- Home
- Medical Devices
- Medical Supply Delivery Service Market
Medical Supply Delivery Service Market Size, Share & Trends Estimation Report By Service Mode Outlook (Courier Delivery, Drone Delivery), By Application Outlook (Drug Supplies, Medical Supplies, Lab Specimens & Reports, Emergency Services), By End-User Outlook (Hospitals, Clinics, Pharmacies, Patients, Laboratories, Others), By Region, And Segment Forecasts, 2023 - 2030
Market Overview:
Global Medical Supply Delivery Service Market size was USD 50.33 Billion in 2022 and is expected to reach USD 85.79 Billion by 2030, with a CAGR of 7.6% from 2022 to 2030.
The word "medical supply delivery service" refers to medical services that include healthcare logistics for one-time use or almost one-time use items that are used in hospitals or at home. Urine, medicine, blood, and medical tools are all things that can be moved from one place to another. This is a very important business because doctors, clinics, and hospitals need to send medical samples to each other right away. There are two types of services, such as messengers and drones. Medical drones help quickly because they cut down on the time it takes to get to the patient. Because the hurt don't have to wait long for help, they don't have to deal with as many problems, and the basic operations of medical emergency teams are improved.
The market is likely to grow because more surgeries are being done and more people are using medical courier services to get medical goods to hospitals on time. 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 are all things that drive the demand for medical supply transport services. The market is also growing because there are more car crashes, which cause people to lose blood and need blood quickly.
The market is growing because healthcare operations are getting better and more people want to send samples and specimens for testing or diagnosis quickly and cheaply. Hospitals can get medical supplies to patients faster and more reliably than ever before with the help of drone transport services. This saves money on treatments and makes things better for the patients. Small indoor drones that can bring medicine from the pharmacy to a patient's bedside without any human contact are also driving the market. This makes it faster to give medicines and less possible that something will go wrong.
Market Dynamics:
Drivers: Accidents on the road are getting worse
The market for medical supply delivery services is growing because more people are hurt in car crashes and need emergency services. In 2020, the World Health Organization (WHO) says that about 1.35 million people will die in car crashes each year. Between 20 and 50 million more people are hurt, and as a result, many of them become crippled. The Medical Supply Delivery Service Market is also expected to grow from 2021 to 2026 because healthcare facilities will be getting better.
Increasing demand for home healthcare services
With more people getting older and the cost of healthcare going up, there is a growing need for home healthcare services. With the help of medical supply delivery services, doctors and patients can get the goods and equipment they need right at their homes. This can help keep people from going back to the hospital, improve how well patients do, and lower the cost of healthcare.
Technological advancements in delivery methods
The market for delivering medical supplies is likely to change a lot as new methods and technologies come out, like drones and self-driving cars. These technologies can improve delivery times, cut costs, and make it possible to send to places that are hard to get to or far away.
Opportunities: Increasing government programs
The Medical Supply Delivery Service Market is growing because the government is doing more to raise knowledge about abortions and unwanted pregnancies. Drugs, blood, vaccines, and test results can be sent quickly with the help of medical drones. This is possible because of how the government works. For example, in 2018, the government of Tanzania said it would work with DHL to start a program to send medical supplies by drone. From 2021 to 2026, this is likely to help the Medical Supply Delivery Service Market grow.
Expansion of delivery services to emerging markets
Medical supply delivery services have a big chance to make a lot of money in emerging countries. In many of these markets, it's hard to get medical supplies and tools, but delivery services can help make up the difference. Those who can get a strong foothold in these areas and offer reliable, low-cost delivery services are likely to do well.
Integration with electronic health record (EHR) systems
Integration with EHR systems can make the delivery of medical supplies faster and more accurate. EHR systems can give real-time information about what a patient needs, how much is in stock, and when it will be delivered. This can help speed up the delivery process and cut down on mistakes. Most likely, there will be a lot of demand for service providers who can integrate with EHR systems and offer delivery options that work well together.
Restraints/Challenges:Not having the right infrastructure
One of the main things that will slow the growth of the Medical Supply Delivery Service Market is the lack of good delivery and logistics facilities. Another thing that slows the growth of the market is that people don't know enough about improved delivery services.
