LONDON
As home healthcare grows in popularity, the pharmaceutical logistics market in the APAC region is expected to grow at a CAGR of 10.45% from 2015-2019, says research firm Technavio.
About the Report
Many pharmaceutical logistics companies are now focusing on expanding their services and product portfolios to meet the global demand for home healthcare. Patients can now use portable devices to check their blood pressure, glucose levels and other vital signs at home.
“Healthcare vendors are forming partnerships with telecommunication companies to establish home health platforms for end-users,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report also points to pharmaceutical logistics vendors who have found new opportunities in the biological drugs market, which can help increase their revenue and market share. Biological drugs provide enough opportunity for growth to vendors because of the increasing demand for biopharmaceuticals.
“Vendors in the market are investing heavily in R&D to develop novel biological components to treat different diseases,” says Ghaus.
Market Scope and Calculation of Market Size
This report covers the present scenario and the growth prospects of the pharmaceutical logistics market in the APAC region from 2015-2019. To calculate the market size, it considers revenue generated from sales of different types of product to various end-users.
Key Information Covered in the Report:
- Key Vendors:
- CEVA Holdings LLC
- DHL Express International GmbH
- Kerry Logistics Network Ltd.
- SINOTRANS Ltd.
- Market Growth Drivers:
- Increased demand for home healthcare products
- For a full detailed list, view our report.
- Market Challenges:
- Competition from local Chinese logistics vendors
- For a full detailed list, view our report.
- Market Trends:
- Shift toward biological drugs
- For a full detailed list, view our report.
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