Press release
Procurement Intelligence for Clinical Logistics Market Set to Grow at a 8% CAGR from 2024 to 2032
Clinical Logistics Market
Clinical logistics refers to the strategic planning, implementation, and control of the flow of healthcare products, services, and information within and across healthcare facilities. It encompasses services such as:
Transportation of pharmaceutical products, medical devices, and biological samples.
Storage and warehousing of temperature-sensitive goods.
Supply chain management for clinical trials.
Free Sample Copy: https://www.marketresearchfuture.com/cat-intel/sample_request/97
Key Players
Leading Companies in the Clinical Logistics Market
DHL Supply Chain
Kuehne + Nagel
World Courier
UPS Healthcare
FedEx Logistics
CEVA Logistics
Panalpina (now part of DSV)
Geodis
C.H. Robinson
DB Schenker
Key Market Drivers
1. Growth in Clinical Trials
The pharmaceutical and biotechnology sectors are experiencing a surge in clinical trial activities, particularly for vaccines, biologics, and personalized medicines. These trials require efficient logistics solutions to manage the transportation and storage of investigational drugs, specimens, and related materials.
2. Advancements in Cold Chain Logistics
The proliferation of biologics and biosimilars, which are highly sensitive to temperature changes, has necessitated the development of robust cold chain logistics. Innovations in packaging, monitoring technologies, and temperature-controlled transportation are bolstering the market.
3. Rising Demand for Home Healthcare Services
The shift towards home-based healthcare services, driven by patient preference and cost-effectiveness, has increased the demand for last-mile logistics solutions. This includes the delivery of medical supplies and equipment directly to patients' homes.
4. Regulatory Compliance
Stringent regulatory requirements for the transportation and storage of medical goods are compelling logistics providers to adopt advanced solutions. This ensures compliance with guidelines such as the Good Distribution Practices (GDP) and the Good Manufacturing Practices (GMP).
Read Full Cat-int Report: https://www.marketresearchfuture.com/cat-intel/procurement-intelligence-clinical-logistics-market
Key Challenges
1. High Operational Costs
The implementation of advanced technologies, coupled with the need for specialized equipment for temperature-sensitive goods, significantly increases operational costs.
2. Regulatory Barriers
Compliance with varying international and regional regulations poses a challenge for logistics providers. Non-compliance can result in delays, penalties, or loss of goods.
3. Supply Chain Disruptions
Natural disasters, geopolitical tensions, and pandemics can disrupt supply chains, impacting the timely delivery of critical medical supplies.
4. Lack of Skilled Workforce
The sector requires a workforce skilled in handling specialized logistics operations, particularly in areas such as cold chain management and regulatory compliance.
Future Trends
1. Integration of Technology
The adoption of advanced technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT) is transforming the clinical logistics market. These technologies enhance real-time tracking, ensure supply chain transparency, and optimize operations.
2. Focus on Sustainability
With growing awareness about environmental sustainability, companies are adopting eco-friendly practices such as using electric vehicles for transportation and reducing packaging waste.
3. Expansion in Emerging Markets
Emerging economies in Asia, Africa, and Latin America are witnessing a surge in healthcare investments, creating opportunities for clinical logistics providers to expand their footprint.
4. Growth in Decentralized Clinical Trials (DCTs)
The rise of decentralized clinical trials, where patient data is collected remotely, is increasing the need for efficient logistics solutions to deliver study materials directly to participants.
Read More:
"Category Intelligence Polypropylene Market
nEnhancing Supply Chain Management and Risk Management"
https://www.marketresearchfuture.com/cat-intel/procurement-intelligence-polypropylene-market
"Category Intelligence Aluminium Market
nEnhancing Supply Chain Management and Risk Management"
https://www.marketresearchfuture.com/cat-intel/procurement-intelligence-aluminium-market
"Category Intelligence Carbon Steel Market
nEnhancing Supply Chain Management and Risk Management"
https://www.marketresearchfuture.com/cat-intel/procurement-intelligence-carbon-steel-market
"Category Intelligence Copper And Copper Semis Market
nEnhancing Supply Chain Management and Risk Management"
https://www.marketresearchfuture.com/cat-intel/procurement-intelligence-copper-and-copper-semis-market
"Category Intelligence External Audit Services Market
nEnhancing Supply Chain Management And Risk Management"
https://www.marketresearchfuture.com/cat-intel/procurement-intelligence-external-audit-services-market
"Category Intelligence Stainless Steel Market
nEnhancing Supply Chain Management And Risk Management"
https://www.marketresearchfuture.com/cat-intel/procurement-intelligence-stainless-steel-market
"Category Intelligence Acetone Market
nEnhancing Supply Chain Management and Risk Management"
https://www.marketresearchfuture.com/cat-intel/procurement-intelligence-acetone-market
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street,5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
About US:
Market Research Future® (Part of WantStats Research and Media Pvt. Ltd.) has specialized research analysts in the areas of Aerospace & Defense, Automotive, C&M, Energy & Power, F&B, Healthcare & Pharmaceutical, ICT, Industrial Equipment, Packaging Construction & Mining and Semiconductor.
