Global Market Size of Pharmaceutical Logistics Market – 10 Year Market Forecast

Logistics

Pharmaceutical Logistics Market Size Forecast 2022-2029

The global pharmaceutical logistics market was valued at USD97.11 billion in 2022 and is expected to grow at an annual rate of 3%?from 2022 to 2029, bringing the total market size to USD120.42 billion in 2029. The short-term market impact of COVID-19 is a critical factor in pharmaceutical logistics’ rapid growth around the world. In the midst of the pandemic, governments all over the world are emphasizing healthcare facilities and ample medication supplies for patients. As a result, the traditional medicine trade is expanding from country to country. In addition, the US Food and Drug Administration (FDA) has granted hydroxychloroquine Emergency Use Authorization.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global market database is a cloud based business intelligence tool that can be used by decision makers to study relevant markets
• What is Pharmaceutical Logistics?

• It is related to the handling, transport and chain management of multiple and varied products.
• Who buys drugs from Pharmaceutical companies?

• Wholesalers buy from the Pharmaceutical companies.
• Who is the largest pharmaceutical distributor

• McKesson is the largest distributor.
• What is the CAGR of Pharmaceutical Logistics?

• 3% is the CAGR of this market.

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