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The Global Medical Supply Delivery Service Market is Estimated to reach $93.7 Billion by 2027, at a CAGR of 9.4%

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Medical Supply Delivery Service Market Growth, Trends and Report Highlights

According to a new report Global Medical Supply Delivery Services Market, published by KBV research, The Global Medical Supply Delivery Services Market size is expected to reach $93.7 billion by 2027, rising at a market growth of 9.4% CAGR during the forecast period.

The Courier Delivery market shows high market share in the Global Medical Supply Delivery Service Market by Mode of Service 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $76.7 billion by 2027. The growth of this segment of the market is propelled due to the presence of several national and global courier businesses in the market that provide real-time tracking and a cost-effective way to carry medical supplies to hospitals and medical laboratories.

The Pharmacies market generating high revenue in the Global Medical Supply Delivery Service Market by End Use 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $25.2 billion by 2027. The increased growth of this segment is attributed to the increasing benefits offered by these services to fulfill the growing needs of consumers by doorstep delivery of medical supplies that benefits them to avoid long pharmacy lines.

The Medical Supplies market is leading the Global Medical Supply Delivery Service Market by Application 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $32.6 billion by 2027. The rising growth of this segment is attributed to the increasing number of surgical procedures, combined with the advantages of medical device delivery services, such as faster, more cost-effective, and contactless product delivery.

The Asia Pacific market dominated the Global Medical Supply Delivery Service Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $36.5 billion by 2027. The Europe market is estimated to grow at a CAGR of 9.1% during (2021 - 2027). Additionally, The North America market would witness a CAGR of 8.9% during (2021 - 2027).

Full Report: https://www.kbvresearch.com/medical-supply-delivery-service-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ModivCare, Inc., Deutsche Post DHL Group, United Parcel Service of America, Inc., Agiliti, Inc., FedEx Corporation, Ceva Logistics (CMA CGM Group), Wings Logistics Canada, Inc., International SOS (AEA International Holdings. Pte. Ltd), Matternet, and Zipline

Global Medical Supply Delivery Service Market Segmentation

By Mode of Service

  • Courier Delivery and
  • Drone Delivery

By End Use

  • Pharmacies
  • Hospitals
  • Laboratories
  • Clinics
  • Patients, and
  • Others

By Application

  • Medical Supplies
  • Emergency Services
  • Lab Specimens & Reports
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • ModivCare, Inc.
  • Deutsche Post DHL Group
  • United Parcel Service of America, Inc.
  • Agiliti, Inc.
  • FedEx Corporation
  • Ceva Logistics (CMA CGM Group)
  • Wings Logistics Canada, Inc.
  • International SOS (AEA International Holdings. Pte. Ltd)
  • Matternet
  • Zipline

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