Healthcare distribution is the system utilized for the transportation and delivery of healthcare based products such as drugs, medical devices, medical equipments and various other services designed for promoting better consumer reach and targeting. These systems enable greater accessibility and usefulness in transportation of healthcare based products. These distribution systems help meet the significant surge in growth of healthcare industry wherein the demands for medical devices and products has expanded significantly. This system also enables greater transparency and traceability of products by helping provide advanced tracking components throughout the supply chain.
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The market is segmented on the basis of type as pharmaceutical product distribution service, medical device distribution service, biopharmaceutical product distribution service; end-users as retail pharmacies, hospital pharmacies, other end users.
“According to Data Bridge Market Research, global healthcare distribution market is expected to be growing at a substantial CAGR of 6.75% during the forecast period of 2019 to 2026”
Some of the major players operating in the market are McKesson Corporation, Cardinal Health, AmerisourceBergen Corporation, Owens & Minor, Inc., Morris & Dickson Co. L.L.C., Express Scripts Holding Company, FFF Enterprises, Inc., Medline Industries, Inc., Attain Med., Dakota Drug, Inc., Express Scripts Holding Company, Patterson Companies, Inc., Mutual Drug, Redington, Accord-UK Ltd., Phoenix Medical Systems (P) Ltd., Biotron Healthcare, OrbiMed Advisors LLC, ALLIANCE UNICHEM IP LIMITED, TTK HealthCare among others.
One of the most significant benefit presented to the healthcare distribution service providers is the surging rise of biopharmaceuticals demands. This trend has had a noteworthy impact on the needs of healthcare distribution service because of the productivity of these systems in delivering the pharmaceuticals in a more accurate manner while reducing the incidences of counterfeiting in the supply chain.
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