Healthcare Third-party Logistic Market Research Report By Service Type (Distribution, Transportation, Storage, Packaging, Inventory Management), By End User (Pharmaceutical and Biopharmaceutical Companies, Hospitals and Clinics, Medical Device Manufacturers, Research Laboratories, Healthcare Providers), By Product Type (Pharmaceuticals, Medical Devices, Healthcare Equipment, Consumables, Biological Specimens), By Temperature Control (Ambient, Controlled, Refrigerated, Frozen, Cryogenic) and By Regional (North America, Europe, South America,

Healthcare Third-party Logistic Market Overview

As per MRFR analysis, the Healthcare Third-party Logistic Market Size was estimated at 286.66 (USD Billion) in 2022. The Healthcare Third-party Logistic Market Industry is expected to grow from 337.95 (USD Billion) in 2023 to 1,485.82 (USD Billion) by 2032. The Healthcare Third-party Logistic Market CAGR (growth rate) is expected to be around 17.89% during the forecast period (2024 - 2032).

Key Healthcare Third-party Logistic Market Trends Highlighted

Key market drivers in the Healthcare Third-party logistics market include rising healthcare costs, increasing demand for efficient supply chain management, and the growing adoption of technology.

Opportunities exist in emerging markets, where healthcare infrastructure is rapidly developing, and in the expansion of specialized services such as cold chain logistics and medical device distribution.

Recent trends include the use of predictive analytics and data-driven decision-making, the adoption of automation and robotics, and the emergence of value-based pricing models. Cloud-based technology, blockchain, and advanced analytics are also shaping the market landscape.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Healthcare Third-party Logistic Market Drivers

Increasing Demand for Specialized Healthcare Logistics Services

The healthcare industry is becoming increasingly complex with the development of new drugs, medical devices, and treatments. This complexity is driving the demand for specialized healthcare logistics services that can handle the transportation and storage of these products.

Third-party logistics (3PL) providers are well-positioned to meet this demand, as they have the expertise and infrastructure to handle the unique requirements of the healthcare industry.

For example, 3PLs can provide temperature-controlled transportation for vaccines and other sensitive products, as well as secure storage for controlled substances.

As the healthcare industry continues to grow and evolve, the demand for specialized healthcare logistics services is expected to increase. This will be a major driver of growth for the Global Healthcare Third-party Logistic Market Industry in the coming years.

Growth of E-commerce in the Healthcare Sector

The growth of e-commerce in the healthcare sector is another major driver of growth for the Global Healthcare Third-party Logistic Market Industry. Patients are increasingly purchasing healthcare products and services online, and this trend is expected to continue in the coming years.

This growth is creating a need for efficient and reliable logistics services that can deliver healthcare products to patients' homes or other locations. 3PLs are well-positioned to meet this need, as they have the experience and infrastructure to handle the unique requirements of the healthcare industry.

For example, 3PLs can provide temperature-controlled transportation for vaccines and other sensitive products, as well as secure storage for controlled substances. As the growth of e-commerce in the healthcare sector continues to accelerate, the demand for 3PL services is expected to increase.

Government Regulations and Compliance

Government regulations and compliance are also driving the growth of the Global Healthcare Third-party Logistic Market Industry. The healthcare industry is heavily regulated, and these regulations impact the way that healthcare products are transported and stored.

3PLs can help healthcare providers to comply with these regulations by providing them with the expertise and infrastructure to handle the unique requirements of the healthcare industry. For example, 3PLs can provide temperature-controlled transportation for vaccines and other sensitive products, as well as secure storage for controlled substances.

As the healthcare industry continues to evolve, the regulatory landscape is expected to become increasingly complex. This will create a growing need for 3PL services that can help healthcare providers to comply with these regulations.

Healthcare Third-party Logistic Market Segment Insights

Healthcare Third-party Logistic Market Service Type Insights

The Global Healthcare Third-party Logistic Market is segmented by Service Type into Distribution, Transportation, Storage, Packaging, and Inventory Management. Among these segments, Distribution held the largest market share in 2023, with a valuation of USD 102.36 billion.

