Healthcare Logistics Market: Major Trends Reshaping the Future of the Industry

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

What Will the Healthcare Logistics Industry Market Size Be by 2025?
The growth of the healthcare logistics market has been quite remarkable of late. It is expected to inflate from $91.58 billion in 2024 to $99.53 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.7%. This growth during the historical period is primarily due to an increasing demand for transportation of pharmaceuticals and medical devices, the spread of global healthcare supply chains, a heightened attention on logistics for temperature-sensitive and specialized healthcare products, strict regulatory and compliance necessities, as well as the aging population.

What's the Long-Term Growth Forecast for the Healthcare Logistics Market Size Through 2029?
In the coming years, the healthcare logistics market is set to experience significant expansion, skyrocketing to a size of $147.63 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 10.4%. This predicted increase during the forecast period is primarily due to the surge in e-commerce and patient-focused healthcare delivery methods, increased demand for bespoke medicine and precision healthcare, as well as rising uptake of telemedicine and remote patient supervision, and an intensified focus on environmental consciousness and chronic disease escalation. Key forecast trends encompass the incorporation of blockchain technology for improved transparency and tracking, embracing advanced technology for inventory oversight, partnerships between logistics service providers and healthcare organizations, the application of analytical data and AI for predicting and optimizing logistics management, along with tailoring logistics solutions for high-risk and high-value medical goods.

View the full report here:
https://www.thebusinessresearchcompany.com/report/healthcare-logistics-global-market-report

What Are the Key Growth Drivers Fueling the Healthcare Logistics Market Expansion?
The expansion of worldwide pharmaceutical sales is predicted to stimulate the healthcare logistics market's development. The increased sale of pharmaceutical products or medicines requires effective logistics for their storage and transportation to pharmacies, drug shops, and other places, thereby elevating the need for healthcare logistics. The logistics strategies require certain equipment, storage facilities, uniform handling methods, and robust alliances among the cold chain associates for preserving the pharmaceutical consignments. The annual report from the Indian Ministry of Chemicals and Fertilizers, Department Of Pharmaceuticals, in July 2021, recorded a 1.78% rise in the import and export volume of pharmaceuticals from Financial year FY19 to FY20. Additionally, the Pharmaceutical Industry Report by the India Brand Equity Foundation in March 2022 estimated that India's domestic pharmaceutical industry would rise from USD 42 billion in 2021 to USD 65 billion by 2024, further reaching USD 120-130 billion by 2030. Consequently, the increasing worldwide pharmaceutical sales forecast an upswing in the demand for healthcare logistics over the projected period.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6911&type=smp

What Are the Key Trends Driving Healthcare Logistics Market Growth?
Tactical alliances and teamwork are molding the healthcare logistics sector. Major players in this market are concentrating on forming partnerships and collaborations, aiming to achieve shared objectives that can be more effortlessly accomplished by pooling resources, expertise, or abilities to streamline the process of drug re-stocking. For instance, Health Care Logistics Inc. (HCL), an American healthcare logistics organization, commenced a partnership with AmerisourceBergen, a health care products manufacturer in the US, in March 2023. This alliance permits users of AmerisourceBergen's RFID-tagged products to utilize HCL's Stat Stock inventory management system, enabling immediate tracking of items across their facility and enhancing patient safety throughout the process of medication usage. Stat Stock, an automated RFID-based system, significantly reduces the replenishment duration and prevents expired medicines from being circulated.

How Is the Healthcare Logistics Market Segmented?
The healthcare logistics market covered in this report is segmented -

1) By Service: Transportation, Warehousing
2) By Product: Pharmaceutical Products, Medical Devices, Medical Equipment
3) By Type: Branded Drugs, Generic Drugs
4) By End-Users Outlook: Pharmacies, Healthcare Facilities, Research and Diagnostic Laboratories

Subsegments:
1) By Transportation: Medical Supply Transportation, Pharmaceutical Transportation, Patient Transport Services, Last-Mile Delivery Services
2) By Warehousing: Storage Of Medical Supplies, Pharmaceutical Warehousing, Cold Chain Storage Solutions, Inventory Management Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6911&type=smp

Which Companies Are Leading the Charge in Healthcare Logistics Market Innovation?
Major companies operating in the healthcare logistics market include AmerisourceBergen Corporation, CEVA Logistics AG, Cold Chain Technologies LLC, Deutsche Post DHL Group, DHL Supply Chain, UPS Healthcare, FedEx HealthCare Solutions, DB Schenker, Kuehne + Nagel International AG, XPO Logistics Inc., Cardinal Health Inc., World Courier, Agility Logistics Corp., Marken, QuickSTAT, VersaCold Logistics Services, LifeConEx LLC, Expeditors International of Washington Inc., Cryoport Inc., Movianto GmbH, Hellmann Worldwide Logistics SE & Co KG, Lineage Logistics Holdings LLC, Logista Pharma SA, FedEx Custom Critical, BDP International Inc., Purolator Inc., MNX Global Logistics, Envirotainer AB, Yusen Logistics Co Ltd.

Which Regions Are Leading the Global Healthcare Logistics Market in Revenue?
North America was the largest region in the healthcare logistics market in 2024 and is expected to be the fastest growing region in the forecast period. The regions covered in the healthcare logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6911

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
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.

This release was published on openPR.