Freelancer Global Market Research Report Bio-pharmaceuticals Logistic Market Review 2018

The pharmaceutical industry utilizes logistics 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.
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The global prescription drug sales have more than doubled in the past ten years and is expected to
surpass one trillion in terms of sales value by the end of 2020. Moreover, patent rights for several
leading drugs are set to expire, indicates that large portion of sales will shift from original brand
manufacturer to generic manufacturers. Similarly, other sectors, the pharmaceutical industry are
also undergoing the geographic shift in its production facilities and sales markets. Markets like Asia,
Latin America, Middle East, China, etc. are becoming increasingly attractive to these pharmaceutical
companies, however, these markets are considered as the most challenging in terms of supply chain
regulations.
Top Players:-
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FedEx Corporation
Panalpina World Transport Ltd.
United Parcel Services
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Logistics-Market-Analysis-to-2025
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.
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
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