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 2025-2032

Healthcare Logistics Market size was valued at USD 92.38 Billion in 2023 and is poised to grow from USD 99.38 Billion in 2024 to USD 178.3 Billion by 2032, growing at a CAGR of 7.58% during the forecast period (2025-2032).

Globalization is the interdependence of the world's economies, populations, and cultures brought together by cross-border trade in technology, goods, and others. Today, most of the country's economy is highly dependent on buying and selling goods among various countries. The Asia-Pacific and North America region has been the major players in global trade and has a high volume of trade flow that has increased the requirement of logistics service providers to make the flow of trade more convenient and faster. Thus, it is boosting the growth in the healthcare logistics market globally. 

Third-party logistics is outsourced with operational logistics from warehousing to delivery, this includes providing several services in the supply chain such as freight forwarding, packaging, order fulfillment, inventory forecasting, picking and packing, warehousing, and transportation. Third-party logistics offers a wide range of benefits as it helps the business owners to focus more on the other aspects of business such as product development, marketing, and sales. The high benefits offered by third-party logistics are therefore acting as the major factor for boosting the growth of the global healthcare logistics market. 
Healthcare management refers to the management of the storage, transportation and delivery of medical supplies, drugs, devices, and other healthcare supplies. Furthermore, the growth in healthcare infrastructure and healthcare provision across the globe is estimated to have a positive impact on the healthcare logistics market growth. Increased focus on patient safety and increasing number of chronic diseases call for reliable and efficient logistics, thereby enhancing market growth. Growing need for thermal transportation and stringent regulations on healthcare storage and transportation are driving the market. In November 2023, the Government announced the implementation of new strategies and practices aimed at strengthening healthcare delivery. New strategies are being introduced to address the challenges of essential drugs and drug resistance.