Healthcare Logistics Market Set to Surge by $121.4 Billion by 2028
Healthcare logistics market to grow by $121.4 billion by 2028, driven by increasing global pharmaceutical sales.
Breaking News
Jun 08, 2024
Ravindra Warang
The global healthcare logistics market is poised for a substantial expansion, projected to grow by USD 121.4 billion from 2024 to 2028, according to a recent report by Technavio. This growth, registering a CAGR of over 13.87%, is primarily fueled by the increasing worldwide sales of pharmaceuticals.
As the sector evolves, there is a marked trend towards enhancing cold chain logistics, which is crucial for the preservation and transportation of sensitive medical products. This push towards improved logistics solutions reflects the growing complexity and customization demands of healthcare supply chains, which pose unique challenges but also present significant opportunities for innovation.
Key players in this dynamic market include Agility Public Warehousing Co. K.S.C.P, AmerisourceBergen Corp., FedEx Corp., and DSV AS, among others. These companies are at the forefront, driving innovation and adapting to the rapidly changing needs of the healthcare sector.
For a more comprehensive analysis and additional details, please refer to the full Technavio report on healthcare logistics market trends and forecasts.
For more information on the healthcare logistics market and to access the detailed report, you can visit the Technavio website.