Major Market Segments Covered:
By Service Mode
In 2020, messenger delivery was the most common way to get medical supplies to people all over the world. This market has grown because more people want transportation and delivery services for things like reports, prescription drugs, infusion medicines, lab specimens, and medical equipment that are both cost-effective and on time. People are also more likely to use courier delivery because there are more global and local courier companies around the world. This has helped this market grow a lot.
On the other hand, drone delivery is likely to be the most promising segment over the next few years. Drones are becoming more popular, and more countries are starting to accept them as a way to send medical goods. This means that more people want drone delivery services. In the near future, the main things that are expected to make drone delivery grow are the creation of rules about drones, the improvement of drones' efficiency, and the improvement of supply lines.
By Application
In 2020, medical goods made up more than 30% of the market for delivery services for medical supplies, so they were the biggest part of the market. More people are getting chronic diseases and getting older, which means that more treatments are being done. As the number of procedures goes up, so does the need for medical supplies, which in turn increases the need for services that bring medical supplies. The medical supplies segment has grown because more people want their medical supplies supplied quickly, safely, and at a good price.
During the time frame of the forecast, the segment of lab specimens and reports is projected to grow the most. Because the COVID-19 pandemic is predicted 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 made this part of the market grow. This trend of sending samples and reports without touching them is likely to last for a long time and will help this section grow in the near future.
By End user
In terms of the end user, pharmacies were the market leader in 2020, with more than 20% of the market. Pharmacies have grown because more people want drugs and other medical goods delivered right to their door. Customers don't have to wait in long lines at shops, and there are many easy ways to pay. This part of the market has grown because delivery services from pharmacies are so handy.
On the other hand, during the forecast period, patients are projected to be the segment with the fastest growth. The amount of older people and people with disabilities caused by age or illness is growing, so the patients segment is expected to grow quickly over the next few years. The market is rising because more and more people want their prescription drugs and medical supplies delivered right to their door.
Regional Insights:
During the Forecast period, Asia-Pacific is anticipated to be the largest market by region.
Asia-Pacific is the world's biggest market for services that send medical supplies. About 40% of the market will be in Asia-Pacific in 2020. The market is expected to grow because the government is spending more money to improve 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 improvements in logistics.
Over the next few years, Europe is likely to be the market with the most growth. 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 rapid growth of e-commerce, and the better transportation services that come from a developed infrastructure.
competitive landscape
The Medical Supply Delivery Service Market's competitive landscape shows information about each rival. 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 applications that dominate are all included. The information above is only about what the companies are focused on in the Medical Supply Delivery Service Market.
DHL, UPS, Agility, LogistiCare Solutions, LLC, FedEx Corporation, CEVA Logistics, The Wing, International SOS, Matternet, Zipline, Flirtey, and Swoop Aero are some of the biggest players in the Medical Supply Delivery Service Market.
Scope Of Report:
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | Value (USD Billion) |
Growth Rate | CAGR of 7.6% from 2023 to 2030 |
By Service Mode |
|
By Application |
|
By End-User |
|
By Companies |
|
Regional Scope |
|
Reasons to Purchase this Report and Customization Scope | 6-month post-sale analyst assistance.10% Free Customization and 15 Company Profiles in addition to the ones specified |
Key Vendors:
- DHL
- UPS
- Agility
- LogistiCare Solutions, LLC
- FedEx Corporation
- CEVA Logistics
- The Wing
- International SOS
- Matternet
- Zipline
- Flirtey
- Swoop Aero
1.DHL
DHL is the most well-known shipping company in the world. Their divisions offer an unbeatable range of logistics services, such as national and international package delivery, e-commerce shipping and fulfillment solutions, international express, road, air, and ocean transport, and industrial supply chain management.
DHL connects people and companies around the world in a safe and reliable way. It has about 380,000 employees in more than 220 countries and territories.
DHL is clearly "The logistics company for the world" because it has specialized solutions for growth markets and industries like technology, life sciences, healthcare, engineering, manufacturing and energy, auto-mobility, and retail.
