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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

IBISWorld’s Medical Couriers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Products Chapter

Laboratory and specimen delivery

Laboratory and specimen delivery is expected to generate 45.3% of industry revenue in 2014, and primarily consists of services related to clinical trial logistics. At the larger medical courier companies, such as World Courier Inc. these services include complete logistics services across the full cycle of the clinical trial. First, the company provides pre-trial coordination services between biopharmaceutical companies, laboratories and other organizations involved in the trial. Logistics of transport follows, which includes packaging, scheduling and routing trial materials. Often, transportation of laboratory specimens necessitates the use of temperature-controlled containers combined with dry ice... 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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