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Comprehensive Pharmaceutical Supply Chain Management Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034

03-18-2025 07:42 AM CET | Health & Medicine

Press release from: The Business Research Company

Pharmaceutical Supply Chain Management Market Size

Pharmaceutical Supply Chain Management Market Size

What market dynamics are playing a key role in accelerating the growth of the pharmaceutical supply chain management market?
The pharmaceutical supply chain management market is predicted to grow due to the escalating demand for pharmaceutical products. These products, which include medications and drugs used for prevention, treatment, or management of various diseases, depend on effective pharmaceutical supply chain management. This ensures efficient production, distribution, and monitoring of medications, providing prompt access to crucial healthcare products. For instance, as per the European Federation of Pharmaceutical Industries and Associations, a Belgium-based trade association and lobbying organization, there was an increase of 4.88% in the production value of pharmaceuticals in Europe, between 2021 and 2022, from 347.31 billion USD (323,950 million euros) to 364.26 billion USD (340,000 million euros) in 2022. Thus, a booming demand for pharmaceutical products is expected to fuel the expansion of the pharmaceutical supply chain management market. A surge in chronic diseases is also predicted to help advance the growth of the pharmaceutical supply chain management market. Chronic diseases, which are long-term medical conditions persisting for three months or more, rely on pharmaceutical supply chain management. This facilitates a consistent and efficient movement of medications and treatments, helping to minimize delays, regulate costs, and assure the prompt availability of essential medications for patient management. For example, as per the National Institutes of Health (NIH), a US-based biomedical research agency, research predicts a substantial rise in chronic illness instances in the U.S. among the working-age demographic. They project a 99.5% increase in individuals aged 50 and above with at least one chronic disease between 2020 and 2035. Therefore, the rising occurrence of chronic diseases is stimulating the expansion of the pharmaceutical supply chain management market.

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How will the growth rate of the pharmaceutical supply chain management market shape industry trends by 2034?
The market size for pharmaceutical supply chain management has significantly expanded of late. The growth trajectory suggests an increase from $2.6 billion in 2024 to $2.86 billion in 2025, with a compound annual growth rate (CAGR) of 9.9%. Factors such as regulatory compliance, globalization, risk management, increased demand for personalized medicine, and sustainability are considered key influencers behind this growth in the historical period.

The market for managing the supply chain in the pharmaceutical sector is projected to expand significantly in the forthcoming years, reaching a valuation of $3.93 billion by 2029 with a consistent CAGR of 8.3%. Factors contributing to this anticipated growth during the forecast period encompass precision medicine, resilience planning, data protection, integration of e-commerce, round-the-clock monitoring, and visibility, along with circular economy drives. Notable trends foreseen during this period include the digital shift, advancements in technology, collaborations, better visibility, environmentally-friendly practices, the integration of advanced analytics and AI, as well as the adoption of blockchain technology.

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What trends are poised to drive the future success of the pharmaceutical supply chain management market?
Leading firms in the pharmaceutical supply chain management market are introducing cutting-edge products such as multi-enterprise supply chain work management tools to optimize supply chain practices and foster better collaboration across the pharmaceutical supply chain. A multi-enterprise supply chain work management tool is a specific software or program that's built to optimize and simplify various supply chain operations across several companies in the pharmaceutical industry. For example, TraceLink Inc., a US company that offers supply chain work management solutions, rolled out a product named TraceLink supply chain work management solution in April 2022. This product serves the healthcare and life sciences industries and is a kind of multi-enterprise supply chain work tool. The tool aims to create collaborative networks among firms and their trade partners and strives to boost the efficiency of integrated supply planning and execution processes by effectively addressing supply chain complexities and planning discrepancies like material deficits, short shipments, and modifications in forecasts. The tool provides transparent, actionable insights and adjustable business process templates for supply chain management, leading to improved fill rates, costs savings, and better performance of supply plans.

Which primary segments of the pharmaceutical supply chain management market are driving growth and industry transformations?
The pharmaceutical supply chain management market covered in this report is segmented -

1) By Component: Solution, Service
2) By Deployment Mode: On-Premise, Cloud Based
3) By End-Use: Healthcare Manufacturers, Healthcare Providers, Distributors, Logistics

Subsegments:
1) By Solution: Supply Chain Management Software, Inventory Management Systems, Order Management Systems, Transportation Management Solutions, Warehouse Management Solutions, Track And Trace Solutions, Demand Forecasting Solutions, Cold Chain Monitoring Solutions
2) By Service: Consulting Services, Integration And Implementation Services, Managed Services, Support And Maintenance Services, Logistics And Distribution Services, Training And Education Services

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Which geographical regions are pioneering growth in the pharmaceutical supply chain management market?
Asia-Pacific was the largest region in the pharmaceutical supply chain management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pharmaceutical supply chain management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the pharmaceutical supply chain management market landscape?
Major companies operating in the pharmaceutical supply chain management market report are McKesson Corporation, AmerisourceBergen Corporation, Cardinal Health Inc., Oracle Corporation, SAP SE, DSV Panalpina, UPS Healthcare, Parexel International Corporation, Spectrum Health Medical Group, Vizient Inc., Catalent Inc., Infor Inc., Epicor Software Corporation, Alvogen Inc., Vetter Pharma International GmbH, Almac Group, Manhattan Associates Inc., Global Healthcare Exchange LLC, CryoPDP, Tecsys Inc., Arvato Supply Chain Solutions, Terso Solution, Logitag Systems, Jump Technologies, Chain.io Inc.

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What Is Covered In The Pharmaceutical Supply Chain Management Global Market Report?

•Market Size Forecast: Examine the pharmaceutical supply chain management market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the pharmaceutical supply chain management market for a structured understanding.
•Key Players Overview: Analyze major players in the pharmaceutical supply chain management market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the pharmaceutical supply chain management market.
•Segment Contributions: Evaluate how different segments drive overall growth in the pharmaceutical supply chain management market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the pharmaceutical supply chain management market.
•Industry Challenges: Identify potential risks and obstacles affecting the pharmaceutical supply chain management market.
•Competitive Landscape: Review strategic developments in the pharmaceutical supply chain management market, including expansions, agreements, and new product launches.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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