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Medical Couriers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Medical Couriers Market Research Report | Life Sciences | Healthcare Services | Aug 2014

Special delivery: As technology changes, demand for specialized medical courier services will grow

The Medical Couriers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 09-14
1.5%
Annual Growth 14-19
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Profit
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Employment
30,368
Businesses
7,463
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 Key Buyers Chapter

The Medical Couriers industry has a low level of market share concentration with the largest firm in the industry accounting for less than 2.0% of industry revenue. The industry is highly fragmented with an estimated total of 9,899 establishments in the industry. While some operators operate on a national basis, the majority of establishments seek to serve a local area. This strategy allows companies to build relationships with clients and save on fuel costs. With barriers to entry being fairly low entrants can come and go as they please, leading competition within the industry to be fairly high and market share concentration to be low... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Medical Couriers Industry?

Medical couriers deliver medical equipment to patients and healthcare providers, and they deliver specimens to medical laboratories for testing. Some medical couriers carry donor organs and recipient patients to hospitals. Couriers are distinguished from other medical distributors by features such as speed, security, tracking, specialization and individualization of services. This industry excludes courier companies that do not primarily serve healthcare industries or patients.

Industry Products
Medical equipment warehousing and deliveryBlood and tissue deliveryLaboratory and specimen deliveryDonor organ delivery
 
Industry Activities
Laboratory and specimen delivery servicesBlood and tissue delivery servicesMedical equipment warehousing and delivery servicesDonor organ delivery services


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