Bio-pharma Logistics Market to Witness Significant Growth
The bio-pharma logistics market deals with efficient and compliant transportation of temperature-sensitive pharmaceutical and biological products. It involves precise monitoring and maintaining of products within a specific temperature range (-80°C to 25°C) using refrigerants, gel packs, and insulated containers during storage and transit. The growing demand for vaccines, biologics, and other pharmaceuticals has fueled the need for specialized temperature-controlled logistics infrastructure and solutions. Advancements in cold chain technologies including real-time shipment tracking, digital thermal labels, active and passive cooling containers are further driving market growth.
The global bio-pharma logistics market is estimated to be valued at US$ 115.44 million in 2024 and is expected to exhibit a CAGR of 6.1% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the bio-pharma logistics market are DENTSPLY Implants, Straumann AG, Bicon Dental Implants, Anthogyr, KYOCERA Medical Corporation, Lifecore Dental Implants, Zest Anchors, Implant Innovations Inc, BioHorizons IPH, Inc., Neobiotech USA. Inc., Sweden & Martina, TBR Implants Group, Global D, and MOZO-GRAU, S.A.
The Bio-pharma Logistics Market Demand for temperature-sensitive drugs and vaccines especially in developing countries presents significant business opportunities for market players.
Advancements in technologies such as Bluetooth-enabled data loggers, smartphone-powered IoT trackers and trace solutions have further improved cold chain visibility, compliance and reliability.
Market drivers:
Increasing government initiatives and investments toward strengthening healthcare infrastructure and ensuring vaccine access across rural areas is a key market driver. Stringent regulations regarding appropriate drug storage and distribution is further propelling the need for robust pharmaceutical logistics. Growing demand for biologics and cell and gene therapies will continue fueling market growth over the forecast period.
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