Middle East & Africa Medical Courier Market
Several giants operating in the industry are taking strategic initiatives to expand their foothold and support their end users in faster delivery of medical supplies, offer value-based care, and maintain a competitive edge. For instance, in 2023, Eli Lilly & Company committed US$ 1.15 million to a new cold chain capacity initiative aimed at enhancing drug availability in low- and middle-income nations. Eli Lilly and Company has announced that it will contribute $1.15 million to a new cold chain capacity program, with the aim of facilitating greater access to medications in low- and middle-income countries (LICs). With this funding, 25 Life for a Child partner facilities in Africa, Latin America, the Caribbean, and Southeast Asia will be able to install an estimated 150 medical-grade refrigeration units. Furthermore, Investcorp bought a 215,000-square-foot temperature-controlled warehouse in Dammam, Saudi Arabia, marking its first real estate purchase in the country. Such strategic initiatives are expected to offer prosperous growth opportunities to the players operating in the medical courier market in the region.
The Middle East & Africa medical courier market is segmented into the UAE, Saudi Arabia, South Africa, and Rest of the Middle East & Africa. Governments of African countries are entering into partnerships with medical courier companies to introduce the use of drones for delivering medical supplies in the country. For instance, in June 2022, the Kaduna State Government entered into a partnership with Zipline to deliver medical supplies in Nigeria. With this partnership, Nigeria has become 5th country globally and 3rd country in Africa to introduce drone services for medical deliveries. In June 2022, Swoop Aero partnered with Astral Aviation and Skyports to launch a drone logistics network for the delivery of medical supplies in Kenya. In December 2022, the Government of Rwanda partnered with Zipline to deliver blood and medical supplies to 12 regional hospitals in remote locations. As per the State of the Nation address by the President of Ghana, Ghana has the world’s largest Zipline drone delivery network with 6 centers for medical supplies.
According to an article published by Emirates News Agency, the Ministry of Health and Prevention (MoHAP), the Department of Health-Abu Dhabi (DoH), and the Dubai Health Authority (DHA), the number of organ donations in Ghana increased by ~40% in 2022 compared to 2021. Data published by the NIH states that ~1,350 people are living organ donors and ~120 deceased dead organ donors were registered in the Kingdom of Saudi Arabia. Thus, the increasing awareness about organ donation in Middle Eastern countries is fueling the growth of the Middle East & Africa medical courier market.
The Middle East & Africa medical courier market is segmented based on product type, destination, service, end users, and country.
Based on product type, the Middle East & Africa 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 Middle East & Africa medical courier market is bifurcated into domestic and international. The domestic segment held a larger share in 2022.
By service, the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa medical courier market is segmented into Saudi Arabia, South Africa, the UAE, Kenya, Ghana, Tanzania, and the Rest of Middle East and Africa. Saudi Arabia dominated the Middle East & Africa medical courier market in 2022.
Deutsche Post AG, FedEx Corp, United Parcel Service Inc, and Zipline International Inc are some of the leading companies operating in the Middle East & Africa medical courier market.
Strategic insights for the Middle East & Africa Medical Courier provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 140.24 Million |
| Market Size by 2030 | US$ 178.84 Million |
| Global CAGR (2022 - 2030) | 3.1% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Medical Courier refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. Deutsche Post AG
2. FedEx Corp
3. United Parcel Service Inc
4. Zipline International Inc
The Middle East & Africa Medical Courier Market is valued at US$ 140.24 Million in 2022, it is projected to reach US$ 178.84 Million by 2030.
As per our report Middle East & Africa Medical Courier Market, the market size is valued at US$ 140.24 Million in 2022, projecting it to reach US$ 178.84 Million by 2030. This translates to a CAGR of approximately 3.1% during the forecast period.
The Middle East & Africa Medical Courier Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Medical Courier Market report:
The Middle East & Africa Medical Courier Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Medical Courier Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Medical Courier Market value chain can benefit from the information contained in a comprehensive market report.
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