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In 2024, Emirates SkyCargo unveiled a series of innovative solutions aimed at revolutionizing pharmaceutical logistics. The company introduced thermal covers to reduce risks in temperature-controlled environments, with the expansion of the fleet of cool trucks, cool dollies, and hybrid containers furnished with dry ice, phase change, and nitrogen technology to ensure the safe transport of frozen items.
According to MarkNtel Advisors study, The Saudi Arabia Pharmaceutical Logistics Market size was valued at around USD 1.19 billion in 2023 & is estimated to grow at a CAGR of around 6.33% during the forecast period, i.e., 2024-30.
The Saudi Arabia Pharmaceutical Logistics Market is being driven by various factors, including the country's growing population and the increasing demand for domestic drug manufacturing. With expanding operations and the establishment of manufacturing bases by global pharmaceutical giants, there's a heightened need for comprehensive logistics services. Additionally, with evolving lifestyles and a steady influx of expatriate workers, there's growing health awareness among the populace, which further contributes to the market's growth trajectory.
Download Free Sample Copy @ https://www.marknteladvisors.com/qu...i-arabia-pharmaceutical-logistics-market.html
Market Growth Driver: Hygiene and pandemic preparedness have emerged as critical drivers for the increased adoption of cleaning robots in the Gulf Cooperation Council (GCC) region. The global pandemic in 2020 has underscored the importance of stringent hygiene practices to mitigate the risk of virus transmission. Cleaning robots offer a contactless and highly effective means of disinfection, addressing concerns related to manual cleaning processes and the potential for human exposure to pathogens. Further, as the economies of GCC nations are focusing on expanding their GDP growth from non-oil sectors, substantial infrastructure development projects are currently underway in the region. As the infrastructure would require a dedicated team to maintain hygiene, considering the labor shortages, the deployment of cleaning robots would continue to upsurge in the region.
Saudi Arabia Pharmaceutical Logistics Market Key Players:
DHLGroup, FedEx, CEVA Logistics, Hellman Worldwide Logistics, DB Schenker, DSV, SMSA Express Transportation Company Ltd., Kuehne+Nagel, Aramex, Nupco, and others
Market Segmentation Overview:
By Product Type
-Generic/Branded Drugs & Medicines
-Surgical Goods & Medical Devices
In Saudi Arabia's Pharmaceutical Logistics Market, a critical focus lies on managing the distribution of Generic/Branded Drugs & Medicines (prescription medications requiring physician authorization). These drugs are essential for treating critical medical conditions and chronic illnesses such as cancer, diabetes, respiratory diseases, etc. Ensuring the secure and timely delivery of these essential drugs presents logistical complexities due to their potency and complexity. This necessitates specialized handling and transportation, further complicated by stringent regulatory requirements.
Logistics providers must invest in advanced technologies and processes to guarantee compliance while safeguarding medication integrity, driving market growth, and boosting market share. Prescription medications necessitate greater attention than over-the-counter (OTC) drugs, such as those for headaches, colds, and allergies, which are commonly purchased without a doctor's prescription. These prescribed medicines demand quality care and detailed manufacturing research, requiring heavy investments in research equipment to cater to varied requirements based on individual symptoms. Paramount to this effort is a collaboration among stakeholders to streamline authorization processes and enhance supply chain efficiency, addressing challenges and leveraging growth in market analysis.
By Mode of Transport
-Air
-Railway
-Road
-Sea
By Service Type
-Transportation & Freight Forwarding
-Warehousing
-Cross-Docking
-Value Added Services
By Application
-Chemical Pharma
-Bio-Pharma
-Specialized Pharma
By Storage Type
-Refrigerated-Market Size & Forecast 2019-2030, (USD Million)
--Ultra-frozen (Less than 0°C)
--Chilled (1°C - 10°C)
--Air-conditioned (Above 10°C)
-Ambient
By Logistics Provider Type
-2PL (Second Party)
-3PL (Third-Party)
-4PL (Fourth-Party)
-Integrated Logistics
By End Users
-Hospitals
-Laboratories
-Pharmaceutical Companies
-Others (Clinics, Pharmacies, etc.)
Read Full Report @ https://www.marknteladvisors.com/research-library/saudi-arabia-pharmaceutical-logistics-market.html
By Region
In 2021, AJA Pharmaceutical Industries Ltd. (AJA Pharma), a subsidiary of Saudi Chemical Company Holding (SCCH), signed a Memorandum of Understanding (MoU) with Eli Lily, Saudi Arabia, at the Ministry of Investment Headquarters. The agreement emphasized enhancing and increasing the local production of insulin and expanding its services to Saudi Arabia and globally.
Note: If you require specific information not covered in the current report, we can provide it through customized option
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About MarkNtel Advisors:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.
