Healthcare Distribution Market Size, Trends Analysis And Overview By 2024-2033

The new report published by The Business Research Company, titled ""Healthcare Distribution Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the healthcare distribution market size has grown strongly in recent years. It will grow from $1122.79 billion in 2023 to $1225.18 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The healthcare distribution market size is expected to see strong growth in the next few years. It will grow to $1774.44 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%.

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Medical Device Industry Boom Fueling The Growth Of Healthcare Distribution
The rise of the medical device industry is expected to propel the growth of the healthcare distribution market going forward. The medical device industry is comprised of companies that develop, manufacture, and distribute the technologies, devices, diagnostic tests, and health information systems that are transforming health care through earlier disease detection and less invasive procedures. The medical devices manufactured by the medical device industry are required to be distributed to healthcare facilities, thereby promoting the healthcare distribution market. For instance, in February 2022, according to the India Brand Equity Foundation (IBEF), an India-based government brand equity foundation, the medical device market in India is expected to reach $ 50 billion in 2025, an increase of a 37% CAGR from $10.36 billion in 2020. Therefore, the rise of the medical device industry is driving the growth of the healthcare distribution market.

Innovative Technological Advancements Revolutionizing The Healthcare Distribution Market
Technological advancement has emerged as the new trend gaining popularity in the healthcare distribution market. Major companies operating in the healthcare distribution sector are focused on technological advancements to reinforce their position and meet consumer demand. For instance, in November 2022, Cardinal Health Inc., a US-based healthcare services company, launched Velocare. Velocare is a supply chain network and last-mile delivery solution capable of providing patients with crucial supplies and services necessary for hospital-level treatment at home in one to two hours. Cardinal Health at-Home Solutions, in partnership with Medically Home, is now providing Velocare to a Medically Home health system client, allowing scalable, high-acuity care in the home.

The healthcare distribution market covered in this report is segmented -

1) By Type: Pharmaceutical Product Distribution Services, Biopharmaceutical Product Distribution Services, Medical Device Distribution Services
2) By End User: Retail Pharmacies, Hospital Pharmacies, Other End-Users

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Major companies operating in the healthcare distribution market include Alliance Healthcare UK, AmerisourceBergen Corporation, Cardinal Health Inc., CuraScript SD, Dakota Drug Inc., FFF Enterprises Inc., Henry Schein Inc., KeySource Medical Inc., Medline Industries LP, Morris and Dickson Co. LLC, Mutual Drug Company, Owens & Minor Inc., Patterson Companies Inc., PHOENIX Group, Rochester Drug Cooperative Inc., Shanghai Pharmaceutical Group Co. Ltd., Smith Drug Company, Systems Private Limited, TTK Healthcare, Anda Inc., Associated Pharmacies Inc., Besse Medical, Curascript Specialty Distribution, Gulf South Medical Supply, H.D. Smith LLC, Harvard Drug Group LLC, Kinray Inc., MasterPharm SA, McKesson Corporation, Metro Medical Supply, MMS - A Medical Supply Company, Oncology Supply Inc., PSS World Medical Inc., Seneca Medical Inc., TheraCom LLC

Contents of the report:
1. Executive Summary
2. Healthcare Distribution Market Report Structure
3. Healthcare Distribution Market Trends And Strategies
4. Healthcare Distribution Market - Macro Economic Scenario
5. Healthcare Distribution Market Size And Growth
…..
27. Healthcare Distribution Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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