No.2923
02/16/2022

Medicine and Medical Equipment Logistics Outsourcing Service Market in Japan: Key Research Findings 2022

Logistics Outsourcing Market for Pharma and Medical Equipment Manufacturers for FY2022 Generated 110 Billion Yen

Yano Research Institute (the President, Takashi Mizukoshi) carried out a survey on the domestic logistics outsourcing business for medicines and medical equipment, mail order services for medical equipment, second-hand medical equipment logistics business, etc. and found out the market size, trends of market players, and future perspectives. This press release contains information on the logistics outsourcing market for medicines and medical equipment.


Market Size Transition of Medicine and Medical Equipment Logistics Outsourcing Services
Market Size Transition of Medicine and Medical Equipment Logistics Outsourcing Services

Market Overview

The market size of domestic logistics services for medicines and medical equipment (based on the sales at logistics service providers) for FY2020 rose by 3.8% to 110 billion yen. With the shipment volume of medicines and medical equipment as well as the rate of outsourcing logistics tasks increasing, together with expansion in service providers, the market is showing stable growth, more than 1.6 times larger market size than in FY2011.

Noteworthy Topics

Wider selections of outsourcing service providers

In recent years, there have been many entries to the medicines-and-medical equipment logistics services market, especially there have been outstanding investments in the development of large-scale logistics centers targeting this field by major logistics and warehousing companies. For pharmaceutical companies, because they now have wider selections of logistics companies to outsource, some have started reviewing the current outsourcing contracts. As the Japanese version of GDP (Good Distribution Practice) guideline for distribution of medicines was issued in December 2018 by MHLW, GDP-based quality control in distribution has become required. Whether or not the distribution processes and logistics management appropriately conforming to the guideline or not has become critical factors to select outsourcing service providers.

Future Outlook

With more than 60% of logistics for medicines and medical equipment seemingly being outsourced, finding and obtaining new customers are becoming limited for logistic service providers. That said, however, logistics companies continue to find servicing for medical field attractive due to the stability hardly affected by economic conditions.

Research Outline

1.Research Period: November 2021 to January 2022
2.Research Object: Logistics-related businesses
3.Research Methogology: Face-to-face and online interviews by the specialized researchers, surveys via telephone and email

What is the Medicine and Medical Equipment Logistics Outsourcing Market?

Medicines and medical equipment logistics outsourcing business in this research refers to the logistics services that dedicate to the shipment, transportation, and delivery of products from  pharmaceutical companies and medical equipment manufacturers to wholesalers.


 

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Medicine and Medical Equipment Logistics Outsourcing Service

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