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Report Overview
The global healthcare distribution market reached a value of approximately USD 935.46 billion in 2023. The market is further estimated to grow at a CAGR of 7.1% in the forecast period of 2024-2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- Eurostat figures indicate Germany (12.8%) and France (12.2%) led healthcare spending relative to GDP among EU nations in 2020.
- In 2022, the US healthcare spending surged 4.1% to $4.5 trillion, as per the National Health Expenditure Account (NHEA).
- The UK Government data highlights 2,400 hospitals in the UK, which adds to the rising demand for healthcare supplies.
Leading Manufacturers in the Healthcare Distribution Market
The market players offer pharmaceutical sourcing and distribution services, delivering pharmaceutical products, business solutions, and value-added services that enhance access to healthcare.
McKesson Corporation (MCK)
Founded in 1833, with its headquarters in the United States, McKesson is a globally recognized healthcare firm listed on the NYSE (MCK), delivering pharmaceutical distribution, medical supplies, and healthcare technology solutions.
Cardinal Health (CAH)
Established in 1971, and situated in the United States, Cardinal Health (CAH) is a prominent healthcare services entity listed on the NYSE, specializing in global pharmaceutical and medical products distribution.
AmerisourceBergen Corporation (ABC)
Tracing its roots to 2001, AmerisourceBergen Corporation (ABC), headquartered in Pennsylvania, stands as a Fortune 500 company listed on the NYSE, focusing on pharmaceutical distribution and associated services.
Owens & Minor, Inc. (OMI)
Founded in 1882, with its main offices located in Richmond, Virginia, Owens & Minor, Inc. (OMI) is a healthcare logistics enterprise providing distribution, inventory management, and supply chain solutions.
Other players in the market are Morris & Dickson Co. L.L.C., Priority Healthcare Distribution, Inc., FFF Enterprises, Inc., Attain Med, and Dakota Drug, Inc., among others.
Healthcare Distribution Market Report Snapshots
Healthcare Distribution Market Size
Healthcare Distribution Market Growth
Healthcare Distribution Market Trends
Healthcare Distribution Market Share
Healthcare Distribution Manufacturers
Healthcare Distribution Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The healthcare distribution market was valued at USD 935.46 billion in 2023.
The market is projected to grow at a CAGR of 7.1% between 2024 and 2032.
The market is categorised according to the type, which includes pharmaceutical product distribution services, medical device distribution services and biopharmaceutical product distribution services.
The major market drivers include growing significance of generics, increasing prevalence of chronic diseases, and the expanding biosimilars and medical equipment industries due to the advancement in technology.
The e-commerce integration and the growing demand for personalised medications are expected to be key trends guiding the growth of the market.
Based on the end use, the market is divided into retail pharmacies, hospital pharmacies, and others.
The market is broken down into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key market players are McKesson Corporation [MCK (NYSE)], Cardinal Health [CAH (NYSE)], AmerisourceBergen Corporation [ABC (NYSE)], Owens & Minor, Inc. [OMI (NYSE)], Morris & Dickson Co. L.L.C., Priority Healthcare Distribution, Inc., FFF Enterprises, Inc., Attain Med, and Dakota Drug, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124