Global Medical Courier Market Overview:
The medical courier services are crucial in delivering time-sensitive laboratory specimens, pharmaceuticals, paperwork, and supplies to reference laboratories, hospitals, pharmacies, and other medical facilities. Courier services have evolved and become more focused on training and technology over the past few years, with the goal of improving service levels. The availability of medical courier management software and GPS tracking will boost the market in forecasted period.
As per latest study released by AMA Research, the Global Medical Courier market is expected to see growth rate of 5.3%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Enhancement in the Better Healthcare Delivery Model and Availability of Medical Courier Management Software with GPS Tracking Technology
Market Growth Drivers:
Rising Adoption of Medical Suppliers from Healthcare Industry and Growing Demand for Fast Delivery of Samples and Specimens for Diagnosis and Testing
Challenges:
Lack of Trained Staff in Developing and Underdeveloped Countries and Risk of Compromising Quality Due to Rush for Delivery Products in the Shortest Time
Restraints:
Dependency on Own Service from Hospitals with Limited External Logistics Support
Opportunities:
Expansion of Healthcare Logistics and Transportation and Growth in Pharmaceutical and Biotech Segment in Emerging Countries
Competitive Landscape:
The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market.
Some of the key players profiled in the report are FedEx Corporation (United States), DHL International GmbH (Germany), Affordable Courier Solutions, Inc. (United States), Medical Couriers Inc. (United States), Network Global Logistics, LLC (United States), Aylesford Couriersswine (United Kingdom), CitySprint Healthcare (United Kingdom) and IntelliQuick Delivery, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Blaze Express Courier Service (United States) and Dynamex (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Medical Courier market by 2030. Considering Market by Technology, the sub-segment i.e. Medical Courier Management Software will boost the Medical Courier market. Considering Market by End User, the sub-segment i.e. Hospitals will boost the Medical Courier market.
Latest Market Insights:
In September 2022, The German parcel delivery company DHL acquired a majority stake in the Dutch order processor Monta. Monta supplies, among other things, software for warehouse management and order processing for small and medium-sized web shops.
In Sept 2020, DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has been recertified to the CEIV Pharma Standard of the International Air Transport Association (IATA) globally. The central association for aviation attests to the highest service and quality standards through uniform processes and a compliant network.
What Can be Explored with the Medical Courier Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Medical Courier Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Medical Courier
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Medical Courier market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Medical Courier market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Medical Courier Service Provider, End-User Industry, Potential Investors, Research Firm and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.