North America Healthcare Logistics Market Introduction and Overview
According to SPER Market Research, the North America Healthcare Logistics Market is estimated to reach USD 75.75 billion by 2033 with a CAGR of 8.53%.
The report includes an in-depth analysis of the North America Healthcare Logistics Market, including market size and trends, product mix, applications, and supplier analysis. The complex network that makes sure medications, medical equipment, supplies, and even blood products are transported from their point of origin to the patient's bedside is known as healthcare logistics. The field of healthcare logistics involves the intricate coordination of information technology, inventory management, warehousing, and transportation. Healthcare logistics also includes information management, and cold chain management. This industry is essential to preserving patient safety, improving healthcare operations, and cutting costs. It handles everything from managing the cold chain for temperature-sensitive drugs to organizing emergency supply delivery.
- C.H. Robinson and Waymo formed a strategic alliance to investigate the potential applications of autonomous driving technology in the logistics industry. By fusing C.H. Robinson's Navisphere technology with Waymo's ground-breaking Waymo Driver, they want to improve productivity and expand their product line in supply chain management.
- BDP INTERNATIONAL's major offices in Brussels, Milan, and JFK now have Center of Excellence for Independent Validators (CEIV) accreditation for pharmaceutical logistics. The International Air Transport Association's (IATA) acknowledgement of BDP highlights the company's dedication to upholding the strictest international compliance guidelines, guaranteeing the integrity of pharmaceutical items while in transit, and expanding its presence throughout the world in the sector.
Market Opportunities and Challenges
Opportunities- Effective logistics solutions are required to guarantee the smooth distribution of medical supplies, medications, and equipment as nations throughout the world increase their investments in healthcare systems to meet the demands of expanding populations. A strong logistics infrastructure is required to support the growth of healthcare institutions, pharmaceutical manufacture, and distribution networks, which is fuelled by this increased spending. The logistics needed to deliver delicate and expensive medical supplies get more complex as healthcare grows more specialised and complex. More effective inventory management, route optimisation, and supply chain visibility are made possible by innovations like automation, artificial intelligence, and real-time tracking technologies. The quality and dependability of healthcare logistics operations are eventually increased by these technologies, which also streamline procedures, cut expenses, and minimise errors.
Challenges- For the safe and effective transportation of medical supplies, logistics companies need to make investments in temperature-controlled storage facilities, specialty cars, and tracking systems. Compliance with regulations raises operating expenses, requiring spending on audits, documentation, and employee training. These excessive expenses may restrict the accessibility and affordability of healthcare logistics services and reduce profit margins, particularly in a competitive market. These systems are susceptible to cyberattacks such as ransomware, data breaches, and phishing schemes because of their interconnectedness. Such assaults have the potential to impair confidence in the healthcare supply chain, interfere with operations, and compromise private patient data. Cybersecurity solutions become more complex and expensive due to regulatory compliance requirements, such the United States' HIPAA, which establish stringent criteria for securing patient data.
Market Competitive Landscape
The competitive landscape of the market offers information by rival. In-depth information is provided about the company's background, finances, revenue, market potential, R&D spending, new market initiatives, global reach, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product breadth and width, and application dominance. The information provided above only relates to the market emphasis of the companies. Leading companies in the industry are AmerisourceBergen Corp, Bollore SE, C H Robinson Worldwide Inc, Deutsche Bahn AG, FedEx Corp, Hellmann Worldwide Logistics SE and Co KG, Lineage Logistics Holdings LLC, Noatum Holdings SLU, and United Parcel Service Inc.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Components, By Temperature Type, By Logistics, By Logistics Type, By Application, By End-user.
|
| Regions covered | Canada, Mexico, United States
|
| Companies Covered | AmerisourceBergen Corp, Bollore SE, C H Robinson Worldwide Inc, Deutsche Bahn AG, FedEx Corp, Hellmann Worldwide Logistics SE and Co KG, Lineage Logistics Holdings LLC, Noatum Holdings SLU, United Parcel Service Inc. |
COVID-19 Impact on North America Healthcare Logistics Market
The healthcare logistics market in North America has been significantly affected by the COVID-19 pandemic. The pandemic caused a sharp increase in demand for other essential medical goods like ventilators and test kits, as well as personal protective equipment (PPE) like masks, gloves, and gowns. Unprecedented strain was placed on supply chains by this abrupt rise, which resulted in shortages and logistical difficulties when manufacturing and delivery were quickly scaled up. Due to lockdowns, border closures, and transit restrictions brought on by the pandemic, there were major disruptions in global supply chains that affected the timely delivery of necessities. Healthcare product availability was impacted by higher lead times and delays in both domestic and international delivery.
