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Medical Drones Market Size, Upcoming Outlook, Competitive Landscape Analysis, Industry Trends, Driver, Restraints and Analytical Statistics Forecast, 2022 To 2028

Medical Drones

Medical Drones

Market Overview:

The Medical Drones market size is projected to reach USD 493.23 Million by 2028 from an estimated USD 109.42 Million in 2021, growing at a CAGR of 24% globally.

Medical drones are unmanned aircraft vehicle (UAV), that has the capacity to fly long distances and deliver medications over the desperate landscape. It supports healthcare systems by connecting hospitals and laboratories with the patient. The first unmanned aircraft vehicle was used to carry the incendiary devices when Austria attacked Venice in 1849.  The design of this drone is a remotely controlled aircraft that have modernized dramatically. Medical drones are used for the delivery of vaccines, blood, medications, and other life-saving products. As per Statista, in 2021 almost 40% of drones used for the delivery of medicines and other life-saving products in the healthcare and social assistance industry. In the covid-19 the use of medical drones increases owing to avoiding face-to-face contact which boosts the growth of the medical drone market in the forecast year.

Major Key Players for Medical Drones Market:

  • Flirtey (US)
  • Zipline (US)
  • DJI (China)
  • Volocopter GmbH (Germany)
  • Wingcopter (Germany)
  • Everdrone AB (Sweden)
  • Flytrex Inc (Israel)
  • Skyfarer LTD (UK)
  • EMBENTION (Spain)
  • SkyLark Drones (India)
  • Grene Robotics (India)
  • ideaForge (India)
  • Freefly Systems (US) and others.

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Market Dynamics and Factors:

The rising investment by the government in the research and development of a new product with features like high speed, accuracy in delivery, low cost of equipment, and advanced technologies drive the market for medical drones. Additionally, the growing requirement of the medical sector to supply quickly lab tests, pharmaceuticals, blood, diagnostics, and other medical devices, and rising experiments, testing, and approval of drones are also supported the market growth in the forecast period. For instance, in 2021 Federal Aviation Administration (FAA) registered about 9,00,000 drones. The shortage of unified air traffic management for safe flight, risk of potential hazards, and operations issues associated with medical drones which expected to hamper the growth of the market of medical drones in the projected timeframe.

Medical Drones Market Report Highlight:

  • By type, the multi-rotor segment is expected to have the maximum market share in the medical drones market during the projected period. The cost-effective design, easy use, and efficiency in virtual take-off and landing (VTOL), these factors anticipated to grow in the market in the projected timeframe.
  • By technology, the semi-autonomous segment is predicted to expand the most in the medical drones market during the forecast year. Large use in multiple medical operations propelling the growth of the medical drones market.
  • By carrying capacity, the micro-segment is anticipated to have maximum growth in the medical drones market. The number of countries giving acceptance of medical drones having a capacity of 2kg or less, propels the growth of the market.
  • By applications, the blood delivery segment is expected to have the maximum market share in the medical drones market during the projected period. The growing demand for blood in various hospitals and other medical sectors supports the growth of the market.
  • By end-users, the emergency medical services segment is predicted to expand the most in the medical drones market during the forecast year. Medical drones have the capacity to reach instantly in an emergency in less time as compared to ambulances which boosts the growth of the market in the forecast year.
  • By region, North America is expected to dominate the medical drones market, during the projection period. The technological advancement and rising adoption of medical drones by the consumer boost the growth of the medical drones market in this region.

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Key Industry Development:

  • In February 2020, Volansi is the US-based drone logistics company in partnership with Merck that drives the first delivery of temperature-controlled vaccines. They served locations in eastern North Carolina where access to healthcare in remote rural communities and barrier islands is limited. 

Medical Drones Market Segmentation:

By Type

  • Fixed-Wing
  • Multi-Rotor
  • Single-Rotor Helicopter
  • Hybrid
  • And Others

By Technology

  • Autonomous
  • Semi-Autonomous

By Carrying Capacity

  • Micro (Up To 2 Kilos)
  • Mini (2 To 20 Kilos)
  • Small (21-150 Kilos)
  • And Large (Exceeding 150)

By Applications

  • Blood Delivery
  • Vaccine Delivery
  • Drug Delivery
  • Aerial Disinfection
  • Monitoring and Warning
  • Telehealth
  • And Others

By End-Users

  • Emergency Medical Services
  • Blood Banks
  • Virological Labs
  • Pathological Labs
  • Hospital
  • And Others

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