Pharma Logistics IQ observes: An overview of the pharmaceutical industry
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The global pharmaceutical logistics market, which was valued at US$69b in 2019 in a recent report, is expected to grow at a compound annual growth rate of 7.3 per cent from 2020 to 2027. Attributed to this growth is the increasing demand for healthcare products during the Covid-19 pandemic, growing and aging populations around the world and a rising demand for more personalized healthcare.
What these market trends showcase is the ever-increasing need for pharma companies to maintain cold chain integrity, advance fast-track assistance in the healthcare sector and affirm methods for decreasing distribution costs by creating a single source distribution channel to further support the demand of the pharmaceutical logistics market.
To ensure the supply chain and logistics industry can prepare for the future and remain relevant in an ever-evolving business landscape, we invite you to have your say in how the global pharmaceutical market is continuing to evolve in Pharma Logistics IQ’s short survey.
Your results will help us bring you more thought-provoking, solution-driven content in 2021 than ever before, help our members to deliver real value for their stakeholders and patients.