Medical Courier Market By Product Type (Medical Supplies and Equipment, Lab Specimens, Medical Notes), By Service Type (Domestic, International): Global Opportunity Analysis and Industry Forecast, 2023-2032
Technology plays an essential role in optimizing the efficiency of medical courier services. The integration of automated processes serves to streamline the delivery system, reducing the likelihood of human errors, such as misplacements. The growth of medical courier is propelled by the adoption of cutting-edge technologies, including GPS tracking, online order and tracking platforms, signature capture, email notifications, and similar innovations.
A medical courier is a service of timely and secure transportation of critical medical and healthcare materials, such as urgent delivery of medical equipment, samples, and specimens, which includes urine, blood, organ and tissue for transplant, and others. Medical couriers undergo regular testing and have expertise to specific protocols for the secure handling and transportation of medical specimens. It includes CAP and HIPAA standards, with a focus on critical aspects of maintaining medical specimens at appropriate temperatures, minimizing transport times, ensuring a secure chain of custody, and safeguarding private health information.
Express delivery has gained immense traction in the Latin America region due to an increase in the transportation and courier activities across the region. For instance, in January 2022, J&T Express launched express services in Brazil, marking a significant step forward in the company's efforts to grow logistics services in the Latin American market. J&T Express, a fast-growing company founded in 2015, created a logistical network that spans all 26 states and one federal district in the South American country.
Dynamic market conditions and improvement in global economy are the key factors driving globalization. Attributed to rise in globalization, various activities related to trade are witnessing increase. Therefore, it is becoming difficult for manufactures or retailers to keep track of these activities in an efficient manner. This factor is expected to drive the logistics market for logistics companies. Moreover, development of the overseas market is a significant factor that fuels the growth of the market. Logistics services are becoming extremely vital for price-sensitive customers who require a wider choice of high-quality products with timely delivery.
In December 2019, a group of pneumonia cases with unknown ethology was found in Wuhan city, China. It was observed that the initial patients visited some wet seafood market where other species of wildlife were also sold. Molecular analysis and isolation of virus from human patient showed that this new pathogen was a new coronavirus (CoV), which was first named 2019-nCoV, and later was named as COVID-19 by the World Health Organization (WHO). SARS-CoV-2 is the seventh coronavirus known to infect humans. In February 23, 2020, the lockdown of Wuhan, a central city in China, alarmed people across the world of an emerging novel coronavirus that is posing a major public health and governance challenges. With no antiviral drugs or vaccines and the presence of carriers without obvious symptoms, traditional public health intervention measures are significantly less effective
The expansion of the market is credited to a heightened demand for over-the-counter (OTC) products, including vitamins, minerals, and nutritional supplements (VMS), as well as common remedies for cough and cold, gastrointestinal drugs, and dermatological products. Additionally, the increasing significance of timely healthcare assistance is a key driver for the growth of the medical courier market.
The market for medical courier is divided based on service type, product type, end users and region. Service type include domestic and international. Product type encompass medical supplies and equipment, lab specimens, medical notes and others. By End Users the market is segmented into hospital and clinics, diagnostic labs, blood and tissue banks, pharmacy, and others. The market is further analyzed across North America, Asia-Pacific, Europe, Latin America, Middle East and Africa.
The market is highly fragmented, into several players including Affordable Courier Solutions, Inc., Aylesford Couriers, CitySprint (UK) Ltd, IntelliQuick Delivery, Inc., Blaze Express Courier Service, Cencora, Inc., DHL International GmbH, FedEx Corporation., MNX, Reliant Couriers & Haulage Ltd.
Key Market SegmentsBy Product TypeMedical Notes
Medical Supplies and Equipment
Lab Specimens
By Service TypeDomestic
International
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest Of The Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Colombia
Rest of Latin America
Middle East and Africa
UAE
Saudi Arabia
Egypt
Rest of Middle East And Africa
Key Market Players
Affordable Courier Solutions, Inc.
Aylesford Couriers
CitySprint (UK) Ltd
intelliquick delivery, inc.
Blaze Express Courier Service
Cencora, Inc.
DHL International GmbH
FedEx Corporation
MNX
Reliant Couriers & Haulage Ltd
Please Note: It will take 7-10 business days to complete the report upon order confirmation.