Pharmaceuticals Wholesale and Distribution Market Size to Grow by USD 548.7 billion | Growing Global Pharmaceutical Sales to Boost Growth

NEW YORK, June 9, 2022 /PRNewswire/ — Pharmaceuticals wholesale and distribution is defined as the management of the physical flow of pharmaceutical supplies from the manufacturing point to the point of use. The global pharmaceuticals wholesale and distribution market involves the storage, handling, and transportation of pharmaceutical products to meet the global pharmaceutical demand.

The pharmaceuticals wholesale and distribution market is expected to grow by USD 548.7 from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 7.93% during the forecast period, according to Technavio.

Story continues

Request a Sample Report for further insights into market growth

Pharmaceuticals Wholesale and Distribution Market 2021-2025: Scope

The pharmaceuticals wholesale and distribution market report covers the following areas:

Pharmaceuticals Wholesale and Distribution Market 2021-2025: Driver and Challenge

The pharmaceuticals wholesale and distribution market will be driven by factors such as the growing global pharmaceutical sales. The pharmaceutical market is expected to experience substantial growth during the forecast period. It includes prescription drugs and over-the-counter drugs. Moreover, the incidence of chronic diseases and the need for improved medical assistance are rising. There is a requirement for more advanced equipment to effectively deal with the growing number of patients. This has led to the development of new medical devices and efficient transportation solutions for devices and equipment in the healthcare industry.

The shortage of drivers resulting in higher lead time is challenging the growth of the pharmaceuticals wholesale and distribution market. Pharmaceuticals wholesale and distribution services are highly dependent on the trucking industry. However, there is a shortage of skilled truck drivers, resulting in supply chain disruption. The global pharmaceuticals wholesale and distribution market is growing due to a rise in the demand for pharmaceutical supplies globally. However, the distribution of pharmaceutical products in developing countries is complex due to inefficient logistical infrastructure.

Pharmaceuticals Wholesale and Distribution Market 2021-2025: Segmentation

Pharmaceuticals Wholesale and Distribution Market is segmented as below:

Learn more about the contribution of each segment of the market. Download a Sample Report

Pharmaceuticals Wholesale and Distribution Market 2021-2025: Revenue-generating Type Segments

The branded drugs segment will have significant market share growth during the forecast period. Branded drugs are discovered and developed by pharmaceutical companies based on extensive research and development (R&D). The drugs are approved by the United States Food and Drug Administration (FDA) based on the information provided by the pharmaceutical company on their dosage form, chemistry, safety, efficacy, manufacturing methodology, and labeling, as well as packaging.

Pharmaceuticals Wholesale and Distribution Market 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Pharmaceuticals Wholesale and Distribution Market, including Alfresa Holdings Corp., AmerisourceBergen Corp., Cardinal Health Inc., Dakota Drug Inc., Fosun International Ltd., McKesson Corp., Medline Industries Inc., Owens & Minor Inc., PHOENIX Pharma SE, and SUZUKEN Co. Ltd. among others.

Subscribe to our “Basic Plan” billed annually at USD 5000. Get lifetime access to our Technavio Insights

Pharmaceuticals Wholesale and Distribution Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025

• Detailed information on factors that will assist pharmaceuticals wholesale and distribution market growth during the next five years

• Estimation of the pharmaceuticals wholesale and distribution market size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the pharmaceuticals wholesale and distribution market

• Analysis of the market’s competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of pharmaceuticals wholesale and distribution market vendors

Related Reports:

Zika Virus Therapeutics Market by Product and Geography – Forecast and Analysis 2022-2026

Empty Capsules Market by Type and Geography – Forecast and Analysis 2022-2026

Table Of Contents :

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Types of Drugs

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/pharmaceuticals-wholesale-and-distribution-market-size-to-grow-by-usd-548-7-billion–growing-global-pharmaceutical-sales-to-boost-growth–technavio-301564060.html

SOURCE Technavio