Healthcare Logistics Market Size, Share, Growth Analysis, By Type(Cold Chain, Non-Cold Chain), By Component(Hardware, Software, Services), By Logistics(Transportation, Packaging, Storage, Others), By Temperature Type(Ambient, Chilled/Refrigerated, Frozen, Cryogenic), By Logistics Type(Overland Logistics, Sea Freight Logistics, Air Freight Logistics, Contract Logistics), By Application(Medicine, Bulk Drug Handlers, Vaccine, Chemical & Other Raw Material), By End User(Biopharmaceutical Companies, Hospital & Clinics, Research Institutes, Others), By Region - Industry Forecast 2024-2031

Global Healthcare Logistics Market size was valued at USD 85.38 billion in 2022 and is poised to grow from USD 92.38 billion in 2023 to USD 165.74 billion by 2031, growing at a CAGR of 7.58% during the forecast period (2024-2031).

Healthcare logistics involves the transportation and warehousing of different types of healthcare products such as pharmaceuticals, medical devices, medical beds, etc. Growing expansion of the healthcare industry and rising healthcare expenditure are projected to be key factors driving the demand for healthcare logistics over the coming years. The rapid expansion of the e-commerce space is also slated to be a key contributor to healthcare logistics market growth in the future. The adoption of sustainable logistics solutions around the world is also slated to create new opportunities for healthcare logistics companies across the forecast period. An increasing number of healthcare organizations focusing on outsourcing their logistics operations are also slated to bolster the healthcare logistics market growth prospects in the future.

Along with regulatory compliance, the global healthcare logistics market is also subject to disruptions in the global supply chain due to numerous factors and all of this could impede market development potential in the future. High adoption of advanced digital technologies in healthcare and logistics could help healthcare logistics companies overcome the constraints and allow the market to grow to its full potential going forward.