Pharma & Healthcare
Pharma & Healthcare represents over million TEU and predominantly consists of SME shippers producing less than 1500 boxes a year
![Pharma & Healthcare](https://images.prismic.io/coreties-website/Zmw2R5m069VX1wfm_Schermata2024-06-14alle14.23.01.png?auto=format,compress)
Pharma & Healthcare represents over million TEU and predominantly consists of SME shippers producing less than 1500 boxes a year 🚑
The combined volume of Medications & drugs, Medical devices and Sanitary articles (such as bandages, contraception, medical gels and Ostomy supplies) make up to a total of 63% of total Pharma volumes.
98% of that are companies with a total TEU package of less than 1500 containers a year yet on forwarder basis are dominated by DSV, Expeditors and K+N.
Biggest export countries seen by # individual shippers active in this sphere:
1- China 🇨🇳
2- India 🇮🇳
3- South Korea 🇰🇷
4- Germany 🇩🇪
5- United States 🇺🇸
The United States has the highest value of goods in the pharmaceutical and healthcare sector among the listed countries.
In fact, the U.S. pharmaceutical market is the largest in the world as it is driven by high spending on healthcare, advanced medical research, a strong pharmaceutical industry, and significant investment in innovation.
Plus, 76% (1267 out of 1674) are SME's with a company headcount up till 500 and running less than 10 containers a week, so enough of the pie left to share on direct customers without running tender discussions or getting lost in corporate decision-making.
Just need to know where to look.