Us$10 Billion Pharmaceutical Cold Chain Logistics Market

By Author: Guchen Industry
Total Articles: 7
Comment this article

According to the annual data analysis of the global cold chain by "Pharmaceutical Commerce" magazine, the latest survey is on drugs that are affected by temperature during transportation. The results show that the global pharmaceutical cold chain industry will exceed 10.01 billion US dollars this year. With this development trend , Predicts that it will reach a market value of 13 billion US dollars in 2019. Since comprehensive trade statistics and logistics data usually lag behind the actual one year, the survey is based on the results of 2013. From 2013 to 2019, the market value of pharmaceutical cold chain logistics is expected to increase from US$9 billion to US$13 billion.

"Through research on various markets, the results show that until 2019, the total sales of pharmaceuticals have increased at a rate of about 5% per year, while the sales of products requiring cold chain transportation have increased by about 9% per year", Editor-in-Chief of Pharmaceutical Commerce magazine Nicholas Basta said, “So the actual results are consistent with the empirical data obtained in the past. The sales volume of products under ...
... temperature control will increase at twice the rate of products under non-cold chain conditions, and the logistics costs incurred will also increase with Growth."

　　 During the entire investigation process, "Pharmaceutical Commerce" first investigated the currently approved drugs, and the labels of these drugs marked the storage and transportation conditions, and also evaluated the reagents as much as possible. Then compare the drugs in these sample surveys with the drugs sold, and estimate the cost of the entire pharmaceutical logistics. The data is divided into several items, according to different transportation routes (air, land, sea), transportation, packaging, and testing methods. The proportion of expenditure varies.

"In the general trend, we can see that special attention should be paid to the improvement of test equipment during the drug transportation process, so as to obtain true and reliable data. The drug transportation must especially follow the European Pharmaceutical Distribution Law (GDP), which is extremely strict for drugs with temperature requirements. ." Basta said.

"Pharmaceutical Commerce" also predicts the logistics of drugs used in clinical trials. The logistics cost budget for the entire clinical trial drug is 3 billion US dollars. By 2019, it will increase to 3.029 billion US dollars, which will increase at a rate of 2.5% every year. .

As China's first bus air conditioner manufacturer and supplier, Guchen Industry have been dedicated in this industry for more than 10 years. All our items include: electric bus air conditioner, best bus HVAC system, and transport refrigeration units. We provide best HVAC solutions for your truck, van and bus.