Biopharmaceutical Logistic Market Size, Segments, and Growth by 2031

MARKET INTRODUCTION

Biopharmaceuticals fall under the category of sophisticated products and require proper handling. Precision drugs and gene therapies require a temperature-controlled supply chain. With an increasing number of precision medicine and gene treatments, the biopharmaceutical market is pegged to grow. Additionally, outsourcing logistics services offer many advantages to pharmaceutical manufacturers in terms of cost-effectiveness and distribution of temperature-sensitive pharmaceutical products.

MARKET DYNAMICS

Notable sales of pharmaceutical products and the increasing trend of outsourcing logistics operations are significant biopharmaceutical drives logistics services worldwide. The growth is attributed to the increasing demand for household healthcare products and the rising importance of fast track assistance. Increasing production of biologics, vaccines, hormone treatments, which require cold chain shipment is further propelling the growth of the market. Therefore, increasing the requirement of transportation and delivery of pharmaceutical products at a specific temperature in the forecast period. Furthermore, the need for maintaining the functionality of drugs and minimizing distribution costs is further boosting the growth of the market. Moreover, technological advancements in the field of a supply chain are driving the growth of logistic services. For instance, in the last few years, drones have increasingly become part of the biopharmaceutical supply chain, expanding supply chain capabilities, and providing medical supplies to the epidemic outbreak and natural disaster-hit areas.

MARKET SCOPE

The "Global Biopharmaceutical Logistic Market Analysis to 2031" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of biopharmaceutical logistic market with detailed market segmentation by type, service type and geography. The global biopharmaceutical logistic market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Biopharmaceutical Logistic market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global biopharmaceutical logistic market is segmented on the basis of type, and service type. Based on type, the market is segmented as cold chain and non-cold chain. Based on service type, the market is segmented as logistics and procedures. Logistics services are further sub divided into sea freight, airfreight and overland. Procedure services are further sub categorized into picking, storage, retrieval systems and handling systems.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global biopharmaceutical logistic market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The biopharmaceutical logistic market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Biopharmaceutical Logistic market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the biopharmaceutical logistic market in these regions.

MARKET PLAYERS

The report covers key developments in the biopharmaceutical logistic market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from biopharmaceutical logistic market are anticipated to lucrative growth opportunities in the future with the rising demand for Biopharmaceutical Logistic market in the global market. Below mentioned is the list of few companies engaged in the biopharmaceutical logistic market.

The report also includes the profiles of key biopharmaceutical logistic market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Agility
•  Kerry Logistics Network Limited
•  KUEHNE + NAGEL
•  United Parcel Service of America, Inc.
•  SF Express
•  DHL International GmbH
•  DB Schenker
•  FedEx
•  CEVA Logistics
•  Continental Carriers

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Biopharmaceutical Logistic Report Scope