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR's approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.
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 Procurement Intelligence for Clinical Logistics Market Set to Grow at a 8% CAGR from 2024 to 2032 here
News-ID: 3820204 • Views: …
More Releases from Market Research Future (MRFR)
Payment Service Provider Market Projected to Hit USD 140.91 Billion at a 5.48% C …
Market Overview:
The Payment Service Provider (PSP) market has witnessed substantial growth over the past decade, driven by the explosive rise in digital commerce, mobile payments, and cross-border transactions. As businesses strive to streamline payment processes and deliver frictionless experiences to customers, the demand for robust, secure, and scalable PSP solutions has surged.
PSPs serve as intermediaries between merchants and financial institutions, enabling the acceptance of electronic payments via multiple methods…
Boundary Scan Hardware Market Poised for Growth, Reaching USD 3.16 Billion by 20 …
Market Overview:
The Boundary Scan Hardware Market has emerged as a crucial segment within the electronics testing and debugging industry, offering advanced solutions for fault detection and circuit verification in integrated circuits (ICs) and printed circuit boards (PCBs). Leveraging the IEEE 1149.1 standard, boundary scan commonly referred to as JTAG (Joint Test Action Group) provides a non-invasive and efficient testing methodology that minimizes the need for physical probes. Boundary Scan Hardware…
Metaverse for Automotive Market is Expected to Touch USD 123.51 Billion By 2034
Market Overview:
The Metaverse for Automotive Market is redefining how automakers, suppliers, and consumers interact in a digitally immersive world. With the integration of AR/VR, IoT, blockchain, and AI technologies, the automotive industry is stepping into the virtual realm to enhance everything from product design and manufacturing to marketing, sales, and customer service.
The global rise in digital transformation, coupled with increasing consumer demand for interactive and customized experiences, is fueling…
AGV Software Market to Grow at 10.82% CAGR, Hitting USD 6.46 Billion by 2034
Market Overview:
The AGV Software Market is rapidly evolving as industries shift towards intelligent automation and digital transformation in their logistics and material handling operations. AGV software acts as the brain of autonomous vehicles, enabling seamless navigation, scheduling, route optimization, fleet coordination, and task management. With the growing demand for efficient, contactless, and error-free logistics, AGV systems have found significant adoption across warehouses, manufacturing plants, ports, and healthcare facilities. AGV Software…
More Releases for Management
Gym Management Software Market By Functions - Scheduling Appointments, Waitlist …
MarketResearchReports.Biz announces addition of new report "Gym Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its database.
Gym management software is a software solution which allows the users to manage the different processes associated with running a gym in an efficient and effective manner. These software solutions are generally multifunctional and can manage all the diverse processes associated with managing a gym…
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will…
Cloud Project Portfolio Management Market Report 2018: Segmentation by Applicati …
Global Cloud Project Portfolio Management market research report provides company profile for CA Technologies (New York, U.S.), HPE (California, U.S.), Changepoint Corporation (Richmond Hill, Ontario), Clarizen, Inc. (California, U.S.), Microsoft Corporation (Washington, U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Prescriptive analytics Market Outlook 2025 focus On: Risk Management, Operation …
A detailed market study on "Global Prescriptive analytics Market" examines the performance of the Prescriptive analytics Market. It encloses an in-depth Research of the Prescriptive analytics Market state and the competitive landscape globally. This report analyzes the potential of Prescriptive analytics Market in the present and the future prospects from various prospective in detail.
Get Free Sample Report@ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-prescriptive-analytics-market
Prescriptive analytics market accounted for USD 1.20 billion growing at a CAGR of…
Facility Management Market Solutions & Services (Real Estate & Lease Management, …
ReportsWeb.com added “Global Facility Management Market to 2025” to its vast collection of research Database. The report classifies the global Facility Management Market in a precise manner to offer detailed insights into the aspects responsible for augmenting as well as restraining market growth.
Facility Management is an essential part which handles all functions related to enterprise and helps in streaming all the operations with reducing cost. Managing life cycle management of…
Telecom Expense Management Market Analysis For Financial Management, Order Manag …
The telecom expense management (TEM) market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast period and 2015 is the base year. The report covers all the major trends and technologies playing a key role in telecom expense management market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said…
