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Healthcare Distribution Market Business Growth Statistics, Leading Players are McKesson Corporation, Cardinal Health, FFF Enterprises, Medline Industries, Mutual Drug, Redington

09-21-2020 02:04 PM CET | Health & Medicine

Press release from: Data Bridge Market Research Pvt. Ltd.

Healthcare Distribution Market

Healthcare Distribution Market

The Healthcare Distribution Market business report contains top to bottom analysis and estimation of various market related factors that are incredibly crucial for better decision making. Competitive analysis has been carried out in this industry analysis report for the major players in the market which supports businesses take better moves for enhancing their product and sales. Besides, this Healthcare Distribution market research report takes into consideration several industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares & possible sales volume of the company.

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Market Analysis: Global Healthcare Distribution Market

Global healthcare distribution market is expected to rise to an estimated value by, registering a substantial CAGR of 6.75% in the forecast period of 2019-2026. Increasing cases of infectious diseases and adoption of track and trace solutions is the major factor driving the market growth.

Key Market Competitors:

Few of the major competitors currently working in the global healthcare distribution market are McKesson Corporation, Cardinal Health, AmerisourceBergen Corporation, Owens & Minor, Inc., Morris & Dickson Co. L.L.C., Express Scripts Holding Company, FFF Enterprises, Inc., Medline Industries, Inc., Attain Med., Dakota Drug, Inc., Express Scripts Holding Company, Patterson Companies, Inc., Mutual Drug, Redington, Accord-UK Ltd., Phoenix Medical Systems (P) Ltd., Biotron Healthcare, OrbiMed Advisors LLC,  ALLIANCE UNICHEM IP LIMITED and TTK HealthCare among others.

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Market Definition: Global Healthcare Distribution Market

Healthcare distribution is a concept of providing different care services like drugs, diagnostic test and other facilities to the patients. Healthcare system is very useful as it help people to stay healthy. Pharmaceutical product distribution, medical device distribution service, biopharmaceutical distribution service are some of the common types of the healthcare distribution. Today, healthcare industry is using many different technologies and developments to expand healthcare industry and to provide better facilities to the patients.

Segmentation: Global Healthcare Distribution Market

Healthcare Distribution Market : By Type

Pharmaceutical Product Distribution Services
Medical Device Distribution Services
Biopharmaceutical Product Distribution Services

Healthcare Distribution Market : By End- Users

Retail Pharmacies
Hospital Pharmacies
Others End Users

Healthcare Distribution Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Key Developments in the Healthcare Distribution Market :

In January 2019, Generex Biotechnology Corporation announced the acquisition of Medisource Partners. This acquisition will give Generex access to Medisource business operation, contracts and real estate, accounts receivable and inventory etc. The major target of this acquisition is to increase their revenue and strengthen their position in the market by offering better surgical and biological products. It will also assist the company to expand their MSO business

In June 2018, McKesson Corporation (MCK) announced that they have acquired Medical Specialties Distributor (MSD) which is a part of the changes in healthcare supply and device distribution. This acquisition will help the McKesson to provide improved solutions to the growing pharmaceutical market

Healthcare Distribution Market : Drivers

Rising chronic diseases among population will drive the market growth

Increasing R&D investment in new drug development is another factor driving the growth of this market

Growth of medical devices industry will also contribute as a driver for this market

Increasing importance of generics is boosting growth of the market

Healthcare Distribution Market : Restraints

High price of the drug is restraining the growth of this market

Strict government regulations related to the drug development will also hamper the growth of this market.

Reasons to Purchase this Report :

Current and future of global healthcare distribution market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report :

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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