Global Healthcare Logistics Market 2019 – Industry Analysis, Size, Share, Strategies and Forecast to 2025
Oct 4, 2019
Latest Market Analysis Research Report on “Global Healthcare Logistics Market” has been added to Wise Guy Reports database.
Pune , India - October 4, 2019 /MarketersMedia/ —
Global Healthcare Logistics Industry
New Study On “Global Healthcare Logistics Market 2019 Industry Analysis, Segment & Forecast Up to 2022” Added to Wise Guy Reports Database
The global healthcare logistics market is witnessing momentous growth during the forecast period ranging right from production to distribution. Mounting seaborne pharmaceutical transportation is one of the most vital reasons for the ascension of the global healthcare logistics market, as per the latest report published by . Owing to the elevated cost of fuel and rising carbon emissions which are involved with roadways and air transportation, manufacturers are estimated to gravitate towards seaborne logistics options. Seaborne transit is likely to benefit pharmaceutical manufacturers through the mitigation of other production expenses and avoiding road traffic congestion. Multiple international pharmaceutical companies are already observed to prefer and incline towards seaborne shipments, including Baxter and AstraZeneca.
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In addition, the emergence of drones in the healthcare logistics market is driving the market during the forecast period. Drones have the capacity of fast delivery of essential and urgent healthcare packages such as medicines, essential healthcare supplies, small-sized and low-weight devices, as well as pharmaceutical drugs to remote and inaccessible locations. It has also enabled logistic companies to use real-time information to customize their supply chain model in an effective manner. This is anticipated to create new market opportunities for healthcare logistics players.
Market Segmentation
The global healthcare logistics market is studied for several segments that are based on type, application, and region. Based on type, the global healthcare logistics market is segmented into branded drugs and generic drugs.
Based on application, the global healthcare logistics market is segmented into inland, marine, and aviation. Among these, the marine segment is estimated to garner the largest share of the global healthcare logistics market during the forecast period.
Detailed Regional Analysis
The global healthcare logistics market is segmented into the regions of North America, South America, the Middle East & Africa, Asia Pacific, and Europe. Among these regions, the APAC region’s healthcare logistics market accounted for the largest market share over the forecast period. Further, this region is also estimated to retain its dominance over the market through the forecast period. Such a dominant hold on the global market can be accredited to the rising awareness among people and a growing number of health-conscious people.
Moreover, upscaling population and mounting prevalence of geriatric population are other factors contributing to the growth of the market. Ascension in the incidence of several chronic illnesses and lifestyle-related diseases such as diabetes, sleep apnea caused due to obesity and obesity are factors fostering the growth of the healthcare sector, which in turn, are contributing to the snowballing healthcare logistics market.
Key Players
Some of the prominent players which are profiled in the latest report include DB Schenker, Deutsche Post DHL, Kuehne + Nagel, CEVA Holdings, FedEx, Continental Cargo, Agility, Air Canada Cargo, Biocair, Igloo Thermo Logistics, Nordic Logistics and Warehousing, VersaCold Logistics Services, World Courier, Panalpina, LifeConEx, Helapet, Marken, and CSafe. These market players are observed to undertake several organic and inorganic expansion strategies to capture larger shares of the market and gaining a competitive edge over their peers.
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