This dominance can be attributed to the growing demand for efficient and reliable distribution channels for healthcare products, especially in emerging markets. Transportation was another significant segment, with a market valuation of USD 79.45 billion in 2023.

The increasing need for specialized transportation services for temperature-sensitive and time-critical healthcare products is driving the growth of this segment. Storage services are also expected to witness substantial growth, with a last-recorded market value of USD 65.29 billion in 2023.

The rising demand for temperature-controlled storage facilities for pharmaceuticals and biologics is a major factor contributing to this growth. Packaging is another important segment, with a last-recorded market size of USD 43.78 billion in 2023. The need for innovative and compliant packaging solutions for healthcare products is driving the growth of this segment.

Inventory Management is expected to register a steady growth rate, with a last-recorded market valuation of USD 46.97 billion in 2023. The increasing adoption of inventory management systems to optimize stock levels and reduce wastage is a key factor driving this segment's growth.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Healthcare Third-party Logistic Market End User Insights

The Global Healthcare Third-party Logistic Market is segmented by End User into Pharmaceutical and Biopharmaceutical Companies, Hospitals and Clinics, Medical Device Manufacturers, Research Laboratories, and Healthcare Providers.

Pharmaceutical and Biopharmaceutical Companies held a significant share of the market in 2023, owing to the increasing demand for efficient and cost-effective supply chain management solutions for temperature-sensitive pharmaceuticals and biologics.

Hospitals and Clinics are also expected to contribute significantly to the market growth as they increasingly outsource non-core logistics functions to focus on patient care.

Medical Device Manufacturers, Research Laboratories, and Healthcare Providers are also expected to drive market growth as they seek to optimize their supply chains and reduce costs.

Healthcare Third-party Logistic Market Product Type Insights

The Global Healthcare Third-party Logistic Market is segmented by product type into pharmaceuticals, medical devices, healthcare equipment, consumables, and biological specimens. The pharmaceuticals segment held the largest market share in 2023, owing to the increasing demand for outsourced pharmaceutical logistics services.

The medical devices segment is expected to witness significant growth over the forecast period, driven by the rising adoption of minimally invasive surgical procedures and the growing demand for personalized medicine.

The healthcare equipment segment is expected to grow steadily, supported by the increasing demand for specialized medical equipment for chronic diseases and the growing number of hospitals and clinics. The consumables segment is expected to witness moderate growth, driven by the increasing demand for disposable medical supplies and the growing awareness of infection control.

The biological specimens segment is expected to grow at a slower pace due to the challenges associated with the transportation and storage of biological specimens.

Healthcare Third-party Logistic Market Temperature Control Insights

The Temperature Control segment is a crucial aspect of the Global Healthcare Third-party logistics market, catering to the specific storage and transportation requirements of temperature-sensitive healthcare products. The segment is segmented into Ambient, Controlled, Refrigerated, Frozen, and Cryogenic temperature ranges.

Each range has unique characteristics and regulations to ensure the integrity and efficacy of the products being handled. In 2023, the Refrigerated segment held the largest market share due to the increasing demand for vaccines, biologics, and other temperature-sensitive pharmaceuticals.

The growing prevalence of chronic diseases and the expansion of the biopharmaceutical industry are driving the demand for refrigerated logistics services. The Controlled and Frozen segments are also expected to witness significant growth in the coming years due to the rising demand for temperature-controlled transportation of pharmaceuticals, clinical specimens, and medical devices.

The Global Healthcare Third-party Logistic Market for Temperature Control is highly regulated, with stringent guidelines and standards to ensure product quality and patient safety.

Industry players must comply with Good Distribution Practices (GDP) and other regulatory requirements to maintain the integrity of the products throughout the supply chain. Technological advancements such as real-time temperature monitoring systems, GPS tracking, and data loggers are transforming the Temperature Control segment, enabling real-time visibility and control over the transportation process.

