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The global medical supply delivery service market size was valued at USD 58.7 billion in 2023, driven by increasing emphasis on providing medical supplies on time across the globe. The market is expected to grow at a CAGR of 9.7% during the forecast period of 2024-2032, with the values likely to rise from USD 64.4 billion in 2024 to USD 134.9 billion by 2032.
Medical delivery services are used to transport healthcare equipment, samples, specimens, pharmaceuticals along with medical records. They are mostly used to handle and ship any medical industry related equipment that may be aided in diagnosis or treatment of a disease. They are often used by hospitals, pharmacies, clinics, and laboratories.
Medical supply delivery services have gained high popularity, especially post-COVID-19, attributed to lower supply costs and as an efficient replacement for staff shortages. Technical advancements and integration have added significant worth to the medical supply delivery service market value. The services improved with features like GPS tracking, email notifications, online order, and track platforms, barcode scanning, along with signature capturing.
With the vision of expediating and improving delivery systems, drone delivery is the latest market trend. In Eastern Africa, Zipline supplies medical supplies under 45 minutes to the farthest destination within the distribution sphere. Similarly, Matternet, a Swiss drone logistics company has partnered with several African organizations to deliver medical supplies in Malawi. In February 2023, India-based Narayana Health also announced their partnership with Garuda Aerospace, aimed to deliver biomedical samples with the help of drones called “Sanjeevani”.
Keeping patient privacy intact, HIPPA (Health Insurance Portability and Accountability Act) complied services have flourished in the market. To meet the high medical supply delivery service market demand, streamline and execute accurate deliveries, healthcare practitioners have started relying on software. FarEye, Track-POD, Routific, Onfleet are some of the widely used software in the market.
Market Breakup by Service Mode
Market Breakup by Application
Market Breakup by End User
Market Breakup by Region
Understanding the priority for immediate, safe, and prompt delivery in the healthcare ecosystem, medical supply delivery service systems have gained high preference. In the forecast period, North America is expected to lead the medical supply delivery service market share. The market share can be attributed to a well-established roadways network facilitating route efficiency for smooth delivery. In addition, a digitally educated population and healthcare providers have stronger faith in using the latest technology for better services.
The Asia Pacific region is experiencing a strong wave of digitization which is set to boost the medical supply delivery service market size. The government has been working towards developing digitally equipped infrastructure and spreading vital awareness and benefits of adopting telehealth services for improved patient outcomes. Such factors will fuel growth in the future.
The healthcare logistics scenario is improving in Africa, owing to rising foreign investments and tie ups between local and international companies, working towards employing drone services for commercial as well as non-commercial medical services.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Service Mode |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of about USD 58.7 billion in 2023, driven by the focus on delivering medical supplies on time across the globe.
The market is anticipated to grow at a CAGR of 9.7% during the forecast period of 2024-2032, likely to reach a market value of USD 134.9 billion by 2032.
The market demand has increased with the emergence of supply delivery software enabled GPS tracking, barcode scanning and email notification options.
The current trend includes the drone integration into the delivery systems for efficient and prompt services. In February 2023, Narayana Health, an Indian healthcare company announced their partnership with Garuda Aerospace, aimed to transport biomedical samples with the help of drones called “Sanjeevani”.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.
Common application areas include drug supplies, medical supplies, lab specimens and reports, and emergency services, among others.
It is divided into courier delivery as well as drone delivery.
Major end users include hospitals and clinics, pharmacies, and laboratories, among others.
Key players involved in the market are DHL International GmbH, United Parcel Service of America, Inc., Agility Public Warehousing Company, ModivCare Solutions, LLC, FedEx Corporation, CEVA Logistics, International SOS, Wingslogistics, International SOS, Matternet, Zipline, Flirtey, and Swoop Aero.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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