Global Bio-Pharmaceutical Logistics Market 2018 Share, Revenue, Consumption, Manufacturers and Suppliers


Posted October 30, 2018 by sampada92

The report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market.

 
Increasing number of patents and rise in global pharmaceutical industry are expected to be the key factors for the growth of bio-pharmaceutical market in the coming years. In he coming few years, patent rights for several leading drugs are set to expire, indicating shift of large portion of sales from original brand manufacturer to generic manufacturers. Similar to other sectors, the pharmaceutical industry is also undergoing the geographic shift in its production facilities and sales markets. Markets like Asia, Latin America, Middle East, China are becoming increasingly attractive to these pharmaceutical companies. However, these markets are considered as the most challenging in terms of supply chain regulations.

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 pharmaceutical companies have a continuous supply of drugs, devices and equipment from suppliers and distributors of various locations. Nowadays, most of the pharmaceutical companies are outsourcing their logistics services to third party providers known as LSPs (Logistics Service Providers) to focus on their core business activities such as marketing, sales and research & development activities. The outsourcing of logistics services is becoming core of business strategies in most of the organizations, as a cost cutting program. The market based on region, is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA).

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Pharmaceutical logistics aids in handling transport issues such as, temperature control, regulatory compliance, security, safety and chain of custody are for bio-pharmaceutical manufacturers at every turn. In every organization, logistics is the key integral part of the supply chain management, which deals with procurement, planning and implementation of all the logistics activities. The effective logistics management will help the pharmaceutical companies to have a constant supply of drugs, devices and equipment from various dealers and distributors in different locations.

Segmentation:        

Global Bio-pharmaceutical Logistics Market by Type Of Transport

Cold-Chain Transport
Non Cold-Chain Transport
Global Bio-pharmaceutical Logistics Market by Product Type

Generic Drugs
Branded Drugs
Global Bio-pharmaceutical Logistics Market by Mode of Transportation

Air Shipping
Sea Shipping
Road Shipping
Rail Shipping
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Global Bio-Pharmaceutical Logistics Market Players List:

Deutsche Post DHL Group

FedEx Corporation

Panalpina World Transport Ltd.

United Parcel Services, Inc.

Regional Overview:

The regional segments pharmaceutical logistics market is North America, Europe, Asia Pacific, Latin America and MEA. Recently industrial professionals have launched pharma logistics network to meet the growing need for global association of specialist forwarders, where resources, capability, and infrastructure are collaborated to meet the client demand particularly emphasizing on bio pharma cold chain requirements. Asia Pacific region is expected to grow at a lucrative rate owing to high economic growth in the emerging economies such as India and China, resulting in the formation of new health markets during the forecast period. In order to maintain the growth and reach to a higher level, the Indian drug manufacturers are opting for high standards of goods manufacturing practices.

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Categories Health
Tags biopharmaceutical logistics industry , biopharmaceutical logistics market , biopharmaceutical logistics market size , global biopharmaceutical logistics market 2018
Last Updated October 30, 2018