About Healthcare Distribution
Healthcare distribution refers to the process that involves the storage as well as the movement of pharmaceutical product from the manufacturing plant to wholesalers or hospital/clinic. Companies dealing with the healthcare distribution comply with strict government regulations such as pharmaceutical product ought to reach patients in usable form so that they may not affect a patient’s health. Increase in chronic diseases and growth in the healthcare sector will drive the market for healthcare distribution in the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Healthcare Distribution market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Industrial lighting Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage.The Players having a strong hold in the market are McKesson Corporation (US), AmerisourceBergen Corporation (US), Cardinal Health, Inc. (US), Owens & Minor, Inc. (US). Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Healthcare Distribution market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AmerisourceBergen Corporation (United States), McKesson Corporation (United States), Cardinal Health, Inc. (United States), Morris and Dickson Co., LLC (United States), Owens & Minor, Inc. (United States), Rochester Drug Cooperative, Inc. (United States), KeySource Medical, Inc. (United States), Smith Drug Company (United States), Shanghai Pharmaceutical Group Co., Ltd. (China), PHOENIX Group (Germany), Mutual Drug (United States), Henry Schein Inc. (United States) and Patterson Companies Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are FFF Enterprises (United States), Medline Industries (United States) and CuraScript SD (United States).
Segmentation Overview
AMA Research has segmented the market of Global Healthcare Distribution market by Type (Pharmaceutical Product Distribution Services, Medical Device Distribution Services, Biopharmaceutical Product Distribution Services and Other Products) and Region.
On the basis of geography, the market of Healthcare Distribution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Healthcare Distribution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Retail Pharmacies will boost the Healthcare Distribution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Latest Technology Advancement and Innovation in which Suppliers are investing in Advance to Support Growth
Market Growth Drivers:
Rise in Incidence and Large Economic Burden of Chronic Diseases, Growth of Track & Trace Solutions, Growing Importance of Generics and Growth of the Medical Devices Industry
Challenges:
Price Sensitivity in the Market Due to Demand and Supply Gap
Restraints:
Stringent Government Rules and Regulations
Opportunities:
Potential Growth in Emerging Countries and Rise in Specialty Drug Dispensing
Market Leaders and their expansionary development strategies
In April 2019, Cardinal Health collaborated with PANTHERx Specialty Pharmacy (US) to strengthen its cell and gene therapy offerings with a coordinated suite of speciality distribution, third-party logistics (3PL) services, and speciality pharmacy dispensing services.
In October 2023, The Healthcare Distribution Alliance (HDA) launched a new initiative, “We Are Health Delivered,” to emphasize the pharma distribution’s industry’s commitment to delivering health to communities across America. As part of the launch, HDA is releasing a new 30-second national advertisement that spotlights the people.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.