North America Medical Courier Market Forecast to 2031 - 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)
According to our latest study on " North America Medical Courier Market Forecast to 2031 – Regional Analysis – by Product Type, Destination, Service, and End User" the market was valued at US$ 2,385.75 million in 2023 and is expected to reach US$ 3,646.38 billion by 2031. It is estimated to register a CAGR of 5.4% from 2023 to 2031.
Rising demand for healthcare services is driving the medical courier market. As consumers realize the value of diagnostic testing, regular checkups, and timely medicines, the demand for effective delivery of medical supplies has increased. Medical courier services are necessary for medical samples, drugs, and equipment to be delivered safely and quickly to their intended locations. Moreover, nowadays, many people prefer to buy medicines, healthcare items, and supplies online. Medical couriers are essential in getting these supplies to consumers' doorsteps on time.
According to the American Red Cross, someone in the US needs blood every two seconds. It is essential for surgeries, cancer treatment, chronic illnesses, and traumatic injuries. Approximately 16 million blood components are transfused annually in the US. Moreover, according to the American Cancer Society, more than 1.9 million people were diagnosed with cancer in 2023. Many needed blood, sometimes daily, during their chemotherapy treatment, and the medical courier plays an important role here. An increase in the number is likely to drive market expansion.
In addition, road traffic has increased significantly in the US, leading to a surge in road accidents and fatalities, further driving the demand for hospital supplies. According to the Bureau of Labor Statistics, a car accident occurs every 13 minutes in the US. In 2020, 35,766 fatal car accidents occurred on roadways across the US. Another 1,593,390 crashes resulted in injuries. Road accidents surge the need for emergency services, which encourages the demand for medical courier services. In addition, the rising need for organ transplants is one of the significant aspect supporting to the growth of the medical courier market.
Thus, with rising road accidents and an increasing number of surgical procedures, the demand for blood transfusion and surgical hubs is also surging, combined with medical courier services for delivering medical supplies to healthcare institutions on time, propelling the medical courier market.
By Product Type, Medical Courier Market-Based Insights
The medical courier market, by product type, is segmented into product type, is segment into lab specimens, medical supplies and equipment, blood and organs, medical notes, and others. The medical supplies and equipment segment held the largest share of the market in 2022. The lab specimens segment is anticipated to register the highest CAGR in the market during the forecast period. Products, including consumables, accessories, and many more, are essential medical supplies that a healthcare facility center requires repeatedly. These medical supplies need refilling the stock at a healthcare facility center every few days. Therefore, the need for courier services is greater in the country.
National Health Services, the Canadian Institute of Health Information, and the National Institutes of Health are a few of the major secondary sources referred to while preparing the report on the 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 North America Medical Courier Market, by Country (US$ Million)
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Medical Courier Market Landscape
4.1 Overview
5. North America 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 - North America Market Analysis
6.1 North America Medical Courier Market Revenue (US$ Mn), 2023 - 2031
7. North America Medical Courier Market - Revenue and Forecast to 2031 - by Product Type
7.1 Overview
7.2 North America Medical Courier Market Revenue Share, by Product Type, 2023 & 2031 (%)
7.3 Lab Specimens
7.3.1 Overview
7.3.2 Lab Specimens: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Medical Supplies and Equipment
7.4.1 Overview
7.4.2 Medical Supplies and Equipment: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
7.5 Blood and Organs
7.5.1 Overview
7.5.2 Blood and Organs: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
7.6 Medical Notes
7.6.1 Overview
7.6.2 Medical Notes: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
8. North America Medical Courier Market - Revenue and Forecast to 2031 - by Destination
8.1 Overview
8.2 North America Medical Courier Market Revenue Share, by Destination, 2023 & 2031 (%)
8.3 Domestic
8.3.1 Overview
8.3.2 Domestic: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
8.4 International
8.4.1 Overview
8.4.2 International: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
9. North America Medical Courier Market - Revenue and Forecast to 2031 - by Service
9.1 Overview
9.2 North America Medical Courier Market Revenue Share, by Service, 2023 & 2031 (%)
9.3 Standard Services
9.3.1 Overview
9.3.2 Standard Services: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Rush and On-demand Services
9.4.1 Overview
9.4.2 Rush and On-demand Services: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
10. North America Medical Courier Market - Revenue and Forecast to 2031 - by End User
10.1 Overview
10.2 North America Medical Courier Market Revenue Share, by End User, 2023 & 2031 (%)
10.3 Hospitals and Clinics
10.3.1 Overview
10.3.2 Hospitals and Clinics: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Diagnostic Labs
10.4.1 Overview
10.4.2 Diagnostic Labs: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
10.5 Pharmaceutical and Biotechnology Companies
10.5.1 Overview
10.5.2 Pharmaceutical and Biotechnology Companies: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
10.6 Blood and Tissue Banks
10.6.1 Overview
10.6.2 Blood and Tissue Banks: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
10.7 Pharmacies
10.7.1 Overview
10.7.2 Pharmacies: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