Have an Any Query,
Call Us - US Office: +1 628 895 8081
Email - [email protected]
Address Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
According to MarkNtel Advisors study, The Saudi Arabia Pharmaceutical Logistics Market size was valued at around USD 1.19 billion in 2023 & is estimated to grow at a CAGR of around 6.33% during the forecast period, i.e., 2024-30.
The Saudi Arabia Pharmaceutical Logistics Market is being driven by various factors, including the country's growing population and the increasing demand for domestic drug manufacturing. With expanding operations and the establishment of manufacturing bases by global pharmaceutical giants, there's a heightened need for comprehensive logistics services. Additionally, with evolving lifestyles and a steady influx of expatriate workers, there's growing health awareness among the populace, which further contributes to the market's growth trajectory.
Download Free Sample Copy @ https://www.marknteladvisors.com/qu...i-arabia-pharmaceutical-logistics-market.html
Market Growth Driver: Hygiene and pandemic preparedness have emerged as critical drivers for the increased adoption of cleaning robots in the Gulf Cooperation Council (GCC) region. The global pandemic in 2020 has underscored the importance of stringent hygiene practices to mitigate the risk of virus transmission. Cleaning robots offer a contactless and highly effective means of disinfection, addressing concerns related to manual cleaning processes and the potential for human exposure to pathogens. Further, as the economies of GCC nations are focusing on expanding their GDP growth from non-oil sectors, substantial infrastructure development projects are currently underway in the region. As the infrastructure would require a dedicated team to maintain hygiene, considering the labor shortages, the deployment of cleaning robots would continue to upsurge in the region.
Saudi Arabia Pharmaceutical Logistics Market Key Players:
DHLGroup, FedEx, CEVA Logistics, Hellman Worldwide Logistics, DB Schenker, DSV, SMSA Express Transportation Company Ltd., Kuehne+Nagel, Aramex, Nupco, and others
Market Segmentation Overview:
By Product Type
-Generic/Branded Drugs & Medicines
-Surgical Goods & Medical Devices
In Saudi Arabia's Pharmaceutical Logistics Market, a critical focus lies on managing the distribution of Generic/Branded Drugs & Medicines (prescription medications requiring physician authorization). These drugs are essential for treating critical medical conditions and chronic illnesses such as cancer, diabetes, respiratory diseases, etc. Ensuring the secure and timely delivery of these essential drugs presents logistical complexities due to their potency and complexity. This necessitates specialized handling and transportation, further complicated by stringent regulatory requirements.
Logistics providers must invest in advanced technologies and processes to guarantee compliance while safeguarding medication integrity, driving market growth, and boosting market share. Prescription medications necessitate greater attention than over-the-counter (OTC) drugs, such as those for headaches, colds, and allergies, which are commonly purchased without a doctor's prescription. These prescribed medicines demand quality care and detailed manufacturing research, requiring heavy investments in research equipment to cater to varied requirements based on individual symptoms. Paramount to this effort is a collaboration among stakeholders to streamline authorization processes and enhance supply chain efficiency, addressing challenges and leveraging growth in market analysis.
By Mode of Transport
-Air
-Railway
-Road
-Sea
By Service Type
-Transportation & Freight Forwarding
-Warehousing
-Cross-Docking
-Value Added Services
By Application
-Chemical Pharma
-Bio-Pharma
-Specialized Pharma
By Storage Type
-Refrigerated-Market Size & Forecast 2019-2030, (USD Million)
--Ultra-frozen (Less than 0°C)
--Chilled (1°C - 10°C)
--Air-conditioned (Above 10°C)
-Ambient
By Logistics Provider Type
-2PL (Second Party)
-3PL (Third-Party)
-4PL (Fourth-Party)
-Integrated Logistics
By End Users
-Hospitals
-Laboratories
-Pharmaceutical Companies
-Others (Clinics, Pharmacies, etc.)
Read Full Report @ https://www.marknteladvisors.com/research-library/saudi-arabia-pharmaceutical-logistics-market.html
By Region
- West
- East
- South
- Central
In 2021, AJA Pharmaceutical Industries Ltd. (AJA Pharma), a subsidiary of Saudi Chemical Company Holding (SCCH), signed a Memorandum of Understanding (MoU) with Eli Lily, Saudi Arabia, at the Ministry of Investment Headquarters. The agreement emphasized enhancing and increasing the local production of insulin and expanding its services to Saudi Arabia and globally.
Note: If you require specific information not covered in the current report, we can provide it through customized option
Explore Related Reports: -
South Africa Dropshipping Market - https://www.marknteladvisors.com/research-library/south-africa-drop-shipping-market.html
Kenya Drop Shipping Market - https://www.marknteladvisors.com/research-library/kenya-drop-shipping-market.html
Singapore Drop Shipping Market - https://www.marknteladvisors.com/research-library/singapore-drop-shipping-market.html
About MarkNtel Advisors:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.
Have an Any Query,
Call Us - US Office: +1 628 895 8081
Email - [email protected]
Address Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
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