The Market Statsville Group (GMS) publishes the new report on the “Healthcare Logistics Market by product (Pharmaceuticals and medical devices)by Feature (Transport, storage and others)by End–Users (Pharmacies, healthcare facilities, research and diagnostic laboratories and others)by region – Global share and forecast until 2027“. Global Healthcare Logistics Market Size Expected to Grow from USD 144.2 billion in 2021 to USD 264.7 billion by 2030, at a CAGR of 7.8% during the forecast period. Most healthcare providers focus on their core business and outsource their secondary business to third parties.–party logistics providers. Additionally, increased cost pressures create incentives to find innovative ways to serve current and new markets, geographies, and customers.. Outsourcing allows these companies to access resources and capabilities not available internally. Additionally, outsourcing allows these companies to free up human resources and capital and focus on their core business processes, including R&D initiatives and the manufacturing of drugs, vaccines, medical supplies or devices. medical.. The main growth driver of the global healthcare logistics market is the growing global demand for pharmaceuticals and medical devices. The production of pharmaceuticals and medical devices is becoming increasingly complex as companies expand their product portfolios to adapt to rapidly changing market conditions and meet customer demands.
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Segmentation of the global healthcare logistics market
The healthcare logistics market has been segmented into product, feature, end–users and region.
- By product (Pharmaceuticals and medical devices)
- By feature (Transport, storage and others)
- By End–Users (Pharmacies, healthcare facilities, research and diagnostic laboratories and others)
- By region (United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, United Arab Emirates, South Africa, Qatar , Nigeria, Israel, Brazil, Argentina, Peru)
Transportation, by functionality, is estimated to hold the largest market share during the forecast period
Global healthcare logistics market is segregated into transportation, warehousing and others based on functionality. The transportation segment of the global healthcare logistics market accounted for 72.89% of the market in 2021. Several modes of transport are available to transport goods or passengers from one place to another. Additionally, the transportation industry is one of the largest employers in the world and is of vital importance to global economies.. The transport sector comprises several industries, including air cargo and logistics, marine, road and rail, airlines and transport infrastructure.. Railways, shipping, airlines, trucking and logistics companies provide transportation infrastructure.
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The performance of companies providing transport services is very sensitive to fluctuations in company profits and the price of transport services. Major factors affecting transportation company earnings include demand for services, geopolitical events, fuel and labor costs, and government regulations.. Moreover, many of these factors are related. For example, if the US government passes strict regulations that make it harder for people to get their commercial driver’s license, there will be a marked drop in the supply of drivers.. Therefore, the cost of hiring drivers will increase.
North America Accounts for Largest Market Share in Healthcare Logistics Market 2021
On the basis of region, the global healthcare logistics market has been segmented into North America, Asia–Pacific, Europe, South America, Middle East and Africa. In 2021, North America accounted for a revenue share of 38.28% in the global healthcare logistics market. Healthcare logistics involves the movement of medical devices and pharmaceuticals from the manufacturing unit to their end user. As the region’s geriatric population continues to grow, the incidence of chronic diseases has also increased, which has created a demand for modern healthcare products and services and better medical assistance to deal more effectively with the increasing number of patients with chronic diseases.. Hence, this has propelled the need for safe and secure transportation of pharmaceuticals and medical equipment and devices in this region..
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In July 2020, a law was imposed to support trade in North America. The United States faces certain challenges as demand for medical products reduces supply to exceptional levels. However, there is a similar challenge in Mexico, but with relatively less pressure than in the United States.. One of the main suppliers–related challenges in Mexico is security, as there is no high growth model in the owner–operator capability community. Currently, both in Canada and within–canadian cross–border trucking experiences fluctuations in supply and demand. Canadas‘ five major cities are experiencing an imbalanced flow of medical goods.
This research report comprises a study on development and marketing strategies as well as a study on product portfolios and winning strategies of leading companies operating in the Healthcare Logistics market.. It also includes profiles of leading companies such as FedEx Corporation, CEVA Logistics, AmerisourceBergen, Deutsch Post DHL, Kuehne + Nagel, DB Schenker, C.H. Robinson, XPO Logistics, Cardinal Health, Owens & Minor, Lufthansa Cargo, DSV, Farmasoft, Cold Chain Technologies, Medline, Oximio, Maersk, Alloga, Bolloré Logistics and PHEONIX Group
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About Market Statsville Group
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