According to the report analysis , ‘Pharmaceutical Drugs and Biologics Logistics Global Market Opportunities And Strategies To 2021 Including: Cold-Chain Logistics and Non-Cold Chain Logistics Covering: Deutsche Post DHL Group, FedEx Corporation, Panalpina World Transport (Holding) Ltd, Kuehne + Nagel, DB Schenker’ states that some of the major companies which are currently functioning in this sector more actively for gaining the effective market share across the globe by accomplishing the extensive demand of potential buyers includes FedEx Corp., United Parcel Service, Inc. (UPS), Air Canada Cargo, Expeditors International of Washington, C. H. Robinson, Deutsche Post DHL Group, Kuehne + Nagel, D.B. Group Spa, Panalpina, Agility, British Airways, First Group Plc., Ceva Logistics, ZM Logistics, DCH Logistics, Suntone Pharmaceutical Supply Chain, Air China Cargo and China Cargo Airlines, TCI XPS, Safex, Bluedart, KWE logistics, Yusen Logistics, Suzuyo, Hitachi and Suzuken group, Andreani Logistics Group, Ativa Logistica, GRU Airport Cargo, Disprofarma (PLC), Protek, Pharmcomplect and Santens Service Logistics Group, ARAC Healthcare, Hellman Calipar Healthcare Logistics, Qatar Airways Cargo, Imperial Logistics, Bollore and Khaas Logistics.
The industry of logistics is rising more effectively as it is playing effective role in many of the industries. Whereas, the logistics in the healthcare industry lead the market growth of the pharmaceutical drugs and biological drugs sector. The pharmaceuticals drugs and biologics logistics include the physical movement of the biologic drugs and pharmaceutical drugs from the producer to the end-user. The market of logistics include many activities likely warehousing, transportation, inventory management and other logistics functions. The market comprises of those pharmaceuticals drugs and biologics logistics that are farm out to logistics companies besides of handled in-house by the companies of pharmaceuticals. Moreover, the companies of logistics are doing effective development in the technologies by which the product is safely handed over to the consumer whereas, in the recent trend the consumers can track their product and come to know the cause of delay. Therefore, with the advanced development in the technology the market of pharmaceutical drugs and biologics logistics has grown more effectively in the recent trend.
With the extensive development in the technology of logistics the market of pharmaceuticals drugs and biologics logistics spread across the globe which includes North America, Western Europe, Asia Pacific, South America, Eastern Europe, Middle East, Africa and rest of the world. Whereas, the global market of pharmaceuticals drugs and biologics logistics grew from USD 70.2 billion in 2013 to USD 79.9 billion in 2017 at a CAGR of 3.3%. It is anticipated to rise from USD 79.9 billion in 2017 to USD 96.1 billion in 2021 at a CAGR of 4.7% during the review period. Moreover, governments across the world are continuously developing new healthcare regulations which fueling the growth of the pharmaceutical market, and increasing the income levels and development in the emerging economies also triggering the growth more actively. Therefore, in the coming years, it is expected that the market will grow across the globe more actively over the decades with the effective distribution chain of logistics and increase in consumer safety.
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Ankur Gupta, Head Marketing & Communications