Medical Drones Market Size By Application (Blood transfer, Drugs/Pharmaceutical Transfer, Vaccination Program), End-Use (Emergency Medical Services, Blood Banks), Industry Analysis Report, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2027

    08-April-2020 | 220 Pages | | Report Code : RC-161

Medical Drones Market size was valued at USD 88.2 million in 2019 and is expected to witness 26.7% CAGR from 2019 to 2027.

The Medical Drones Market growth of medical drones will be enhanced due to the evolving application of drones in healthcare sector. The delivery of necessary medicines, vaccines, antivenin and blood products to urgent demand of patients in local areas are the various services attributed by drones. Healthcare professionals opt fast delivery for treatment of patients quickly as it could save their life. Additionally, it reduces the error in medication administration because medicines are delivered to bedside of a patient. In the forthcoming years, business growth will enhance owing to wide range of applicability of drones.

Over the analysis period, blood transfer segment is estimated to record around 24% growth. Transferring blood samples between healthcare facilities to expedite HIV diagnosis in infants is possible through drones. Further, within fifteen minutes drones can cover distance of three hours. Therefore, drones play a significant role in case of emergencies for transferring blood to patients. Moreover, blood is necessary during childbirth and in all major surgeries. In course of emergency and trauma cases, if blood not supplied on time then many patients die. As a consequence, enhanced demand for rapid delivery of blood will improve the acceptance of drones augmenting the segment growth.

In 2018, vaccination program segment was recorded at a value of more than USD 18 million and in upcoming years it is expected to account high growth. Distributing vaccines to remote areas in less time by the aid of medical drones has contributed in such growth. Cook’s Bay (Canada) is one such remote area which is only reachable through boat that makes it challenging to deliver necessity vaccines to kids and pregnant women. However, vaccines are made available during emergency cases and in remote areas as well by several associations like UNICEF who are funding medical drones, hence boosting segment growth.

The overall analysis of the Medical Drones Market is attributed in the report. This analysis is carried in form of detailed qualitative insights, historical data, and verifiable projections about market size. By applying proven research methodologies and assumptions, derivation of projections is stated in the report. Further, for every aspect of the market inclusive of regional markets, technology, types, and applications, the research report work as a repository of analysis and information.

DHL, DJI, Embention, Flirtey, Matternet, Vayu and Zipline are among the major industry players of Medical Drones Market.  Expanding distributional channels in untapped locations, collaborations and new product launches are various strategies adopted by industry players to record higher revenue shares and survive in the industry. In April 2019, Zipline planned augmentation in drone delivery in Ghana for delivering vaccines to remote areas is one such instance. This activity would aid company for developing its operation in Africa region.

Segmentation in Medical Drones Market
•    Application Outlook (Revenue, USD Million, 2019 - 2027)
•    Filming & Photography
•    Inspection & Maintenance
•    Mapping & Surveying
•    Precision Agriculture
•    Surveillance & Monitoring
•    Others

•    Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2027)
•    Fixed-Wing
•    Rotary Blade
•    Hybrid

•    End Use Outlook (Revenue, USD Million, 2019 - 2027)
•    Agriculture
•    Delivery & Logistics
•    Energy
•    Media & Entertainment
•    Real Estate & Construction
•    Security & Law Enforcement
•    Others

•    Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2019 - 2027)
•    North America
o    U.S.
o    Canada

•    Europe
o    Germany
o    U.K.
o    France
o    Italy

•    Asia Pacific
o    China
o    Australia
o    Japan
o    South Korea

•    Latin America
o    Brazil
o    Mexico

•    Middle East & Africa
o    UAE
o    Israel
o    South Africa

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