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Healthcare Third-party Logistics Market Growth to Reach USD 502.6 billion by 2034, at a CAGR of 7.8% | Allied Market Research

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PORTLAND, Ore., April 23, 2026 /PRNewswire/ — The steady global growth of the healthcare 3PL market is primarily attributed to the growing pharmaceutical industry, rising demand for biologics with increasing cold chain logistics needs followed by rapid technology integration.

Market Size & Growth

Global Healthcare Third-Party Logistics Market – $246.1 billion by 2024The market estimated to achieve $502.6 billion by 2034, at a compound annual growth rate (CAGR) of 7.8%.Factors such as ever-Increasing drug demand, outsourcing of non-core functions and complexity in regulatory task are major growth drivers.Cold chain logistics is anticipated to be one of the fast-growing sub-segments, on account of increasing distribution for biologics and other cell & gene therapies as well as temperature-sensitive pharmaceuticals.Healthcare supply chain management is undergoing a renaissance, which will reshape the competitive dynamics in this industry with new advanced capabilities powered by digital transformation — such as route optimization via AI supported decision making; real-time tracking and visualisation technology enabled control rooms; and blockchain based end-to-end traceability.Though innovation keeps gallantly moving on, challenges — regulatory compliance, infrastructure investments and quality assurance risks— are enough to temper market pace.

Key Market Insights

Pharmaceutical companies, hospitals and biotech are increasingly outsourcing their complex supply chains that require compliance to specialized third-party logistics providers as the healthcare 3PL market undergoes a structural transformation. Some of the report’s key takeaways are:

Outsourcing non-core logistics operations to third-party providers allows healthcare organizations to shift focus back onto core R&D, manufacturing and patient care.3PL operators are investing in GDP-compliant cold storage infrastructure, ultra-low temperature (ULT) facilities and real-time monitoring systems due to the growth of biologics, specialty drugs and advanced therapy medicinal products (ATMPs).Environmentally sustainable logistics — even in the form of electric temperature-controlled vehicles, energy-efficient buildings or packaging solutions benefiting from global ESG commitments to sustainable development — have come into focus with healthcare 3PLs.Regulatory complexities across different global markets continue to remain a major roadblock with 3PL providers being forced into developing comprehensible compliance mechanisms for individual jurisdictions.Key players are expanding their geographic reach and range of services through strategic mergers, acquisitions, and partnerships that are reshaping the competitive landscape.

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Market Segmentation

By Service Type

Warehousing and storage service segment held the largest market share in 2024. The segment leadership has been supported by a growing demand for temperature-controlled storage, GMP-compliant and GDP-certified warehousing along with robust inventory management solutions. On the other hand, with continued growth in the global pipeline of new therapies, clinical trial logistics is expected to make considerable gains. Transportation services will continue to be a core component due its inability to function without the imminent movement of time sensitive, temperature dependent pharmaceutical products.

By End User

Pharmaceutical Companies are the largest end-user segment accounting for a significant share owing to requirements for high-volume distribution and stringent regulatory mandates. The end-user segment of the biotech companies is one of the fastest growing segments due to rapid growth in the sectors biologics, cell therapy and personalized medicine. Demand for healthcare 3PL is also strengthened by hospitals & clinics, medical device manufacturers, and many other end users.

By Medium of Transport

In 2024, ground transportation segment dominated the overall market share as it has become an essential component of last-mile delivery and regional pharmaceutical distribution. Ground fleets have been fortified with GPS tracking, refrigerated units and protocols of secure handling by 3PL providers. Air cargo is the fastest-growing mode of transport due to time-sensitive and high-value pharmaceutical shipments crossing borders. Ocean freight pertinent to bulk pharmaceutical raw materials and device components

By Supply Chain

In 2024, the non-cold chain logistics segment accounted for the largest shareholder of global pharmaceutical supply chains owing to large volumes of medical devices, OTC drugs, surgical instruments and other general pharmacy products requiring no temperature-sensitive handling. The cold chain logistics segment is expected to show the highest growth in the forecast period due to increasing demand for vaccines, biologics and cell & gene therapies as well as strict regulatory standards such Good Distribution Practices (GDP) and FDA guidelines.

Regional Insights

North America

The market for global healthcare third-party logistics was led by North America, which had the highest revenue share in 2024. The dominance of large pharmaceutical manufacturers, the existence of sophisticated logistics infrastructure covering a majority of demand points, and high regulatory standards (FDA/DEA) demanding top 3PL capabilities underpin this region’s leadership. Also, growing demand for biologics, specialty drugs and temperature-sensitive therapeutics is fueling the region’s market dominance. With the rise of e-pharmacy adoption accelerating last-mile delivery demand, there are well-defined air, sea and ground freight networks serving this area: namely; USA, Canada & Mexico.

