The global pharmaceutical drugs and biologics logistics market was valued nearly at $80 billion in 2018. North America was the largest market for pharmaceutical drugs and biologics logistics, accounting for around 38% of the global market in 2018. The USA is the largest country in terms of value in the pharmaceutical drugs and biologics logistics market.
Pharmaceutical drugs and biologics logistics is the logistics of pharmaceutical and biologic drugs from the manufacturer to the end-user. It includes transportation, warehousing, inventory management and other logistics functions.
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Pharmaceutical Drugs And Biologics Logistics Market Size
The global pharmaceutical drugs and biologics logistics market is expected to reach around $96 billion in 2021 at a growth rate of around 5%. Growth will result from increasing demand for drugs in general and in particular for temperature-sensitive biopharmaceutical products such as vaccines and blood plasma products. The pharmaceutical drugs and biologics logistics market has benefitted from rising pharmaceutical sales.
Players in the market include DHL Express, FedEx Corporation, UPS, Panalpina World Transport (Holding) Ltd., Kuehne + Nagel and DB Schenker.
DHL Express is a subsidiary of a German logistics company Deutsche Post DHL, which provides courier, parcel and express mail services. The company was founded in 1969 and is headquartered in Bonn, Germany. Deutsche Post DHL Group employs approximately 510,000 employees in over 220 countries and territories worldwide. DHL opened its office in UAE in 1977.
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Pharmaceutical Drugs And Biologics Logistics Market Segmentation
The pharmaceutical drugs and biologics logistics market is segmented by service type, by mode of transport, by pharmaceutical type, by therapeutic area and by geography.
By Service Type – The pharmaceutical drugs and biologics logistics market is segmented by service type into
- a) Non Cold Chain Logistics
- b) Cold Chain Logistics
Cold chain logistics had the highest growth rate of nearly 6.8% during the historic period.
By Mode Of Transport – The pharmaceutical drugs and biologics logistics market is segmented by mode of transport into
- a) Air Transportation
- b) Ocean Transportation
- c) Land Transportation
By Type Of Pharmaceutical – The pharmaceutical drugs and biologics logistics market is segmented by type of pharmaceutical into
- a) Pharmaceutical Drugs
- b) Biologics
By Therapeutic Area – The pharmaceutical drugs and biologics logistics market is segmented by type of therapeutic area into
- a) Musculoskeletal
- b) Cardiovascular
- c) Oncology
- d) Anti-infective
- e) Metabolic Disorder
- f) Central Nervous System
- g) Genito-urinary
- h) Respiratory
- i) Gastrointestinal
- j) Hematology
- k) Dermatology
- l) Ophthalmology
By Geography – The pharmaceutical drugs and biologics logistics market is segmented into
- o North America
- o Western Europe
- o Asia Pacific
- o Eastern Europe
- o South America
- o Middle East
- o Africa
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