Europe Healthcare Logistics Market Is Projected to Move Ahead at a CAGR of 7.5% by 2029
Europe Healthcare Logistics Market, By Type (Cold Chain and Non-Cold Chain), Component (Hardware, Software, and Services), Temperature Type (Ambient, Chilled/Refrigerated, Frozen and Cryogenic), Logistics (Transportation, Packaging, Storage, and Others), Logistic Type (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 and Others), End User (Biopharmaceutical Companies, Hospitals & Clinics, Research Institutes, and Others) Industry Trends and Forecast to 2029.
Healthcare logistics market is expected to reach the value of USD 48,377.14 million by 2029, at a CAGR of 7.5% during the forecast period. “Non-Cold Chain" accounts for the largest technology segment in the healthcare logistics market non-cold chain high benefits offered by third party logistics. The healthcare logistics market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Market Definition
· Healthcare comprises maintenance or improvement of wellness through the conclusion, anticipation, therapy, recuperation, or fix of infection, disease, injury, and different physical and mental impedances in individuals. Healthcare help is addressed with the aid of using fitness experts in allied health fields. Dentistry, pharmacy, nursing, audiology, medicine, optometry, midwifery, psychology, occupational and bodily therapy, and different health professions are all additives to healthcare.
· Healthcare logistic management is used for various modes of transportation such as roadways, railways, marine, and airways. The freight movement done through the path of roads is termed under the segment. It is the most common type of transportation mode as it requires single customs document process. The Railway mode of transportation is highly fuel-efficient and can be termed as a ‘green’ mode of transportation. Marine shipments are used for the movement of bulk commodities. Airways are the fastest mode of transportation and are highly used to achieve ‘just-in-time’ (JIT) inventory replenishment in healthcare logistics.
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
Europe 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 analyze 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 technology, the Europe healthcare logistics market is segmented into non-cold chain and cold chain.
Components
· Hardware
· Services
· Software
· On the basis of component, the Europe 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 Europe healthcare logistics market has been segmented into ambient, chilled/refrigerated, frozen and cryogenic.
Logistics
· Transportation
· Packaging
· Storage
· Others
· On the basis of logistics, the Europe 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 Europe 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 Europe 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 Europe healthcare logistics market has been segmented into biopharmaceutical companies, hospitals & clinics, research institutes and others.
Healthcare Logistics Market Regional Analysis/Insights
· The countries covered in the healthcare logistics market report are Germany, France, U.K., Italy, Spain, Netherlands, Switzerland, Belgium, Austria, Rest of Europe in Europe.
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, Europe 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 –
· DB Schenker,
· Deutsche Post DHL Group,
· FedEx,
· ADAllen Pharma.,
· Biosensors International Group, Ltd.,
· Entero Healthcare,
· CRYOPDP,
· SF Express, Alloga, 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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