SEARCH   
MEMBER LOGIN    

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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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
Purchase to read more
Profit
Purchase to read more
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 SWOT Analysis Chapter

The Medical Couriers industry in the growth phase of its economic life cycle; this stage is characterized by establishment growth, rapid technological change and new types of buyers. Industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to increase at an annualized rate of 3.4% over the 10 years to 2014. In contrast, US GDP is projected to grow at an annualized rate of 2.5% during the same period. Typically, an industry is considered to be in the growth stage of its economic life cycle when growth in IVA trends at a faster rate than GDP growth over a 10-year period.

Over the 10 years to 2019, the industry is set to expand with the number of enterprises forecast to increase at an annualized rate of 2.3% to reach 8,593 companies... 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


View Sample
Quote
Select Clients