Canada - Healthcare Logistics Market by Type, Service, and Product - Forecast and Analysis 2024-2028

Published: Oct 2023

Pages: 144

SKU: IRTNTR45747

Snapshot

Canada - Healthcare Logistics Market 2024-2028

The Canada - healthcare logistics market size is estimated to grow at a CAGR of 10.15% between 2023 and 2028. The market size is forecast to increase by USD 2,338.46 million. The growth of the market depends on several factors such as legislative and regulatory changes supporting pharma growth, the growing pharmaceutical sales, and the increasing development of healthcare products with special logistics needs.

This Canada healthcare logistics market report extensively covers market segmentation by type (non-cold chain and cold chain), service (transportation and warehousing), product (pharmaceutical products and medical devices), and geography (North America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 - 2022.

What will be the size of the Healthcare Logistics Market In Canada During the Forecast Period?

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Canada Healthcare Logistics Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Canada Healthcare Logistics Market Driver

Increasing development of healthcare products with special logistics needs is the key factor driving market growth. The majority of medicines and medical equipment used in Canada are imported from countries such as the US, China, Mexico, or Germany. The US pharma companies benefited from the similarity of regulations in the US and Canada with regard to the safety and quality of medical devices and pharmaceutical products. Thus, the increased import of new pharmaceutical products and medical devices in Canada has given rise to the need for more effective logistics services for the efficient transportation of temperature-sensitive products.

Furthermore, maintaining a temperature-controlled environment requires the use of cold chain solutions, which makes it difficult for manufacturers of such products to optimize their packaging and transportation costs. Therefore, manufacturers are availing the services of logistics service providers with expertise in cold chain logistics for the transportation of new pharmaceutical products. Hence, the increasing development of healthcare products with special logistics needs is anticipated to drive the growth of the market during the forecast period.

Key Canada Healthcare Logistics Market Trends

The emergence of drones in healthcare logistics is the primary trend shaping market growth. The drones are unmanned air vehicles and they fly autonomously through remote control by a pilot. Applications of drones to the transport sector, notably delivery operations in remote and rural areas, are increasing beyond military use. Drones can overcome the problem of inadequate road or railway infrastructure. They can deliver essential healthcare supplies, such as pharmaceutical drugs and small-sized and low-weight medical devices in hard-to-reach remote destinations.

Moreover, key participants in the pharmaceuticals and healthcare supply chain are focusing on using UAVs for last-mile deliveries. In addition, the use of drones will also help logistics companies customize their supply chain model effectively based on real-time information received from the UAV. Hence, the increased use of drones for the delivery of healthcare supplies in Canada is expected to drive the growth of the market during the forecast period.

Key Canada Healthcare Logistics Market Challenge

Shortage of transportation drivers resulting in higher lead time is a challenge that affects market growth. In the pharmaceutical sector, where the lead time is of critical importance because of the potential to save lives through medical assistance, the shortage of skilled drivers may lead to supply chain disruption. The absence of drivers in the country has resulted in delays in plans by carriers to expand their fleets. The shortage of drivers in the country is also impacting the demand for healthcare logistics services, especially in remote and rural areas.

In addition, in rural areas, logistics is highly complex due to the lack of proper infrastructure; thus, there is a need for experienced truck drivers who can adapt to such challenges while ensuring the timely delivery of pharmaceutical products. Furthermore, with the geriatric population rising in the country, the availability of experienced drivers is also expected to decline further in Canada, leading to a rise in the demand-supply disparities for skilled truck drivers, thereby negatively impacting the growth of the market during the forecast period.

Canada Healthcare Logistics Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Canada Healthcare Logistics Market Customer Landscape

Who are the Major Canada Healthcare Logistics Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Air Canada: The company offers healthcare logistics such as AC absolute, and AC pharmacair.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Canada Healthcare Logistics Market?

The non-cold chain segment is estimated to witness significant growth during the forecast period. Less complicated transport and storage are included in the logistics of healthcare products and pharmaceuticals not covered by cold chains. It does not require a great deal of care when transporting or storing generic medicines and medical devices. The pharmaceutical industry mostly provides non-cold chain products and services directly to hospitals, clinics, big retail drugstore chains, and wholesalers of medical supplies.

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The non-cold chain segment was the largest segment and was valued at USD 2,445.21 million in 2018. Moreover, the growing demand for pharmaceutical products in Canada is expected to fuel the growth of the Canada - healthcare logistics market. Furthermore, the constant rise in the healthcare infrastructure across Canada and the low cost of non-cold chain logistics are expected to fuel the growth of the non-cold chain segment, thereby driving the Canada healthcare logistics market during the forecast period.

