Healthcare Distribution Market Size Incredible Possibilities And Growth Analysis
The growth of this market is primarily driven by the rising incidence of chronic diseases, growing importance of generics, rising adoption of track & trace solutions, and the growth of the medical device industry. In addition, emerging markets such as China and India, growth in the biosimilars market, increasing specialty drug dispensing, and increasing uptake of biopharmaceuticals are expected to offer potential growth opportunities to market players in the coming years. Market Growth Overview : The global healthcare distribution market is projected to reach USD 1,048.4 billion by 2024 from USD 765.4 billion in 2019, at a CAGR of 6.5%. However, the increasing pricing pressure on market players is a major factor that is expected to impact market growth in the coming years. The pharmaceutical product distribution services segment dominated the healthcare distribution market in 2018 On the basis of type, the healthcare distribution market is s...