PUBLISHER: Lucintel | PRODUCT CODE: 1417096
PUBLISHER: Lucintel | PRODUCT CODE: 1417096
The future of the global biopharmaceutical logistic market looks promising with opportunities in the pharmaceutical, biopharmaceutical, pharmacy, hospital, clinic, and supermarket markets. The global biopharmaceutical logistic market is expected to reach an estimated $129.2 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are rising number of precision medicines and gene therapies, growing demand for household healthcare items, and augmenting trend of outsourcing logistical operations.
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The study includes a forecast for the global biopharmaceutical logistic by product type, transport service type, end use, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biopharmaceutical logistic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biopharmaceutical logistic companies profiled in this report include-
Lucintel forecasts that cold chain logistic is expected to witness the higher growth over the forecast period due to its increasing need for temperature-controlled products, necessitating precise temperature control logistics services to ensure the efficacy of the goods.
Within this market, pharmaceutical is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period due to expanding number of pharmaceuticals export and importation activity in the region.
Market Size Estimates: Biopharmaceutical logistic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Biopharmaceutical logistic market size by product type, transport service type, end use, and region in terms of value ($B).
Regional Analysis: Biopharmaceutical logistic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, transport service types, end uses, and regions for the biopharmaceutical logistic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biopharmaceutical logistic market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the biopharmaceutical logistic market size?
Answer: The global biopharmaceutical logistic market is expected to reach an estimated $129.2 billion by 2030.
Q2. What is the growth forecast for biopharmaceutical logistic market?
Answer: The global biopharmaceutical logistic market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the biopharmaceutical logistic market?
Answer: The major drivers for this market are rising number of precision medicines and gene therapies, growing demand for household healthcare items, and augmenting trend of outsourcing logistical operations.
Q4. What are the major segments for biopharmaceutical logistic market?
Answer: The future of the biopharmaceutical logistic market looks promising with opportunities in the pharmaceutical, biopharmaceutical, pharmacy, hospital, clinic, and supermarket markets.
Q5. Who are the key biopharmaceutical logistic market companies?
Answer: Some of the key biopharmaceutical logistic companies are as follows.
Q6. Which biopharmaceutical logistic market segment will be the largest in future?
Answer: Lucintel forecasts that cold chain logistic is expected to witness the higher growth over the forecast period due to its increasing need for temperature-controlled products, necessitating precise temperature control logistics services to ensure the efficacy of the goods.
Q7. In biopharmaceutical logistic market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to expanding number of pharmaceuticals export and importation activity in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.