Latest News- Healthcare Logistics Market in Canada: Non-cold chain is expected to lead the Type segment during 2025-2029

The Healthcare Logistics Market in Canada is being driven by Legislative and regulatory changes supporting pharma growth

The Healthcare Logistics Market in Canada is expected to grow at a CAGR of 9.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2218.9 million. In the realm of healthcare, Canada's logistics sector is experiencing a significant transformation through the integration of Industry 4.0 technologies. This revolution encompasses the adoption of emerging digital technologies and smart automation in healthcare production and delivery processes. Technologies such as 3D printing, additive manufacturing, the Industrial Internet of Things (IIoT), artificial intelligence (AI), augmented reality, virtual reality, and big data analytics are driving this change. By implementing connected and smart systems, healthcare facilities are able to monitor patients effectively in real-time and provide efficient, data-driven treatment. This technological evolution is crucial for gaining strategic and operational advantages in the Canadian healthcare logistics market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Non-cold chain
  • Cold chain
• Service
  • Transportation
  • Warehousing
• Product
  • Pharmaceutical products
  • Medical devices
• Geography
  • Canada

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Legislative and regulatory changes supporting pharma growth
• Growing pharmaceutical sales
• Increasing development of healthcare products with special logistics needs

However, the market also witnesses some limitations, which are as follows:

• Shortage of transportation drivers resulting in higher lead time
• Managing inventory loss and increased stock-keeping units (SKUs) at warehouses
• Barriers in cold chain pharmaceutical logistics

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Market Scope in Healthcare Logistics Market in Canada Research Report

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Research Analysis Overview

The Canadian Healthcare Logistics Market encompasses various sectors including Reverse Logistics, Medical Waste Management, Virtual Care, Precision Medicine, Personalized Healthcare, Gene Therapy, 3D Printing, Artificial Intelligence, Machine Learning, Internet of Things, Blockchain Technology, Cloud Computing, Regulatory Compliance, Risk Management, Contract Logistics, Third-Party Logistics, Freight Forwarding, Courier Services, Fleet Management, Driver Management, Logistics Optimization, Network Design, Warehousing Solutions, Distribution Centers, Cold Storage Facilities, Inventory Control, Demand Forecasting, Order Management, Customer Service, Performance Measurement, Cost Analysis, Operational Efficiency, Sustainability Initiatives, Environmental Impact, Social Responsibility, Corporate Social Responsibility, Supply Chain Transparency, Ethical Sourcing, and Labor Standards. These areas focus on managing the supply chain of healthcare products and services, ensuring regulatory compliance, optimizing logistics, and promoting sustainability and social responsibility. Services range from reverse logistics and medical waste management to advanced technologies like AI, ML, IoT, and blockchain, as well as traditional offerings such as freight forwarding, courier services, and fleet management. Additionally, there is a growing emphasis on virtual care, precision medicine, personalized healthcare, and gene therapy, which require specialized logistics solutions. Overall, the Canadian healthcare logistics market is evolving to meet the complex needs of the healthcare industry, prioritizing operational efficiency, cost analysis, and ethical sourcing.

Market Research Overview

In the healthcare sector, Canada's air freight and logistics market encompasses the revenue generated by companies offering air freight transportation, courier services, and logistics solutions for medical supplies, healthcare equipment, diagnostic tests, blood products, clinical trials, and hospital supplies. According to Technavio, the global air freight and logistics market size is determined by the earnings of providers in this field. This market entails monitoring of goods in transit until their delivery, with key growth drivers including the surge in cross-border e-commerce activities related to healthcare products and the increasing demand for expedited delivery of time-sensitive medical supplies.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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