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The global medical drone market size was valued at USD 1.25 billion in 2023 and is projected to grow from USD 1.47 billion in 2024 to USD 4.68 billion by 2032, exhibiting a CAGR of 17.9% during the forecast period. North America dominated the medical drone market with a market share of 37.24% in 2023.
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Request SampleA medical drone is an unmanned system used for transportation and can carry a large load of healthcare-related items and essential supplies. During the COVID-19 pandemic, the market registered tremendous growth due to the high demand for medical drones to transport healthcare equipment. Nations around the world have established appropriate infrastructure and facilities to enable the contactless delivery of essential medical supplies and avoid the further spread of coronavirus.
The rise in demand for medical supplies, medicines, organs, and first aid kits to help first responders and carry out search and rescue operations is expected to drive the market during the forecast period.
Rise in Integration of Emerging Technologies such as Artificial Intelligence to Act as a Major Market Trend
Original Equipment Manufacturers (OEMs) and service providers have started using Artificial Intelligence and other emerging technologies, such as AR, VR, XR, and IoT, in the delivery of medical materials via drones. The integration of these technologies is beneficial for the service providers and OEMs since they reduce errors, enable advanced operations, and provide assistance to healthcare providers. Artificial Intelligence (AI) provides critical data analysis and an aerial view of the situation, helping responders make informed decisions. For instance,
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Rising Use of Medical Drones in First Responder Operations to Support Market Growth
There has been a notable surge in the use of drones to aid operations related to first support, search & rescue, and disaster management in recent years. Such wide applications of drones have proliferated the demand for medical drones. The unmanned system is capable of transporting essential medicines, first aid, rescue materials, vital organs, and humans to places that could be dangerous for first responders to access. Additionally, this system facilitates the delivery of life-saving supplies, such as defibrillators, emergency supplements, and other critical resources to the location of emergency or accident before the regular transport vehicles, thereby avoiding traffic. Therefore, a growth in the usage of drones in SAR, emergency medical services, and blood bank operations is expected to boost the overall medical drone market growth during the forecast period.
Growing Technological Advancements, Testing, and Certification Approvals for Drones to Drive Market Growth
The pandemic accelerated the adoption and initiation of regulations, approvals, experimentations, and test flights by governments and OEMs for medical applications. Therefore, many countries started experimenting with and testing the UAV’s efficiency. As a result, in 2021, the Federal Aviation Administration (FAA) registered around 900,000 drones, which may be deployed for varying applications. India as well, in May 2021, initiated a wider testing of drones for vaccine and medicinal deliveries to Beyond Visual Line of Sight (BVLOS) destinations.
Lack of Skilled Pilots and Appropriate Infrastructure to Limit Market Growth
Irrespective of multiple applications and attractive qualities of a drone, lack of appropriate infrastructure and skilled pilots can hinder the growth of the market. Additionally, lack of unified air traffic management operations to increase flight safety in controlled airspace for all airborne platforms causes a major hindrance. Minimizing the operational challenges and drone-related accidents faced by BVLOS flights is a major problem. Furthermore, the use of remotely operated drones for medical delivery applications has been challenged by the lack of skilled pilots for BVLOS flight operations, further restraining the market.
Rotary-Wing Segment to Dominate Market Owing to its Vertical Lift Capability
Based on type, the market is categorized into fixed wing, rotary-wing, and hybrid.
The rotary-wing segment accounted for the largest market share in 2023 and is expected to record the highest CAGR owing to its vertical lift capabilities and micro turbine equipment that increases its load carrying capacity and eases operation. The rotary wing segment is expected to experience high growth due to pertaining usability and high demand created in the market. This high demand is due to their vertical
The hybrid segment is anticipated to record a significant CAGR owing to several technological advancements and applications. Since hybrid drones can be used for long-haul and SAR applications, the market is expected to witness a steady growth during the forecast period.
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Remotely Operated Drones to Dominate Market Due to their High Adoption in Medical Applications
By technology, the market is classified into remotely operated, semi-autonomous, and fully autonomous.
The remotely operated segment is anticipated to be the largest segment owing to the high adoption rate of these systems for various medical applications. The segment is also expected to emerge as the fastest growing segment.