Key Target Audience:
- Healthcare Providers
- Pharmaceutical Companies
- Medical Device Manufacturers
- Biotechnology Firms
- Hospitals and Clinics
- Pharmacies
- Government Health Agencies
- Supply Chain and Logistics Companies
- Research Institutions
- Long-Term Care Facilities
Our in-depth analysis of the North America Healthcare Logistics Market includes the following segments:
|
By Type:
|
Non-Cold Chain
Cold Chain
|
|
By Components:
|
Hardware
Services
Software
|
|
By Temperature Type:
|
Ambient
Chilled/Refrigerated
Frozen
Cryogenic
|
|
By Logistics:
|
Transportation
Packaging
Storage
Others
|
|
By Logistics Type:
|
Overland Logistics
Sea Freight Logistics
Air Freight Logistics
Contract Logistics
|
|
By Application:
|
Medicine
Bulk Drug Handlers
Vaccine
Chemical and Other Raw Material
Biological Material and Organs
Hazardous Cargo
Others
|
|
By End-User:
|
Biopharmaceutical Companies
Hospital and Clinics
Research Institutes
Others
|
Key Topics Covered in the Report:
- North America Healthcare Logistics Market Size (FY’2024-FY’2033)
- Overview of North America Healthcare Logistics Market
- Segmentation of North America Healthcare Logistics Market by Type (Non-Cold Chain, Cold Chain)
- Segmentation of North America Healthcare Logistics Market by Components (Hardware, Services, Software)
- Segmentation of North America Healthcare Logistics Market by Temperature Type (Ambient, Chilled/Refrigerated, Frozen, Cryogenic)
- Segmentation of North America Healthcare Logistics Market by Logistics (Transportation, Packaging, Storage, Others)
- Segmentation of North America Healthcare Logistics Market by Logistics Type (Overland Logistics, Sea Freight Logistics, Air Freight Logistics, Contract Logistics)
- Segmentation of North America Healthcare Logistics Market by Application (Medicine, Bulk Drug Handlers, Vaccine, Chemical and Other Raw Material, Biological, Material and Organs, Hazardous Cargo, Others)
- Segmentation of North America Healthcare Logistics Market by End-user (Biopharmaceutical Companies, Hospital and Clinics, Research Institutes, Others)
- Statistical Snap of North America Healthcare Logistics Market
- Expansion Analysis of North America Healthcare Logistics Market
- Problems and Obstacles in North America Healthcare Logistics Market
- Competitive Landscape in the North America Healthcare Logistics Market
- Impact of COVID-19 and Demonetization on North America Healthcare Logistics Market
- Details on Current Investment in North America Healthcare Logistics Market
- Competitive Analysis of North America Healthcare Logistics Market
- Prominent Players in the North America Healthcare Logistics Market
- SWOT Analysis of North America Healthcare Logistics Market
- North America Healthcare Logistics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the North America Healthcare Logistics Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Healthcare Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Healthcare Logistics Market
7. North America Healthcare Logistics Market By Type (USD Million) 2020-2033
7.1. North America Healthcare Logistics Market Size, Share and Forecast, By Type, 2020-2026
7.2. North America Healthcare Logistics Market Size, Share and Forecast, By Type, 2027-2033
7.3. Non-Cold Chain
7.4. Cold Chain
8. North America Healthcare Logistics Market, By Components (USD Million) 2020-2033
8.1. North America Healthcare Logistics Market Size, Share and Forecast, By Components, 2020-2026
8.2. North America Healthcare Logistics Market Size, Share and Forecast, By Components, 2027-2033
8.3. Hardware
8.4. Services
8.5. Software
