UK Medical Courier Market Forecast to 2028 - COVID-19 Impact and Country Analysis - by Product Type (Lab Specimens, Medical Supplies and Equipment, Blood and Organs, Medical Notes, and Others); Destination (Domestic and International); Service (Standard Services and Rush and On-demand Services), and End User (Hospitals and Clinics, Diagnostics Labs, Pharmaceutical and Biotechnology Companies, Blood and Tissue Banks, Pharmacies, In Home Support, and Others)
The medical courier market size is expected to reach US$ 505.27 million in 2028 from US$ 373.92 million in 2022; it is estimated to record a CAGR of 5.2% from 2023 to 2028.
Rising Prevalence of Chronic Diseases
According to an article by BMC Public Health, the most typical conditions across the UK were chronic kidney disease (7.2%), diabetes mellitus (7.1%), asthma (6.5%), and chronic heart disease (4.5%). The prevalence of each condition varied nationally. Multimorbidity was common, ranging from 6.2% in England to 7.9% in Northern Ireland: 7.1% across the UK. Also, as per the July 2021 report of the British Heart Foundation, about 7.6 million people in the UK were suffering from cardiovascular diseases, of which 4 million were males and 3.6 million were females. Also, the rising diabetic population of the country will have a positive impact on the market. As per the report of Diabetes UK, published in February 2020, about 3.9 million people in the UK were diagnosed with diabetes in 2019, with 3.3 million people in England, of these, 90% had type 2 diabetes. According to the stats by the Royal College of Pathologists Registered Charity in England and Wales, it is estimated that 5 million people in the UK will have diabetes by 2025.
Thus, the increasing cases of diabetes and other chronic diseases in the UK is simultaneously propelling the demand for insulin and other medical supplies and positively influencing the UK medical courier market growth.
Market Opportunity
Growing Strategic Initiatives
Several giants operating in the industry are taking strategic initiatives such as mergers and acquisitions, partnerships and collaborations, as well as unveiling new products to expand their foothold, support the end users in faster delivery of medical supplies, offer value-based care, and maintain a competitive edge in the market.
For instance, a consortium led by AGS Airports launched its next phase—Care and Equity – Healthcare Logistics UAS Scotland (CAELUS)—in partnership with NHS Scotland in September 2022. It secured US$ 12.56 million in funding from the Future Flight Challenge at UK Research and Innovation in August 2022. CAELUS brings together 16 partners, including Atkins, the University of Strathclyde, NATS, and NHS Scotland. Together they are work to deliver essential medicines, blood, and other medical supplies throughout Scotland, including remote communities, through the first national drone network to transport. By securing US$ 1.86 million in January 2020, the CAELUS consortium designed drone landing stations for NHS sites across Scotland and developed a virtual model (digital twin) of the proposed delivery network, which connects hospitals, pathology laboratories, distribution centers, and GP surgeries across Scotland. NHS Scotland has said it will bring its "Once for Scotland" approach to the project. Further, the second phase will involve live flight trials and remove remaining barriers to safely use drones at scale within Scotland's airspace.
The UK medical courier market, based on product type, is segmented into lab specimens, medical supplies and equipment, blood and organs, medical notes, and others. The UK medical courier market, in terms of destination, is fragmented into domestic and international. On the basis of service type, is bifurcated into standard services and rush and on-demand services. The UK medical courier market, based on end user, is segmented into hospitals and clinics, diagnostic labs, pharmaceutical and biotechnology companies, blood and tissue banks, in-home support, and others.
Key players in the medical courier market secure growth through various strategies. In October 2022, Med Logistics Group Ltd partnered with Skyfarer and University Hospitals Coventry and Warwickshire (UHCW) NHS Trust to conduct a trial for Beyond Visual Line of Sight (BVLOS) drone in the UK. The drone is first-of-its-kind, and the trial was completed under secure CAA-approved airspace called "The Medical Logistics UK Corridor".
The National Health Service, National Health Services Blood and Transplant, Essex Partnership University NHS Foundation Trust, British Medical Association, and Department of Health and Social Care are a few key primary and secondary sources referred to while preparing the report on the medical courier market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Medical Courier Market – By Product Type
1.3.2 Medical Courier Market – By Destination
1.3.3 Medical Courier Market – By Service Type
1.3.4 Medical Courier Market – By End User
2. Medical Courier Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Medical Courier Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinion
4.4 Increased requirements for Home Healthcare
4.5 Decentralized Vs. Centralized Medical Logistics
4.6 Insourcing Vs. Outsourcing Medical Logistics
4.7 NHS Vs. Private Sector: Demand and Growth
4.8 UK Medical Courier Market, by Type, 2022 & 2028 (%)
5. UK Medical Courier Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Incidence of Road Accidents and Growing Number of Surgeries
5.1.2 Rising Prevalence of Chronic Diseases
5.2 Market Restraints
5.2.1 Delay in Deliveries due to Shortage of Skilled Truck Drivers
5.3 Market Opportunities
5.3.1 Growing Strategic Initiatives
5.4 Future Trends
5.4.1 NHS Transition to Hub and Spoke Model
5.5 Impact Analysis of Drivers and Restraints
6. Medical Courier Market – UK Analysis
6.1 UK Medical Courier Market Revenue Forecast and Analysis
6.1.1 Overview
6.2 Market Positioning of Key Players
7. UK Medical Courier Market Revenue and Forecasts To 2028– by Product Type
7.1 Overview
7.2 UK Medical Courier Market, By Product Type, 2022 & 2028 (%)
7.3 UK: Medical Courier Market, by Product Type, 2020–2028 (US$ Million)
7.4 Lab Specimens
7.4.1 Overview
7.4.2 Lab Specimens: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Medical Supplies and Equipment
7.5.1 Overview
7.5.2 Medical Supplies and Equipment: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
7.6 Blood and Organs
7.6.1 Overview
7.6.2 Blood and Organs: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
