North America Pharmaceutical Logistics Market Overview
The North America Pharmaceutical Logistics Market is expected to grow at a CAGR of around 3% during the forecasted period (2020-2025). The pharmaceutical industry is best known for manufacturing pharmaceutical drugs which aim to diagnose, cure, treat, or prevent diseases. The top global pharmaceutical companies are Pfizer, Merck, and Johnson & Johnson from the U.S., Novartis, and Roche from Switzerland, Sanofi from France, etc. The increasing demand for pharmaceutical drugs around the world is driving the pharmaceutical logistics market at a rapid pace. North America and Europe are among the largest global submarkets for pharmaceuticals.
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North America Pharmaceutical Logistics Market – Geographical Overview
United States is leading the pharmaceutical market worldwide
In North American region and worldwide, the United States is the largest single pharmaceutical market. The United States, China, Japan, Germany, and France led the world pharmaceutical sales market in 2018, with the United States having 47.2 percent of all pharmaceutical sales. As of Q3 2019, total pharmaceutical sales in the United States were estimated to be around 491 billion U.S. dollars. Europe generated around 195 billion U.S. dollars.
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Key Highlights of the North America Pharmaceutical Logistics Market
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List of Key Players in the North America Pharmaceutical Logistics Market
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Mordor Intelligence has segmented the global North America pharmaceutical logistics market on the basis of product, mode of operation, application, mode of transport, and country:
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