9. North America Healthcare Logistics Market, By Temperature Type (USD Million) 2020-2033
9.1. North America Healthcare Logistics Market Size, Share and Forecast, By Temperature Type 2020-2026
9.2. North America Healthcare Logistics Market Size, Share and Forecast, By Temperature Type, 2027-2033
9.3. Ambient
9.4. Chilled/Refrigerated
9.5. Frozen
9.6. Cryogenic
10. North America Healthcare Logistics Market, By Logistics (USD Million) 2020-2033
10.1. North America Healthcare Logistics Market Size, Share and Forecast, By Logistics, 2020-2026
10.2. North America Healthcare Logistics Market Size, Share and Forecast, By Logistics, 2027-2033
10.3. Transportation
10.4. Packaging
10.5. Storage
10.6. Others
11. North America Healthcare Logistics Market, By Logistics Type (USD Million) 2020-2033
11.1. North America Healthcare Logistics Market Size, Share and Forecast, By Logistics Type, 2020-2026
11.2. North America Healthcare Logistics Market Size, Share and Forecast, By Logistics Type, 2027-2033
11.3. Overland Logistics
11.4. Sea Freight Logistics
11.5. Air Freight Logistics
11.6. Contract Logistics
12. North America Healthcare Logistics Market, By Application (USD Million) 2020-2033
12.1. North America Healthcare Logistics Market Size, Share and Forecast, By Application, 2020-2026
12.2. North America Healthcare Logistics Market Size, Share and Forecast, By Application, 2027-2033
12.3. Medicine
12.4. Bulk Drug Handlers
12.5. Vaccine
12.6. Chemical and Other Raw Material
12.7. Biological Material and Organs
12.8. Hazardous Cargo
12.9. Others
13. North America Healthcare Logistics Market, By End-User (USD Million) 2020-2033
13.1. North America Healthcare Logistics Market Size, Share and Forecast, By End-User, 2020-2026
13.2. North America Healthcare Logistics Market Size, Share and Forecast, By End-User, 2027-2033
13.3. Biopharmaceutical Companies
13.4. Hospital and Clinics
13.5. Research Institutes
13.6. Others
14. North America Healthcare Logistics Market Forecast, 2020-2033 (USD Million)
14.1. North America Healthcare Logistics Market Size and Market Share
15. North America Healthcare Logistics Market, By Region, 2020-2033 (USD Million)
15.1. North America Healthcare Logistics Market Size and Market Share By Region (2020-2026)
15.2. North America Healthcare Logistics Market Size and Market Share By Region (2027-2033)
15.3. North America
15.3.1. Canada
15.3.2. Mexico
15.3.3. United States
16. Company Profile
16.1. AMERISOURCEBERGEN CORP
16.1.1. Company details
16.1.2. Financial outlook
16.1.3. Product summary
16.1.4. Recent developments
16.2. BOLLORE SE
16.2.1. Company details
16.2.2. Financial outlook
16.2.3. Product summary
16.2.4. Recent developments
16.3. C H ROBINSON WORLDWIDE INC.
16.3.1. Company details
16.3.2. Financial outlook
16.3.3. Product summary
16.3.4. Recent developments
16.4. DEUTSCHE BAHN AG
16.4.1. Company details
16.4.2. Financial outlook
16.4.3. Product summary
16.4.4. Recent developments
16.5. FEDEX CORP
16.5.1. Company details
16.5.2. Financial outlook
16.5.3. Product summary
16.5.4. Recent developments
16.6. HELLMANN WORLDWIDE LOGISTICS SE AND CO KG
16.6.1. Company details
16.6.2. Financial outlook
16.6.3. Product summary
16.6.4. Recent developments
16.7. LINEAGE LOGISTICS HOLDINGS LLC
16.7.1. Company details
16.7.2. Financial outlook
16.7.3. Product summary
16.7.4. Recent developments
16.8. NOATUM HOLDINGS SLU
16.8.1. Company details
16.8.2. Financial outlook
16.8.3. Product summary
16.8.4. Recent developments
16.9. UNITED PARCEL SERVICE INC
16.9.1. Company details
16.9.2. Financial outlook
16.9.3. Product summary
16.9.4. Recent developments
16.10. Others
17. Conclusion
18. List of Abbreviations
19. Reference Links