Medical Drones Market Size is Projected to Reach USD 186,580 Million by 2026 at CAGR 14.0% | Valuates Reports
BANGALORE, India, Dec. 18, 2020 /PRNewswire/ -- The Medical Drones Market is Segmented by Type (Blood transfer, Drugs/Pharmaceutical transfer, Vaccination program, Others), Application (Emergency medical services, Blood banks, Other), Key Vendors and Regional Growth: Global Opportunity Analysis and Industry Forecast, 2021–2026. This report is published on Valuates Reports in the Mail & Package Delivery Category.
The global Medical drones market size is valued at 74,090 Million USD in 2020 is expected to reach 186,580 Million USD by the end of 2026, growing at a CAGR of 14.0% during the forecast period 2021-2026.
Major factors driving the growth of medical drone market size are growing adoption in military bases and hospitals, increasing investments for R&D to develop reliable drones, covid-19 outbreak.
The report offers an in-depth assessment of the growth and other aspects of the Medical Drones market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc.
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TRENDS INFLUENCING THE MEDICAL DRONES MARKET SIZE
The COVID-19 pandemic has propelled the drone delivery trials forward across the globe. Drones meet the urgent needs of patients receiving the necessary medications, and vaccines. Rapid delivery helps healthcare practitioners offer medication efficiently that could save the life of the patient. These advantages are expected to drive the growth of the medical drone market size
Medical Drones can either be operated manually or can be strategically programmed for long-distance flights and on the specified route. In addition, they also have some main advantages, such as that they do not need any landing space, and they can be configured to drop supplies by flying close to the ground. These factors are expected to fuel the growth of the medical supplies market size.
Growing government initiatives aimed at developing Unarmed Aerial Vehicles are expected to further drive the growth of the Medical Drones market size. The main goal of the Government behind these measures is to save people's lives by supplying medicines at a time of need. However, complications associated with medical drones could impede the growth of the industry to some degree.
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MEDICAL DRONES MARKET SHARE ANALYSIS
North America is expected to hold the largest medical drone market share. This dominance of North America is attributed to the increasing levels of investment from private as well as government bodies for the development of advanced medical drones.
Asia Pacific region is expected to witness the highest growth during the forecast period due to rising public acceptance of medical drones, and an increase in the patient population.
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MEDICAL DRONES MARKET SEGMENTATION
Medical Drones Market Segment by Type
- Blood transfer
- Drugs/Pharmaceutical transfer
- Vaccination program
- Others
Medical Drones Market Segment by Application
- Emergency medical services
- Blood banks
- Other
Medical Dones Market by Regions/Countries, the Product can be split into
- North America
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South America
Major Key Vendors
DHL, DJI, Embention, Flirtey, Matternet, Vayu, Zipline, etc.
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