10.8 In Home Support
10.8.1 Overview
10.8.2 In Home Support: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
10.9 Others
10.9.1 Overview
10.9.2 Others: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
11. North America Medical Courier Market - Country Analysis
11.1 Overview
11.1.1.1 North America Medical Courier Market, by Country
11.1.1.2 US
11.1.1.2.1 US: North America Medical Courier Market Revenue and Forecast to 2031 (US$ Mn)
11.1.1.2.2 US: North America Medical Courier Market, by Product Type, 2021-2031 (US$ Million)
11.1.1.2.3 US: North America Medical Courier Market, by Destination, 2021-2031 (US$ Million)
11.1.1.2.4 US: North America Medical Courier Market, by Service, 2021-2031 (US$ Million)
11.1.1.2.5 US: North America Medical Courier Market, by End User, 2021-2031 (US$ Million)
11.1.1.3 Canada
11.1.1.3.1 Canada: North America Medical Courier Market Revenue and Forecast to 2031 (US$ Mn)
11.1.1.3.2 Canada: North America Medical Courier Market, by Product Type, 2021-2031 (US$ Million)
11.1.1.3.3 Canada: North America Medical Courier Market, by Destination, 2021-2031 (US$ Million)
11.1.1.3.4 Canada: North America Medical Courier Market, by Service, 2021-2031 (US$ Million)
11.1.1.3.5 Canada: North America Medical Courier Market, by End User, 2021-2031 (US$ Million)
11.1.1.4 Mexico
11.1.1.4.1 Mexico: North America Medical Courier Market Revenue and Forecast to 2031 (US$ Mn)
11.1.1.4.2 Mexico: North America Medical Courier Market, by Product Type, 2021-2031 (US$ Million)
11.1.1.4.3 Mexico: North America Medical Courier Market, by Destination, 2021-2031 (US$ Million)
11.1.1.4.4 Mexico: North America Medical Courier Market, by Service, 2021-2031 (US$ Million)
11.1.1.4.5 Mexico: North America Medical Courier Market, by End User, 2021-2031 (US$ Million)
12. North America Medical Courier Market-Industry Landscape
12.1 Overview
12.2 Growth Strategies in North America 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. North America Medical Courier Market Segmentation
Table 2. US: North America Medical Courier Market, by Product Type - Revenue and Forecast to 2031 (US$ Million)
Table 3. US North America Medical Courier Market, by Destination - Revenue and Forecast to 2031 (US$ Million)
Table 4. US: North America Medical Courier Market, by Service - Revenue and Forecast to 2031 (US$ Million)
Table 5. US: North America Medical Courier Market, by End User - Revenue and Forecast to 2031 (US$ Million)
Table 6. Canada: North America Medical Courier Market, by Product Type - Revenue and Forecast to 2031 (US$ Million)
Table 7. Canada: North America Medical Courier Market, by Destination - Revenue and Forecast to 2031 (US$ Million)
Table 8. Canada: North America Medical Courier Market, by Service - Revenue and Forecast to 2031 (US$ Million)
Table 9. Canada: North America Medical Courier Market, by End User - Revenue and Forecast to 2031 (US$ Million)
Table 10. Mexico: North America Medical Courier Market, by Product Type - Revenue and Forecast to 2031 (US$ Million)
Table 11. Mexico: North America Medical Courier Market, by Destination - Revenue and Forecast to 2031 (US$ Million)
Table 12. Mexico: North America Medical Courier Market, by Service - Revenue and Forecast to 2031 (US$ Million)
Table 13. Mexico: North America Medical Courier Market, by End User - Revenue and Forecast to 2031 (US$ Million)
Table 14. Recent Organic Growth Strategies in North America Medical Courier Market
Table 15. Recent Inorganic Growth Strategies in the North America Medical Courier Market
Table 16. Glossary of Terms, North America Medical Courier Market
LIST OF FIGURES
Figure 1. North America Medical Courier Market Segmentation, By Country
Figure 2. North America Medical Courier Market - Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America Medical Courier Market Revenue (US$ Mn), 2023 - 2031
Figure 5. North America Medical Courier Market Revenue Share, by Product Type, 2023 & 2031 (%)
Figure 6. Lab Specimens: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 7. Medical Supplies and Equipment: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Blood and Organs: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 9. Medical Notes: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 10. Others: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 11. North America Medical Courier Market Revenue Share, by Destination, 2023 & 2031 (%)
Figure 12. Domestic: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 13. International: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 14. North America Medical Courier Market Revenue Share, by Service, 2023 & 2031 (%)
Figure 15. Standard Services: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 16. Rush and On-demand Services: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 17. North America Medical Courier Market Revenue Share, by End User, 2023 & 2031 (%)
Figure 18. Hospitals and Clinics: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 19. Diagnostic Labs: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 20. Pharmaceutical and Biotechnology Companies: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 21. Blood and Tissue Banks: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 22. Pharmacies: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 23. In Home Support: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 24. Others: North America Medical Courier Market - Revenue and Forecast to 2031 (US$ Million)
Figure 25. North America: Courier Market, by Key Country - Revenue (2023) (US$ Million)
Figure 26. North America Medical Courier Market, By Key Countries, 2023 and 2031 (%)
Figure 27. US: North America Medical Courier Market Revenue and Forecast to 2031 (US$ Mn)
Figure 28. Canada: North America Medical Courier Market Revenue and Forecast to 2031 (US$ Mn)
Figure 29. Mexico: North America Medical Courier Market Revenue and Forecast to 2031 (US$ Mn)
Figure 30. Growth Strategies in North America Medical Courier Market
1. Deutsche Post AG
2. FedEx Corp
3. MNX Global Logistics Corp
4. United Parcel Service Inc
5. Zipline International Inc
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