Segment Overview

The Canada healthcare logistics market report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

Type Outlook (USD Million, 2018-2028)
- Non-cold chain
- Cold chain

Service Outlook (USD Million, 2018-2028)
- Transportation
- Warehousing

Product Outlook (USD Million, 2018-2028)
- Pharmaceutical products
- Medical devices

Canada Healthcare Logistics Market Scope
Report Coverage	Details
Page number	144
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 10.15%
Market growth 2024-2028	USD 2,338.46 million
Market structure	Fragmented
YoY growth 2023-2024(%)	7.84
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Air Canada, AmerisourceBergen Corp., Andlauer Healthcare Group Inc., C H Robinson Worldwide Inc., Canada Post Corp., Canadian Healthcare Logistics, Cardinal Health, CEVA Logistics S A, DB Schenker, Deutsche Post AG, FedEx Corp., i2i fulfillment, Kuehne Nagel Management AG, Purolator Inc., Rogue Transportation Services Inc., Ryder System Inc., Skelton Truck Lines Inc., TFI International Inc., United Parcel Service Inc., and Williams Pharmalogistics
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Canada Healthcare Logistics Market Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2024 and 2028
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across Canada
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 08: Parent market
- Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 10: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 11: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 12: Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 13: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 14: Chart on Canada: Year-over-year growth 2023-2028 (%)
- Exhibit 15: Data Table on Canada: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Healthcare logistics market in Canada 2018 - 2022
- Exhibit 16: Historic Market Size – Data Table on healthcare logistics market in Canada 2018 - 2022 ($ million)

4.2 Type Segment Analysis 2018 - 2022
- Exhibit 17: Historic Market Size – Type Segment 2018 - 2022 ($ million)

4.3 Service Segment Analysis 2018 - 2022
- Exhibit 18: Historic Market Size – Service Segment 2018 - 2022 ($ million)

4.4 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 20: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 23: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 24: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 25: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Exhibit 27: Chart on Type - Market share 2023-2028 (%)
- Exhibit 28: Data Table on Type - Market share 2023-2028 (%)

6.2 Comparison by Type
- Exhibit 29: Chart on Comparison by Type
- Exhibit 30: Data Table on Comparison by Type

6.3 Non-cold chain - Market size and forecast 2023-2028
- Exhibit 31: Chart on Non-cold chain - Market size and forecast 2023-2028 ($ million)
- Exhibit 32: Data Table on Non-cold chain - Market size and forecast 2023-2028 ($ million)
- Exhibit 33: Chart on Non-cold chain - Year-over-year growth 2023-2028 (%)
- Exhibit 34: Data Table on Non-cold chain - Year-over-year growth 2023-2028 (%)

6.4 Cold chain - Market size and forecast 2023-2028
- Exhibit 35: Chart on Cold chain - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Data Table on Cold chain - Market size and forecast 2023-2028 ($ million)
- Exhibit 37: Chart on Cold chain - Year-over-year growth 2023-2028 (%)
- Exhibit 38: Data Table on Cold chain - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Type
- Exhibit 39: Market opportunity by Type ($ million)
- Exhibit 40: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Service

7.1 Market segments
- Exhibit 41: Chart on Service - Market share 2023-2028 (%)
- Exhibit 42: Data Table on Service - Market share 2023-2028 (%)

7.2 Comparison by Service
- Exhibit 43: Chart on Comparison by Service
- Exhibit 44: Data Table on Comparison by Service

7.3 Transportation - Market size and forecast 2023-2028
- Exhibit 45: Chart on Transportation - Market size and forecast 2023-2028 ($ million)
- Exhibit 46: Data Table on Transportation - Market size and forecast 2023-2028 ($ million)
- Exhibit 47: Chart on Transportation - Year-over-year growth 2023-2028 (%)
- Exhibit 48: Data Table on Transportation - Year-over-year growth 2023-2028 (%)

7.4 Warehousing - Market size and forecast 2023-2028
- Exhibit 49: Chart on Warehousing - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Data Table on Warehousing - Market size and forecast 2023-2028 ($ million)
- Exhibit 51: Chart on Warehousing - Year-over-year growth 2023-2028 (%)
- Exhibit 52: Data Table on Warehousing - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Service
- Exhibit 53: Market opportunity by Service ($ million)
- Exhibit 54: Data Table on Market opportunity by Service ($ million)

8 Market Segmentation by Product

8.1 Market segments
- Exhibit 55: Chart on Product - Market share 2023-2028 (%)
- Exhibit 56: Data Table on Product - Market share 2023-2028 (%)

8.2 Comparison by Product
- Exhibit 57: Chart on Comparison by Product
- Exhibit 58: Data Table on Comparison by Product

8.3 Pharmaceutical products - Market size and forecast 2023-2028
- Exhibit 59: Chart on Pharmaceutical products - Market size and forecast 2023-2028 ($ million)
- Exhibit 60: Data Table on Pharmaceutical products - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Chart on Pharmaceutical products - Year-over-year growth 2023-2028 (%)
- Exhibit 62: Data Table on Pharmaceutical products - Year-over-year growth 2023-2028 (%)

8.4 Medical devices - Market size and forecast 2023-2028
- Exhibit 63: Chart on Medical devices - Market size and forecast 2023-2028 ($ million)
- Exhibit 64: Data Table on Medical devices - Market size and forecast 2023-2028 ($ million)
- Exhibit 65: Chart on Medical devices - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on Medical devices - Year-over-year growth 2023-2028 (%)

