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.
- Rising Adoption of Medical Suppliers from Healthcare Industry
- Growing Demand for Fast Delivery of Samples and Specimens for Diagnosis and Testing
- Enhancement in the Better Healthcare Delivery Model
- Availability of Medical Courier Management Software with GPS Tracking Technology
- Dependency on Own Service from Hospitals with Limited External Logistics Support
- Expansion of Healthcare Logistics and Transporation
- Growth in Phamacitucal and Biotech Segment in Emerging Countries
- Lack of Trained Staff in Developing and Underdeveloped Countries
- Risk of Compromising Quality Due to Rush for Delivery Products in the Shortest Time
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 AdvanceMarketAnalytics see United States Manufacturers to retain maximum share of Global Medical Courier market by 2025. 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.
In Dec. 2018, MNX Global Logistics announced that it has acquired the Express Division of Network Global Logistics (NGL).
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.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
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.