Top 10 Pharma Wholesalers and Distributors in Apac- 2023
Pharmaceutical distributors play a vital role in the healthcare system as they expand their services to benefit various stakeholders while keeping costs low. Besides ensuring a safe and transparent pharmaceutical supply chain, they provide extra services like assisting independent pharmacies, sourcing generics, offering hub services, and forming innovative partnerships. This adaptability is crucial to maintaining their significance in the healthcare industry, especially with emerging trends like personalized care, technological advancements, new competitors, and increased public attention, which could affect their current business models and open doors for growth, such as combined services and data-driven insights.
The pharmaceutical wholesale and distribution market is projected for substantial growth, with an estimated CAGR of 8.92 percent between 2022 and 2027, resulting in a projected increase of $776.32 billion. Several key factors, including the expanding elderly population and manufacturers' continuous introduction of new pharmaceutical products, drive this growth. The utilization of drones, unmanned aerial vehicles remotely piloted, is extending beyond military applications to logistics, particularly in remote or rural regions where traditional road and rail infrastructure may be inefficient. The increased adoption of drones for healthcare supply deliveries creates promising opportunities for global pharmaceutical wholesale and distribution stakeholders.
This Life Sciences Review APAC edition brings the key developments in pharma wholesale and distribution through thought leadership articles from Ziteng Zhang, Senior Manager, Distribution and Value Chain at CSL Behring, and Mark Dupal, Vice President of Sales – APAC at Twist Bioscience.
Ziteng Zhang discusses the pharmaceutical market in China, highlighting the significant role of distributors in the healthcare ecosystem in ensuring efficient and cost-effective patient access to medications. Mark Dupal explores the application of next-generation sequencing (NGS) in agriculture. NGS technology has an edge over traditional microarray-based methods, providing more comprehensive and adaptable genetic data.
In this edition featuring the Top Pharma Wholesalers and Distributors in APAC 2023, we hope you find the appropriate company suited to your business requirements.
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