7.7 Medical Notes
7.7.1 Overview
7.7.2 Medical Notes: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
8. UK Medical Courier Market Revenue and Forecasts To 2028– by Destination
8.1 Overview
8.2 UK Medical Courier Market Revenue Share by Destination (2022 and 2028)
8.3 UK: Medical Courier Market, by Destination, 2020–2028 (US$ Million)
8.4 Domestic
8.4.1 Overview
8.4.2 Domestic: UK Medical Courier Market– Revenue and Forecast to 2028 (US$ Million)
8.5 International
8.5.1 Overview
8.5.2 International: UK Medical Courier Market – Revenue and Forecast to 2028 (US$ Million)
9. UK Medical Courier Market Revenue and Forecasts To 2028– by Service
9.1 Overview
9.2 UK Medical Courier Market Revenue Share by Service (2022 and 2028)
9.3 UK: Medical Courier Market, by Service, 2020–2028 (US$ Million)
9.4 Standard Services
9.4.1 Overview
9.4.2 Standard Services: UK Medical Courier Market– Revenue and Forecast to 2028 (US$ Million)
9.5 Rush and On-demand Services
9.5.1 Overview
9.5.2 Rush and On-demand Services: UK Medical Courier Market – Revenue and Forecast to 2028 (US$ Million)
10. UK Medical Courier Market Revenue and Forecasts To 2028– by End User
10.1 Overview
10.2 UK Medical Courier Market, By End User, 2022 & 2028 (%)
10.3 UK: Medical Courier Market, by End User, 2020–2028 (US$ Million)
10.4 Hospitals and Clinics
10.4.1 Overview
10.4.2 Hospitals and Clinics: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
10.5 Diagnostic Labs
10.5.1 Overview
10.5.2 Diagnostic Labs: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
10.6 Pharmaceutical and Biotechnology Companies
10.6.1 Overview
10.6.2 Pharmaceutical and Biotechnology Companies: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
10.7 Blood and Tissue Banks
10.7.1 Overview
10.7.2 Blood and Tissue Banks: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
10.8 Pharmacies
10.8.1 Overview
10.8.2 Pharmacies: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
10.9 In Home Support
10.9.1 Overview
10.9.2 In Home Support: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
10.10 Others
10.10.1 Overview
10.10.2 Others: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
11. Impact of COVID-19 Pandemic on UK Medical Courier Market
11.1 UK: Impact Assessment of COVID-19 Pandemic
12. Medical Courier Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies in UK 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 ERS Transition Ltd
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 Med Logistics Group Ltd
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 CitySprint (UK) Ltd
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 United Parcel Service Inc
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 FedEx Corp
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
13.6 Deutsche Post AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Global Service Group Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Don't Deliver Late Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 eCourier
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Topspeed Couriers Ltd
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Private Medical Insurance In-Patient/Day-Case Admissions
Table 2. Self-Pay In-Patient Admissions
Table 3. UK Medical Courier Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. UK Medical Courier Market, by Destination – Revenue and Forecast to 2028 (US$ Million)
Table 5. UK Medical Courier Market, by Service – Revenue and Forecast to 2028 (US$ Million)
Table 6. UK Medical Courier Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. Recent Organic Growth Strategies in UK Medical Courier Market
Table 8. Recent Inorganic Growth Strategies in the UK Medical Courier Market
Table 9. Glossary of Terms, UK Medical Courier Market
LIST OF FIGURES
Figure 1. Medical Courier Market Segmentation
Figure 2. UK Medical Courier Market Overview
Figure 3. Medical Supplies and Equipment Segment Held Largest Share by Product Type in the Medical Courier Market
Figure 4. UK Medical Courier Market– Industry Landscape
Figure 5. PEST Analysis
Figure 6. UK Medical Courier Market, by Type, 2022 & 2028 (%)
Figure 7. Medical Courier Market Impact Analysis of Drivers and Restraints
Figure 8. UK Medical Courier Market – Revenue Forecast and Analysis – 2020-2028
Figure 9. Market Positioning of Key Players
Figure 10. UK Medical Courier Market, by Product Type, 2022 & 2028 (%)
Figure 11. Lab Specimens: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. Medical Supplies and Equipment: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Blood and Organs: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. Medical Notes: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 15. Others: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. UK Medical Courier Market Revenue Share by Destination (2022 and 2028)
Figure 17. Domestic: UK Medical Courier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. International: UK Medical Courier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. UK Medical Courier Market Revenue Share by Service (2022 and 2028)
Figure 20. Standard Services: UK Medical Courier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Rush and On-demand Services: UK Medical Courier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. UK Medical Courier Market, by End User, 2022 & 2028 (%)
Figure 23. Hospitals and Clinics: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. Diagnostic Labs: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 25. Pharmaceutical and Biotechnology Companies: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 26. Blood and Tissue Banks: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 27. Pharmacies: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 28. In Home Support: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 29. Others: UK Medical Courier Market Revenue and Forecasts to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic on Medical Courier Market in the UK
Figure 31. Growth Strategies in UK Medical Courier Market
- ERS Transition Ltd
- Send Direct Ltd
- Med Logistics Group Ltd
- CitySprint (UK) Ltd
- United Parcel Service Inc
- FedEx Corp
- Aylesford Couriers Ltd
- Reliant Couriers & Haulage Ltd
- Coulson Ventures Ltd
- Deutsche Post AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the UK medical courier market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the UK 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 market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.