Pharmaceutical Logistics Market Expanding At A CAGR Of 3.5% For The Forecast Period From 2019 - 2025 : Grand View Research Inc.
San Francisco, 7 June 2019: The Report Pharmaceutical Logistics Market Size, Share & Trends Analysis Report By Type (Cold Chain, Non-Cold Chain Logistics), By Service (Logistics, Procedures), By Application (Chemical Pharma, Bio-Pharma), And Segment Forecasts, 2019 – 2025 The global pharmaceutical logistics market size is anticipated to reach USD 97.6 billion by 2025 expanding at a CAGR of 3.5%, according to a new report by Grand View Research, Inc. The market development can be attributed to the rising demand for a variety of drugs as a result of increasing cases of chronic and lifestyle-related diseases. Pharmaceutical logistics is an important part of the healthcare system, as careful handling and transporting of pharmaceutical products is of utmost importance, therefore equipment and staff services involved in the pharma supply chain are highly expensive. Consolidations among the pharma companies, to expand their business and global presence, is the latest trend gain