The global pharmaceutical logistics market is predicted to grow from USD 227.45 billion in 2022 to USD 446.61 billion by 2030, with an estimated CAGR of 8.8% during the forecast period of 2023 to 2030. This is due to the rise in demand for pharmaceutical products, including over-the-counter medicines, vitamins, minerals, supplements, common cold drugs, gastrointestinal drugs, and dermatology products. Factors such as mergers and acquisitions, investment in cutting-edge technologies like telematics and remote monitoring, and the importance of fast-track assistance in the healthcare sector are also driving the market.
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