Medical Drone Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Medical Drone Market
The medical drone market size was valued at USD 1.25 billion in 2023, and the market is now projected to grow from USD 1.47 billion in 2024 to USD 4.68 billion by 2032, exhibiting a CAGR of 17.9% during the forecast period of 2024-2032.
The COVID-19 pandemic created significant opportunities on the medical drone market growth as curbing corona virus outbreak was prioritized. During the COVID-19 pandemic, the marketplace registered exceptional growth due to the excessive demand for clinical drones to move healthcare devices. Nations around the sector set up suitable infrastructure and facilities to permit contactless transport of crucial and medical substances and keep away from the in addition unfolding of COVID-19.
The medical drone market share globally has been contributed due to the Rising Use of Medical Drones in First Responder Operations. There has been a excellent surge in the use of drones to resource operations related to first aid, search & rescue, and disaster control in latest years. Such wide programs of drones have proliferated the demand for clinical drones.
Furthermore, there’s been a notable trend of Rise in Integration of Emerging Technologies such as Artificial Intelligence. Original Equipment Manufacturers (OEMs) and carrier vendors have started out using artificial intelligence and other rising technologies, including AR, VR, XR, and IoT, in the delivery of clinical materials via drones.
Comprehensive Analysis of Medical Drone Market
The medical drone market and aerospace & defense industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the aerospace & defense industry. These segmentations are methodically segregated by type, technology, package size, and application. The types include fixed wing, rotary wing and hybrid. However, the technologies are such as autonomous, semi-autonomous and remotely operated.
The North American region is conducive to the global medical drone market, leading to a recall of USD 398.3 million owing to presence of top OEMs. During the pandemic, the U.S. became one of the first countries to provide you with technologically superior answers, including disinfecting spray drones for public areas.
The top players in the market play a crucial role in the aerospace & defense industry assuring industrial prospectus growth and setting market standards. These players include, Aquiline Drones (U.S.), Avy (Netherlands), Bell Flight – Textron (U.S.), Draganfly Innovations (Canada), Drone Delivery Canada Corp. (Canada), Freefly Systems (U.S.), Aether Global Innovations Corporation (Formerly, Plymouth Rock Technologies Inc.) (U.S.), Skyports Ltd. (U.K.), Vayu Inc. (U.S.), Workhorse Group (U.S.), these market players provide a level-playing competitive landscape.
In April 2023, the Virginia Institute for Spaceflight and Autonomy (VISA) initiated the transport of drugs to patients tormented by high blood pressure in remote locations. The service was announced as a partnership with DroneUp, Riverside Health System, and Virginia Innovation Partnership Corporation.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 17.9% from 2024 to 2032
Unit Value (USD Billion)
Segmentation
By Type
Fixed Wing
Rotary-Wing
Hybrid
By Technology
Fully Autonomous
Semi-Autonomous
Remotely Operated
By Package Size
Less than 2 kg
2-5 kg
More than 5 kg
By Application
Emergency Blood Logistics
Medical Drug & Vaccine
Emergency Organ Logistics
Others
By Country
North America (By Type, Technology, Package Size, Application, and Country)
U.S. (By Type)
Canada (By Type)
Europe (By Type, Technology, Package Size, Application, and Country)
U.K. (By Type)
Germany (By Type)
France (By Type)
Italy (By Type)
Spain (By Type)
Rest of Europe (By Type)
Asia Pacific (By Type, Technology, Package Size, Application, and Country)
China (By Type)
India (By Type)
Japan (By Type)
Australia (By Type)
South Korea (By Type)
Rest of Asia Pacific (By Type)
Middle East & Africa (By Type, Technology, Package Size, Application, and Country)
Ghana (By Type)
UAE (By Type)
Saudi Arabia (By Type)
Turkey (By Type)
Rest of Middle East & Africa (By Type)
Latin America (By Type, Technology, Package Size, Application, and Country)
Brazil (By Type)
Mexico (By Type)
Rest of Latin America (By Type)
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