Global Biopharmaceutical Third-party Logistics Market Growth (Status and Outlook) 2025-2031
The global Biopharmaceutical Third-party Logistics market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics, it is expected to reach 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022.
The pharmaceutical market factors such as:
- increasing demand for healthcare
- technological advancements
- the rising prevalence of chronic diseases
- increase in funding from private & government organizations for development of pharmaceutical manufacturing segments
- rise in R&D activities for drugs
However, the industry also faces challenges such as:
- stringent regulations
- high costs of research and development
- patent expirations
Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Key Features:
ReportPrime's newest research report, the “Biopharmaceutical Third-party Logistics Industry Forecast” looks at past sales and reviews total world Biopharmaceutical Third-party Logistics sales in 2024, providing a comprehensive analysis by region and market sector of projected Biopharmaceutical Third-party Logistics sales for 2025 through 2031. With Biopharmaceutical Third-party Logistics sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis in US$ millions of the world Biopharmaceutical Third-party Logistics industry.
Segmentation by Type:
- Cold Chain
- Non-cold Chain
Segmentation by Application:
- Transportation
- Storage
- Other
Market by Region:
Americas:
- United States
- Canada
- Mexico
- Brazil
APAC:
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
Europe:
- Germany
- France
- UK
- Italy
- Russia
Middle East & Africa:
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
Company Coverage:
- DHL International GmbH
- SF Express
- United Parcel Service of America
- AmerisourceBergen Corporation
- DB Schenker
- Kuehne and Nagel
- Kerry Logistics Network
- Agility Logistics
- McKesson Corporation
Key Questions Addressed in this Report:
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market