Description
Companies in this industry serve as wholesale distributors of drugs and other pharmaceutical products. Major companies include AmerisourceBergen, Cardinal Health, Express Scripts, and McKesson (all based in the US), as well as Alliance Boots (Switzerland), Celesio (Germany), and Medipal (Japan).
The world market for pharmaceutical distribution is forecast to reach $747 billion in 2014, according to ASD Media. Global industry growth is expected to come from emerging markets such as Brazil, Russia, India, China, Turkey, Mexico, and South Korea. The US pharmaceutical distribution industry includes about 6,300 companies with combined annual revenue of about $420 billion. Moderate growth is forecast for the next two years. Key growth drivers include new products, an aging world population, and increasing demand for medicines.
