MEDICAL SUPPLY DELIVERY SERVICE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The global medical supply delivery service market is estimated to be valued at USD 65.08 BN in 2024 and is expected to exhibit a CAGR of 8.1% during the forecast period (2024-2031). The medical supply delivery service market has been witnessing steady growth over the past few years. The growing geriatric population and the rising prevalence of chronic diseases have significantly increased the demand for various medical supplies and devices among healthcare facilities. Furthermore, technological advancements in the healthcare sector have enabled improved patient care at home, driving the need for efficient delivery of medical supplies. To ensure seamless operations and timely supply chain management, hospitals and clinics are increasingly outsourcing their delivery logistics to specialized service providers. This is expected to continue bolstering the growth of the medical supply delivery service market in the coming years.

Market Dynamics:

The global medical supply delivery service market is primarily driven by rising healthcare expenditure worldwide and the growing preference for doorstep delivery of medical supplies. Additionally, the rapid shift towards home healthcare from conventional hospital-based treatment is augmenting the demand for these delivery services. At the same time, increasing investments by logistics companies to improve supply chain efficiency through digital technologies are positively impacting the market growth. However, stringent regulations pertaining to pharmaceutical transportation and the shortage of trained medical professionals constitute major challenges for players in this industry. Meanwhile, growing partnerships between logistics companies and healthcare facilities present lucrative opportunities for market participants.

Key Features of the Study:

• This report provides an in-depth analysis of the global medical supply delivery service market, and provides market size (USD BN) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global medical supply delivery service market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study includes Dropoff, Excel Courier, Rapidus, GoShare Inc., UPS, FedEx, DHL Medical Express, Cardinal Health, Agility, Florida Couriers, Wings Logistics, CEVA Logistics, Zipline, Byram Healthcare Centers, Inc., National Delivery Solutions, Diamond Logistics, MCKESSON CORPORATION, Pillow Logistics, and ModivCare
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global medical supply delivery service market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical supply delivery service market

Detailed Segmentation-

• Service Type:
• • Medical Lab Supplies
  • Pharmaceutical Supplies
  • Biological Specimen Delivery
  • Hospital Equipment
  • Others
• Mode of Delivery:
• • Courier
  • Drone
• Delivery Type:
• • Express/Urgent Delivery
  • STAT Delivery
  • Scheduled Delivery
  • Others
• End User:
• • Hospitals
  • Diagnostic Laboratories
  • Pharmacies
  • Blood Banks
  • Government Agencies
  • Others
• Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
• • Dropoff
  • Excel Courier
  • Rapidus
  • GoShare Inc.
  • UPS
  • FedEx
  • DHL Medical Express
  • Cardinal Health
  • Agility
  • Florida Couriers
  • Wings Logistics
  • CEVA Logistics
  • Zipline
  • Byram Healthcare Centers, Inc.
  • National Delivery Solutions
  • Diamond Logistics
  • MCKESSON CORPORATION
  • Pillow Logistics
  • ModivCare