Industry Analysis & Industry Trends
The Medical Courier industry is expected to perform relatively well compared with general couriers and distributors during the five years to 2014. During this period, revenue is expected to increase overall. The healthcare sector is generally more resilient to economic downturns than other sectors due to its necessary nature. Nonetheless, industry revenue did decline during the Great Recession, as Americans reduced healthcare utilization and companies and providers consequently limited spending on courier services. Growth has been rebounding in more recent years, driven by healthcare globalization and technological innovation. These two trends will drive demand in the coming five years as well.... purchase to read more
Industry Report - Industry Locations Chapter
Like the general courier industry, the geographic spread of medical courier's establishments closely mirrors the distribution of the population. As a result of densely populated areas typically having a higher proportion of healthcare facilities, the need for courier services is generally higher.
The Southeast region is home to 27.2% of industry establishments while accounting for 25.4% of the overall population. This region houses Florida, which accounts for 6.5% of industry establishments. The Southwest region is a popular location for smaller couriers as a result of the elderly population who typically are frequent visitors of doctors... purchase to read more