Europe

The European market is the second largest healthcare 3PL by value globally, benefiting from an established pharmaceutical industry, increasing rates of clinical trials and stricter GDP compliance standards. Germany, France, the United Kingdom and Netherlands are among these European countries where pharmaceutical warehousing cold chain distribution and cross border logistics take place. The European landscape for 3PL investment remains influenced, as ever by the evolving EU regulatory framework and growing focus on supply chain resilience.

Asia-Pacific

Asia-Pacific region is expected to experience the fastest growth during forecast period, due rapid expansion of pharmaceutical industry in China, India and Japan and South Korea. The demand for 3PL is also surging in the region, owing to increasing healthcare expenditure along with a rising biologics production and manufacturing of medical devices. Southeast Asian markets including Malaysia, Singapore, Thailand and Vietnam are high potential but largely untapped healthcare logistics geographies. Another area where demand for specialized 3PL will see significant growth is the pharmaceutical sector in India, which itself has expected a very high rate of growth.

Middle East & Africa and Latin America

The Emerging healthcare 3PL markets include Latin America and the Middle East and Africa, which have witnessed an increase in support for his initiatives such as heightened investment on Health care, Expanded pharmaceutical distribution network government infrastructure initiativeОн. Particularly, Brazil, Mexico and the countries of Gulf Cooperation Council (GCC) are growth pockets where multinational pharmaceutical companies have begun to leverage regional logistics partners.

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Key Market Players

The global healthcare third-party logistics market comprises of a mix of very highly competitive broad based logistic conglomerates, specialized in the area (Tavo) Companies Today and Pharmaceutical Distribution Specialist Firms. A few of the leading companies in Allied Market Research for our market size report include:

DHL – Supply Chain & Global ForwardingUnited Parcel Service (Ups healthcare)FedEx Corporation (FedEx HealthCare Solutions)Kuehne + Nagel International AGDB Schenker (Schenker AG)McKesson CorporationCencora Inc. (Previously AmerisourceBergen)Cardinal Health, Inc.CEVA Logistics AGGEODIS SADSV A/SNippon Express Co.,, LtdC.H. Robinson Worldwide, IncAgility Public Warehousing Company K. S.C.P..Expeditors International of Washington, Inc.,

To solidify their competitive position in the market and build end-to-end healthcare logistics capabilities, these players are engaging in strategic acquisitions, technology investments & geographic expansion.

Key Recent Industry Developments

April 2025: DHL Group pledged USD 2.3 billion to bolster its life sciences and healthcare logistics over a five-year plan, further cementing its leading position in the global third-party-logistics (3PL) segment for this sector.April 2025- EVERSANA expanded pharmaceutical 3PL offerings to meet increased client demand for services related to commercial-stage drug distribution.Mar 2025: GXO Logistics, a leader in supply chain solutions for eCommerce and other verticals across Europe & North America acquired ColdChain Solutions (a provider of cold-storage with specialization on pharmaceuticals) Marcus Williams.December 2024: DHL Supply Chain launched one of the most advanced ultra-low temperature (ULT) storage facilities in Europe specifically for use within a cold supply chain, aimed at accommodating growing demand for Advanced Therapy Medicinal Products (ATMPs).November 2022: DHL Supply Chain formed a partnership with AmerisourceBergen for co-development of temperature-controlled distribution networks, specifically targeted at oncology and vaccine products.October 2024: UPS announced it has purchased Frigo-Trans and its sister company BPL expanding upon UPS’s portfolio of end-to-end temperature controlled and time-critical transportation solutions for pharmaceutical, biotech and healthcare provider customers.UPS Supply Chain Solutions introduced an integrated cold-chain platform for live biologics shipments, expanding its capabilities to ship and package sterile pharmaceuticals.March 2025: FedEx Express introduced electricity-powered controlled temperature vehicles in its European healthcare logistics fleet as part of the company’s near-term sustainability initiatives.Oct 2024: Launch of InspiroGene, a business unit by McKesson dedicated to supporting the commercialization needs of cell and gene therapies.April 2024: Cardinal Health revealed the establishment of a Columbus, Ohio based Consumer Health Logistics Center occupying an area of about 350000 sq ft which is set to strengthen its OTC healthcare products distribution.

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Technology, AI & Innovation (Future-Facing)

With a shared value of growth, technology adoption is an important driver reshaping the healthcare third-party logistics market landscape. Key innovations include:

AI & ML: Route optimization powered by AI, demand forecasting and Predictive Inventory Management allow 3PL providers to reduce costs, minimize wastage and deliver faster. Hey, delivered in November 2023 Meihua International Speed Fox AI-enabled warehouse management system (WMS) designed for healthcare logistics.

