD 71 billion by 2026. North America dominates the market. This is attributed to the significant fragmentation in North America due to the presence of a large number of major industry players. Moreover, increasing M&A activities among pharmaceutical companies such as Bristol-Myers Squibb and AbbVie are likely to further boost the market in the region. Asia Pacific is expected to be the fastest growing region owing to the rapid economic growth in emerging countries such as China and India. High demand for pharmaceuticals due to increasing geriatric population is also expected to expand the market for pharmaceutical logistics in Asia Pacific. Moreover, the pharmaceutical industry is experiencing geographic changes in the manufacturing and distribution locations. Market players are finding lucrative opportunities in the developing economies of Asia and South America, which is expected to boost the market growth in these regions.
Pharmaceutical Logistics is the logistics of pharmaceuticals, medical and surgical supplies, medical devices and equipment, and other products needed to support doctors, nurses, and other health and dental care providers. Because it’s final customers are responsible for the lives and health of their patients, medical logistics is unique in that it seeks to optimize effectiveness rather than efficiency. Medical logistics functions comprise an important part of the health care system: after staff costs, medical supplies are the single most expensive component of health care. To drive costs out of the health-care sector, medical logistics providers are adopting supply chain management theories.
The short-term impact of COVID-19 on the market is a key factor in the rapid growth of pharmaceutical logistics globally. The market growth is also attributed to increased demand for over-the-counter (OTC) drugs such as vitamins, minerals, and supplements (VMS), common cough and cold remedies, gastrointestinal drugs, and dermatology products. Moreover, reducing distribution costs by establishing single-source distribution channels is further increasing the demand for pharmaceutical logistics. Many companies are making mergers and acquisitions to expand their geographies and proprietary knowledge. They are also working to reduce the overall packaging costs of their products. Biotech and pharmaceutical supply chains are particularly vulnerable to the risk of product adulteration during transportation and non-compliance with federal regulations, standards and guidelines. Hence, players are aggressively investing in latest technologies such as telematics and remote monitoring to provide safety and convenience during transportation operations, thereby driving the growth of the market. Maritime transportation of pharmaceuticals reduces transportation costs by 80.0% and reduces staffing requirements. Moreover, it saves packaging and storage requirements while reducing the carbon footprint of logistics operations. Increasing use of air cargo logistics for long distance and intercontinental distribution of valuable vaccines and pharmaceuticals is expected to further fuel this growth.
Get FREE Sample of Pharmaceutical Logistics Market Report at:
https://www.globalmarketmonitor.com/request.php?type=1&rid=591839
Prime Competitors
The prominent players in the Pharmaceutical Logistics market include:
UPS (Marken)
Kerry Logistics
Deutsche Post DHL
World Courier
CH Robinson
VersaCold
DB Group
Nippon Express
Panalpina
FedEx
Kuehne + Nagel
SF Express
Air Canada Cargo
DSV
CEVA
Agility
Segmentation on the Basis of Application:
Bio-Pharma
Chemical-Pharma
Specially-Pharma
Type Outline:
Non-cold Chain Logistics
Cold Chain Logistics
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Pharmaceutical Logistics Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Pharmaceutical Logistics Market by Types
4 Segmentation of Pharmaceutical Logistics Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Pharmaceutical Logistics Market in Major Countries
7 North America Pharmaceutical Logistics Landscape Analysis
8 Europe Pharmaceutical Logistics Landscape Analysis
9 Asia Pacific Pharmaceutical Logistics Landscape Analysis
10 Latin America, Middle East & Africa Pharmaceutical Logistics Landscape Analysis
11 Major Players Profile
…
Ask for a discount at:
https://www.globalmarketmonitor.com/request.php?type=3&rid=591839
Global Pharmaceutical Logistics market: regional segments
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Columbia)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Target Audience:
Pharmaceutical Logistics manufacturers
Distributors and resellers of Pharmaceutical Logistics
Pharmaceutical Logistics industry associations
Product managers, Pharmaceutical Logistics industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
Pharmaceutical Logistics potential investors
Pharmaceutical Logistics key stakeholders
Pharmaceutical Logistics end-user sectors
Research and Development (R&D) companies
Key questions answered in the report
What will the market size and growth rate be in 2026?
What segment or region will drive or lead market growth and what are the reasons?
How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
What key strategies are used by top vendors to increase revenue?
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
https://www.globalmarketmonitor.com/request.php?type=9&rid=0
Get More Information on Global Market Monitor:
Logistics Market Report
https://www.globalmarketmonitor.com/reports/590015-logistics-market-report.html
E-Commerce Market Report
https://www.globalmarketmonitor.com/reports/591048-e-commerce-market-report.html
Perishable Goods Transportation Market Report
https://www.globalmarketmonitor.com/reports/588162-perishable-goods-transportation-market-report.html
Contact Us:
Global Market Monitor
E-mail: info@globalmarketmonitor.com
Phone:
001-3474677721
Company Address:
USA Office: One Pierrepont Plaza, 14th Floor, 300 Cadman Plaza W, Brooklyn, NY 11201, USA
Website: https://www.globalmarketmonitor.com
About Global Market Monitor
Global Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.
We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Pharmaceutical Logistics Market Set to Make Rapid Strides in 2020-2027 here
News-ID: 2131415 • Views: …
More Releases from Global Market Monitor

