Asia Pacific Medical Courier Market Forecast to 2030 - Regional Analysis - By Product Type (Medical Supplies and Equipment, Blood and Organs, Lab Specimens, Medical Notes, and Others), Destination (Domestic and International), Service (Standard Service and Rush and On-Demand Services), and End Users (Hospital and Clinics, Diagnostic Labs, Blood and Tissue Banks, Pharmacy, In Home Support, Pharmaceutical and Biotechnology Companies, and Others)
The Asia Pacific medical courier market was valued at US$ 2,426.29 million in 2022 and is expected to reach US$ 3,735.17 million by 2030; it is estimated to grow at a CAGR of 5.5% from 2022 to 2030.
Adoption of Hub and Spoke Model Fuels the Asia Pacific Medical Courier Market
A hub and spoke model is a centralized warehousing and shipment system similar to a bicycle wheel's structure. The center of the wheel is the hub or a distribution center, and each spoke represents a delivery direction. The hub-and-spoke model weighs more on the positive side of the spectrum and is a cost-effective and efficient approach. The model encourages consolidation of all the inventory in one place (hub), from where it is delivered timely to different areas (spokes). The hub-and-spoke distribution model allows for planning and optimizing delivery routes around the hub linking to various destinations. The product is packed, shipped to one place, and delivered to multiple locations within the preferred time. It improves the workforce and substantially reduces the delivery time compared to the other model.
In addition, with the help of preferred logistics partners, merchants can control inventory centrally, source products from the least expensive suppliers, and deliver goods to customers from local warehouses. Shippers can take advantage of more affordable rates by aggregating their inventory at a centralized point. This less-than-truckload shipment can then be combined to fill a single truckload which can then be dispersed throughout the network. Small-and-medium-sized businesses (SMBs) can negotiate for better rates often associated with full truckload shipments using this model. Thus, all the benefits mentioned above of the hub and spoke model and various initiatives by NHS regarding the hub and spoke model are going to support the Europe medical courier market in the coming years.
Asia Pacific Medical Courier Market Overview
The Asia Pacific medical courier market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. Increasing awareness about the use of drones for the delivery of medical supplies such as vaccines and medicines in hard-to-reach or difficult terrain regions in India, Japan, and other countries is favoring the Asia Pacific medical courier market growth in this region. In India, the Indian Council of Medical Research (ICMR) conducted a training program for the effective transfer of medical supplies such as medicines, blood packages, diagnostic samples, and vaccines in January 2022. When the program was initiated by ICMR, the research groups carried out a two-phase study to evaluate if drones could perform well in India. In the Phase I study, ICMR collaborated with IIT-Kanpur, where they analyzed that drones are an effective and reliable mode of vaccine transportation for predefined objectives and paths. In Phase II, ICMR conducted a study in real-life settings by delivering medical supplies in the State of Manipur and Nagaland using these drones. After the successful completion of these two studies, ICMR started to train people involved in delivering medical supplies through drones to further associate them with the Universal Immunization Program (UIP). In April 2022, Toyota Tsusho Corporation and Zipline rolled out Japan’s first long-distance drone delivery route. Through this route, the companies would deliver medical supplies (prescription drugs) to remote Gotō Islands of Japan. Zipline has partnered with the Government of New South Wales, Australia, to facilitate an on-demand delivery of essential medical supplies to hospitals and other healthcare facilities in the state by using Zipline drones. In addition, in February 2021, Swoop Aero signed a deal with chemist chain TerryWhite Chemmart to deliver medicines within the 130 km range of Goondiwindi city. In February 2021, the Department of Health of the Northern Territory (NT) Government and Charles Darwin University entered into a partnership with iMOVE to fund a project that focuses on integrating drones into NT health. The project aimed to develop custom-made medical drones and trial them for the delivery of medicines in the Northern Territory of Australia. Hence, the increasing awareness and use of drones for the delivery of medical supplies in remote areas is fueling the growth of the Asia Pacific medical courier market.
Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Medical Courier Market Segmentation
The Asia Pacific medical courier market is segmented based on product type, destination, service, end users, and country.
Based on product type, the Asia Pacific medical courier market is segmented into medical supplies and equipment, blood and organs, lab specimens, medical notes, and others. The medical supplies and equipment segment held the largest share in 2022.
By destination, the Asia Pacific medical courier market is bifurcated into domestic and international. The domestic segment held a larger share in 2022.
By service, the Asia Pacific medical courier market is bifurcated into standard service and rush and on-demand services. The standard service and rush segment held a larger share in 2022.
In terms of end users, the Asia Pacific medical courier market is categorized into hospital and clinics, diagnostic labs, blood and tissue banks, pharmacy, in home support, pharmaceutical and biotechnology companies, and others. The hospital and clinics segment held the largest share in 2022.
Based on country, the Asia Pacific medical courier market is segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. China dominated the Asia Pacific medical courier market in 2022.