Blockchain-Based Traceability: Deployment of blockchain technology for end-to-end drug traceability, anti-counterfeiting & DSCSA (Drug Supply Chain Security Act) compliance across pharmaceutical supply chains

IoT & Real-Time Monitoring: Smart sensors and temperature monitoring devices powered by the IoT enable visibility right from shipment to destination, constantly streaming data in real time tracing cold chain integrity across long-haul shipments, as well last-mile deliveries.

Warehouse AutomationAt pharmaceutical distribution centers, automated guided vehicles (AGVs), robotics on picking systems and automatic storage & retrieval system(ASRS) continue to drive throughput efficiency and accuracy.

Big Data Analytics: With the help of data analytics platforms, 3PL providers can convert massive logistics datasets into actionable insights for optimum network design, capacity planning and customer service delivery.

Tech for Sustainable Logistics: ESG Imperatives and client sustainability objectives are leading to widespread adoption of electric delivery vehicles, energy-efficient smart warehouses, recyclable or biodegradable packaging materials by 3PL providers

These technologies in concert, are moving the healthcare 3PL space from traditional asset-heavy logistics to smart supply chain ecosystems that leverage data and sustainability.

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Analyst Review

Since the service framework in healthcare third-party logistics market is undergoing an inflection point, according to analysts from Allied Market Research. Pharmaceutical pipelines are increasing in complexity, regulatory landscapes and compliance requirements continue to evolve quickly at a global scale while digitalization is transforming how we think about what services logistics providers can offer — forcing many market-proven giants up an evolution path that will compel them each coalesce their architecture around new service directions.

The overriding trend of this decade is the transition from value-adding technology-enabled 3PL partnerships to volume-based logistics models. Demand for hyper-specialized cold chain capabilities and real-time supply chain visibility will only accelerate as biosimilars, personalized medicines, and cell/gene therapies are introduced into commercial distribution.

Analysts say the very opposite: though North America maintains its rightful position at the top of dividual markets — supported by tight regulatory controls and advanced infrastructure maturity, Asia-Pacific marks something different as being a beacon signal for where healthcare 3PL investment is heading next. 3PL providers looking to diversify their geographic presence are gravitating towards emerging markets such as Southeast Asia, India and the GCC region.

The competitive intensity of the market expected to be high with differentiation increasingly driven by technology depth, cold chain specialization, regulatory expertise and sustainability credentials. Organizations capable of providing seamless, compliant and tech-enabled healthcare logistics on a global scale will be best set to take their fair share—and more—of the market through 2034.

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About us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of ‘Market Research Reports‘ and ‘Business Intelligence Solutions.’ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

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62% of financial services professionals say an AI-generated error has reached a client

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September 10, 2026

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New Macabacus report finds AI adoption has outpaced the guardrails needed to keep client-facing models and documents accurate.

NEW YORK, Sept. 10, 2026 /PRNewswire/ — Macabacus, the leading M365 productivity platform for finance and professional services teams, today released the report: GenAI for Financial Services: Velocity and Verification. The report finds that AI now sits at the core of model creation and client presentation development, but most firms lack the review and verification layer needed to catch AI-generated errors before they reach clients.

New Macabacus report finds AI adoption has outpaced the guardrails to keep client-facing models and documents accurate

Drawing on a survey of Macabacus’ 75,000 users and analysis of conversations with hundreds of clients and prospects, the report quantifies the gap between how fast AI is being adopted and how slowly firms are building guardrails to ensure their clients can trust their deal content.

“AI is now involved in the majority of models and documents that reach clients, with 87% of firms saying they use AI daily or weekly for this work,” said Paul Ross, Chief Marketing Officer, Macabacus. “Deal teams should not slow down their use of AI. They need guardrails that let them move faster while maintaining accuracy and their clients’ trust. That is what Macabacus is built for.”

Key findings include:

62% of respondents believe an AI-generated error has reached a client or internal decision-maker in the past 12 months, with 46% saying an error has “probably” landed in a deliverable without anyone catching it.87% use AI daily or weekly to generate financial models and client presentations, but only 23% have comprehensive guardrails (approved tools, accuracy checks, brand compliance, and review workflows) in place.AI has created a divergence in confidence at the review handoff stage for models and presentations: 43% of analysts and associates say AI has made them more confident in their work, while only 29% VPs, directors, and MDs state the same. That leadership group is also 6 points more likely to say AI has made them less confident.

