Biopharmaceutical logistics deals with planning, procurement, and implementation of process activities in the reverse and forward transportation of goods from one place to another. Temperature control, security, safety, regulatory compliance, and chain of custody are the interference for the biopharmaceutical manufacturers at every turn from the manufacturers to distributors.
Increase in number of biosimilar approvals is expected to boost the global biopharmaceutical logistics market growth. Furthermore, rise in technological advancements like data mining, real time monitoring, and mobile cloud solutions are expected to propel the growth of global biopharmaceutical logistics market. In addition to that, rise in product launch activities of vaccine, biologics, hormone treatments, and complex proteins will have the positive impact on global biopharmaceutical logistics market growth.Global Biopharmaceutical Logistics Market Restraints
However, high operational cost is the major restraining factor which is expected to hamper the growth of biopharmaceutical logistics market.
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Global Biopharmaceutical Logistics Market Segmentation
Global Biopharmaceutical Logistics Market is segmented into type Cold Chain, and Non-Cold Chain, by services such as Logistics, and Procedures. Also, Global Biopharmaceutical Logistics Market is segmented into application such as Chemical Pharma, and Bio-Pharma.
Further, Global Biopharmaceutical Logistics Market is segmented into five regions such as North America, Latin America, , Asia Pacific, Europe, and Middle East & Africa.
Global Biopharmaceutical Logistics Market Key Players
Various key players are discussed in this report such as DB Schenker, FedEX Corp, DeutsChe Post DHL, CEVA Logistics, Continental Air Cargo, Biotec Services International Ltd, United Parcel Service of America, Inc, Air Canada Cargo, and Kerry Logistics Network Limited.
Global Biopharmaceutical Logistics Market Taxonomy
- Cold Chain
- Non-Cold Chain
- Chemical Pharma
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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