8.5 Market opportunity by Product
- Exhibit 67: Market opportunity by Product ($ million)
- Exhibit 68: Data Table on Market opportunity by Product ($ million)

9 Customer Landscape

9.1 Customer landscape overview
- Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 70: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 71: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 72: Overview on factors of disruption

11.4 Industry risks
- Exhibit 73: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 74: Vendors covered

12.2 Market positioning of vendors
- Exhibit 75: Matrix on vendor position and classification

12.3 Air Canada
- Exhibit 76: Air Canada - Overview
- Exhibit 77: Air Canada - Product / Service
- Exhibit 78: Air Canada - Key offerings

12.4 AmerisourceBergen Corp.
- Exhibit 79: AmerisourceBergen Corp. - Overview
- Exhibit 80: AmerisourceBergen Corp. - Business segments
- Exhibit 81: AmerisourceBergen Corp. - Key offerings
- Exhibit 82: AmerisourceBergen Corp. - Segment focus

12.5 Andlauer Healthcare Group Inc.
- Exhibit 83: Andlauer Healthcare Group Inc. - Overview
- Exhibit 84: Andlauer Healthcare Group Inc. - Business segments
- Exhibit 85: Andlauer Healthcare Group Inc. - Key offerings
- Exhibit 86: Andlauer Healthcare Group Inc. - Segment focus

12.6 C H Robinson Worldwide Inc.
- Exhibit 87: C H Robinson Worldwide Inc. - Overview
- Exhibit 88: C H Robinson Worldwide Inc. - Business segments
- Exhibit 89: C H Robinson Worldwide Inc. - Key news
- Exhibit 90: C H Robinson Worldwide Inc. - Key offerings
- Exhibit 91: C H Robinson Worldwide Inc. - Segment focus

12.7 Canada Post Corp.
- Exhibit 92: Canada Post Corp. - Overview
- Exhibit 93: Canada Post Corp. - Product / Service
- Exhibit 94: Canada Post Corp. - Key offerings

12.8 Canadian Healthcare Logistics
- Exhibit 95: Canadian Healthcare Logistics - Overview
- Exhibit 96: Canadian Healthcare Logistics - Product / Service
- Exhibit 97: Canadian Healthcare Logistics - Key offerings

12.9 CEVA Logistics S A
- Exhibit 98: CEVA Logistics S A - Overview
- Exhibit 99: CEVA Logistics S A - Business segments
- Exhibit 100: CEVA Logistics S A - Key news
- Exhibit 101: CEVA Logistics S A - Key offerings
- Exhibit 102: CEVA Logistics S A - Segment focus

12.10 Deutsche Post AG
- Exhibit 103: Deutsche Post AG - Overview
- Exhibit 104: Deutsche Post AG - Product / Service
- Exhibit 105: Deutsche Post AG - Key news
- Exhibit 106: Deutsche Post AG - Key offerings

12.11 FedEx Corp.
- Exhibit 107: FedEx Corp. - Overview
- Exhibit 108: FedEx Corp. - Business segments
- Exhibit 109: FedEx Corp. - Key offerings
- Exhibit 110: FedEx Corp. - Segment focus

12.12 i2i fulfillment
- Exhibit 111: i2i fulfillment - Overview
- Exhibit 112: i2i fulfillment - Product / Service
- Exhibit 113: i2i fulfillment - Key offerings

12.13 Kuehne Nagel Management AG
- Exhibit 114: Kuehne Nagel Management AG - Overview
- Exhibit 115: Kuehne Nagel Management AG - Business segments
- Exhibit 116: Kuehne Nagel Management AG - Key news
- Exhibit 117: Kuehne Nagel Management AG - Key offerings
- Exhibit 118: Kuehne Nagel Management AG - Segment focus

12.14 Purolator Inc.
- Exhibit 119: Purolator Inc. - Overview
- Exhibit 120: Purolator Inc. - Product / Service
- Exhibit 121: Purolator Inc. - Key offerings

12.15 Rogue Transportation Services Inc.
- Exhibit 122: Rogue Transportation Services Inc. - Overview
- Exhibit 123: Rogue Transportation Services Inc. - Product / Service
- Exhibit 124: Rogue Transportation Services Inc. - Key offerings

12.16 TFI International Inc.
- Exhibit 125: TFI International Inc. - Overview
- Exhibit 126: TFI International Inc. - Business segments
- Exhibit 127: TFI International Inc. - Key offerings
- Exhibit 128: TFI International Inc. - Segment focus

12.17 United Parcel Service Inc.
- Exhibit 129: United Parcel Service Inc. - Overview
- Exhibit 130: United Parcel Service Inc. - Business segments
- Exhibit 131: United Parcel Service Inc. - Key offerings
- Exhibit 132: United Parcel Service Inc. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 133: Inclusions checklist
- Exhibit 134: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 135: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 136: Research methodology
- Exhibit 137: Validation techniques employed for market sizing
- Exhibit 138: Information sources

13.5 List of abbreviations
- Exhibit 139: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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