Healthcare Logistics Market in Canada to Record a CAGR of 6.44%, Legislative and Regulatory Changes Supporting Pharma Growth is a Key Driver - Technavio

2022-08-03

NEW YORK, Aug. 3, 2022 /PRNewswire/ -- The healthcare logistics market in Canada is

fragmented. The vendors are deploying various organic and inorganic growth strategies to compete in the market.

The healthcare logistics market size in Canada is expected to grow by USD 926.56 mn from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 6.44% during the forecast period.

Healthcare Logistics Market in Canada to Record a CAGR of 6.44%, Legislative and Regulatory Changes Supporting Pharma Growth is a Key Driver - Technavio

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Technavio has announced its latest market research report titled Healthcare Logistics Market in Canada by Product and Service - Forecast and Analysis 2021-2025

Get a comprehensive report summary describing the market size and forecast along with research methodology. The

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Healthcare Logistics Market in Canada 2021-2025: Scope

The healthcare logistics market in Canada report covers the following areas:

Healthcare Logistics Market in Canada Size

Healthcare Logistics Market in Canada Trends

Healthcare Logistics Market in Canada Industry Analysis

Healthcare Logistics Market in Canada 2021-2025: Vendor Analysis

Air Canada, AmerisourceBergen Corp., Andlauer Healthcare Group Inc., Deutsche Post AG, FedEx Corp., Kuehne Nagel International AG, Purolator Inc., SCI Group Inc., TFI International Inc., and United Parcel Service Inc. are among some of the major market participants. The key offerings of some of these vendors are listed below:

Air Canada - The company offers healthcare logistics such as AC absolute and AC pharmacair.

AmerisourceBergen Corp. - The company offers refrigerated containers, namely Cocoon, under healthcare logistics.

Andlauer Healthcare Group Inc. - The company offers refrigerated containers, namely Accuristix, ATS Healthcare, and MEDDS, under healthcare logistics.

Deutsche Post AG - The company offers DHL Air Thermonet, DHL Ocean Thermonet, DHL Freight Coldchain, and DHL Medical Express for healthcare logistics.

FedEx Corp. - The company offers cold shipping boxes, temperature-controlled solutions, and medical shipping services for healthcare logistics.

This report provides a full list of key vendors, their strategies, and the latest developments.

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Healthcare Logistics Market in Canada 2021-2025: Driver and Challenge

The

legislative and regulatory changes supporting pharma growth are driving the market. The Government of Canada has enforced insurance schemes to ensure basic healthcare coverage and easy payment of personal medical expenses. This will make medical care facilities more accessible and less expensive for citizens. Such regulations reduce the costs of drugs and make them more accessible to the public, thereby driving the sales of drugs.

The

shortage of drivers resulting in higher lead time will challenge the healthcare logistics market in Canada. There is a shortage of skilled truck drivers in the overall logistics market in Canada, which can result in supply chain disruptions and delayed planned expansions. Moreover, with the rising geriatric population in the country, the availability of experienced drivers is also expected to reduce further in Canada. This is leading to a rise in the demand-supply disparities for skilled truck drivers.

Healthcare Logistics Market in Canada 2021-2025: Segmentation

Product

Pharmaceutical Products

Medical Devices

Service

Transportation

Warehousing

Healthcare Logistics Market in Canada 2021-2025: Revenue-generating Product Segments

The

pharmaceutical products segment will have significant market share growth during the forecast period. The increasing development in biopharmaceuticals will fuel the demand for cold chain logistic networks. The growing aging population and a rising number of patients with chronic diseases in the country have increased healthcare spending in the country.

Healthcare Logistics Market in Canada 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025

Detailed information on factors that will assist healthcare logistics market growth in Canada during the next five years

Estimation of the healthcare logistics market size in Canada and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the healthcare logistics market in Canada

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of healthcare logistics market vendors in Canada

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Healthcare Logistics Market in North America by Product, Service, and Geography - Forecast and Analysis 2021-2025

Pharmaceutical Logistics Market in North America by Application and Geography - Forecast and Analysis 2021-2025

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Market Research Reports

Table of Contents:

Executive Summary

Market Landscape

Market ecosystem

Value chain analysis

Market Sizing

Market definition

Market segment analysis

Market size 2020

Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

Market Segmentation by Product

Market segments

Comparison by Product

Pharmaceutical products - Market size and forecast 2020-2025

Medical devices - Market size and forecast 2020-2025

Market opportunity by Product

Market Segmentation by Service

Market segments

Comparison by Service

Transportation - Market size and forecast 2020-2025

Warehousing - Market size and forecast 2020-2025

Market opportunity by Service

Customer landscape

Market drivers

Market challenges

Market trends

Vendor Landscape

Overview

Landscape disruption

Vendor Analysis

Vendors covered

Market positioning of vendors

Air Canada

AmerisourceBergen Corp.

Andlauer Healthcare Group Inc.

Deutsche Post AG

FedEx Corp.

Kuehne Nagel International AG

Purolator Inc.

SCI Group Inc.

TFI International Inc.

United Parcel Service Inc.

Appendix

Scope of the report

Currency conversion rates for US$

Research methodology

List of abbreviations

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