Kühne + Nagel has faced significant losses in the Swiss market in 2024, making it the worst performer among leading companies. In contrast, Danish competitor DSV is gaining investor favor, particularly as the logistics sector anticipates changes in global trade following Donald Trump's election and potential import tariffs.
The pharmaceutical logistics market is projected to grow from $112.31 billion in 2023 to $124.81 billion in 2024, driven by rising demand for pharmaceutical products and facility expansions. By 2028, the market is expected to reach $191.18 billion, with a CAGR of 11.2%, highlighting trends in security, supply chain optimization, and green logistics initiatives. Major players include McKesson Corporation, FedEx Corp, and Cardinal Health Inc.
The global Third Party Logistics for Healthcare market is projected to reach USD 350.2 billion by 2032, growing at a CAGR of 9.86% from 2024. Key players like Kuehne + Nagel and UPS are driving growth through strategic collaborations and technological advancements across various service types and regions.
The healthcare logistics market is projected to grow from $85.38 billion in 2023 to $134.03 billion by 2028, driven by rising global pharmaceutical sales and the demand for specialized logistics. Key trends include the integration of advanced technologies and collaboration between logistics providers and healthcare institutions. North America remains the largest and fastest-growing region in this sector.
The healthcare cold chain logistics market is segmented by product type, services, delivery mode, and storage techniques, with key players including AmerisourceBergen Corporation and American Airlines Inc. The Asia Pacific blood glucose monitoring system market is projected to grow at 9.5% CAGR, reaching nearly $6.8 billion by 2029, while the gene editing market is expected to expand from $5.1 billion in 2021 to $19.17 billion by 2029, growing at 18% CAGR. Additionally, the global overactive bladder treatment market is anticipated to reach $6.67 billion by 2029, growing at a CAGR of 2.9%.
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