Deutsche Post AG, FedEx Corp, MNX Global Logistics Corp, United Parcel Service Inc, and Zipline International Inc are some of the leading companies operating in the Asia Pacific medical courier market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Asia Pacific Medical Courier Market, by Country (US$ Million)
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Medical Courier Market Landscape
4.1 Overview
5. Asia Pacific Medical Courier Market - Key Industry Dynamics
5.1 Market Drivers:
5.1.1 Increasing Incidence of Road Accidents
5.1.2 Rising Prevalence of Chronic Diseases
5.2 Market Restraints
5.2.1 Stringent Requirements for Temperature Control and Handling
5.3 Market Opportunities
5.3.1 Growing Strategic Initiatives
5.4 Future Trends
5.4.1 Adoption of Hub and Spoke Model
5.5 Impact analysis
6. Medical Courier Market - Asia Pacific Market Analysis
6.1 Asia Pacific Medical Courier Market Revenue (US$ Mn), 2022 - 2030
7. Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 - by Product Type
7.1 Overview
7.2 Asia Pacific Medical Courier Market Revenue Share, by Product Type, 2022 & 2030 (%)
7.3 Lab Specimens
7.3.1 Overview
7.3.2 Lab Specimens: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Medical Supplies and Equipment
7.4.1 Overview
7.4.2 Medical Supplies and Equipment: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Blood and Organs
7.5.1 Overview
7.5.2 Blood and Organs: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
7.6 Medical Notes
7.6.1 Overview
7.6.2 Medical Notes: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 - by Destination
8.1 Overview
8.2 Asia Pacific Medical Courier Market Revenue Share, by Destination, 2022 & 2030 (%)
8.3 Domestic
8.3.1 Overview
8.3.2 Domestic: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
8.4 International
8.4.1 Overview
8.4.2 International: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 - by Service
9.1 Overview
9.2 Asia Pacific Medical Courier Market Revenue Share, by Service, 2022 & 2030 (%)
9.3 Standard Services
9.3.1 Overview
9.3.2 Standard Services: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Rush and On-demand Services
9.4.1 Overview
9.4.2 Rush and On-demand Services: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 - by End User
10.1 Overview
10.2 Asia Pacific Medical Courier Market Revenue Share, by End User, 2022 & 2030 (%)
10.3 Hospitals and Clinics
10.3.1 Overview
10.3.2 Hospitals and Clinics: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Diagnostic Labs
10.4.1 Overview
10.4.2 Diagnostic Labs: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Pharmaceutical and Biotechnology Companies
10.5.1 Overview
10.5.2 Pharmaceutical and Biotechnology Companies: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.6 Blood and Tissue Banks
10.6.1 Overview
10.6.2 Blood and Tissue Banks: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.7 Pharmacies
10.7.1 Overview
10.7.2 Pharmacies: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.8 In Home Support
10.8.1 Overview
10.8.2 In Home Support: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.9 Others
10.9.1 Overview
10.9.2 Others: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
11. Asia Pacific Medical Courier Market - Country Analysis
11.1 Overview
11.1.1.1 Asia Pacific Asia Pacific Medical Courier Market, by Country
11.1.1.2 China
11.1.1.2.1 China: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.2.2 China: Asia Pacific Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.2.3 China: Asia Pacific Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.2.4 China: Asia Pacific Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.2.4.1 China: Asia Pacific Medical Courier Market, by End User, 2020-2030 (US$ Million)
11.1.1.3 India
11.1.1.3.1 India: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.3.2 India: Asia Pacific Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.3.3 India: Asia Pacific Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.3.4 India: Asia Pacific Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.3.5 India: Asia Pacific Medical Courier Market, by End User, 2020-2030 (US$ Million)
11.1.1.4 Japan
11.1.1.4.1 Japan: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.4.2 Japan: Asia Pacific Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.4.3 Japan: Asia Pacific Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.4.4 Japan: Asia Pacific Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.4.5 Japan: Asia Pacific Medical Courier Market, by End User, 2020-2030 (US$ Million)
11.1.1.5 Australia
11.1.1.5.1 Australia: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.5.2 Australia: Asia Pacific Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.5.3 Australia: Asia Pacific Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.5.4 Australia: Asia Pacific Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.5.5 Australia: Asia Pacific Medical Courier Market, by End User, 2020-2030 (US$ Million)
11.1.1.6 South Korea
11.1.1.6.1 South Korea: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.6.2 South Korea: Asia Pacific Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.6.3 South Korea: Asia Pacific Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.6.4 South Korea: Asia Pacific Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.6.5 South Korea: Asia Pacific Medical Courier Market, by End User, 2020-2030 (US$ Million)
11.1.1.7 Rest of Asia Pacific
11.1.1.7.1 Rest of Asia Pacific: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.7.2 Rest of Asia Pacific: Asia Pacific Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.7.3 Rest of Asia Pacific: Asia Pacific Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.7.4 Rest of Asia Pacific: Asia Pacific Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.7.5 Rest of Asia Pacific: Asia Pacific Medical Courier Market, by End User, 2020-2030 (US$ Million)
12. Asia Pacific Medical Courier Market-Industry Landscape
12.1 Overview
12.2 Growth Strategies in Asia Pacific Medical Courier Market
12.3 Organic Growth Strategies
12.3.1 Overview
12.4 Inorganic Growth Strategies
12.4.1 Overview
13. Company Profiles
13.1 MNX Global Logistics Corp
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Zipline International Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 United Parcel Service Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 FedEx Corp
