Medical Supply Delivery Service Market (By Service Mode: Courier Deliver Drone Delivery; By Application: Drug Supplies, Medical Supplies, Lab Specimens & Reports, and Emergency Services; By End User: Hospitals, Clinics, Pharmacies, Patients, Laboratories, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 – 2030


According to Precedence Research, the global medical supply delivery service market was valued at US$ 50.33 billion in 2021 and is expected to reach over US$ 97.5 billion by 2030, poised to grow at a CAGR of 7.6% from 2021 to 2030.

Medical Supply Delivery Service Market Size 2020 to 2030

Growth Factors

The global medical supply delivery service market is significantly driven by the growing demand for the services of medical couriers for the timely delivery of medical supplies to the healthcare units. The growing number of surgical procedures across the globe due to the growing prevalence of chronic diseases among the population is boosting the demand for the medical supply delivery service market. Moreover, the elderly people are susceptible to various chronic diseases which fuels the number of surgical procedures, demand for various tests, and demand for drugs, which drives the demand for the medical supply delivery services. According to the United Nations, the global geriatric population is estimated to reach at 2 billion by 2050. The increasing needs for the secure and timely delivery of the medical supplies, lab specimens, samples, and reports is positively impacting the market growth. The declining transportation costs and adoption of innovative technologies in the logistics is expected to fuel the growth of the market in the forthcoming years.

The growing number of road accidents is expected to be a major driver of the medical supply delivery service market. The road accidents results in the demand for the emergency services that boosts the demand for the medical supply delivery services. According to the World Health Organization, around 1.3 million people die in road accidents each year. Moreover, around 20 to 50 million people acquire injuries and many accident victims develops disabilities. Therefore, the growing number of road traffic accidents are expected to propel the growth of the market. Furthermore, the growing government initiatives to adopt innovative delivery modes such as drone deliver is estimated to drive the market growth. For instance, the government of Tanzania partnered with the DHL to develop a medical drone delivery program in 2018. Thus, the increasing focus towards the development of the efficient and secure delivery of medical supplies to various end users such as hospitals, clinics, patients, and laboratories is supplementing the growth of the global medical supply delivery service market.

Scope of the Medical Supply Delivery Service Market

Report Coverage Details
Market Size USD 97.5 Billion by 2030
Growth Rate CAGR of 7.6% from 2021 to 2030
Largest Market Asia Pacific
Fastest Growing Market Europe
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Service Mode, Application, End User, Region
Companies Mentioned DHL, UPS, Agility, LogistiCare Solutions, LLC, FedEx Corporation, CEVA Logistics, The Wing, International SOS, Matternet, Zipline, Flirtey, Swoop Aero

 

Service Mode Insights

The courier delivery segment dominated the global medical supply delivery service market in 2020. The increased demand for the cost-effective transportation and delivery, and the timely delivery of various healthcare materials such as reports, prescription drugs, infusion medicines, lab specimens, and medical equipment has fostered the growth of this segment. Moreover, the increased penetration of the courier delivery mode owing to the higher presence of global and local courier companies across the globe have significantly contributed towards the growth of this segment.

On the other hand, the drone delivery is estimated to be the most opportunistic segment during the forecast period. The rising popularity of drones and growing acceptance of drones in the medical supplies delivery in the developed and developing economies is boosting the demand for the drone delivery services. The development of regulations regarding drones, higher efficiency of the drones, and enhancement of the supply chains are the major factors that are expected to drive the growth f the drone delivery segment in the upcoming future.

Application Insights

Medical supplies segment accounted more than 30% of the market share and dominated the global medical supply delivery service market in 2020. The rising prevalence of chronic diseases and growing geriatric population is fueling the number of surgical procedures across the healthcare units. The increasing volume of procedures is resulting in the increased demand for the medical supplies that further boosts the demand for the medical supply delivery services. The increased need for the cost-effective, secure, and quick delivery of the various medical supplies has fostered the growth of the medical supplies segment.

The lab specimens & reports is estimated to be the fastest-growing segment during the forecast period. The increased demand for the contact-less and timely deliveries of specimens like blood samples, urine, saliva, and others to the labs, owing to the outbreak of the COVID-19 pandemic in 2020 has fueled the growth of this segment. This trend of contactless delivery of specimens and reports is expected to sustain in the long term and boost the growth of this segment in the foreseeable future.

End User Insights

Based on the end user, the pharmacies segment dominated the market, accounting for a market share of more than 20% in 2020. The increased demand for the convenient door step delivery of drugs and various medical supplies has boosted the growth of the pharmacies. The customers can eliminate the long queues in the pharmacies and can easily pay using various payment methods. The conveniences associated with the delivery services in the pharmacies has fueled the growth of this segment.

On the other hand, the patients is estimated to be the fastest-growing segment during the forecast period. The growing geriatric population and growing disabilities owing to aging and various diseases, the patients segment is expected to grow at a rapid pace during the forecast period. The increasing demand for the door step delivery of various prescription drugs and medical supplies among the patients is propelling the market growth.

Region Insights

Asia Pacific dominate the global medical supply delivery service market, garnering a market share of around 40% in 2020. The rising investments by the government in the improvement of healthcare infrastructure, rising burden of diseases, growing geriatric population, rising number of hospital admissions, and increasing adoption of technological advancements in the logistics are the major factors that are estimated to boost the growth of the market.

Europe is estimated to be the fastest-growing market during the forecast period. The high healthcare expenditure, increased adoption of advanced technologies in the healthcare sector, rapid growth in the e-commerce, and enhanced logistics services owing to the presence of developed infrastructure are the prominent drivers of the Europe medical supply delivery service market.

Key Market Developments

The medical supply delivery servicemarket is moderately fragmented with the presence of several local and global companies. These market players are striving to gain higher market share by adopting strategies, such as investments, partnerships, and acquisitions & mergers. Companies are also spending on the development of improved products. Moreover, they are also focusing on maintaining competitive pricing.

  • In April 2019, Marken acquired HRTL in Italy to expand its logistics footprint.
  • In March 2021, Uber and ScriptDrop entered into a partnership for the providing prscription delivery services.
  • In August 2020, NimbleRx and Uber Health entered into a partnership to provide contactless delivery of pharmacies in US.

Some of the prominent players in the global medical supply delivery service market include:

  • DHL
  • UPS
  • Agility
  • LogistiCare Solutions, LLC
  • FedEx Corporation
  • CEVA Logistics
  • The Wing
  • International SOS
  • Matternet
  • Zipline
  • Flirtey
  • Swoop Aero

Segments Covered in the Report

By Service Mode

  • Courier Delivery
  • Drone Delivery

By Application

  • Drug Supplies
  • Medical Supplies
  • Lab Specimens & Reports
  • Emergency Services

By End User

  • Hospitals
  • Clinics
  • Pharmacies
  • Patients
  • Laboratories
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

What is the current size of medical supply delivery service market?
According to Precedence Research, the global medical supply delivery service market size was reached at US$ 50.33 billion in 2021 and is expected to surpass US$ 97.5 billion by 2030.
The global medical supply delivery service market is expected to grow at a CAGR of 7.6% from 2021 to 2030.
The growing demand for the surgical procedures among the population owing to the rising prevalence of chronic diseases is fueling the demand for the medical supply delivery services.
The leading players operating in the global medical supply delivery service market are DHL, UPS, Agility, LogistiCare Solutions, LLC, FedEx Corporation, CEVA Logistics, The Wing, International SOS, Matternet, Zipline, Flirtey, Swoop Aero.
Asia Pacific dominated the global market, accounting for a market share of around 40% in 2020.

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