Download the report here:  https://macabacus.com/lp/2026-ai-report

About Macabacus

Macabacus is the leading Microsoft-native productivity platform for finance and professional services teams. When a deal document has to be right, professionals use Macabacus. Trusted by 3,000 firms and 75,000 users across investment banking, private equity, asset management, consulting, advisory, and corporate finance, Macabacus helps users rapidly create and check financial models and deal documents. By combining powerful productivity tools with AI-powered review and automation, Macabacus enables organizations to execute with greater speed, accuracy, and confidence. Learn more at www.macabacus.com

Media Contact

Paul Ross

paul.ross@macabacus.com

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ChipMOS to Participate in UBS Taiwan Summit 2026

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September 10, 2026

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HSINCHU, Sept. 10, 2026 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will present to institutional investors at UBS Taiwan Summit 2026, at the W Taipei Hotel on September 15 and 16, 2026.

Management from the Company, including Jesse Huang, Senior Vice President of Strategy and Investor Relations, will discuss the Company’s recent financial results, business trends and growth opportunities. The Company’s investor presentation is available on the investor relations’ section of its website at www.chipmos.com.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding current macroeconomic conditions, including the impacts of high inflation, foreign exchange rates and risk of recession, on demand for our products, consumer confidence and financial markets generally; changes in trade regulations, policies, and agreements and the imposition of tariffs that affect our products or operations, including potential new tariffs that may be imposed and our ability to mitigate with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, based on a number of important factors and risks, which are more specifically identified in the Company’s most recent U.S. Securities and Exchange Commission (the “SEC”) filings. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the SEC and in its other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

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NGP VAN Overhauls Bulk Upload, Making a Critical Campaign Workflow Faster and Easier

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September 10, 2026

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New experience catches errors before imports begin and reduces the manual work required to bring data into NGP VAN

WASHINGTON, Sept. 10, 2026 /PRNewswire/ — NGP VAN, the leading technology provider for Democratic and progressive campaigns, today announced major improvements to Bulk Upload, making one of the platform’s most frequently used workflows faster, more intuitive, and less prone to errors.

The improved Bulk Upload experience addresses longstanding pain points for campaign staff and data managers. The new workflow automatically detects the file type, identifies formatting and matching issues before an import runs, and intelligently maps spreadsheet columns to the appropriate fields in NGP VAN.

“Bulk upload is something we do constantly, and the struggle has always been real,” said Laurie Van Hall, Partner at Bee Compliance. “Smarter column mapping and catching errors up front before the import runs is the kind of upgrade that actually changes how a day goes. Really glad to see NGP VAN tackling this one.”

The improvements arrive as campaigns and organizations head into the busiest stretch of the election cycle, when the volume and urgency of critical data moving into NGP and VAN peaks. By surfacing potential issues before an import begins and reducing repetitive manual mapping, the redesigned workflow helps users spend less time troubleshooting uploads and more time acting on their data.

“The new Bulk Upload workflow lowers the learning curve for new NGP VAN users,” said Candy Emmons, Executive Director of the Democratic Party of Oregon. “With new people joining our team throughout the cycle, making these tools more intuitive helps staff become confident, independent users much more quickly.”

The updated experience includes:

Automatic file-type detection that eliminates the need for users to manually identify the data type they’re importing.Pre-validation checks that surface formatting and matching issues before an import runs.Improved column mapping that automatically matches spreadsheet columns to NGP VAN fields and reduces repetitive setup.A redesigned upload experience, with streamlined opening steps, a cleaner mapping screen, and a refreshed status page built on a modernized foundation.

“We’re hyperfocused on our users and how we can make their jobs easier every single day. Nearly every user I’ve spoken with has had something to say about Bulk Upload – and rarely was it good,” said Francis Brown, Senior Product Manager at NGP VAN. “We listened, pulled together a team, and went after the things that were creating the most frustration. This is exactly the kind of investment we want to make in the core NGP VAN experience – improving the workflows our users rely on every day. The response from beta testers has been incredibly encouraging, and I’m excited for users to get their hands on the new experience. “

The improved Bulk Upload experience does not change existing upload specifications, data models, field mappings, access permissions, or supported file formats. It will be optional at launch, and the existing Bulk Upload workflow will remain available.

About NGP VAN
NGP VAN is the winningest technology platform in the history of democratic and progressive causes, working tirelessly to innovate and advance the technology our clients rely on to bolster our democracy. A proud unionized employer, we help power the trailblazers, campaigners, and advocates fighting up and down the ticket for equality, racial justice, reproductive freedom, democracy, climate reform, and more—including the national Democratic committees and progressive organizations, thousands of Democratic campaigns, hundreds of labor unions, advocacy organizations, progressive and non-partisan PACs, and other organizations.

Press Contact:
Simone Hassan-Bey
NGP VAN
press@ngpvan.com

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