The global medical supply delivery service market size is expected to be worth around US$ 120.5 billion by 2030, according to a new report by Vision Research Reports.
The global medical supply delivery service market size was valued at US$ 50.6 billion in 2020 and is anticipated to grow at a CAGR of 11.3% during forecast period 2021 to 2030.
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Report Coverage
Report Scope | Details |
Market Size | USD 120.5 billion by 2030 |
Growth Rate | CAGR of 11.3% From 2021 to 2030 |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Segments Covered | Application, Mode of service, End-user |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | DHL International GmbH; United Parcel Service of America, Inc.; Agility; ModivCare Solutions, LLC; FedEx; CEVA Logistics; wingslogistics; International SOS; Matternet; Zipline; Flirtey; Swoop Aero |
Growth Factors
The growing need for ensuring quick, safe, and secure transportation of samples and specimens for testing, reducing logistics costs, and increasing focus on improving the healthcare system is increasing the demand for medical supply delivery services. The increasing incidence of road accidents owing to various factors leading to blood loss and immediate requirement for blood is boosting the market growth. Furthermore, the growing geriatric population, rising incidence of diabetes and hypertension, and the rising surgical procedures for organ transplants are driving the market growth.
An increase in the volume of surgical procedures, coupled with the surge in the adoption of medical courier services for delivering medical supplies to healthcare facilities on time, is expected to fuel the market growth. The growing need to ensure quick and secure transportation of samples and specimens for testing, declining cost of logistics, and increasing focus on improving the healthcare system are driving the demand for medical supply delivery services.
Key Players
Market Segmentation
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