DUBLIN, June 4, 2021 / PRNewswire / – The “Medical Messaging Services Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecast, 2021-2029” report was added to ResearchAndMarkets.com offer.
The global medical courier market is growing steadily as a direct result of the upward trends in the same day delivery and express delivery segment. The expansion of healthcare transport / logistics and the growing demand for faster delivery of samples and samples for diagnostic or testing purposes are driving maximum revenue share in the market.
In addition, manufacturers are focusing on reducing logistics costs and improving the healthcare delivery model in various fields such as pharmaceutical and biotechnology industries, hospitals, medical laboratories, clinics and healthcare services. public.
The growing need for samples and equipment in the pharmaceutical and biotechnology industries will enhance the overall expansion of the medical messaging market globally. Various multinational medical messaging service providers offer 24/7 or STAT services with more security and faster response times.
On-time delivery and route optimization are vital for medical couriers, as items such as samples and other organ specimens are unusable if not delivered on time. The growing need for organ transplants is a crucial factor that complements the overall growth of the medical courier market.
However, the risk of compromising quality due to the rush to deliver the products in the shortest time and the lack of qualified personnel hinders overall growth in developing countries. In addition, the reliance on their own services by hospitals with limited external logistical support limits market growth in a few regions.
Pharmaceutical and biotechnology companies will experience significant growth
Medical courier services are showing successful growth in the pharmaceutical and biotechnology segment. Manufacturers and distributors use third-party services at reasonable rates compared to conventional in-house shipping charges. Various small-scale service providers offer specialized solutions such as same day delivery, STAT delivery, express delivery and shipment tracking. In addition, the hospital and clinic segment is expected to dominate the market during the forecast period owing to the increasing demand and adoption of medical supplies by these healthcare facilities.
Improved global logistics as well as logistics for clinical trials, cell and gene therapy, and direct-to-patient models are driving growth in the applications segment. Standard supply chain services as well as customized services for pharmaceutical storage and other industrial solutions will experience exponential growth during the forecast period.
Strong demand and presence of the best players North America in a dominant position
Now, North America (mainly US) generates revenue share in the global market due to the presence of some of the largest medical messaging service providers. Improved clinical supply model as well as commercial distribution will drive revenue growth during the forecast period.
The best service providers are observed to partner with medical laboratories, pharmacies, blood centers, home health agencies and veterinary laboratories around the world. Multinational companies ensure rapid transportation of supplies while eliminating fragmentation and redundancies with a centralized and streamlined process reducing the overall cost of shipping.
On the other hand, the growing establishment of Special Economic Zones (SEZs), Export Processing Zones (EPZs) and Free Trade Zones (FTAs) by various Asian governments has a supporting role in the lucrative growth of the country. market Asia Pacific.
Other important factors include business opportunities in the private sector and the development of cross-border e-commerce of physical goods contributes to a significant market share in the market. However, high cost, limited availability of courier services for clinical supplies, understaffing, and complexity of customs, export procedures, and documentation limit the growth of medical courier market.
Predominance of multinational service providers with a strong brand image in developed regions
Larger companies are launching faster and safer express delivery in developed countries. In addition, acquisitions, collaborations, partnerships with smaller service providers, healthcare organizations and public health companies will further drive revenue growth in the years to come.
Key questions answered in this report
- What are the current and future trends in the medical messaging market?
- What are the prevailing dynamics in the private messaging sector and the interesting opportunities for emerging players?
- How is the demand and shortage of medical mail affecting the global market?
- How is medical mail progressing in developing economies alongside import-export consumption?
- Which application segment represents the fastest CAGR during the forecast period?
- What type of application has a significant market share and why?
- What is the impact of the high cost of same day delivery and express delivery on the medical courier market?
- Which services and brands in the medical messaging industry are experiencing the greatest growth and why?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East & Africa?
Main topics covered:
Chapter 1. Preface
Chapter 2. Executive summary
Chapter 3. Global Medical Mail (CM) Market: Market Dynamics and Future Prospects
Chapter 4. Global Medical Courier (CM) Market, by Application, 2019-2029 (Million US $)
Chapter 5. Global Medical Courier (CM) Market, By Geography, 2019-2029 (USD Million)
Chapter 6. Company Profiles
- FedEx Corporation
- DHL International GmbH
- Amecord Registry LLC
- Global Logistics Network
- United Parcel Service of America Inc.
- Medical Couriers Inc.
- Medical Courrier Services Ltd.
- Aylesford Couriers Ltd.
- CitySprint (UK) Ltd
- Services Express MedLine inc.
- IntelliQuick Delivery Inc.
- Blaze Express Courier Service
For more information on this report, visit https://www.researchandmarkets.com/r/f2oeq3
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