Biopharmaceutical Logistics Market 2020 with COVID-19 impact | Industry Analysis and Forecast Report by 2027
Latest published report on the Biopharmaceutical Logistics market, found on the Qualiket Research website revealed a great deal about various market dynamics. These driving factors influence the market from a very miniscule level to its holistic standard and can traverse limitations to assist the market achieve a significant growth rate over the analysis period of 2020-2027. The report is based on an extensive study supervised by adept analysts. Their sound knowledge and expertise in the field help in unearthing of factors and figures. The report is fulfilled with a volume-wise and value-wise analysis.
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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.
Market Drivers
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.
Market Restraints
However, high operational cost is the major restraining factor which is expected to hamper the growth of biopharmaceutical logistics market.
Global 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
By Type
- Cold Chain
- Non-Cold Chain
By Services
- Logistics
- Procedures
By Application
- Chemical Pharma
- Bio-Pharma
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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