DUBLIN, July 7, 2023 /PRNewswire/ -- The "Healthcare Distribution: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Healthcare Distribution estimated at US$1.6 Trillion in the year 2022, is projected to reach a revised size of US$5.7 Trillion by 2030, growing at a CAGR of 16.9% over the analysis period 2022-2030.
Pharmaceutical, one of the segments analyzed in the report, is projected to record a 16.6% CAGR and reach US$2.3 Trillion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Biopharmaceutical segment is readjusted to a revised 18.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $580 Billion, While China is Forecast to Grow at 19.7% CAGR
The Healthcare Distribution market in the U.S. is estimated at US$580 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Trillion by the year 2030 trailing a CAGR of 19.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.2% and 14.4% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 16.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$733.7 Billion by the year 2030.
Select Competitors (Total 61 Featured) -
- Accord-UK Ltd.
- ALLIANCE UNICHEM IP LIMITED
- AmerisourceBergen Corporation
- Attain Med, Inc.
- Cardinal Health, Inc.
- CuraScript SD
- Dakota Drug, Inc.
- Express Scripts Holding Company
- FedEx Corporation
- FFF Enterprises, Inc.
- Henry Schein Inc.
- KeySource Medical, Inc.
- McKesson Corporation
- Medline Industries
- Morris and Dickson Co., LLC
- Mutual Drug
- Owens & Minor, Inc.
- Patterson Companies Inc.
- PHOENIX Group
- Redington (India) Limited
- Shanghai Pharmaceutical Group Co., Ltd.
- Smith Drug Company
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Healthcare Distribution - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
- How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
- Progress on Vaccinations, Why Should Businesses Care?
- These are Times When Questions Abound & Answers Are Few
- With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback.
- A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
- A Retrospective Review of Year 2020 as the Worst Year in Humanity's History that Left the World in Shambles & Industries and Markets Upended
- How the Healthcare Industry Has & Continues to be Impacted by the Pandemic & What's the New Normal?
- The Biggest & Worst Ever Public Health Crisis in Human History Creates a Mixed Bag of Challenges & Opportunities for the Healthcare Industry
- With the COVID-19 Pandemic Exposing Global Healthcare Unpreparedness, There is Increasing Policy Led Focus on Rebooting Health Systems Worldwide: Current & Required Healthcare Spending as % of GDP
- Clinical Diagnostic Laboratories Work Overtime to Manage Giant Waves of COVID Infection Testing Flowing In
- Global Clinical Diagnostics Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- The Pandemic Triggers Shift in Consumer Behavior & Engagement With Healthcare Technologies & Services
- Healthcare Industry Pushed to Adopt Digital Technologies & Innovate to Save Lives Amid the Crisis
- Digital Health Technologies Poised to Break New Grounds Post Pandemic: Global Opportunity in Digital Health (In US$ Billion) for Years 2020, 2022, 2024 and 2026
- How COVID-19 Outbreak Sent the Healthcare Supply Chain Into a Tailspin
- Unprecedented Losses Sustained in the Supply Chain Bodes Well for Integration of Emerging Technologies like Blockchain to Enhance Resilience & Reliability: Global Losses in Supply Chain as a % of Earnings Before Interest, Taxes, Depreciation & Amortization (EBITDA) in the Year 2020
- Far-Flung Supply Chains of the Pharma Industry Cannot be Consolidated Easily & Abruptly, But the Winds of Change Blown by COVID-19 Can Be Felt: Global Number of Plants Registered with the U.S. to Supply Active Pharmaceutical Ingredients as of the Year 2020
- Healthcare Supply Chain Management Storms Into the Spotlight to Address Disruptions Posed by the Crisis
- With Smart Management of Supply Chains Being the Need of the Hour, Healthcare Supply Chain Management to Reach New Highs: Global Opportunity in Healthcare Supply Chain Management (In US$ Million) for Years 2020, 2022, 2024, 2026
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Substandard Drugs, an Urgent Challenge in the Supply Chain that Begs to be Addressed
- Pharmaceutical Thefts & Counterfeiting, A Persistent Challenge in Distribution That Eludes Resolution
- Online Pharmacies Growth Leads to Global Presence of Counterfeit Drugs
- Storming Into the Spotlight Is the Use of Blockchain in Fighting Counterfeiting of Drugs
- Rising Incidence of Counterfeiting in the Pharmaceutical Industry Pushes Up the Urgency to Leverage the Security Benefits Promised by Blockchain: Global Number of Pharmaceutical Counterfeiting Incidents for Years 2000, 2005, 2010, 2015, 2019 & 2022
- Serialization Emerges as an Another Weapon in the Arsenal to Battle Counterfeiting
- Rising Healthcare Costs Drives Attractiveness of e-Pharmacies
- Here's How Healthcare Costs Are Outstripping Global GDP: Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023
- Social Distancing Amid the COVID-19 Pandemic Accelerates the Viability & Indispensability of e-Pharmacies, Fast Forwarding Growth by Over 2 Years
- Global ePharmacy Sales Breakdown (In %) by OTC Drugs & RX Drugs As of the Year 2021
- Aging Population, Rising Prevalence of Chronic Diseases & Ensuing Demand for Drugs & Medical Equipment Rank as Major Drivers of Growth in the Market
- Aging Population Steps-Up the Burden On Healthcare Systems Including Distribution: Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Rising Prevalence of Chronic Diseases Amplifies Demand for Pharmaceutical Drugs & Distribution: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
- Robust Demand for Pharmaceutical Drugs Drives Growth in the Market
- Pharmaceutical Contract Manufacturing, a Barometer of the Growing Demand & Production of Drugs
- More Drugs Being Manufactured Means More Drugs in Distribution: Global Opportunity for Pharmaceutical Contract Manufacturing (In US$ Billion) for Years 2020, 2022, 2024, and 2026
- Artificial Intelligence to Revolutionize Pharmaceutical Retailing
- As the World Ramps Up Production of COVID-19 Vaccines, Distribution Emerges Into the Spotlight
- As Mass Vaccination Drives Kick-in Challenges in Covid-19 Vaccine Distribution Begin to Surface
- A Review of Vaccine Distribution Approach in the US
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/juv8x9
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