About Medical Courier
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.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.3% |
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. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Medical Courier market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Blaze Express Courier Service (United States) and Dynamex (United States).
Segmentation Overview
AMA Research has segmented the market of Global Medical Courier market by , Application (Residential, Commercial, Industrial and Government) and Region.
On the basis of geography, the market of Medical Courier has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Medical Courier Management Software will boost the Medical Courier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Medical Courier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
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
Market Leaders and their expansionary development strategies
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.
Key Target Audience
Medical Courier Service Provider, End-User Industry, Potential Investors, Research Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.