London, 28 November 2014 – The Global Pharmaceuticals Wholesale and Distribution Market is expected to grow at a CAGR of 6.82 percent from 2015-2019, according to research firm TechNavio.
The demand for various drugs, medicines and basic healthcare services has been increasing with growing populations, which has in turn increased purchasing power and health awareness, leading to market growth.
About the Report
According to the latest report from TechNavio, the Global Pharmaceuticals Wholesale and Distribution Market is experiencing a shift in the transportation mode for delivery of drugs and medicines from air to sea because of certain advantages.
“Adopting new ways to deliver pharmaceuticals facilitates a 70-80 percent reduction in the overall cost of drugs. It also helps in faster, better delivery of medicines, as it provides better temperature control, fewer issues with procedures and clearances and better visibility of containers,” says Faisal Ghaus, Vice President of TechNavio.
“The use of online services like e-health records, remote monitoring, e-prescribing and mobile health applications is also driving this market. These modifications are taking pharmaceutical delivery outside hospitals and clinics directly to patients.”
Additionally, many companies are choosing 3PL, 4PL and outsoucing solutions to minimize the cost incurred for distribution and delivery of pharmaceutical products.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Rapid Growth of Pharmaceutical Industry
- For a full detailed list, view our report.
Market Challenges:
- Stringent Regulatory Compliance
- For a full detailed list, view our report.
Market Trends:
- Adoption of New Modes of Pharmaceuticals Delivery
- For a full detailed list, view our report.
Key Vendors:
- Cardinal Health Inc.
- McKesson Corp.
- PHOENIX Group
Other Prominent Vendors:
- A.F. Hauser
- Bayer
- CareFusion
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