2.UPS
UPS is dedicated to moving the world forward by delivering what matters in more than 220 countries and territories. UPS started as a small messenger service started by some enterprising teens with a $100 loan. Today, UPS and its more than 500,000 UPSers around the world are leaders in transportation and logistics, offering innovative solutions to customers big and small. UPS knows and understands that it is its job to help build communities that are safer, stronger, and more resilient, based on fairness and economic opportunity for everyone, and that are supported by a healthy, sustainable global environment.
UPS is based in Atlanta, and you can find them online at UPS.com and about.ups.com.
3.Agility
Agility is a world leader in supply chain services, infrastructure, and innovation. It has more than 45,000 employees on six continents. Agility runs multiple businesses and invests in them. Its specialty is growing and scaling companies that are already in operation. Menzies Aviation is the largest aviation services company in the world. TriStar is a global fuel logistics business. Agility Logistics Parks is the market leader in logistics parks in the Middle East, South Asia, and Africa. And UPAC is a commercial real estate company building a megamall in the UAE. Other Agility companies offer digitalization services for customs, infrastructure services for remote sites, defense and government services, and e-commerce-enablement and digital transportation. Agility invests in supply chain innovation, sustainability, and resilience. It also has minority stakes in a growing number of public and unlisted companies.
4. LogistiCare Solutions, LLC
LogistiCare runs the most non-emergency medical transportation services for state governments and managed care organizations in the United States. In 2017, the company managed more than 65 million trips and more than 24 million qualified riders, but only 1% of those people had a problem with the service.
LogistiCare has a network of more than 5,000 transportation provider partners and uses a huge amount of healthcare logistics resources, data, and experiences to create solutions for clients, find analytical trends, and fill service gaps. The company is working with industry leaders to improve America's healthcare system and improve members' quality of life by helping with care transitions, monitoring and improving outcomes once patients are at home, managing chronic conditions, and pushing preventive care.
5. FedEx Corporation
FedEx brings people and opportunities together through its shipping, delivery, e-commerce, and business services all over the world. Using the expertise and dependability of the FedEx name, they offer integrated business applications through their operating companies, which are run by a group of people working together. This gives their customers the best service possible.
FedEx has always been ranked as one of the most respected and trusted companies in the world because of its people. They encourage their more than 575,000 workers around the world to keep putting safety, the highest ethical and professional standards, and the needs of their customers and communities at the center of everything they do.
They are a star in their field because of the more than 500,000 people around the world who work for them and provide excellent customer service every day.
Recent Development:
-
There are a few big and small businesses that offer delivery services for medical supplies. These market players are trying to get a bigger piece of the market by making investments, forming partnerships, and buying or merging with other companies. Companies also spend money to make their items better. They are also making sure that prices stay low.
-
In April 2019, Marken bought HRTL in Italy to grow its transportation business.
-
In March 2021, Uber and ScriptDrop started working together to help people get their prescriptions.
-
In August 2020, NimbleRx and Uber Health joined forces to give contactless pharmacy delivery in the US.
-
In April 2019, the government of Ghana and the California-based logistics company Zipline started a drone delivery network. Patients in Ghana will be able to get medicines, blood products, and drugs when they need them thanks to this network.
Market Segmentation:
The Medical Supply Delivery Service Market has been segmented into:
By Service Mode
- Courier Delivery
- Drone Delivery
By Application
- Drug Supplies
- Medical Supplies
- Lab Specimens & Reports
- Emergency Services
By End user
- Hospitals
- Clinics
- Pharmacies
- Patients
- Laboratories
- Others
Global Medical Supply Delivery Service Market Regional insights
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Conclusion:
In conclusion, the market for services that send medical supplies is growing quickly and is likely to keep growing in the years to come. This growth is being fueled by a number of factors, such as the rising desire for home healthcare services and the improvements in delivery technology. In this competitive market, service providers who can change with the needs of the healthcare industry and offer new and reliable ways to give services are likely to do well.
In the medical supply delivery service market, there are also a number of opportunities for service providers, such as expanding into new markets, integrating with EHR systems, creating specialized delivery services, putting an emphasis on sustainability and environmental responsibility, and forming partnerships with healthcare providers and insurers.
Overall, the medical supply delivery service market is expected to keep growing, which will give service providers and other people involved in the industry a lot of possibilities. With the right strategies and solutions, service providers can become key players in this rising market and help make patient care and outcomes better as a whole.