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Healthcare Logistics Market in North America to grow at a CAGR of 6.09%| Legislative & Regulatory Change Supporting Pharma Growth to Boost Growth | 17000+ Technavio Reports

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Dec 17, 2021, 08:00 ET

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NEW YORK, Dec. 17, 2021 /PRNewswire/ -- The healthcare logistics market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Air Canada, AmerisourceBergen Corp., C.H. Robinson Worldwide Inc., CEVA Logistics AG, Cold Chain Technologies LLC, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., Kuehne Nagel International AG, and United Parcel Service Inc. are some of the major market participants. The healthcare logistics market in North America is set to grow by USD 10.19 billion from 2020 to 2025, progressing at a CAGR of 6.09% according to the latest market report by  Technavio.

Attractive Opportunities in Healthcare Logistics Market in North America by Product, Service, and Geography - Forecast and Analysis 2021-2025
Attractive Opportunities in Healthcare Logistics Market in North America by Product, Service, and Geography - Forecast and Analysis 2021-2025

To know the exact growth variance and the Y-O-Y growth rate - Request a free sample report.

Healthcare Logistics Market in North America 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our healthcare logistics market in North America report covers the following areas:

  • Healthcare Logistics Market in North America size
  • Healthcare Logistics Market in North America trends
  • Healthcare Logistics Market in North America industry analysis

Healthcare Logistics Market in North America 2021-2025: Drivers & Challenges

The legislative and regulatory changes supporting pharma growth, the growing pharmaceutical sales, increasing development of healthcare products with special logistics needs will offer immense growth opportunities. However, managing inventory loss and increased SKUs at warehouses will challenge the growth of the market participants.  The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Healthcare Logistics Market in North America 2021-2025: Segmentation

  • Product
    • Pharmaceutical Products
    • Medical Devices
  • Service
    • Transportation
    • Warehousing
  • Geography
    • US
    • Canada
    • Mexico

Healthcare Logistics Market in North America 2021-2025:Key Regions & Revenue Generating Segment

88% of the market's growth will originate from the US during the forecast period. The US is the key market for healthcare logistics market in North America. Market growth in the US will be faster than the growth of the market in other regions. The growing value of the US pharmaceutical exports, increasing healthcare spending, and rising aging population will facilitate the healthcare logistics market growth in the US over the forecast period.

The healthcare logistics market share growth in North America by the pharmaceutical products segment will be significant for revenue generation. The demand for biologics for more effective treatment of diseases is growing, as synthetic drugs have limitations in treating many health disorders. Therefore, the development of new biologics for the treatment of existing disorders and rare diseases is expected to fuel the growth of the pharmaceutical products segment and simultaneously boost the demand for healthcare logistics. 

Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the healthcare logistics market size in North America and actionable market insights on each segment.

Healthcare Logistics Market in North America 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist healthcare logistics market in North America growth during the next five years
  • Estimation of the healthcare logistics market in North America size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the healthcare logistics market in North America
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of healthcare logistics market in North American vendors

Subscribe to our "Lite Plan" billed annually at USD 3000 that enables you to download 3 reports/year and view 3 reports/month.

Related Reports:
Healthcare Logistics Market in Canada  -The healthcare logistics market share in Canada is expected to increase by USD 926.56 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.44%. Download a free sample now!

Healthcare Logistics Market In North America Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.09%

Market growth 2021-2025

USD 10.19 billion

Market structure

Fragmented

YoY growth (%)

5.42

Performing market contribution

The US at 88%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Air Canada, AmerisourceBergen Corp., C.H. Robinson Worldwide Inc., CEVA Logistics AG, Cold Chain Technologies LLC, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., Kuehne Nagel International AG, and United Parcel Service Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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