Medical Courier Market is expected to witness 8.5% CAGR between 2020-2028 | Global Industry Size, Share, Growth, Key Companies Trends & Forecast

According to a new market research report published by sheer analytics and insights, “The Global Medical Courier Market was $8.5 Bn in 2019, and it is expected to reach $21.5 Bn by 2028. It is eventually growing at a commendable high compound of annual growth rate CAGR of 8.9% between 2020-2028, as per the latest market research report titled Global Medical Courier Market - Industry analysis, size, share, growth, trends, and forecast, 2020-2028.

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Medical courier is a service that ensures safely and timely transfer of medical equipment, supplies, reports, or organs and sample specimen between hospitals or between labs and hospitals. The Medical Courier Market is primarily driven by the rising need for effective delivery of samples to and from laboratory and growing pharmaceutical and biotech industry. Increasing COVID cases have impacted the medical courier market positively. In countries such as India, Brazil, and Russia, where medical facilities are not up to grade, samples are sent to established labs in metro cities. This has created a huge demand for medical couriers after the COVID pandemic.

Moreover, increasing cases of organ transplantation and its high success rate are projected to accelerate the market growth of the medical courier market in the forecast period.
However, lack of trained staff and standards and requirements for transporting medical goods are projected to restrict the market to some extent. Apart from this, rising pharmaceuticals and biotech companies across the world is anticipated to offer significant opportunity for the market growth over the forecast period from 2020 to 2028.
Geographically, The Medical Courier Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.

The primary key players in the Medical Courier Market include Americord Registry LLC, Aylesford Couriers Ltd., Blaze Express Courier Service, Busybees Logistics Solutions Pvt Ltd., China EMS, CitySprint (UK) Ltd., Desk to Desk Courier & Cargo (DTDC), DHL International GmbH, FedEx Corporation, IntelliQuick Delivery Inc., Maersk, Medical Courier Services Ltd., Medical Couriers, Inc., MedLine Express Services, Inc., Network Global Logistics, United Parcel Service of America Inc., and World Courier Management Inc.,

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The Global Medical Courier Market Has Been Segmented into:

By Type
• Lab Specimens
• Medical Supplies
• Transport Prescription Drugs
• Deliver Blood and Organs
• Transport X-Rays
• Medical Notes

By Applications Type
• Hospitals
• Diagnostic and Clinical Laboratories
• Dental Clinics
• Pharmaceuticals and Biotechnology Industries
• Blood and Tissue Banks
• Public Health Departments

By Region
• North America
o USA
o Canada
o Mexico
o Rest of North America
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Russia
o Rest of Europe
• Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia Pacific
• Latin America, Middle East & Africa
o Brazil
o South Africa
o UAE
o Rest of LAMEA
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