Healthcare Logistics Market Size

Healthcare Logistics Market size was over USD 93.9 billion in 2024 and is estimated to reach USD 297.9 billion by the end of 2037, expanding at a CAGR of 10.1% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the healthcare logistics is evaluated at USD 103.3 billion.

The global market is expanding rapidly, driven by the globalization of pharmaceutical manufacturing and the rise of cross-border trade. Integration of blockchain for enhanced transparency and security is gaining traction in regions with high counterfeiting risks. The import and export of medical supplies and pharmaceuticals have grown vividly over the years, which significantly impacts the healthcare logistics industry. Advancements in medical technology, the rise of biologics, and increasing demand for temperature-controlled logistics are driving further market growth.

For instance, U.S. International Trade in Goods and Services, October 2024, the country exported USD 38,761 million worth of medical equipment in 2023, and USD 38,488 million in 2024. The exporter of medical instruments in the U.S. was California, with USD 505 million in exports to mainly Netherlands with USD 437 million worth of exports in September 2024. Moreover, the adoption of predictive analytics to forecast demand and optimize inventory management, reducing wastage of perishable medical products including vaccines is also boosting the market.

Furthermore, the growing trend of decentralized clinical trials drives the need for customized logistics solutions to transport sensitive medical samples and supplies to diverse locations worldwide. In October 2023, Cyroport, Inc. and CGTCatapult entered a strategic partnership to support the advancement of cell and gene therapies. The collaboration establishes Cryoport Systems’ first global supply chain logistics center in the UK, which is a Good Manufacturing Practice (GMP)-compliant facility located within the bioscience cluster in Stevenage.