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The Global Pharmaceutical Logistics Market was valued at USD 109.96 Billion in 2019 and is projected to reach USD 230.12 Billion by 2027, growing at a CAGR of 9.67% from 2020 to 2027.
Manufacturers these days are increasingly required to ship large volumes of pharmaceutical materials over long distances. These goods can be extremely sensitive and are valuable. Through the use of Pharmaceutical Logistics in medicine, constant refrigeration of the products from the time of its production, through its transportation, handling, and storage to its delivery is possible. The increase in the market for temperature-sensitive drugs and biological medical products as well as the growing awareness among pharmaceutical and logistics companies alike are leading to the growth of the scope for temperature-controlled pharmaceutical logistics, thereby benefitting the growth of the overa
Global Pharmaceutical Logistics Market Geographic Scope & Forecast 2027, by Type of Logistics, Procedures and Application yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Published: Mar 10, 2021
The global pharmaceutical logistics market involves a very complex operational process, which is essential as pharmaceuticals are an integral part of the health care industry. A pharmaceutical logistics chain is not like other regular logistics chains in terms of type of products, complexity, and cost. Availability and accessibility of pharmaceuticals are of importance for both companies as well as governments. There is no other product apart from pharmaceuticals that has as high a risk of contamination, sterilization, or instability of ingredients. The stability of packages in transportation from factory to consumer is an important factor in pharmaceutical logistics. This process needs to be maintained and monitored well.
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Global Cold Storage Construction Market to Reach $19 Billion by 2027
Amid the COVID-19 crisis, the global market for Cold Storage Construction estimated at US$7.9 Billion in the year 2020, is projected to reach a revised size of US$19 Billion by 2027, growing at a CAGR of 13.4% over the analysis period 2020-2027.
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