New Delivery Methods Will Boost Revenue in the Global Pharmaceuticals Wholesale and Distribution Market: TechNavio

LONDON--()--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 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 results 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 outsourcing 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

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the pharmaceuticals market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott, Media & Marketing Executive
US: +1 630-333-9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com

Release Summary

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.

Contacts

TechNavio Research
Jes Ellacott, Media & Marketing Executive
US: +1 630-333-9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com