Healthcare Logistics Market size is set to grow by USD 121.4 billion from 2024-2028, Growing global pharmaceutical sales to boost the market growth, Technavio

The global healthcare logistics market in New York is projected to see substantial growth in the coming years. According to Technavio, the market is expected to increase by USD 121.4 billion from 2024 to 2028, with a compound annual growth rate of over 13.87%. This growth is primarily driven by the rising global pharmaceutical sales, leading to a growing number of initiatives focused on promoting cold chain logistics.

However, the market faces challenges such as increased complexities due to time-bound deliveries and the need for customization of the supply chain. Key players in the market include Agility Public Warehousing Co. K.S.C.P, AGRO Merchants Group, Air Canada, AmerisourceBergen Corp., CEVA Logistics, Cold Chain Technologies, Continental Cargo OU, DB Schenker, Deutsche Post AG, DSV AS, Farmasoft, FedEx Corp., Kuehne Nagel Management AG, McKesson Corp., Oximio, SF Express Co. Ltd., Swisslog Holding AG, United Parcel Service Inc., and VersaCold Logistics Services.

Overall, the healthcare logistics market is poised for significant growth in the coming years, driven by increasing global pharmaceutical sales and the emphasis on improving logistics and supply chain operations in the industry.