Biopharmaceutical Logistics Market Overview
The pharmaceutical industry is dynamic and is likely to experience a high growth in the coming years. Today, growing sales of drugs and biologics, changing dynamics of the pharmaceutical industry, and stringent regulatory controls are some of the factors boosting the demand for pharmaceutical logistics services.
According to the new report published by Straits Research, titled “”Biopharmaceutical Logistics Market Research Report: Global Opportunity Analysis and Industry Forecast, 2019 – 2026.”” The aim of the report is to estimate the size of the Global Biopharmaceutical Logistics Market and the growth potential across different segments and sub-segments. The report provides a detailed analysis of the major factors influencing the market growth, including the drivers, restraints, lucrative opportunities, industry-specific challenges, and recent developments.
Global biopharmaceutical logistics market is expected to reach USD 131,554.1 million by 2026 from USD 82,564.8 million in 2018 at a CAGR of 6.2% during the forecast period 2019–2026
Outsourcing logistics operations is trending in the pharma industry for cost optimization and technology advancement. Pharmaceutical companies are facing tremendous pressure for cutting down the cost of drugs and biologics. Thus, outsourcing logistics is one of the key strategies adopted by these companies to control their operational costs.
Competitive Analysis
- DHL International GmbH.
- United Parcel Service of America, Inc
- SF Express
- DB Schenker
- AmerisourceBergen Corporation
- Kerry logistics Network Limited,
- Kuehne and Nagel
- Agility
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Research Methodology:
The research methodology used to estimate and forecast the size of the Global Biopharmaceutical Logistics Market Analysis began with collecting the data on the revenues of key vendors through secondary sources like company websites, annual reports, press releases, financial data, investor presentations of companies, articles, news, white papers, certified publications, and government publishing sources. Furthermore, the report considers the vendor offerings to determine the market segmentation.
Market Segmentation:
By Supply Chain
- Cold chain
- Non cold chain,
By Type of Services
- Transportation
- Air
- Sea
- Overland
- Warehousing
- Others
The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2019 to 2026 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
- North America (U.S., Canada)
- Europe (U.K., Germany, France, Italy)
- Asia Pacific (China, India, Japan, Singapore, Malaysia)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key Findings of the Report:
- The global Biopharmaceutical Logistics market forecast is studied from 2019 to 2026.
- The research study includes a thorough analysis of the current research and developments in the market globally.
- The report presents a market definition along with the list of leading players and analyses their strategies to determine the market’s competitive outlook.
- The report also studies the drivers, restraints, opportunities, and challenges of the global Biopharmaceutical Logistics market.
- The study provides the historical data and forecasts revenue of the market segments and sub-segments with respect to five main geographies and their countries- North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- The market for Biopharmaceutical Logistics is partially consolidated and competitive in nature, with the presence of leading players.
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Other features of the report:
- Gives a thorough analysis of the key strategies with a focus on the corporate structure, R&D methods, localization strategies, production capabilities, sales, and performance in various companies.
- Provides valuable insights on the product portfolio, including product planning, development, and positioning.
- Analyses the role of key Biopharmaceutical Logistics market players and their partnerships, mergers, and acquisitions.
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