Medical Device Third-party Logistics Industry Development Trends Report By 2030
The global medical device third-party logistics market size is anticipated to reach USD 47.01 billion by 2030 and is expected to expand at a CAGR of 9.0% during the forecast period, according to a new report by Grand View Research, Inc. The market growth is attributed to medical devices' increasing complexity and specialization, which require precise handling, storage, and transportation. As medical technologies evolve, devices often incorporate sensitive electronics, temperature-sensitive materials, and strict regulatory requirements. These factors make traditional logistics models insufficient, prompting manufacturers to rely on specialized 3PL providers who offer tailored solutions such as cold chain logistics, real-time tracking, and compliance management. This shift allows companies to maintain product integrity while navigating diverse global regulatory landscapes. The rising trend of outsourcing logistics functions among original equipment manufacturer...