Healthcare Third-party Logistic Market Regional Insights

Regional Market Overview Regionally, North America dominates the Global Healthcare Third-party Logistic Market with a significant market share, driven by factors such as advanced healthcare infrastructure, high adoption of technology, and increasing demand for specialized logistics services.

Europe holds the second-largest market share, fueled by a robust pharmaceutical industry and government initiatives to improve healthcare logistics efficiency.

The Asia-Pacific (APAC) region is expected to witness the fastest growth over the forecast period, owing to rising healthcare expenditure, growing population, and expanding healthcare infrastructure.

South America and the Middle East and Africa (MEA) regions are also expected to contribute to the market growth, supported by increasing investments in healthcare and the rise of emerging markets. By 2025, the Global Healthcare Third-party Logistic Market is projected to reach USD 400 billion, with North America, Europe, and APAC accounting for the majority of the market share.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Healthcare Third-party Logistic Market Key Players and Competitive Insights:

Major players in the Healthcare Third-party logistics market are continuously focusing on expanding their geographic presence by acquiring local players to enhance their service offerings. They are also emphasizing strengthening their global network and improving their infrastructure.

Leading Healthcare Third-party logistics market players are investing in digitalization and advanced technologies such as artificial intelligence (AI), machine learning (ML), and blockchain to improve operational efficiency and provide better services.

By integrating innovative technologies, they aim to enhance visibility, optimize inventory management, and reduce costs throughout the supply chain. Competitive Landscape in Healthcare Third-party Logistic Market is expected to remain competitive, with established players and new entrants vying for market share.

Among the leading global Healthcare Third-party logistics market players, Agility is a prominent player in the industry. The company offers customized supply chain solutions for the healthcare sector, including temperature-controlled transportation and storage, vendor management, and distribution services.

Agility has a worldwide presence and serves a diverse customer base in the healthcare industry. The company focuses on providing innovative solutions, investing in technology, and ensuring regulatory compliance to meet the specific requirements of its customers.

Another notable competitor in the Healthcare Third-party logistics market is DB Schenker. The company provides end-to-end logistics solutions for the healthcare industry, including transportation, warehousing, distribution, and customs clearance.

DB Schenker has a global network and offers specialized services such as temperature-controlled solutions, clinical trial logistics, and regulatory compliance support. The company emphasizes providing customized solutions tailored to the unique needs of its healthcare customers.

Key Companies in the Healthcare Third-party Logistic Market Include

• McKesson


• AmerisourceBergen


• United Parcel Service


• Owens Minor


• H. Robins


• Medline Industries


• DHL Supply Chain


• Kuehne + Nagel


• Cardinal Health


• FedEx


• Expeditors


• DB SchenkerneweraAmerisource


• Agility Logistics


• DSV Panalpina A/S

Healthcare Third-party Logistic Market Industry Developments

The rising demand for efficient and cost-effective logistics solutions in the healthcare industry, increasing adoption of technology and automation, and growing focus on patient-centric healthcare delivery are key factors driving market growth.

The market is witnessing significant investments in infrastructure and technology to enhance supply chain visibility and efficiency. Strategic partnerships and collaborations among healthcare providers, third-party logistics providers, and technology companies are shaping the market landscape.

The increasing prevalence of chronic diseases, the aging population, and expanding healthcare access in developing regions are further fueling market expansion.

Healthcare Third-party Logistic Market Segmentation Insights

Healthcare Third-party Logistic Market Service Type Outlook

• Distribution


• Transportation


• Storage


• Packaging


• Inventory Management

Healthcare Third-party Logistic Market End User Outlook

• Pharmaceutical and Biopharmaceutical Companies


• Hospitals and Clinics


• Medical Device Manufacturers


• Research Laboratories


• Healthcare Providers

Healthcare Third-party Logistic Market Product Type Outlook

• Pharmaceuticals


• Medical Devices


• Healthcare Equipment


• Consumables


• Biological Specimens

Healthcare Third-party Logistic Market Temperature Control Outlook

• Ambient


• Controlled


• Refrigerated


• Frozen


• Cryogenic

Healthcare Third-party Logistic Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa