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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Healthcare Distribution Market Share
Retail pharmacies have emerged as a significant end user of healthcare distribution services, especially for pharmaceutical products.
Retail pharmacies, conveniently located in communities, ensure swift access to medications and over-the-counter items, offering patient education, preventive care, and specialised chronic disease management programs for comprehensive healthcare support.
On the other hand, hospital pharmacies are crucial within healthcare institutions, delivering comprehensive care, clinical assistance, formulary oversight, and customised medication solutions, ensuring patient safety and evidence-based practices.
By type, medical device distribution services significantly contribute to the healthcare distribution market revenue. Companies specialise in the distribution of various medical devices, ensuring proficiency in handling, and delivering specialized equipment tailored to specific needs.
Medical device distribution services specialize in managing a broad array of medical equipment, ensuring proficiency, effectiveness, and adherence to regulations, facilitated by advanced inventory management systems for optimal stock levels and efficient operations.
Biopharmaceutical product distribution services excel in maintaining precise temperature control, ensuring regulatory adherence, streamlining supply chain efficiency, and offering specialized handling to ensure the safe transportation and delivery of fragile products.
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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