Medical Supply Delivery Service Market Scope
Medical supply delivery service deliver products and materials that require special care and treatment. It transports or delivers all medical items including medicines, medical records, blood, and others. It must keep some delivery products at a controlled temperature. High demand for the medical supply delivery service owing to quick healthcare facilities is the major factor driving the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | McKesson Corporation (United States), AmerisourceBergen (United States), Henry Schein (United States), Cardinal Health (United States), Medline Industries (United States), Johnson & Johnson (United States), Medtronic (Ireland), BD (United States), Thermo Fisher Scientific, Inc. (United States) and Agility Logistics (Kuwait) |
CAGR | 7.5% |
Global Medical Supply Delivery Service is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Services. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
McKesson Corporation (United States), AmerisourceBergen (United States), Henry Schein (United States), Cardinal Health (United States), Medline Industries (United States), Johnson & Johnson (United States), Medtronic (Ireland), BD (United States), Thermo Fisher Scientific, Inc. (United States) and Agility Logistics (Kuwait) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Medical Supply Delivery Service market by Type , by Application (Medical Supply Delivery, Hospital Delivery, Specimen Transportation, Radioactive Materials, Surgical Deliveries and Others) and Region with country level break-up.
On the basis of geography, the market of Medical Supply Delivery Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In February 2023, Garuda Aerospace (Chennai) collaborated with Narayana Health to facilitate the transportation of biomedical supplies with its product “Sanjeevani” drones. The drone service will be helpful in the delivery of critical and emergency medical supplies, such as reports & samples, in case of heavy traffic and other obstacles.
On 16th September 2021, McKesson Corporation has announced to launch the rapid returns solutions for healthcare systems. It helps to increase the amount of credit received for returned pharmaceuticals and over-the-counter products.
According to Food and Drug Administration, “Distributors of medical devices must register their establishment with the food and drug administration. All registration information must be verified annually.
Influencing Trend:
Need of On-Time Delivery Services
Market Growth Drivers:
Surging Demand for Medical Supply Delivery Service from Healthcare Sector
Challenges:
Stringent Regulations on the Usage and Handling of Medical Devices
Restraints:
Problems with the Size and Cost Limit for the Order Packages
Opportunities:
Growing Usage of Medical Supply Delivery Service for Fast Delivery can create Opportunities for the Market Growth.
Key Target Audience
Medical Supply Delivery Service Providers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others