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Bio Pharmaceutical Logistics Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Bio Pharmaceutical Logistics Market- (By Logistics Type- Cold Chain Logistics and Non-Cold Chain Logistics; By Product Type- Generic Drugs and Branded Drugs; By Mode of Transportation- Air Shipping, Sea Shipping, Road Shipping and Rail Shipping; By Retail Format- Specialty Stores, Hyper Markets, Departmental Stores and Other Retailers; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 20-Apr-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0422204
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Bio Pharmaceutical Logistics Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 91.57 Bn
Expected Revenue in 2027        US$ 136.63 Bn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Bn)
CAGR6.5% (2022-2027)
Segments coveredBy Logistics Type, By Product Type, By Mode of Transportation, By Retail Format, By Region
Key Companies                                            Deutsche Post DHL, Kuehne+Nagel, DB Schenker, FedEx, Amerisource Bergen, XPO Logistics, Panalpina, Versacold, Agility, DSV and UPS among others
Customization Scope                  Get your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

These drugs are increasingly being used in practically all branches of medicine. They have become one of the most effective clinical treatment modalities for various diseases, including cancers and metabolic disorders.

Enhancement in the production rate of biologics, hormone medications, vaccines, complex proteins and temperature-specific by products requiring cold chain shipment has also witnessed significant growth in the bio-pharmaceutical logistics market.

The growth rate of the global bio pharmaceutical logistics market is 6.5%, with an estimated value of US$ 136.63 Billion by 2027. 

North America held the major share in terms of revenue, in the global bio pharmaceutical logistics market in 2021. 

Factors such growing of bio pharmaceutical industry and increasing investment in logistics drives the growth in the global bio pharmaceutical logistics market. 

High operational costs are a restraining factor which inhibits the growth of the market during the forecast period.

Logistics type, product type, mode of transportation, retail format and region are the different segments of the global bio pharmaceutical logistics market. 

The air shipping segment are expected to project the highest CAGR over the forecast period as air shipping is the fastest mode of transportation for medical goods with zero loss or product degradation.

China is expected to project the highest CAGR in the Asia Pacific bio pharmaceutical logistics market during the forecast period. 

UK held the major share in the Europe market in 2021 driven by surging pharmaceutical production and exports along with the strategic initiatives taken up by the private organization indulged in offering bio pharmaceutical logistics services.

Rapid technological advancements in logistics provides a lucrative growth opportunity in the global bio pharmaceutical logistics market.

The key players operating in the market include Deutsche Post DHL, Kuehne+Nagel, DB Schenker, FedEx, Amerisource Bergen, XPO Logistics, Panalpina, Versacold, Agility, DSV and UPS among others.