The increased preference for biological pharmaceuticals as well as the growing tendency of businesses to outsource are the main drivers anticipated to drive market growth. Significant numbers of healthcare items need to be shipped over considerable distances through firms these days. These materials are valuable and delicate. The developing market for temperature-sensitive drugs and biological clinical objects, in addition to growing awareness amongst pharmaceutical and logistics companies, is boosting the scope for temperature-controlled healthcare logistics, benefiting the whole healthcare logistics market.   

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·      Data Bridge Market Research analyses that the healthcare logistics market is expected to reach the value of USD 29,514.27 million by 2029, at a CAGR of 7.1% during the forecast period. “Non-Cold Chain" accounts for the largest technology segment in the healthcare logistics market non-cold chain as the increase in growth of logistics through airways and water ways. The healthcare logistics market report also covers pricing analysis, patent analysis, and technological advancements in depth.

Post COVID-19 Impact on Healthcare logistics Market

·      COVID-19 created a major impact on the healthcare logistics market as almost every country has opted for the shutdown for every production facility except the ones dealing in producing the essential goods. The government has taken some strict actions such as the shutdown of production and sale of non-essential goods, blocked international trade, and many more to prevent the spread of COVID-19. The only business which is dealing in this pandemic situation is the essential services that are allowed to open and run the processes.

·      The growth of the healthcare logistics market is increase in growth of logistics through airways and water ways and rapid growth in the e-commerce sector across the world. However, factors such as concerns related to inventory management in healthcare logistics are restraining the market growth. The shutdown of production facilities during the pandemic situation has had a significant impact on the market.

·      Manufacturers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple research and development activities to improve the technology involved in the healthcare logistics. With this, the companies will bring advanced and accurate controllers to the market. In addition, the use of healthcare logistics by government authorities in sea freight logistics, air freight logistics, overland logistics and contract logistics has led to the market's growth.

Recent Developments

·      In March 2022, Nippon Express U.S., Inc., a Group company of Nippon Express Holdings, Inc., has obtained Good Distribution Practice (GDP) certification effective December 20, 2021 for forwarding operations, inclusive of temporary storage, at a temperature-controlled facility in its own CFS near John F. Kennedy International Airport in New York City, evidencing its compliance with GDP standards for the proper distribution of pharmaceuticals. This certification enhances the recognition of the company.  

·      In July 2021, SF Express signed a contract with the Management Committee of Manzhouli Comprehensive Data Bridge Market Research analyses that the healthcare logistics market is expected to reach the value of USD 29,514.27 million by 2029, at a CAGR of 7.1% during the forecast period. “Non-Cold Chain" accounts for the largest technology segment in the healthcare logistics market non-cold chain as the increase in growth of logistics through airways and water ways. The healthcare logistics market report also covers pricing analysis, patent analysis, and technological advancements in depth.

·      COVID-19 created a major impact on the healthcare logistics market as almost every country has opted for the shutdown for every production facility except the ones dealing in producing the essential goods. The government has taken some strict actions such as the shutdown of production and sale of non-essential goods, blocked international trade, and many more to prevent the spread of COVID-19. The only business which is dealing in this pandemic situation is the essential services that are allowed to open and run the processes.

·      The growth of the healthcare logistics market is increase in growth of logistics through airways and water ways and rapid growth in the e-commerce sector across the world. However, factors such as concerns related to inventory management in healthcare logistics are restraining the market growth. The shutdown of production facilities during the pandemic situation has had a significant impact on the market.

·      Manufacturers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple research and development activities to improve the technology involved in the healthcare logistics. With this, the companies will bring advanced and accurate controllers to the market. In addition, the use of healthcare logistics by government authorities in sea freight logistics, air freight logistics, overland logistics and contract logistics has led to the market's growth.

·      In March 2022, Nippon Express U.S., Inc., a Group company of Nippon Express Holdings, Inc., has obtained Good Distribution Practice (GDP) certification effective December 20, 2021 for forwarding operations, inclusive of temporary storage, at a temperature-controlled facility in its own CFS near John F. Kennedy International Airport in New York City, evidencing its compliance with GDP standards for the proper distribution of pharmaceuticals. This certification enhances the recognition of the company.  

Express

·      Bonded Area to explore the future of multi-format cooperation in the area. This contract helped in improving the recognition of the company.

Asia-Pacific Healthcare Logistics Market Scope

·      The healthcare logistics market is segmented on the basis of type, application, components, temperature type, logistics, logistics type and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

·      Non-Cold Chain

·      Cold Chain

·      On the basis of type, the Asia-Pacific healthcare logistics market is segmented into non-cold chain and cold chain.

Components

·      Hardware

·      Services

·      Software

·      On the basis of component, the Asia-Pacific healthcare logistics market has been segmented into hardware, software and services.

Temperature Type

·      Ambient

·      Chilled/Refrigerated

·      Frozen

·      Cryogenic

·      On the basis of temperature type, the Asia-Pacific healthcare logistics market has been segmented into ambient, chilled/refrigerated, frozen and cryogenic.

Logistics

·      Transportation

·      Packaging

·      Storage

·      Others

·      On the basis of logistics, the Asia-Pacific healthcare logistics market has been segmented into transportation, packaging, storage and others.

Logistics Type 

·      Overland Logistics

·      Sea Freight Logistics

·      Air Freight Logistics

·      Contract Logistics

·      On the basis of logistic type, the Asia-Pacific healthcare logistics market has been segmented into sea freight logistics, air freight logistics, overland logistics and contract logistics.

Application

·      Medicine

·      Bulk Drug Handlers

·      Vaccine

·      Chemical & Other Raw Material

·      Biological Material and Organs

·      Hazardous Cargo

·      Others

·      On the basis of application, the Asia-Pacific healthcare logistics market has been segmented into medicine, bulk drug handlers, vaccine, chemical & other raw material, biological material and organs, hazardous cargo and others.

End User 

·      Biopharmaceutical Companies

·      Hospital & Clinics

·      Research Institutes

·      Others

·      On the basis of end user, the Asia-Pacific healthcare logistics market has been segmented into biopharmaceutical companies, hospitals & clinics, research institutes and others.

Competitive Landscape and Healthcare Logistics Market Share Analysis

·      The healthcare logistics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to healthcare logistics market.

Some of the major players operating in the healthcare logistics market are –

·      Abbott,

·      Entero Healthcare,

·      SF Express,

·      Alloga, NIPPON EXPRESS CO., LTD.,

·      NICHIREI CORPORATION.,

·      INGRAM MICRO SERVICES,

·      YUSEN LOGISTICS CO.,LTD

·      BDP INTERNATIONAL among others.

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MAJOR TOC OF THE REPORT

·     INTRODUCTION

·     MARKET SEGMENTATION

·     EXECUTIVE SUMMARY

·     PREMIUM INSIGHTS

·     MARKET OVERVIEW

·     QUESTIONNAIRE

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