Medical Courier Market - Forecast(2021 - 2026)

 

Medical Courier Market Overview

Medical Courier Market size is estimated to reach $6.4bn by 2025 and is poised to grow at a CAGR of 5.9% during the forecast period 2020-2025. A medical courier is a service that ensures the safe and timely transmission of medical equipment, reports, or organs and samples between hospitals and between laboratories and hospitals. As the success of organ transplants is growing rapidly, it is extremely important that donated organs can be delivered safely, securely, and on time to the recipient. 


Medical Courier Market Report Coverage

The report: “Medical Courier Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Medical Courier Market. 
By Service Type: Standard Courier services, International Services, Rush and On-Demand, Pallet Shipment and Warehousing and others
By Application: Hospitals, Diagnostic labs, Pharmaceuticals, Blood banks, Medical equipment & Supplies and others.
By Geography: North America, Europe, Asia-Pacific, and Rest of World


Key Takeaways

  • Geographically, North America had the largest market for Medical Courier in 2019, owing to the advanced health infrastructures and effective reimbursement policies.
  • Growing organ donation and ease of availability of the requirements is driving the market over the forecast period (2020-2025).
  • Difficulties in transporting the medical goods to remote areas is estimated to hinder the growth of the target market.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Medical Courier Market report.


Medical Courier Market Segment Analysis - By Service Type 

The global Medical Courier market based on the Service type has Standard Courier services, International Services, Rush and On-Demand, Pallet Shipment and Warehousing and others. Standard Courier services are the most used services. Through this, the medical requirements like blood, organs, medicines and other essentials are transported to other hospitals and healthcare centers prior to the emergency. In addition, Rush and On-Demand service type includes risk factors like time period and transportation facility. The medical essentials need to be delivered within a short span of time and with no minimum damage.


Medical Courier Market Segment Analysis - By Application

Based on Application, the market is classified into Hospitals, Diagnostic labs, Pharmaceuticals, Blood banks, Medical equipment and Supplies and others. Hospitals segment has highest market share in 2019, and is set to grow over the forecast period (2020-2025) owing to the increasing number of surgeries and the old age population with various amount of diseases. 

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Location: United States

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