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Medical Drone Delivery Services Market Size, by Application (Blood Transfer, Drugs/Pharmaceutical Transfer, Vaccination Program), End-Use (Emergency Medical Services, Blood Banks), & Global Forecast, 2023-2032

  • Report ID: GMI5428
  • Published Date: Feb 2023
  • Report Format: PDF

Medical Drone Delivery Services Market Size

Medical Drone Delivery Services Market size exceeded a valuation of USD 200 million in 2022 and is projected to witness over 25% CAGR through 2032 driven by the notable advancements in drone technology.
 

Medical Drone Delivery Services Market

Medical products are often stockpiled in urban centers and delivering them to remote villages that lack adequate road and rail links is costly and time-consuming. Under-developed nations have become key areas for the utilization of aerial drone technology in recent years and are also driving the advancement of drone designs while penetrating new markets for drone services in collaboration with private enterprises and other agencies. Underdeveloped regions, mainly in Africa, are forming partnerships to accelerate the development and usage of aerial drones, positively influencing the medical drone delivery services market.
 

Furthermore, prominent companies are focusing heavily on integrating cutting-edge technologies into existing medical drones. For instance, Wing, Alphabet's drone delivery startup, is developing bigger drones capable of handling heavier packages. Moreover, modern innovations support the storage of medical supplies, such as blood components, at the correct temperature, as well as the creation of ambulance drones capable of delivering defibrillators to emergency care providers. The Delft University of Technology in the Netherlands has created a prototype ambulance drone that has a cardiac defibrillator and a 2-way communication radio and video.
 

Complications linked with the usage of medical drones may impede market expansion

The use of drones to carry medical supplies and services is constrained by varied factors, including short battery life, poor load capacity, and high cost of carriage, which may limit product uptake. Furthermore, uncertainties associated with the feasibility of these solutions compared to conventional land-based transportation services after considering the amortization costs as well as additional costs, such as those for drone training and certification for personnel, insurance, preventive maintenance, accidents, or failures. However, ongoing R&D efforts in the area of drone technology are likely to help manufacturers overcome this constraint.
 

Medical Drone Delivery Services Market Analysis

Medical Drone Delivery Services Market By Application

Based on application, the medical drone delivery services market share from the vaccination program segment is anticipated to grow at a 25.5% CAGR between 2023 and 2032 propelled by ongoing efforts by various establishments and massive investments toward promoting the use of medical drones to supply timely vaccines during emergency situations and in remote areas. In September 2021, VillageReach, a non-profit global health organization, announced that it had employed drone flying services to make 652 deliveries, including 90,110 vaccination doses and vaccine administration equipment, as well as medications and other supplies to hard-to-access healthcare facilities in Ecuador.
 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for medical drone delivery services was valued at more than USD 200 million in 2022 and is estimated to grow at over 25% CAGR through 2032 owing to the rising product adoption worldwide and the notable advancements in drone technology.

Vaccination program segment is anticipated to depict a 25.5% CAGR through 2032 driven by the ongoing efforts and massive investments by various establishments to promote the use of medical drones.

U.S. market for medical drone delivery services held over 28.5% industry share in 2022 attributed to the ongoing initiatives by the established market participants to expand their service portfolio.

RigiTech SA., Zipline Matternet, International Inc., SkyDrop, DHL, Swoop Aero, United Parcel Service of America, Inc., and Wing (Alphabet) are among the top companies engaged in the market.

Medical Drone Delivery Services Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 8
  • Tables & Figures: 79
  • Countries covered: 8
  • Pages: 85
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