Healthcare Distribution Market - Trends Forecast Till 2028

Healthcare Distribution Market, by Type (Pharmaceutical (Brand-name, Generic, OTC, Vitamins), Medical Device, Biopharmaceutical (Vaccines, Monoclonal Antibodies)), End User (Retail Pharmacies, Hospital Pharmacies) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-HC-HDM-518

Format:  

Number of Pages: 319

Domain: Healthcare

Healthcare Distribution Market – Trends Forecast Till 2028

Healthcare distribution involves the purchasing and legal ownership of pharmaceuticals. It also involves the management of both inventory and credit risks. This allows the manufactures to solely focus on their manufactured products and drug development and leave everything else onto them.

The global Healthcare Distribution market size is projected to reach USD 1100 billion by 2026 at a CAGR of 6.9% from USD 790 billion in 2021 during the forecast period 2021-2028.

With the growing importance of generics along with the expansion of medical device industry and the higher cases of chronic disease are some of the factors that have supported long-term expansion for Healthcare Distribution Market.

Healthcare Distribution Market Analysis

North America is expected to be the largest market during the forecast period. The regulatory requirements of healthcare sector, higher number of pharmaceuticals and biotechnological companies’ sector have led to growth in the healthcare distribution in the region.

Healthcare Distribution Market is segmented into Type, End User and geography.

On the basis of Type

  • Pharmaceutical Product Distribution Services
    • OTC Drugs/Vitamins
    • Generic Drugs
    • Brand-name/Innovator Drugs
  • Biopharmaceutical Product Distribution Services
    • Monoclonal Antibodies
    • Vaccines
    • Recombinant Proteins
    • Blood and Blood Products
    • Other Products (cellular & gene therapy products, stem cell products, and tissue & tissue products)
  • Medical Device Distribution Services

On the basis of End-User

  • Retail Pharmacies
  • Hospital Pharmacies
  • Other End Users (clinical laboratories, physician offices, home care settings, online pharmacies, and long-term care facilities)

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Healthcare Distribution Market Primary Respondent

 

Key Players

  • McKesson Corporation
  • AmerisourceBergen Corporation
  • Cardinal Health, Inc.
  • Owens & Minor, Inc.
  • Morris and Dickson Co., LLC
  • KeySource Medical, Inc.
  • Rochester Drug Cooperative, Inc.
  • Henry Schein Inc.
  • Smith Drug Company
  • FFF Enterprises
  • Patterson Companies Inc.
  • Mutual Drug
  • Shanghai Pharmaceutical Group Co., Ltd.
  • Medline Industries
  • PHOENIX Group
  • CuraScript SD

Recent Developments

  • In April 2019, Cardinal Health signed a collaboration with PANTHERx Specialty Pharmacy in order  to strengthen its cell and gene therapy offerings along with a coordinated suite of specialty distribution, third-party logistics (3PL) services, and specialty pharmacy dispensing services. 
  • In April 2019, McKesson and Google Cloud collaborated in order to develop new modernized applications and solutions for product manufacturing, specialty pharmaceutical distribution, and retail operations for pharmacies.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Healthcare Distribution market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 790 billion

Growth Rate

CAGR of 6.9% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

material type, end use, implementation and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

McKesson Corporation, AmerisourceBergen Corporation, Cardinal Health, Inc.,  Owens & Minor, Inc. ,  Morris and Dickson Co., LLC ,  KeySource Medical, Inc. ,  Rochester Drug Cooperative, Inc. ,  Henry Schein Inc. ,  Smith Drug Company ,  FFF Enterprises ,  Patterson Companies Inc. ,  Mutual Drug ,  Shanghai Pharmaceutical Group Co., Ltd., Medline Industries ,  PHOENIX Group, and CuraScript SD

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