The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Overview

The medical supply delivery service market has seen significant expansion recently. In 2023, the market size was $63.76 billion, and it is projected to grow to $71.1 billion in 2024, representing a compound annual growth rate (CAGR) of 11.5%. Key drivers for this growth include:

• E-commerce Influence: Increased online shopping habits have influenced medical supply logistics.
• Technological Advancements: Innovations in delivery technology and regulatory compliance.
• Increased Healthcare Demand: Rising need for healthcare services globally.
• Globalization of Supply Chains: Expanding international supply chains have necessitated efficient delivery services.
• 2023 Market Size: $63.76 billion
• 2024 Market Size: $71.1 billion
• CAGR (2023-2024): 11.5%

Future Growth Projections

The market is expected to continue its rapid growth, reaching $110.49 billion by 2028 at a CAGR of 11.7%. This future expansion can be attributed to several evolving factors:

• Evolving Healthcare Models: New approaches in healthcare delivery.
• Telemedicine Rise: Increased reliance on telehealth services.
• Sustainability Focus: Emphasis on eco-friendly delivery options.
• AI and Automation Integration: Advanced technologies improving efficiency.
• Pandemic Preparedness: Better readiness for future health crises.
• 2028 Market Size: $110.49 billion
• CAGR (2024-2028): 11.7%

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Telehealth’s Impact on the Market

The rising demand for telehealth services is a significant driver of growth in the medical supply delivery service market. Telehealth utilizes electronic information and telecommunication technologies to provide long-distance healthcare, offering:

• Convenience and Accessibility: Easy access to healthcare from home.
• Technological Advancements: Enhanced by the COVID-19 pandemic.
• Support for Chronic Disease Management: Efficient management of ongoing health issues.

For instance, a 2023 survey by Rock Health showed that 76% of people over 55 have used telemedicine, and 80% of all respondents have accessed care via telemedicine, up from 72% in 2021. This increased demand for telehealth boosts the need for medical supply delivery services.

Major Companies in the Market

Several key players dominate the medical supply delivery service market, including:

• CVS Health Corporation
• Cardinal Health Inc.
• United Parcel Service of America Inc.
• DHL Group
• FedEx Corporation
• Amazon Pharmacy

These companies are expanding their services and forming strategic partnerships to meet the growing demand for medical supplies.

Expansion of Same-Day Delivery Services

Same-day medicine delivery services are becoming increasingly popular. Companies are expanding their delivery networks to provide fast, convenient access to medical supplies and medications.

• Amazon Pharmacy: Launched same-day prescription delivery in New York City and Los Angeles in March 2024, with plans to expand to over a dozen US cities by year-end.

This service offers:

• Rapid Access to Medications: Leveraging small-format facilities stocked with common drugs.
• Streamlined Prescription Processing: Swift delivery for urgent-care requirements.

Marken’s Acquisition of Cedra Express

In August 2022, Marken, a logistics services provider, acquired Cedra Express’s medical courier business. This acquisition enhances Marken’s presence in New Zealand and expands services for clinical trial clients, including patient-centric solutions.

Market Segmentation

The medical supply delivery service market is segmented as follows:

1. By Mode of Service:
   • Courier Delivery
   • Drone Delivery
2. By Application:
   • Medical Supplies
   • Drug Supplies
   • Emergency Services
   • Lab Specimens and Reports
3. By End-User:
   • Hospitals
   • Clinics
   • Laboratories
   • Pharmacies
   • Patients
   • Other End-Users

Regional Insights

• Asia-Pacific: Largest region in the market in 2023.
• Europe: Expected to be the fastest-growing region during the forecast period.

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The Medical Supply Delivery Service Global Market Report 2024  provides an overview of the medical supply delivery service market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The medical supply delivery service market forecast analyzes medical supply delivery service market size, medical supply delivery service market share, leading competitor and their market positions.

The Table Of Content For The Medical Supply Delivery Service Market Include:
1. Medical Supply Delivery Service Market Executive Summary
2. Medical Supply Delivery Service Market Segments
3. Medical Supply Delivery Service Market Size And Medical Supply Delivery Service Market Growth Rate
4. Key Medical Supply Delivery Service Market Trends
5. Major Medical Supply Delivery Service Market Drivers
……
25. Key Mergers And Acquisitions In The Medical Supply Delivery Service Market
26. Top Medical Supply Delivery Service Companies
27. Medical Supply Delivery Service Market Opportunities And Strategies
28. Medical Supply Delivery Service Market, Conclusions And Recommendations
29. Appendix

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