Medical Supply Delivery Service Market Size, Share & Trends Estimation Report By Service Mode ( Courier Delivery, Drone Delivery,),By Application ( Drug Supplies, Medical Supplies, Lab Specimens & Reports),By End user ( Hospitals, Clinics, Pharmacies, Patients), By Region, And Segment Forecasts, 2023 - 2030
The global Medical Supply Delivery Service Market size was USD 50.33 Billion in 2022 and is expected to reach USD 97.5 Billion by 2030, with a CAGR of 7.6% from 2022 to 2030.
Medical Supply Delivery Service Market Overview:
The term "medical supply delivery service" refers to medical services that include healthcare logistics for one-time use or semi-one-time use items that are used in a hospital or at home. Medical drug supplies that can be moved from one place to another include urine, medicine, blood, and equipment. Medical samples need to be sent right away between doctors, clinics, and hospitals, so this is a very important market. There are two kinds of services, like drones and couriers. Medical drones help quickly by shortening the time it takes to get to the patient, reducing problems for the injured because they don't have to wait long for help, and improving the basic operations of medical emergency teams.
The growth of the market is expected to be driven by an increase in the number of surgical procedures and a rise in the use of medical courier services to get medical supplies to hospitals on time. The demand for medical supply delivery services is driven by the need to move samples and specimens for testing quickly and safely, the falling cost of logistics, and the growing focus on improving the healthcare system. The market is also growing because there are more car accidents, which cause people to lose blood and need blood right away.
The market is growing because healthcare logistics are getting better and more people want samples and specimens sent quickly and cheaply for testing or diagnosis. With the help of drone delivery services, hospitals can get medical supplies to patients faster and more reliably than ever before. This helps save money on operations and improves patient care. The market is also being driven by the development of small indoor drones that can bring medicine straight from the pharmacy to a patient's bedside without any human interaction. This makes giving medications faster and less likely to go wrong.
Accidents on the road are getting worse.
The Medical Supply Delivery Service Market is growing because there are more people getting hurt in car accidents, which mean more people need emergency services. According to a report from the World Health Organization (WHO) in 2020, about 1.35 million people die each year in traffic accidents. Between 20 and 50 million more people are injured, and many of them become disabled as a result. During the period from 2021 to 2026, the Medical Supply Delivery Service Market is also expected to grow because of improvements in healthcare infrastructure.
Increasing government programs.
The Medical Supply Delivery Service Market is growing because the government is doing more to raise awareness about abortions and pregnancies that aren't wanted. Medical drones can be used to deliver drugs, blood, vaccines, and test samples in a timely manner. This is made possible by good government policies. For example, Tanzania's government announced in 2018 that it would work with DHL to start a medical drone delivery programed. This is expected to boost the growth of the Medical Supply Delivery Service Market from 2021 to 2026.
Restraints/Challenges Global Medical Supply Delivery Service Market
Not having the right infrastructure
Lack of proper delivery and logistics infrastructure is one of the main things that will slow the growth of the Medical Supply Delivery Service Market. People's lack of knowledge about advanced delivery services is another thing that slows down the growth of the market.
Medical Supply Delivery Service Market Segmentation Analysis
Medical Supply Delivery Service Market, By Service Mode
In 2020, courier delivery was the most popular type of medical supply delivery service around the world. This segment has grown because there is more demand for transportation and delivery services that are both cost-effective and on time for things like reports, prescription drugs, infusion medicines, lab specimens, and medical equipment. Also, the fact that there are more global and local courier companies around the world has made it easier for people to use courier delivery, which has helped this segment grow a lot.
On the other hand, during the forecast period, drone delivery is expected to be the most promising segment. The demand for drone delivery services is going up because drones are becoming more popular and more countries are starting to accept them as a way to send medical supplies. The main things that are expected to drive the growth of the drone delivery segment in the near future are the creation of rules about drones, the improvement of drones' efficiency, and the improvement of supply chains.
