Healthcare market growth is driven by growing global pharmaceutical sales. However, the increased complexity due to time delivery and the normalization of the supply chain may hinder market growth. On the other hand, the emergence of drones in healthcare logistics offers new opportunities in the coming years.
The growing geriatric population and the launch of a new product are the main factors driving the growth of the market. There is an increase in the number of chronic diseases and the need for better medical support. This has led to the development of new medical devices and the need for efficient transportation of tools and equipment. In addition, factors such as increased health care awareness and growth of medical knowledge among the consumers as a result of the internet are increasing the sale of over-the-counter drugs. With a small emphasis on consumer requirements, over-the-counter drug manufacturers are introducing a special treatment for the treatment of minor ailments, which, in turn, increases their sales. . As a result, growth in pharmaceutical sales is expected to increase demand for healthcare provision.
“The growing government initiatives and rising seafood transportation will greatly contribute to the growth of the market in the forecast period,” said a senior analyst at Technavio.
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Key recommendations from the report:
- By product, the pharmaceutical product segment accounted for the largest share of total revenue in 2020.
- Based on service, the transportation sector held the largest segment in 2020
- APAC took control of the market in 2020 and is expected to continue over the expected period.
- 36% of market growth will come from APAC in the forecast period.
- China and Japan the main markets for healthcare logistics are in APAC. Market growth in APAC will be faster than market growth in other sectors.
Top three healthcare provider companies:
Air Canada
Air Canada offering a wide range of healthcare procurement services that include air freight services, ocean freight services, land transportation, contract logistics, and supply chain solutions for pharmaceutical products and medical devices.
Corp. AmerisourceBergen
AmerisourceBergen Corp. operating a business through Pharmaceutical Distribution Services and other departments. The company offers a wide range of healthcare procurement services that include air freight services, ocean freight services, land transportation, contract logistics, and supply chain solutions for pharmaceutical products and medical devices.
Logistics CEVA AG
CEVA Logistics AG operates business through Product Management and Contract Logistics. The company offers a wide range of healthcare procurement services that include air freight services, ocean freight services, land transportation, contract logistics, and supply chain solutions for pharmaceutical products and medical devices.
Read the 120-page TOC report on “Healthcare Logistics market analysis report by product (pharmaceutical products and medical devices), service (transportation and warehouse), and geography (APAC, North America, Europe, MEA, and South America)., and segment projections during 2021-2025 “. Get competitive information about market leaders. Monitor key business opportunities, trends and threats.
Further details: https://www.technavio.com/report/healthcare-logistics-market-industry-analysis
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