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Deutsche Post AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About Us
14.2 Glossary of Terms
List of Tables
Table 1. Asia Pacific Medical Courier Market Segmentation
Table 2. China: Asia Pacific Medical Courier Market, by Product Type - Revenue and Forecast to 2030 (US$ Million)
Table 3. China: Asia Pacific Medical Courier Market, by Destination - Revenue and Forecast to 2030 (US$ Million)
Table 4. China: Asia Pacific Medical Courier Market, by Service - Revenue and Forecast to 2030 (US$ Million)
Table 5. China: Asia Pacific Medical Courier Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 6. India: Asia Pacific Medical Courier Market, by Product Type - Revenue and Forecast to 2030 (US$ Million)
Table 7. India: Asia Pacific Medical Courier Market, by Destination - Revenue and Forecast to 2030 (US$ Million)
Table 8. India: Asia Pacific Medical Courier Market, by Service - Revenue and Forecast to 2030 (US$ Million)
Table 9. India: Asia Pacific Medical Courier Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 10. Japan: Asia Pacific Medical Courier Market, by Product Type - Revenue and Forecast to 2030 (US$ Million)
Table 11. Japan: Asia Pacific Medical Courier Market, by Destination - Revenue and Forecast to 2030 (US$ Million)
Table 12. Japan: Asia Pacific Medical Courier Market, by Service - Revenue and Forecast to 2030 (US$ Million)
Table 13. Japan: Asia Pacific Medical Courier Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 14. Australia: Asia Pacific Medical Courier Market, by Product Type - Revenue and Forecast to 2030 (US$ Million)
Table 15. Australia: Asia Pacific Medical Courier Market, by Destination - Revenue and Forecast to 2030 (US$ Million)
Table 16. Australia: Asia Pacific Medical Courier Market, by Service - Revenue and Forecast to 2030 (US$ Million)
Table 17. Australia: Asia Pacific Medical Courier Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 18. South Korea: Asia Pacific Medical Courier Market, by Product Type - Revenue and Forecast to 2030 (US$ Million)
Table 19. South Korea: Asia Pacific Medical Courier Market, by Destination - Revenue and Forecast to 2030 (US$ Million)
Table 20. South Korea: Asia Pacific Medical Courier Market, by Service - Revenue and Forecast to 2030 (US$ Million)
Table 21. South Korea: Asia Pacific Medical Courier Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 22. Rest of Asia Pacific: Asia Pacific Medical Courier Market, by Product Type - Revenue and Forecast to 2030 (US$ Million)
Table 23. Rest of Asia Pacific: Asia Pacific Medical Courier Market, by Destination - Revenue and Forecast to 2030 (US$ Million)
Table 24. Rest of Asia Pacific: Asia Pacific Medical Courier Market, by Service - Revenue and Forecast to 2030 (US$ Million)
Table 25. Rest of Asia Pacific: Asia Pacific Medical Courier Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 26. Recent Organic Growth Strategies in Asia Pacific Medical Courier Market
Table 27. Recent Inorganic Growth Strategies in the Asia Pacific Medical Courier Market
Table 28. Glossary of Terms, Asia Pacific Medical Courier Market
List of Figures
Figure 1. Asia Pacific Medical Courier Market Segmentation, By Country
Figure 2. Asia Pacific Medical Courier Market - Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Asia Pacific Medical Courier Market Revenue (US$ Mn), 2022 - 2030
Figure 5. Asia Pacific Medical Courier Market Revenue Share, by Product Type, 2022 & 2030 (%)
Figure 6. Lab Specimens: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 7. Medical Supplies and Equipment: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Blood and Organs: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Medical Notes: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Others: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Asia Pacific Medical Courier Market Revenue Share, by Destination, 2022 & 2030 (%)
Figure 12. Domestic: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. International: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Asia Pacific Medical Courier Market Revenue Share, by Service, 2022 & 2030 (%)
Figure 15. Standard Services: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Rush and On-demand Services: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Asia Pacific Medical Courier Market Revenue Share, by End User, 2022 & 2030 (%)
Figure 18. Hospitals and Clinics: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Diagnostic Labs: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Pharmaceutical and Biotechnology Companies: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Blood and Tissue Banks: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Pharmacies: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. In Home Support: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Others: Asia Pacific Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. Asia Pacific Medical Courier Market, by Key Country - Revenue, 2022 (US$ Million)
Figure 26. Asia Pacific Asia Pacific Medical Courier Market, By Key Countries, 2022 and 2030 (%)
Figure 27. China: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 28. India: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 29. Japan: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 30. Australia: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 31. South Korea: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 32. Rest of Asia Pacific: Asia Pacific Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 33. Growth Strategies in Asia Pacific Medical Courier Market
NOTES:
The list of companies included in the scope are as per standard report format and the list can be modified/expanded as per clients requirement
The sequence/list of companies do not represent their current position in the market.
The list of countries provided in the report are part of standard report and can be customized as per clients requirement
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- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific medical courier market.
- Highlights key in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific medical courier market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the medical courier market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.