Scope of the Study
The growing need for maintaining the cold chain integrity for pharmaceutical products and decreasing the distribution cost by creating a single source distribution channel is boosting the demand of the pharmaceutical cold chain logistics market in the forecasted period. A cold chain is a temperature-controlled supply chain. It typically involves constant refrigeration of the product from the time of its production through its transportation, handling, storage, and delivery.
The market study is being classified, by Application (Pharmaceuticals, CRO and Others) and major geographies with country level break-up.
DHL International GmBH (Germany), KUEHNE + NAGEL (Switzerland), DB Schenker (Germany), United Parcel Service Inc. (United States), LifeConEx LLC (United States), World Courier (United States), FedEx Corporation (United States) and Agility (Kuwait) are some of the key players profiled in the study.
The industry is highly competitive. Major companies in the market strive to offer cloud-based supply chain solutions and secured supply chain functions as it helps manufacturers in verifying the authenticity of the drugs, in avoiding the production of counterfeit drugs and medical devices, among others. A large number of companies are entering into merger and acquisition to expand their geographical presence and proprietary knowledge. They are also focusing on reducing the overall packaging costs of their products. In addition, economic reforms have led to the growth of the global market. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Pharmaceutical Cold Chain Logistics market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Pharmaceutical Cold Chain Logistics market by Type, Application and Region.
On the basis of geography, the market of Pharmaceutical Cold Chain Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Increasing Demand for Household Healthcare Products
- Growing Adoption for Fast Track Assistance
- Decreasing the Distribution Cost by Creating a Single Source Distribution Channel
- Growing Concern Related to High Packaging Cost
- Lack Of Standardization
- Increasing Regulatory efforts Perticullerly around Temperature Management
- Rising Demand from the Emerging Markets
Key Target AudiencePharmaceutical Cold Chain Logistics Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organization and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase