The Global Medical Drones Market Size was valued at USD xx.xx billion in 2017 and is anticipated to cross USD 88 million throughout the forecast timespan. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 26.7% during the forecast period that is 2017-2025 due to Growing usage of advanced technologies in medical and healthcare sector, increasing disposal income from emerging economies, drones cater to urgent needs of patients with the delivery of required medicines, vaccines, antivenin and blood products in local areas. The emergency medical services, blood banks are sectors will boost the demand of medical drone due to need of urgency services is projected to drive the global medical drone market in coming years. The developed as well as developing economies play significant role in future infrastructure for medical drones because of these countries are spending more money on healthcare research & development. 

Global Medical Drones Market Size, Share Analysis, By Region 2017

Medical drones are in research and development phase and require new technological improvement to deliver packages efficiently with minimal time. With the increasing penetration of logistic services and retailer services, will also have a positive impact on medical drones market. Various established companies such as Google, Inc. and Amazon.com, Inc. are also involving in the medical drones market. In 2016, medical drones began providing essential meds and blood products in Rwanda helping individuals gaining awareness to biologics that save life of individuals in emergency.

Segment Analysis

This research report segments the market for medical drones on the basis of type, application, end-user, and region along with forecast of revenue and analyzing trends in each of the regional submarkets.

By Application Analysis: Based on application the worldwide medical drones market has been categorized into Blood transfer, Drugs/Pharmaceutical Transfer, Vaccination Program. Blood transfer segment is calculated significant revenue in 2018 and is anticipated to witness around 24% growth over the analysis period. Each end-user is further described in detail in the report with value forecasts for the aforementioned period.

End-Use Analysis: On the basis of end-use sectors the global medical drones market is segmented into Emergency Medical Services, Blood Banks and Others. The In 2016 to 2018 Emergency medical services segment dominated market and is anticipated to grow around half of the market during the forecast period. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

Regional Analysis

The Europe Market is dominated the industry in 2016 to 2018 and is projected to show its continue dominance over the forecast period due to increasing research and development activities with government support, high healthcare infrastructure as well as people more spending on personal health and matured economies presence in this region. Germany play significant role in medical drones sector due to in 2018, Germany medical drones hold the largest market share its highest market as compared to other economies. Noteworthy development can be ascribed to activities embraced by leading organizations.  

In 2018, North America led the global medical drones market, in terms of revenue share it is like more than 30%. It is expected to retain its leading position throughout the forecast years owing to the advanced technologies highly used in this region for medical and healthcare sectors and government support. Drones serve as an effective alternative for transporting blood during emergency situations. The U.S. led the market in 2018 and is projected to continue the dominance over the forecast period.

Key Players Landscape

Some of the major global industry players operational in medical drones market are DHL, DJI, Embention, Flirtey, Matternet, Vayu and Zipline. These key industry players implement several strategies such as new product launches, partnerships and distributional channel expansion in new locations that will help them to sustain and capture higher market share.