Bio-pharma Logistics Market: The global market is expected to grow ... - Benzinga

A recent study by Evolve Business Intelligence reveals that the global Bio-pharma Logistics Market is expected to reach USD 115.07 Billion by 2022, with a CAGR of 9.12% from 2023 to 2033. This market involves specialized transportation, storage, and distribution of pharmaceuticals and biopharmaceuticals. It plays a crucial role in maintaining the quality and safety of healthcare products, especially vaccines. The market's growth is driven by the globalization of pharmaceutical manufacturing, the rise in biotechnology and precision medicine, and the demand for more efficient supply chain solutions. Leading players in the market include FedEx, DHL, SF Express, and United Parcel Service.

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