Medical Drone Market Size, Share, Growth Analysis, By Type(Rotary wing, Fixed wing), By Application(Blood transfer, Drug transfer) - Industry Forecast 2024-2031

Report ID: SQMIG35D2038 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 63 | Figures: 75

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Medical Drone Market size was valued at USD 0.26 Billion in 2022 and is poised to grow from USD 0.30 Billion in 2023 to USD 1.06 Billion by 2031, growing at a CAGR of 16.86% during the forecast period (2024-2031).

medical drone market is highly competitive with the presence of local as well as companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of market. 'Zipline Inc.', 'DHL Express (a subsidiary of Deutsche Post AG)', 'UPS Flight Forward (a subsidiary of United Parcel Service, Inc.)', 'DJI Technology Co. Ltd.', 'Embention', 'Vayu Inc.', 'Flirtey Holdings Inc.', 'Matternet Inc.', 'Altitude Angel', 'Viable Design LLC', 'Skycart Inc.', 'Meya MedTech', 'Rigi Technologies', 'InTouch Health', 'EHang Holdings Limited', 'Air Ambulance Technology GmbH', 'Drone Delivery Canada Corp.', 'FLYTBASE Inc.', 'MediDrone', 'Edall Systems'

Quick delivery of medicines

Improving technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT) is a major trend in the medical drone market. Technological advancements in drone technology help drone operations to be carried out autonomously and safely, contributing to their growing adoption in the drone delivery ecosystem.

On the basis of region, medical drone market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. North America dominated the market. The market in the region is expanding due to consumer demand and technological advancements. The development of medical drones has received research funding and medical drones are widely used by hospitals, clinics, and ambulatory surgery centres. These factors have led to the expansion of the medical drone market in North America. Also, both the US and Canada have important regulations supporting the use of drones in the healthcare industry, which also helps in market expansion in the region.

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Medical Drone Market Size, Share, Growth Analysis, By Type(Rotary wing, Fixed wing), By Application(Blood transfer, Drug transfer) - Industry Forecast 2024-2031

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