Press release
Bio-Pharmaceutical Logistics Market: Rising Unmet Medical Needs Pushes Bio-Pharmaceutical Companies Improve Logistics, Observes TMR
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Currently, the pharmaceutical sector uses logistics for storing, acquiring, and moving resources from various points to their end users. The robust growth of the pharmaceutical industry has been directly responsible for the rise of the logistics market catering to the needs of bio-pharmaceutical companies.
Outsourcing logistics tasks to third parties has been observed as an emerging trend in the global market. It is expected to gain momentum as it offers quick delivery, improved communication, and a solution towards reducing packaging costs. The ongoing mergers and acquisitions have also offered a fair chance to the key players to expand their geographical reach and add value to their product portfolio.
Bio-pharmaceutical companies are relying on strong distribution networks of logistics players to meet the vast unmet medical needs. Several governments from developing regions of South East Asia, Latin America, the Nordic countries, and the Middle East Africa are making investments in healthcare to support expenditures. Furthermore, improved reimbursement policies, are also boosting the demand for health care, thereby creating a positive impact on the global market.
The research report uses a SWOT analysis to understand the impact of strengths, weaknesses, opportunities, and threats on the segments of the global bio-pharmaceutical logistics market. The global market has been segmented into land shipping, air shipping, sea shipping, and integrated shipping. The market is also segmented into storage, pick up, retrieval, and handling dealings or procedures. Analysts have also used a Porter’s five forces analysis to determine the intensity of the competitive rivalry and the bargaining power of buyers and suppliers in the global bio-pharmaceutical logistics market.
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Some of the key players in the global bio-pharmaceutical logistics market are DB Schenker, Nordic Cold Storage, FedEx, Biotec Services International, United Parcel Service of America Inc, Deutsche Post DHL, CEVA, TNT Express, Marken, World Courier Management, and GENCO. The research report profiles these players and offers an in-depth understanding of the competitive landscape of the global market.
Additionally, the document also offers an analysis of the marketing strategies, ongoing research and development activities, and investment plans of these players for the coming few years.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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