Medical Supply Delivery Service Market, By Application
In 2020, the market for medical supply delivery services was dominated by the medical supplies segment, which made up more than 30% of the market. The number of surgeries is going up because more people are getting chronic diseases and more people are getting older. As the number of procedures goes up, so does the demand for medical supplies, which in turn increases the demand for services that deliver medical supplies. The medical supplies segment has grown because more people want medical supplies delivered quickly, safely, and at a good price.
During the forecast period, the lab specimens and reports segment is expected to grow the fastest. Because of the COVID-19 pandemic, which is expected to start in 2020, there is more demand for fast, contact-free delivery of samples like blood, urine, saliva, and others to labs. This has helped this segment grow. This trend of sending samples and reports without touching them is likely to last for a long time and help this segment grow in the near future
Medical Supply Delivery Service Market, By End user
Based on the end user, the pharmacies segment led the market, with more than 20% of the market in 2020. Pharmacies have grown because more people want drugs and other medical supplies to be delivered right to their door. Customers can avoid waiting in long lines at pharmacies and pay easily with a variety of options. This segment has grown because of how convenient it is that pharmacies offer delivery services.
On the other hand, patients are expected to be the segment with the most rapid growth during the forecast period. The number of elderly people and people with disabilities due to ageing and diseases is growing, so the patients segment is expected to grow quickly over the next few years. The market is growing because more and more patients want their prescription drugs and medical supplies delivered right to their door.
During the Forecast period, Asia-Pacific is anticipated to be the largest market by region.
Asia-Pacific is the biggest market for medical supply delivery services around the world. In 2020, Asia-Pacific will have about 40% of the market. The market is expected to grow because the government is putting more money into improving healthcare infrastructure, diseases are getting worse, the number of elderly people is growing, the number of hospital admissions is going up, and more people are using technological advances in logistics.
Europe is expected to be the market with the fastest growth over the next few years. The main things that drive the Europe medical supply delivery service market are the high costs of healthcare, the growing use of advanced technologies in healthcare, the fast growth of e-commerce, and the better logistics services that come from a developed infrastructure.
|Units||Value (USD Billion)
|Growth Rate||CAGR of 7.6% from 2023 to 2030|
|By Service Mode||
|By End user||
|Reasons to Purchase this Report||
The competitive landscape of the Medical Supply Delivery Service Market shows information about each competitor. Details like company overview, financials, revenue, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and depth, and application dominance are all included. The information above is only about what the companies are focusing on in terms of the Medical Supply Delivery Service Market.
Some of the biggest companies in the Medical Supply Delivery Service Market are DHL, UPS, Agility, LogistiCare Solutions, LLC, FedEx Corporation, CEVA Logistics, The Wing, International SOS, Matternet, Zipline, Flirtey, and Swoop Aero
- There are a few big and small companies in the market for medical supply delivery services. These market players are trying to get a bigger share of the market by using strategies like investments, partnerships, and acquisitions and mergers. Companies are also spending on developing better products. They are also focusing on keeping prices low.
- In April 2019, Marken bought HRTL in Italy to expand its logistics footprint.
- In March 2021, Uber and ScriptDrop joined forces to provide prescription delivery services.
- In August 2020, NimbleRx and Uber Health formed a partnership to offer contactless delivery of pharmacies in the US.
- In April 2019, Zipline, an automatic logistics company based in California, and the Ghanaian government launched a drone delivery network. This network will deliver 148 essential supplies, such as vaccines, blood products, and drugs, to patients in Ghana on demand.
The Global Medical Supply Delivery Service Market has been segmented into:
By Service Mode
- Courier Delivery
- Drone Delivery
- Drug Supplies
- Medical Supplies
- Lab Specimens & Reports
- Emergency Services
By End user
- LogistiCare Solutions, LLC
- FedEx Corporation
- CEVA Logistics
- The Wing
- International SOS
- Swoop Aero