Canada’s Healthcare Logistics Market is poised for significant growth, with an expected increase of USD 2.34 billion at a CAGR of 10.15% from 2023 to 2028. The surge in market size is primarily driven by favorable regulatory reforms that boost pharmaceutical growth, an increase in pharmaceutical sales, and the rising demand for specialized logistics solutions in healthcare. However, the sector is grappling with several challenges, including a shortage of transportation drivers that is leading to extended lead times, difficulties in managing inventory losses, and the complexity brought by a higher number of stock-keeping units (SKUs) in warehouses. Cold chain logistics for pharmaceuticals also remains a major obstacle. Technavio suggests that while these challenges are formidable, the market's continued growth is supported by evolving regulations and consistent demand for healthcare products, providing ample opportunities for companies to innovate and grow.

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