Pharma Wholesale and Distribution Market Set to Grow to $1.3bn by 2023

Thursday 15 November 2018, Amsterdam

The pharmaceutical wholesale and distribution market is influenced by the play of a variety of factors; it has both strengths and weaknesses and faces both opportunities and threats. The market will be driven by an overall increased demand for pharmaceuticals owing to the growing ageing population of developed countries and the increasing access to healthcare of the expanding middle class in the emerging economies.

The lead analyst of the report commented "Disease prevalence is expected to increase in all pharmaceutical markets, increasing sales of prescription drugs worldwide. Distributing increased volumes of drugs will benefit wholesalers through increased revenues. The increased sales volume will be particularly noticeable in emerging markets, such as China, India and Brazil. There, increased wealth of the population and further urbanisation will lead to changes in disease patterns, as cancer and cardiovascular diseases, already two of the leading causes of death in developed markets, become more prominent. Wholesalers involved in specialty distribution, such as for cancer treatments, will benefit from those trends."

Leading companies featured in the report include Alfresa Holdings, AmerisourceBergen, Cardinal Health, McKesson, Medipal, PHOENIX Group, Shanghai Pharma, SINOPHARM, Suzuken, Walgreens Boots Alliance