Market Study Report LLC recently added a new title on 2019-2025 Global Medical Drones Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025.
Delaware, Selbyville - August 21, 2019 /MarketersMedia/ —
Increasing number of government initiatives globally will boost the demand for medical drone deliveries thereby, escalating industry growth. For instance, according to Ghana Health Service, in 2018, Ghana government has signed agreement with the US firm to assure transport medical supplies through medical drones in remote hospitals and clinics that will help in strengthening overall healthcare chain thus, proving beneficial for medical drones market growth. However, constant operational and affordability issues may hamper industry growth to certain extent.
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Medical Drones Market will exceed USD 399 Million by 2025; as per a new research report. Increasing applications of medical drone in healthcare supply chain will positively impact the industry growth in foreseeable future. There has been a significant increase in the usage of medical drones for the transport of blood, vaccines, birth controls, snake bite serum, and various medical samples across the globe. For instance, till date, Zipline a renowned American company has completed more than 16,005 lifesaving deliveries through medical drone. Moreover, demand for medical drones has increased as they enable patient to access instant medical care resulting in decreased mortality rates.
Germany medical drone market will witness around 24% growth throughout the analysis period owing to rising adoption of technologically sound products. Moreover, increasing number of emergency cases in rural parts of Germany will escalate the demand for medical drones. Above mentioned factors coupled with improving regulatory scenario for medical drones should boost country growth during the analysis period.
Emergency segment accounted for around 46% revenue share in 2018 owning to rapid technological advancements in medical drones that can efficiently deliver essential medical supplies with short shelf-life. For instance, in April 2019, Zipline an automated drone delivery company, has planned to launch world’s largest vaccine drone delivery network in Ghana that enables reach of medical facilities at remote and arid areas. Additionally, renowned company such as amazon, google have planned to launch drones that are faster, safer, efficient and helps in saving lives during emergencies. Thus, growing technological advancements in medical drones should increase its demand during emergency cases.
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Blood transport segment will experience over 24% growth during the analysis time frame. Increase in number of deaths due to severe bleeding will expedite demand for medical drones. For instance, in March 2019, Matternet partnered with UPS to facilitate blood sample deliveries at WakeMed hospital in North Carolina, U.S. This partnership helped hospitals to provide quick treatments to patients suffering from severe blood loss. Increasing mortality due to blood loss and rising acceptance to medical drone delivery will surge the segmental growth.
Prominent industry players operational in medical drone market include DHL, DJI, Embention, Flirtey, Matternett, Vayu and Zipline. Key industry players adopt strategic initiatives such as new product launches, collaborations and geographic expansion that enable them in sustaining market competition. For instance, in October 2017, Flirtey has formed a partnership to promote automated external defibrillator (AED) drone delivery service in the U.S. this strategy will help company to extend their geographical reach and capture larger market share.
Table of Contents:
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Medical drones industry 360 degree synopsis, 2016 - 2025
2.1.1. Business trends
2.1.2. Application trends
2.1.3. End-use trends
2.1.4. Country trends
Chapter 3. Medical Drones Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2016 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing application of medical drone in healthcare industry
3.3.1.2. Rising number of government initiatives
3.3.1.3. Technological advancements
3.3.1.4. Growing public acceptance
3.3.2. Industry pitfalls & challenges
3.3.2.1. Complications associated with medical drone
3.4. Growth potential analysis
3.4.1. By application
3.4.2. By end-use
3.5. Porter's analysis
3.6. Regulatory landscape
3.7. Technology landscape
3.8. Competitive landscape, 2018
3.8.1. Strategy dashboard
3.9. PESTEL analysis
Chapter 4. Medical Drones Market, By application
Chapter 5. Medical Drones Market, By End-use
Chapter 6. Medical Drones Market, By Region
Chapter 7. Medical Drones Market Company Profiles
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Related Report:
Global Medical Drones Market Growth 2019-2024
According to this study, over the next five years the Medical Drones market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Medical Drones business, shared in Chapter 3.
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