Biopharmaceutical Third-party Logistics Market

Biopharmaceutical Third-party Logistics Market Size, Share, Growth Analysis, By Supply Chain(Cold Chain, Non-cold Chain), By Service Type(Transportation, Air Freight, Sea Freight, Overland), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG35A2259 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Biopharmaceutical Third-party Logistics Market Insights

Market Overview:

The estimated market size of the global biopharmaceutical third-party logistics was USD 119.8 billion in 2021, and it is expected to grow at a CAGR of 5.9% during the forecast period. The market growth is driven by various factors such as the increasing trend of outsourcing logistics services by biopharmaceutical companies, the focus of pharmaceutical players on optimizing their distribution networks due to strong sales performance, and the rising number of biosimilar launches in the market. These factors collectively contribute to the expansion of the biopharmaceutical third-party logistics market.

Biopharmaceutical Third-party Logistics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Biopharmaceutical Third-party Logistics was estimated to be valued at US$ XX Mn in 2021.

The Biopharmaceutical Third-party Logistics Market is estimated to grow at a CAGR of XX% by 2028.

The Biopharmaceutical Third-party Logistics Market is segmented on the basis of Supply Chain, Service Type, Regional.

Based on region, the Biopharmaceutical Third-party Logistics Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Biopharmaceutical Third-party Logistics Market are DHL International GmbH, SF Express, United Parcel Service of America, Inc., AmerisourceBergen Corp., DB Schenker, Kuehne and Nagel, Kerry Logistics Network Ltd., Agility.

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Biopharmaceutical Third-party Logistics Market

Report ID: UCMIG35A2259

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