Biopharmaceutical Logistics Market Size, Share and Forecast Biopharmaceutical Logistics Market - Global Indust | Page 2

overview section. Market revenue in terms of US$ Bn for the period between 2014
and 2024 along with the compound annual growth rate (CAGR %) from 2016 to
2024 are provided for all the segments, considering 2015 as the base year. Market
volume data (tonnage) for the period 2014 to 2024 has been provided for the mode
of transportation segment at regional and country level.
Market related factors such as technological developments, service innovations,
expansion of infrastructural facilities such as warehousing networks by major
players and historical year-on-year growth have been taken into consideration while
estimating the market size. Growth rates for each segment within the global
biopharmaceutical logistics market have been determined after a thorough analysis
of past trends, demographics, future trends, technological developments, and
regulatory requirements. These factors would help the market players to take
strategic decisions in order to strengthen their positions and expand their share in
the global market.
Global Biopharmaceutical Logistics Market: Segmentation
Based on type, the global biopharmaceutical logistics market has been segmented
into cold chain logistics and non-cold chain logistics. Although the overall
pharmaceutical market has more products requiring non-cold chain based logistics
transport, the market for cold chain is witnessing a higher growth rate owing to the
rise in manufacture and transport of biologic drugs and those drugs which require
temperature controlled shipping.
The principal modes of transportation for biopharmaceutical logistics include air
shipping, sea shipping, road shipping and rail shipping. New regulations in the U.S.,
the European Union, and elsewhere, has radically lengthened the list of drugs
requiring temperature-controlled handling. Specifically, new rules for handling
products that fall into the controlled ambient (15 to 25 degrees C) category has
upsurged the demand for temperature controlled handling. This has led to many
pharmaceutical companies resorting to air shipping for such critical products.
However, concerns over cost containment has led to the trend of increased
preference for transporting pharmaceuticals by sea and road, wherever possible.
Geographically, the global Biopharmaceutical Logistics market has been segmented
into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa. The regions have been further segmented by major countries.
Considerable growth in biopharma logistics is expected in the emerging countries in
Asia compared to North America and Europe.
Companies Mentioned in the Report
The report also profiles major players in the Biopharmaceutical Logistics market
based on various attributes such as company overview, financial overview, SWOT
analysis, key business strategies, product portfolio, and recent developments. Key
companies profiled in the report include FedEx Corporation, Ceva Logistics LLC,