Authored By: Sarah
19 Nov 2021

Healthcare Logistics Market | Market Highlights and Insights to Recovery from COVID-19
Market Forecast and Growth Projections 2021-2025

The healthcare logistics market is expected to grow by $ 67.73 billion, accelerating at a CAGR of almost 11% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Healthcare Logistics Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The Healthcare Logistics Market is segmented by Product (Pharmaceutical products and Medical devices), Service (Transportation and Warehousing), and Geography (APAC, North America, Europe, MEA, and South America).
  • In terms of geographic segmentation we found that 36% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Healthcare Logistics Market size.

 

Healthcare Logistics Market: Trends, Drivers, Challenges to impact growth

The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.

  • A key market driver for the Healthcare Logistics Market will be growing global pharmaceutical sales.
  • Increasing government initiatives is another factor that will be instrumental in driving market growth during the forecast period.
  • Increased complexities due to time-bound deliveries and customization of supply chain is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Healthcare Logistics Market Size to Grow by $ 67.73 Billion through 2021-2025 | Leading Segments and Market Trends

Healthcare Logistics Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Air Canada, AmerisourceBergen Corp., CEVA Logistics AG, Cold Chain Technologies LLC, Continental Cargo OU, Deutsche Post DHL Group, FedEx Corp., Kuehne + Nagel International AG, Schenker AG, and United Parcel Service Inc. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 11%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 67.73 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Growing global pharmaceutical sales will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    36% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Air Canada, AmerisourceBergen Corp., CEVA Logistics AG, Cold Chain Technologies LLC, Continental Cargo OU, Deutsche Post DHL Group, FedEx Corp., Kuehne + Nagel International AG, Schenker AG, and United Parcel Service Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Pharmaceutical products and Medical devices), Service (Transportation and Warehousing), and Geography (APAC, North America, Europe, MEA, and South America)

Technavio has been monitoring the healthcare logistics market and it is expected to grow by $ 67.73 billion, accelerating at a CAGR of 11% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

Healthcare Logistics Market: Emerging Trends to Impact Market Growth

The emergence of drones in healthcare logistics is one of the key healthcare logistics market trends. Drones can deliver essential healthcare supplies such as small-sized and low-weight medical devices, medicines, and pharmaceutical drugs to remote destinations. The technology enables logistics companies to use real-time information to customize their supply chain model effectively. This, in turn, improves the market opportunity for healthcare logistics players.

Healthcare Logistics Market Size to Grow by $ 67.73 Billion through 2021-2025 | Leading Segments and Market Trends

The rise in seaborne pharmaceutical transportation is one of the critical reasons that will drive healthcare logistics market growth. The high fuel costs and carbon emissions involved in roadways and air transportation are prompting pharmaceutical manufacturers to opt for seaborne pharmaceutical shipments. Seaborne transportation benefits pharmaceutical manufacturers by mitigating other production expenses and avoiding road traffic congestion. A number of multinational pharmaceutical companies, including Baxter and AstraZeneca, have already started using  seaways for their shipments.

Healthcare Logistics Market: Vendor Analysis

Healthcare Logistics Market Size to Grow by $ 67.73 Billion through 2021-2025 | Leading Segments and Market Trends

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Air Canada, AmerisourceBergen Corp., CEVA Logistics AG, Cold Chain Technologies LLC, Continental Cargo OU, Deutsche Post DHL Group, FedEx Corp., Kuehne + Nagel International AG, Schenker AG, and United Parcel Service Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report 

Healthcare Logistics Market Size to Grow by $ 67.73 bn through 2021-2025  

Technavio research projects the healthcare logistics market to grow by $ 67.73 bn, accelerating at a CAGR of over 11% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Healthcare Logistics Market: Receive FREE Sample Report


Healthcare Logistics Market: Key Market Driver

One of the primary factors that will trigger the growth of the healthcare logistics market size is Growing global pharmaceutical sales. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Healthcare Logistics Market Size to Grow by $ 67.73 Billion through 2021-2025 | Leading Segments and Market Trends

Healthcare Logistics Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Air Canada, AmerisourceBergen Corp., CEVA Logistics AG, Cold Chain Technologies LLC, Continental Cargo OU, Deutsche Post DHL Group, FedEx Corp., Kuehne + Nagel International AG, Schenker AG, and United Parcel Service Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

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