Medical Drones Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Japan, China, Australia, Brazil, South Africa, UAE) Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI3120
Medical Drones Market size is projected to experience significant growth from 2019 to 2025.
Increasing demand of drones in medical transportation will drive the medical drones market in upcoming years. Medical drones are developed for safe and rapid delivery of medical supplies in remote areas as well as in rural areas of countries. For instance, VillageReach, a non-profit organization transports blood samples from remote hospitals to large hospitals. Also, cost-effective medical drones have high preference in hospitals and military sectors in under-developed and developing countries that will increase the demand for medical drones.
Increasing government initiatives for research and development of medical drones will drive the industry growth during analysis timeframe. For instance, Ghana government signed agreement with U.S. firm to deliver blood and other medical supplies to clinics and hospitals, such initiatives will drive the medical drones market. However, regulations regarding approvals for medical drones will hamper the industry growth. Also, these drones require constant technical assistance for successful operation that will further affect the industry growth.
Multi Rotor drones segment projected to show significant growth during analysis timeframe owing to technological superiority over fixed-wings drones. Multi-rotor drones don’t require landing strip and they make less noise. Key industry players are developing advanced multi rotor drones with wide range of applications. For instance, DJI, a Chinese company developed Phantom drone that is light weight and easy to operate. Such technological advancements can drive segmental growth in upcoming years.
Blood transport segment held considerable share in 2018 and it will show lucrative growth during analysis timeframe. Increasing demand of blood across the globe will drive the segmental growth. Blood and blood components are used in various surgical process as well as in emergency cases such as accidents and trauma cases. Demand for blood components will further increase with rising incidences of accidents and trauma cases driving the segmental growth.
Hospitals segment held considerable share in 2018 and it will show lucrative growth in coming years. Hospitals situated in rural or remote areas can’t get required medical supplies on time. Drones can be easy and rapid way to transport blood, vaccines and drugs to hospitals. For instance, Barnsley Hospital is forming aerial safety unit for transportation. Thus, rising adoption of drones in hospital segment due to aforementioned applications will drive the segmental growth.
North America medical drone market accounted for considerable share in 2018 and trend is likely to remain so over the forecast timeframe. Increasing government initiative predicted to upsurge the regional growth. For instance, in 2017 US president initiated UAS integration pilot program to ease commercial use of drones. Moreover, countries such as U.S. and Canada received certifications to commercialize drone usage for various purposes. Such certifications will enhance the demand for drones in the region.
Some of the key industry players include DJi, Parrot, Yunnec, Autel Robotics, Hubsan, Syma Toys, Walkera, Blade, Embention and Gryphon Sensors. Industry players focus on acquisitions and new product launch as their key strategies to expand existing product portfolio and maintain their market position. For instance, Autel Robotics developed X-star premium drones that are equipped with camera and can be fold for portability.
Medical Drone Market, by Type, 2014-2025 (USD Million)
- Multi Rotor Drones
- Fixed Wing Drones
Medical Drone Market by, Application, 2014-2025 (USD Million)
- Acute care
- Vaccinations Programs
- Blood transport
- Drug and pharmaceutical transferring
Medical Drone Market, by End-use, 2014-2025 (USD Million)
- Blood banks
- Emergency medical services
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- DJI Innovations
- Autel Robotics
- Syma Toys
- Gryphon Sensors
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