Title: Detailed report on Global Bio-Pharmaceutical Logistics Market 2021
1World Bio-Pharmaceutical Logistics Cold and
Non-cold Chain Logistics, Transportation, Drug
Distribution Forecast 2012-20
Published Date 23 May, 2016 No of Pages
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Global Bio-Pharmaceutical Logistics Market
Future Forecast Trends 2020
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2- Temperature control, regulatory compliance,
security, safety and chain of custody are the key
obstacles for pharmaceutical manufacturers. - In every organization, logistics is the key
integral part of the supply chain management,
which deals with procurement, planning and
implementation of all logistics activities. - Effective logistics management helps
pharmaceutical companies to have a constant
supply of drugs, devices and equipment from
various dealers and distributors in different
locations. - The global pharmaceutical market has more than
doubled in the past ten years and is expected to
reach 942 billion by the end of 2016. - Patent rights for several leading drugs are set
to expire, meaning that large portion of sales
will shift from original brand manufacturer to
generic manufacturers. - Similar to other sectors, the pharmaceutical
industry is also undergoing a geographic shift in
its production facilities and sales.
3- Markets like Asia, Latin America, Middle East,
China, etc. are becoming imore attractive to
these pharmaceutical companies, however, these
markets are considered as the most challenging in
terms of supply chain. - At present, the distribution structure in the
European and American markets is heavily inclined
towards national warehouses both regionally and
centrally. - Developing warehouse structures and outsourcing
to logistics service providers is the key focus
in some 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 strategy. - The primary driving factor for the growth of this
market include strict regulations in the form of
Good Manufacturing Practices (GMP) and Good
Distribution Practices (GDP), which summarize the
criteria relating to the purchase, storage and
export of medicines
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4- In addition, factors like increasing demand for
temperature sensitive pharmaceutical products and
delivery methods could contribute to the growth
of this market. - Restricting factors include issues related to
confidentiality of the proprietary information,
loss of control and deteriorating services. - Geographically, Asia-Pacific dominates the
market, which is evident from the presence of
key players, and lower logistics costs. - Panalpina, DHL, FedEx and UPS are amongst the
leading logistic service providers in the
industry. - The global market for bio-pharmaceutical
logistics was valued at USD 61.1 billion in 2014
and is expected to reach USD 91.0 billion by
2020f, growing at a CAGR of 6.9 during the
forecast period of 2015e to 2020f.
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5Bio-Pharmaceutical Logistics Global Market Report
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Global Bio-Pharmaceutical Logistics market
and future opportunities are provided in the
report.
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