Biopharmaceutical Logistic Market Size – Industry Insights, Top Trends, Drivers, Growth and Forecast to 2024
Category: #business  By Ashwin Naphade  Date: 2019-07-12
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Biopharmaceutical Logistic Market Size – Industry Insights, Top Trends, Drivers, Growth and Forecast to 2024

According to this study, over the next five years the Biopharmaceutical Logistic market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 89900 million by 2024, from US$ 71000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biopharmaceutical Logistic business.

Biopharmaceutical Logistics is the logistics of Biopharmaceutical, medical and surgical supplies, and other products needed to support doctors, nurses, and other health and dental care providers. Because it’s final customers are responsible for the lives and health of their patients, medical logistics is unique in that it seeks to optimize effectiveness rather than efficiency. Medical logistics functions comprise an important part of the health care system: after staff costs, medical supplies are the single most expensive component of health care. To drive costs out of the health-care sector, medical logistics providers are adopting supply chain management theories.

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Biopharmaceutical Logistics is the logistics of Biopharmaceutical, medical and surgical supplies, and other products needed to support doctors, nurses, and other health and dental care providers. Because it’s final customers are responsible for the lives and health of their patients, medical logistics is unique in that it seeks to optimize effectiveness rather than efficiency. Medical logistics functions comprise an important part of the health care system: after staff costs, medical supplies are the single most expensive component of health care. To drive costs out of the health-care sector, medical logistics providers are adopting supply chain management theories.

Air shipping is set to dominate the biopharmaceutical logistics market. The expansion of the air shipping segment is attributed to air freight being the fastest way of transporting pharmaceutical products with negligible damage or product deterioration, which is desired for transporting temperature-sensitive vaccines and critical biologic drugs. However, air shipping has a limitation of volume which can be transferred, so sea shipping and ground shipping will outpace air shipping in volume growth during the forecast period.

Market competition is intense. Deutsche Post DHL, Kuehne + Nagel, FedEx, AmerisourceBergen, UPS (Marken), DB Schenker etc. are the leaders of the industry, and they hold key technologies, with high-end customers; have been formed in the monopoly position in the industry.

Key components underscored in the Biopharmaceutical Logistic market report:

  • Profit predictions
  • Market propellers
  • Ongoing trends
  • Significant challenges
  • Consumption growth rate
  • Competitive profiling
  • Value growth rate
  • Competitive ranking analysis
  • Market concentration rate analysis
  • Market concentration ratio
  • Latent market aspirants
  • Regional classification

Expounding the regional outlook of the Biopharmaceutical Logistic market:

Biopharmaceutical Logistic Market Bifurcation: USA, Europe, Japan, China, India, South East Asia.

Insights incorporated in the market study have been framed with respect to the industry indicators:

  • Consumption statistics pertaining to the specified geographies
  • Market valuation of each region in the industry
  • Contribution of each territory in the industry with respect to market share
  • Consumption market share based on regional contribution
  • Consumption growth rate over the forecast period across geographies

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An exhaustive guideline of the Biopharmaceutical Logistic market in terms of the product & application landscape:

Product landscape:

Product types: Cold Chain Logistics and Non-cold Chain Logistics

Top observations included in the report:

  • Product wise market share estimates
  • Expected revenue of each product type
  • Consumption (based on the growth rate and value) of all product types
  • Selling price of the product

Application landscape:

Application segmentation: Ground Shipping, Sea Shipping and Air Shipping

Details highlighted in the report:

  • Application wise market share apportion
  • Market valuation estimates of included applications
  • Consumption market share affecting each application type

Other significant pointers encompassed in the report:

  • The study unveils the key market propellers that are known for fueling the commercialization landscape of the Biopharmaceutical Logistic market.
  • The report provides an in-depth analysis of these propellers that will persuade the revenue matrix of the Biopharmaceutical Logistic market.
  • The study presents data pertaining to the key challenges deterring market expansion.
  • The postulated challenges active in the current market setting are anticipated to help new entrants in securing a profitable position in the Biopharmaceutical Logistic market.
  • The report also emphasizes the risks dominating the market space and the abundant growth opportunities presented by the industry.

What does the competitive landscape of the Biopharmaceutical Logistic market imply

Manufacturer base of the industry: Deutsche Post DHL, Kuehne + Nagel, FedEx, AmerisourceBergen, UPS (Marken), DB Schenker, XPO Logistics, Panalpina, Nippon Express, GEODIS, VersaCold, Agility, DSV, Sinotrans, Kerry Logistics, SF Express, CEVA, CH Robinson and Air Canada Cargo

Competitive overview outlined in the report includes:

  • Sales area and distribution
  • Organization profile
  • Organizational overview
  • Product pricing methodology
  • Market valuation of the particular player
  • Profit margins
  • Product sales figures

Besides the abovementioned indicators, the Biopharmaceutical Logistic market study also provides vital information pertaining to the market concentration ratio, that would possibly aid proactive competitors in defining the business strategy to outcompete other eminent players partaking in the business sphere.

For More Details On this Report: https://www.marketstudyreport.com/reports/global-biopharmaceutical-logistic-market-growth-2019-2024

Some of the Major Highlights of TOC covers:

Biopharmaceutical Logistic Regional Market Analysis

  • Biopharmaceutical Logistic Production by Regions
  • Global Biopharmaceutical Logistic Production by Regions
  • Global Biopharmaceutical Logistic Revenue by Regions
  • Biopharmaceutical Logistic Consumption by Regions

Biopharmaceutical Logistic Segment Market Analysis (by Type)

  • Global Biopharmaceutical Logistic Production by Type
  • Global Biopharmaceutical Logistic Revenue by Type
  • Biopharmaceutical Logistic Price by Type

Biopharmaceutical Logistic Segment Market Analysis (by Application)

  • Global Biopharmaceutical Logistic Consumption by Application
  • Global Biopharmaceutical Logistic Consumption Market Share by Application (2014-2019)

Biopharmaceutical Logistic Major Manufacturers Analysis

  • Biopharmaceutical Logistic Production Sites and Area Served
  • Product Introduction, Application and Specification
  • Biopharmaceutical Logistic Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
  • Main Business and Markets Served

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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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