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May 08, 2020 Xherald — The New report includes a detailed study of Global Pharmaceutical Drugs And Biologics Logistics Market. It is the result of a comprehensive research carried out keeping in mind the different parameters and trends dominating the global Pharmaceutical Drugs And Biologics Logistics Market.
Both primary and secondary research has been carried out to arrive at the desired outcome. The primary research included feedback, opinion, and suggestion provided by the people and organization residing in the key markets as identified the industry experts.
The global pharmaceutical drugs and biologics logistics market grew from $70.2 billion in 2013 to $79.9 billion in 2017 at a compound annual growth rate (CAGR) of 3.3%. It is expected to grow from $79.9 billion in 2017 to $96.1 billion in 2021 at a CAGR of 4.7%.
Major players in the market are Deutsche Post DHL Group, FedEx Corporation, Panalpina World Transport (Holding) Ltd, Kuehne + Nagel, DB Schenker.
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Pharmaceutical drugs and biologics logistics' covers the physical movement of pharmaceutical and biologic drugs from the manufacturer to the end-user. It includes the transportation, warehousing, inventory management and other logistics functions. The market consists of those pharmaceutical drugs and biologics logistics that are outsourced to logistics companies instead of handled in-house by the pharmaceutical companies.
Scope:
Markets Covered: 1) By Type of Service – cold-chain logistics and non-cold chain logistics 2) By Mode of Transport: air transportation, ocean transportation and land transportation 3) By Product Type: pharmaceutical drugs and logistics 4) By Therapeutic Area – musculoskeletal, cardiovascular, oncology, anti-infective, metabolic disorders, central nervous system, genito-urinary, respiratory, gastro-intestinal, hematology, dermatology, ophthalmology
Countries: USA, UK, Germany, France, Italy, Spain, Russia, Brazil, Australia, China, India, Japan.
Regions: Asia-Pacific, North America, South America, Western Europe, Eastern Europe, Middle East & Africa.
The pharmaceutical drugs and biologics logistics market in North America was the largest in the world in 2017, accounting for about 37.8% of the total. This was mainly owing to the predominance of North America in the pharmaceutical drugs and biologics markets and the fact that the region has the least issues related to transportation of pharmaceutical products. The pharmaceutical drugs and biologics logistics market in Western Europe was the second largest in the world in 2017, accounting for 21% of the total.
Growth will result from increasing demand for drugs in general and in particular for temperature-sensitive biopharmaceutical products such as vaccines and blood plasma products. The pharmaceutical drugs and biologics logistics market has benefitted from rising pharmaceutical sales. Governments across the globe are continuously establishing new healthcare reforms triggering the growth of the pharmaceutical market, and rising income levels and urbanization in emerging economies also fuel its growth. The advantages to pharmaceutical manufacturers of outsourcing to logistics service providers are another driver. Low cost and greater visibility in the drug distribution chain are the main advantages of outsourcing logistics services and these are becoming an integral part of pharmaceutical companies' business strategy.
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Market Business Scenario 2020:
This research report represents a 360-degree overview of the competitive landscape of the Global Pharmaceutical Drugs And Biologics Logistics Market. Furthermore, it offers massive data relating to recent trends, technological advancements, tools, and methodologies. The research report analyzes the Global Pharmaceutical Drugs And Biologics Logistics Market in a detailed and concise manner for better insights into the businesses.
Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Pharmaceutical Drugs And Biologics Logistics Market. The feasibility of the new report is also measured in this research report.
About Market Insights Reports:-
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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sales@marketinsightsreports.com | irfan@marketinsightsreports.com
Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
COMTEX_365478681/2649/2020-05-08T02:48:44
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