Latest Industry study on Contract Research Organizations , Industry Bio-Pharmaceutical Logistics

Global Bio-Pharmaceutical Logistics Market Analysis by Type (Cold Chain Logistics and Non-Cold Chain
Logistics); Mode of Transportation (Air, Sea, Road, and Rail); Service (Warehousing and
Transportation) to 2025
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.
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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.
At present, the distribution structure in the European and American markets are heavily inclined
towards national warehouses both regionally and centrally. Developing warehouse structures and
outsourcing to logistics service providers is the key focus areas for the pharmaceutical manufacturers.
Low cost and greater visibility in the supply chain are the main advantages of outsourcing logistics
services and is becoming an integral part of overall business strategy. These above-mentioned factors
are the key drivers for the growth of the market in the coming years.
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Analysis-and-Forecast-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