Global Healthcare Distribution Market: Overview
It is estimated for the global healthcare distribution market to witness growth at a CAGR of 7.1% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 5.8% during the forecast period of 2018 to 2021. In the field of healthcare, distribution includes all the activities taking place in the space and the time separating the patient from the services provider. This feature of the market is the major factor for the growth of the market at a stellar rate during the forecast period.
Global Healthcare Distribution Market - Growth Factors
The growing awareness about health among the younger generation is the major factor for the growth of the market during the forecast period. The growing awareness about the use of wellness supplements on the human body is also a factor that is driving the growth of the market during the forecast period. The increasing disposable income of the people is also a major factor that is letting them opt for wellness checkups at regular intervals and that is estimated to drive the growth of the market during the forecast period. Also, the creation of awareness by various influential people about the use of wellness checkups on television and various other digital platforms is also a major reason for the growth of the market during the forecast period.
Global Healthcare Distribution Market - Market Trends
The growing awareness about the use of wellness supplements on the human body is also a factor that is driving the growth of the market during the forecast period.
The increasing disposable income of the people is also a major factor that is letting them opt for wellness checkups at regular intervals and that is estimated to drive the growth of the market during the forecast period.
The growing number of hospitals is also a major factor that is fostering the growth of the market during the forecast period. The factor played a major role in the growth of the market even during the previous forecast period.
Global Healthcare Distribution Market Segmentation
The global healthcare distribution market has been sub-classified into by type and by end use.
By Type
Medical Device Distribution Services
Biopharmaceutical Product Distribution Services
Pharmaceutical Product Distribution Services
By End-use
Hospital Pharmacies
Retail Pharmacies
Others
Global Healthcare Distribution Market Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.
Global Healthcare Distribution Market Key Market players
McKesson Corporation, Cardinal Health, AmerisourceBergen Corporation, Owens & Minor, Inc., Morris & Dickson Co. L.L.C., Express Scripts Holding Company, FFF Enterprises, Inc., Medline Industries, Inc., Attain Med., Dakota Drug, Inc., Patterson Companies, Inc., Mutual Drug, Redington, Accord-UK Ltd., Phoenix Medical Systems Private Limited, Biotron Healthcare, OrbiMed Advisors LLC, ALLIANCE UNICHEM IP LIMITED and TTK are the major players that are boosting the growth of the market during the forecast period.
