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Medical Drones Market Future Challenges and Industry Growth Outlook by 2020-2025

Author : Ronak Bora | Published Date : 2020-09-14 

Medical Drones Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The medical drones market will witness a favorable growth due to consistency in healthcare applications and support through government initiatives for the movement of drones in developing regions. For instance, Ghana Health Service reveals that in 2018, the government entered an agreement with a U.S. firm to implement transport of medical supplies in remote hospitals and clinics with the assistance of medical drones to promote the healthcare chain value.

Continual operational and affordability issues may obstruct the industry outlook to some extent. A research report reveals that global medical drones market size is projected to cross an annual valuation of USD 399 million by 2025.

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The blood transport segment for medical drones will register a CAGR up to 24% in the coming years, owing to a spike in the mortality caused by different illnesses and expanding strategic mergers. In March 2019, Matternet had collaborated with UPS to deliver blood samples to WakeMed hospital in North Carolina, U.S.

This partnership benefited hospitals to attend to patients suffering from severe blood loss. An increasing number of deaths due to blood loss with surging dependency on medical drone delivery will further drive the industry trends for blood transport.

The emergency application of medical drones was valued at 46% of the market share in terms of revenues in 2018. This growth can be attributed to quick technological enhancements to assist in essential medical supply deliveries with a short shelf-life during emergency scenarios.

Germany medical drones industry share, due to the constant adoption of technologically powered products, is could register a CAGR of over 24% through 2025. Consistently rising emergency cases in rural Germany along with improved regulatory practices for medical drones will foster the market outlook on a regional level.

In June 2020, Quantum-Systems, a leading drone manufacturer launched the Trinity F90+, a medical delivery drone in Munich, Germany to test transporting vials of blood. The drone showed a capacity of carrying 20 sample tubes per flight and was estimated to complete the delivery under seven minutes.

The ongoing, active global coronavirus crisis can bring to light some advantages concerning medical drones. A recent news article states that a Mexican based company, Sincronia Logistica, has introduced a drone delivery service to cater to the need for clean medical supplies at public hospitals located in Queretaro. The supplies can be identified as personal protective gear and other essential equipment.

Medical drones can be used for the transport of blood, birth controls, snakebite serum, vaccines, and various other critical medical samples. To state an instance, a well-known American automated drone supplying company, Zipline, as of July 2020 had successfully processed over 16,005 lifesaving deliveries utilizing medical drones. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/medical-drones-market

Partial Chapter of the Table of Content 

Chapter 4.    Medical Drones Market, By application

4.1. Key segment trends

4.2. Blood transfer

4.2.1.  Market size, by region, 2016-2025 (USD Million)

4.3. Drugs/pharmaceutical transfer

4.3.1.  Market size, by region, 2016-2025 (USD Million)

4.4. Vaccination program

4.4.1.  Market size, by region, 2016-2025 (USD Million)

4.5. Others

4.5.1.  Market size, by region, 2016-2025 (USD Million)

Chapter 5.    Medical Drones Market, By End-use

5.1. Key segment trends

5.2. Emergency medical services

5.2.1.  Market size, by region, 2016-2025 (USD Million)

5.3. Blood banks

5.3.1.  Market size, by region, 2016-2025 (USD Million)

5.4. Others

5.4.1.  Market size, by region, 2016-2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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