Global Pharmaceutical Drugs And Biologics Logistics Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

16 Mar, 2021

The pharmaceutical drugs and biologics market consists of sales of pharmaceutical drugs and biologics logistics services by entities (organizations, sole traders and partnerships) that provide pharmaceutical drugs and biologics logistics services. Pharmaceutical drugs and biologics logistics is the logistics of pharmaceutical and biologic drugs from the manufacturer to the end-user. It includes transportation, warehousing, inventory management and other logistics functions.

Global Pharmaceutical Drugs And Biologics Logistics Market Size And Drivers:

The global pharmaceutical drugs and biologics logistics market is expected to reach $102.89 billion by 2025, and $130.03 billion by 2030.

The improving consistency and efficiency of logistics service providers is expected to drive the pharmaceutical drugs and biologics logistics market. Constant and reliable service levels are key factors in choosing a logistics service provider. In addition, the service provider’s industry experience, safety and security go hand-in-hand with these measures particularly in highly-regulated pharmaceutical distribution chains.

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Trends In The Global Pharmaceutical Drugs And Biologics Logistics Market

Pharmaceutical logistics companies are increasingly switching to sea-based logistics services to reduce transportation costs for their customers, owing to rising air freight rates. Solar radiation spikes during air handling operations are a major cause of airfreight temperature variations, and thus pose a severe risk to pharmaceutical products. Sea-based transportation reduces costs while proving a clinically maintained environment to preserve pharmaceutical and biologic products. Sea freight also helps pharmaceutical logistics companies to achieve better service quality and regulatory compliance.

Global Pharmaceutical Drugs And Biologics Logistics Market Segments:
The global pharmaceutical drugs and biologics logistics market is further segmented based on type of service, mode of transport, pharmaceutical type, therapeutic area and geography.
By Type Of Service: Cold Chain Logistics, Non-Cold Chain Logistics.
By Mode Of Transport: Air Transportation, Ocean Transportation, Land Transportation
By Pharmaceutical Type: Pharmaceutical Drugs, Biologics
By Therapeutic Area: Metabolic Disorders Drugs, Anti-Infective Drugs, Central Nervous System Drugs, Respiratory Diseases Drugs, Cardiovascular Drugs, Musculoskeletal Disorders Drugs, Oncology Drugs, Hematology Drugs, Monoclonal Antibodies (MAbs), Genito-Urinary Drugs, Gastrointestinal Drugs, Therapeutic Proteins, Dermatology Drugs, Vaccines, Ophthalmology Drugs.
By Geography: The global pharmaceutical drugs and biologics logistics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global pharmaceutical drugs and biologics logistics market, accounting to 47.9% of the total market.

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Pharmaceutical Drugs And Biologics Logistics Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides pharmaceutical drugs and biologics logistics market overviews, analyzes and forecasts market size and growth for the global pharmaceutical drugs and biologics logistics market, pharmaceutical drugs and biologics logistics market share, pharmaceutical drugs and biologics logistics market players, pharmaceutical drugs and biologics logistics market segments and geographies, pharmaceutical drugs and biologics logistics market’s leading competitors’ revenues, profiles and market shares. The pharmaceutical drugs and biologics logistics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.