Fluorescence Spectrometers Market Pegged for Robust Expansion by 2028
Industry analysis, growth development and current trends depicted in the Fluorescence Spectrometers market report are of great help for the new industry players entering into the market. This market report delivers complete overview of the significant factors that will impact the market growth such as drivers, restraints, and opportunities for the players, challenges, current trends and technological advancements. This Fluorescence Spectrometers market report does the thorough assessment of the market…

2023 Global and China Engineered Stone (Quartz Surfaces) Market Outlook Analysis …
The global Engineered Stone (Quartz Surfaces) market report analyzes the existing trends and dynamics of the Engineered Stone (Quartz Surfaces) industry and predicts market development prospects during the forecast period from 2023 to 2028. The report provides in-depth insights into the market's competitive landscape, supporting companies in making improved business decisions and advancing growth strategies based on market prospects and opportunities analysis in the report. The report focuses on a…

Coronary Artery Bypass Grafts (CABG) Industry Overview, PEST, SWOT, and Market S …
Coronary artery bypass surgery, also known as coronary artery bypass graft (CABG, pronounced "cabbage") surgery, and colloquially heart bypass or bypass surgery, is a surgical procedure to restore normal blood flow to an obstructed coronary artery. A normal coronary artery transports blood to and from the heart muscle itself, not through the main circulatory system. The availability of favorable reimbursement policies for medical devices is one of the primary…
Automotive Mirror Control Switch Market Analysis by Advanced Technology, Trends, …
The mirror control switch is typically located on the driver's side door or on the left-hand side of the dashboard. When different drivers get in a car, they can use the mirror switch to adjust their side view mirrors so that they have the best view of their surroundings and their blind spots mirror and switches are designed to make driving safer.
This detailed Automotive Mirror Control Switch market report depicts…
More Releases for Logistics
Cold Chain Market 2021 Precise Outlook- AmeriCold Logistics, Nichirei Logistics …
The Global Cold Chain Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is…
Food Logistics Market Worth Observing Growth | Trinity Logistics, AmeriCold Logi …
The latest launched report on Global Food Logistics Market delivers a transformation framework to understand how megatrends affect industry growth, taking into account the major disrupting forces creating uncertainties for every organisation in the Food Logistics. Based on these outcomes, HTF MI outline plan for these volatile scenarios considering companies such as Port Jersey Logistics, DB Schenker, Henningsen Cold Storage, R2 Logistics, AN Deringer, ODW Logistics, Matson Logistics, Allen Lund,…
Logistics Market Future Outlook | AmeriCold Logistics, Nichirei Logistics, Linea …
WiseGuyRerports.com Presents “Global Logistics Market Size, Status and Forecast 2020-2026” New Document to its Studies Database
The extensive market study presents a complete analysis of the global Logistics market, including the latest developments, current market conditions, and the growth potentialities during the review period. Accurate statistics with regard to the product, methods as well as the share belonging to the key businesses in the market are also given in the report.…
Cold Chain Logistics Market Size 2020 by Top Key Players | Nichirei Logistics Gr …
Cold Chain Logistics Market report' to its research archive which allows exploring the industry in a 360-degree view while marking major insights and highlights accelerating the Cold Chain Logistics market trends. The data sourced from the report enables formulating business plans and helps decision making to improve profitability. The Cold Chain Logistics market has been witnessing consistent growth over the last few years and is projected to continue growing with…
Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist …
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026.
The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.…
Third-Party Logistics Market: Leading Players – XPO Logistics , Yusen Logistic …
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments.
Download Sample PDF copy of this report https://supplydemandmarketresearch.com/home/contact/272389?ref=Sample-and-Brochure&toccode=SDMRSE272389&utm_source=s.
The study objectives of this report are:
To analyze global Third-Party Logistics status, future forecast,…