Global Medical Drone Market

Medical Drone Market Size, Share, Growth Analysis, By Type(Rotary wing, Fixed wing, Hybrid), By Application(Blood transfer, Drug transfer, Vaccine transfer), By Technology(Remotely Operated, Semi-Autonomous, Fully Autonomous), By Region - Industry Forecast 2024-2031


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

Medical Drone Market Dynamics

Medical Drone Market Driver

Quick delivery of medicines

  • Drones carry essential medicines, blood supplies, vaccinations, and antitoxins to various locations, addressing the urgent needs of patients. Rapid delivery encourages healthcare professionals to quickly provide treatment that can save a patient's life. Also, the drug can be dispensed at the patient's bedside, reducing errors in the healthcare setting. 

Government funds and funding for medical devices

  • Many private organizations help along with the government fundings for growth in medical drone sector. Various initiatives by government for development of unarmed aircraft. Zipline working on blood and vaccines distribution.

Restraint

Strict government regulations associated with medical drones

  • One of the major factors hampering the growth of the market to some extent is the strict government regulation. These rules add some complexity to the implementation process. Also, there are various countries that are willing to modify the existing management guidelines to be flexible and facilitate access to medical drones in the medical field. However, the complications associated with medical drones may hamper the growth of the global medical drone market across the world. 

Lack of skilled pilots and infrastructure

  • Irrespective of multiple developments and governance assistance there has been shortage of people who handle the operating of drones and improper organisation of air traffic judgements for the prevention of sudden obstacles created due to insignificant entity.

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FAQs

Global 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).

Global medical drone market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global market.     'Zipline (USA) ', 'Wingcopter (Germany) ', 'Matternet (USA) ', 'Flirtey (USA) ', 'Swoop Aero (Australia) ', 'EHang (China) ', 'Vayu (USA) ', 'Skyports (UK) ', 'Avy (Netherlands) ', 'Phoenix Wings (Germany) ', 'Rakuten Drone (Japan) ', 'Manna Drone Delivery (Ireland) ', 'RigiTech (Switzerland) ', 'Terra Drone (Japan)'

On the basis of region, global medical drone market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. North America dominated the global market. This market is expected to grow as great demand of medical drones and OEMs. The market in the region is expanding due to consumer demand and technological advancements. During pandemic, U.S was the first country to takeover with advance technologies such as disinfecting sprays over drones in public places. The development of medical drones has received research funding and medical drones are widely used by hospitals, clinics, and ambulatory surgery centres. 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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Global Medical Drone Market

Report ID: SQMIG35D2038

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