However, the semi-autonomous segment is expected to record a significant CAGR during the forecast period. This growth can be attributed to the rising demand for drones that can fit small spaces and be used for compact medical operations, such as disinfection.
2-5 Kg Segment Dominates Market Owing to Growing Preference for Medium Capacity Drones
Based on package size, the market is divided into less than 2 kg, 2 – 5 kg, and more than 5 kg.
The 2-5 kg segment accounted for the largest medical drone market share in 2023 and is expected to maintain the dominance by recording the highest CAGR during the forecast period. This is owing to a high demand for medium payload drones for medical equipment delivery and wide availability of 2-5Kg drones.
The less than 2 kg segment is anticipated to register a significant CAGR from 2024-2032 owing to rising experimental and operational approvals granted to the less than 2 kg category for unmanned logistics as government initiatives worldwide.
Emergency Blood Logistics to Dominate Market Owing to High Demand for Emergency Blood Samples
The market is bifurcated by application into emergency blood logistics, medical drug and vaccine logistics, emergency organ logistics, and others.
The emergency blood logistics segment accounted for the largest market share in 2023 owing to high demand for emergency blood in case of accidents and to supply blood and pathological samples. Additionally, countries in Asia Pacific and Africa have initiated blood delivery from collection centers to medical centers via drones.
The medical drug and vaccine segment is expected to display the highest CAGR during the forecast period owing to the aftermath of the pandemic, which led to a surge in the demand for on-time delivery of medicines and vaccines.
Based on region, the global market is analyzed across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
North America Medical Drone Market Size, 2024 (USD Million)
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The North America market was valued at USD 398.3 million in 2023 and is expected to dominate the global market due to the presence of top OEMs and a growing demand for medical drones. During the pandemic, the U.S. was one of the first countries to come up with technologically advanced solutions such as disinfecting spray drones for public spaces.
Asia Pacific is anticipated to register the highest CAGR during the forecast period due to growing number of OEMs in the region. The region is witnessing large quantities of drones being exported to service providers in North America and Europe. Additionally, customization and refurbishment of regular commercial drones that are converted to medical drones is expected to drive the market in the region.
Europe accounted for the second-largest market share in 2023. This is due to increased demand for drones from developed countries in the region, such as France, the U.K., Italy, and Germany. Additionally, the pandemic accelerated the technological advancements in drones to facilitate effective and on-time delivery of life-saving materials and medication.
The Middle East & Africa region is expected to gain traction in the coming years owing to the region’s budding healthcare sector. Additionally, numerous countries in the African sub-continent, such as Ghana are a major contributor to the market’s growth. In African countries, medicinal aid and various vaccines are transported via drones to reach remote areas.
Latin America is a growing market for medical drones. For instance, in March 2023, Speedbird Aero, a Brazil-based drone delivery company, unveiled its plans to expand in the U.S. market.
Key Market Players are Focused on Providing Different Services to Seal Market Position
The market is highly fragmented, with several global and regional players operating in this industry. It is observed that key market players have a vast variety of products and are focused on providing the best possible drone for faster delivery. The top players in the industry are Bell Flight – Textron, Vayu Inc., and others.
Other prominent players involved in the market include Aquiline Drones, Avy, Zipline Inc., UPS, and others. These companies are highly involved in new product launches and partnerships and acquisitions to sustain their market positions.
An Infographic Representation of Medical Drone Market
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The global market research report provides detailed information on the market and focuses on leading companies, product types, and key product applications. It also offers insights into the latest market trends and competition and highlights key industry developments. In addition to the above factors, it covers several factors that have contributed to the market’s growth in recent years.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 17.9% from 2024 to 2032 |
Unit | Value (USD Billion) |
Segmentation
| By Type
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By Technology
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By Package Size
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By Application
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By Country
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Fortune Business Insights stated that the global market size was valued at USD 1.25 billion in 2023 and is projected to reach USD 4.68 billion by 2032.
Registering a CAGR of 17.9%, the market will exhibit rapid growth during the forecast period of 2024-2032.
The rotary-wing segment will dominate this market during the forecast period.
UPS, Zipline Inc., and Textron are the leading players in the global market.
North America dominated the market in terms of share in 2023.
The U.S. dominated the market in 2023.
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