Freelancer Global Market Research Report Bio-Pharmaceutical Logistics Market Analysis
Pharmaceutical logistics aids in handling transport issues such as, temperature control,
regulatory compliance, security, safety and chain of custody are for bio-pharmaceutical
manufacturers at every turn. In every organization, logistics is the key integral part of the
supply chain management, which deals with procurement, planning and implementation of
all the logistics activities. The effective logistics management will help the pharmaceutical
companies to have a constant supply of drugs, devices and equipment from various dealers
and distributors in different locations.
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Increasing number of patents and rise in global pharmaceutical industry are expected to be
the key factors for the growth of bio-pharmaceutical market in the coming years. In the
coming few years, patent rights for several leading drugs are set to expire, indicating shift of
large portion of sales from original brand manufacturer to generic manufacturers. Similar to
other sectors, the pharmaceutical industry is also undergoing the geographic shift in its
production facilities and sales markets. Markets like Asia, Latin America, Middle East, China
are becoming increasingly attractive to these pharmaceutical companies. However, these
markets are considered as the most challenging in terms of supply chain regulations. The
pharmaceutical industry utilizes logistic services for the complete administration of the
distribution of medicinal products and devices to different end users where they are
required. These logistics services help the pharmaceutical companies have a continuous
supply of drugs, devices and equipment from suppliers and distributors of various
locations.
Top Key Players:-
Deutsche Post DHL Group
FedEx Corporation
Panalpina World Transport Ltd.
United Parcel Services Inc
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Pharmaceutical-Logistics-Market-Analysis-and-Forecast-to-2025
Nowadays, most of the pharmaceutical companies are outsourcing their logistics services to
third party providers known as LSPs (Logistics Service Providers) to focus on their core
business activities such as marketing, sales and research & development activities. The
outsourcing of logistics services is becoming core of business strategies in most of the
organizations, as a cost cutting program. The market based on region, is segmented into
North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA).
Report also includes growth strategies and entry barriers to be considered to cater to the
exact business opportunities in this market. Additionally, to aid in strategic decision making,
the report also includes competitive profiling of leading players, recent developments in the