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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Analysis Chapter

The Medical Couriers industry has fared well over the five years to 2014, as a rise in the number of physician visits and total health expenditure has buoyed demand for industry services. Despite tough economic conditions, consumers increased their use of healthcare services, which required healthcare providers to rely on couriers to pick up and deliver medical supplies, lab samples and organs. Additionally, increasing regulations on the transportation of potentially infectious substances has increased the importance of medical couriers in the healthcare sector's supply chain. As a result, in the five years to 2014, IBISWorld expects industry revenue to increase at an annualized rate of 1.5% to $3.8 billion, including growth of 4.5% in 2014 alone... 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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