A recent
report published by Infinium Global Research on bio-pharmaceutical logistics
market provides in-depth analysis of segments and sub-segments in the global as
well as regional bio-pharmaceutical logistics market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional bio-pharmaceutical logistics market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of global bio-pharmaceutical logistics market. According to the
report, the global bio-pharmaceutical logistics market is projected to grow at
a CAGR of 7.8% over the forecast period of 2019-2025.
In an
organization, logistics deals with the procurement, planning, and
implementation of process activities in the forward and reverse transportation
of goods from one place to another. Temperature control, regulatory compliance,
security, safety and chain of custody are the key obstacles for the
biopharmaceutical manufacturers at every turn from the manufacturing stage to
distribution. As a remedy, the strategic supply chain management will help the
manufacturers to overcome these obstacles. Logistics is the key integral part
of supply chain management, which deals with procurement, planning, and
implementation of all the logistics activities in an organization. The
pharmaceutical industry utilizes logistic services for the complete administration
of the distribution of medicinal products and devices to different end users
where they are required. These logistics services help the biopharmaceutical
companies have a continuous supply of drugs, and other components from
suppliers and distributors of various locations.
The strong
biopharmaceutical sales coupled with a rapidly growing biopharmaceutical
industry is the primary factor that drives the growth of biopharmaceutical
logistics market. The top players in the pharmaceutical market are investing
heavily in biopharmaceutical innovations and advancements. Thus, this is
anticipated to escalate the growth of biopharmaceutical logistics market
worldwide. Additionally, increasing bio-similar launches are contributing to
the growth of the biopharmaceutical logistics market. The introduction of
mobile cloud solutions, robotics, real-time monitoring and other advanced
technologies in the biopharmaceutical logistics are boosting the growth of
biopharmaceutical logistics market.
Moreover, ongoing innovations in the logistics and interactions of cloud
computing and software are projected to create several growth opportunities in
the biopharmaceutical logistics market in the near future.
Among the
geographies, North America holds the maximum market share in the
biopharmaceutical logistics market followed by Europe. North America is
anticipated to dominate the growth of biopharmaceutical logistics market over
the forecast period. High adoption of cloud-based solution in the
biopharmaceutical logistics is the key factor that drives the growth of North
America biopharmaceutical logistics market. Furthermore, Asia Pacific is the
fastest growing region in the biopharmaceutical logistics market. The growing
demand for the cold chain transport coupled with rapidly developing
biopharmaceutical accountable for the growth of biopharmaceutical logistics
market in the Asia Pacific.
The report on
global bio-pharmaceutical logistics market covers segments such as transport,
product type, and mode of transportation. On the basis of transport, the
sub-markets include cold-chain transport, and non cold-chain transport. On the
basis of product type, the sub-markets include generic drugs, and branded
drugs. On the basis of mode of transportation, the sub-markets include air
shipping, sea shipping, road shipping, and rail shipping.
The report
provides profiles of the companies in the market such as Fedex Corporation,
Deutsche Post DHL Group, Panalpina World Transport Ltd, United Parcel Service,
Inc., Ceva Logistics LLC, Amerisource Bergen Corporation, Panalpina Group,
Kuehne + Nagel International AG, C.H. Robinson Worldwide, Inc., XPO Logistics,
Inc., and Other Companies.
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of bio-pharmaceutical logistics market.
Moreover, the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.
Please Choose One of them.