Press release
2025-2034 Bio-Pharmaceutical Logistics Market Roadmap: Insights for Competitive Advantage
Bio-Pharmaceutical Logistics
How Large Will the Bio-Pharmaceutical Logistics Market Size By 2025?
The size of the bio-pharmaceutical logistics market has seen a swift expansion in the recent past. It is set to rise from $143.19 billion in 2024 to a staggering $157.61 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 10.1%. The past growth surge is credited to an increase in clinical trials, global expansion of pharmaceutical supply chains, a surge in personalized medicine, the rise in temperature-sensitive clinical commodities, a shift toward patient-centered logistics, and initiatives related to pharmaceutical serialization.
How Big Is the Bio-Pharmaceutical Logistics Market Size Expected to Grow by 2029?
The size of the bio-pharmaceutical logistics market is anticipated to rise significantly over the course of the next few years, projecting a growth to $238.06 billion by 2029 with a CAGR of 10.9%. Several factors can be credited for this growth within the predicted time frame such as, the market expansion of gene and cell therapies, adoption of sustainable logistics methods, an increase in the development of orphan drugs, the rise in demand for both, biologics and biosimilars, and precision medicine logistics. The integration of technology within logistics, digitization of supply chains, risk mitigation, contingency planning, formation of strategic partnerships and collaborations, as well as patient-centric distribution models are considered to be the predominant trends within this forecast period.
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Which Key Market Drivers Powering Bio-Pharmaceutical Logistics Market Expansion and Growth?
The rise in biologic usage is projected to stimulate growth in the biopharmaceutical logistics market. Biologics are potent medicinal products derived from or containing components of living organisms. Due to their sensitivity, these biological drugs can have interactions with their containers or packaging components, necessitating storage at cold or even cryogenic temperatures. Biopharmaceutical logistics offer the handling of biopharmaceuticals such as plasma and temperature-sensitive products, thus facilitating access to vital healthcare products like biologics, medicines, and vaccines. As documented by the IQV, a pharmaceutical clinical research firm, in January 2024, there has been a 14% growth in global medicine usage over the past five years in a US-based company. Furthermore, an additional 12% growth is expected to occur by 2028, bringing the annual usage to 3.8 trillion defined daily doses. Hence, the escalating use of biologics is fueling the growth of the bio-pharmaceutical logistics market.
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Which Fast-Growing Trends Are Poised to Disrupt the Bio-Pharmaceutical Logistics Market?
One significant trend increasing in prevalence in the bio-pharmaceutical logistics field is the progression of technology. Corporations in this sector are shifting towards cutting-edge technologies to maintain their market standing. For example, in September 2022, an American company specializing in pioneering smart sensing solutions, named CubeWorks, introduced the CubiSens XT1. This follows as the first temperature tracker of its kind, designed to monitor biopharma products continuously throughout their lifecycle for temperature compliance and quality assurance. The XT1 includes the world's smallest temperature tracker and extremely small IoT sensing technology solutions, created explicitly for temperature-sensitive biopharma items. Current issues in cold chain logistics such as fragmented temperature observation, hurdles in data amalgamation, and partial supply chain tracking due to obsolete temperature data loggers can be overcome using CubiSens XT1. Powering this advancement is CubeWorks' exclusive ultra-low power system-on-chip solution that lessens the number of components in IoT devices by tenfold, enhancing its scalability and cost-effectiveness.
What Are the Emerging Segments in the Bio-Pharmaceutical Logistics Market?
The bio-pharmaceutical logistics market covered in this report is segmented -
1) By Type: Cold Chain Logistics, Non-Cold Chain Logistics
2) By Service: Transportation, Warehousing And Distribution, Value Added Services
3) By Retail Format: Specialty Stores, Hyper markets, Departmental Stores
4) By Application: Ground Shipping, Sea Shipping, Air Shipping
5) By End Users: Pharmaceuticals, Biopharmaceuticals, Pharmacies, Hospitals, Clinics, Super markets, Other End Users
Subsegments:
1) By Cold Chain Logistics: Refrigerated Transport, Temperature-Controlled Warehousing, Packaging Solutions, Monitoring Systems
2) By Non-Cold Chain Logistics: Ambient Transport, Standard Warehousing, General Packaging Solutions
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Who Are the Global Leaders in the Bio-Pharmaceutical Logistics Market?
Major companies operating in the bio-pharmaceutical logistics market include Kuehne + Nagel International AG, FedEx Corporation, SF Express Co. Ltd., Dalsey Hillblom and Lynn, Kerry Logistics Network Limited, AmerisourceBergen Corporation, United Parcel Service of America Inc., DB Schenker, Agility Public Warehousing Company K.S.C.P., C.H. Robinson Worldwide Inc., Ceva Logistics, Nippon Express, GEODIS S.A., Air Canada Cargo, World Courier Inc., QuickSTAT Global Life Science Logistics Inc., Marken, Biocair, Almac Group, PCI Pharma Services Holdings LLC, Cryoport Inc., MNX Global Logistics LLC., Movianto, Clinical Trial Logistics, Thermo Fisher Scientific, World Courier Management Inc., Cardinal Health Inc., Parexel International Corporation, Selvita S.A.
Which are the Top Profitable Regional Markets for the Bio-Pharmaceutical Logistics Industry?
North America was the largest region in the bio-pharmaceutical logistics market share in 2024. The regions covered in the bio-pharmaceutical logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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