Medical Drones Market (By Type: Fixed Wing, Rotary Wing, Hybrid; By Service Type: Hospital-based, Independent, Government; By Technology: Fully Autonomous, Semi-autonomous, Remotely Operated; By Package Size: Less than 2 KG., 2 - 5 KG., Greater than 5; By Application: Emergency Blood Logistics, Vaccine Logistics, Emergency Organ Logistic, Others) - Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2022-2030

The global Medical Drones market size was estimated at USD 275.9 million in 2021 and is expected to surpass around USD 1,940.9 million by 2030 and poised to grow at a compound annual growth rate (CAGR) of 24.2% during the forecast period 2022 to 2030.

Key Takeaways:

  • North America medical drones market was valued at USD 91.73 million in 2021.
  • Blood transfer segment is expected to grow at a CAGR of 23% between 2022 to 2030.
  • In 2021, the fixed wing segment dominated the market with revenue share of 53.28%
  • In 2021, the rotary wing segment accounted market share of over 31.62%

 Medical Drones industry can be followed back to late 1800 and mid 1900 for military activities. At first drones were utilized to keep an eye on nations during cold war. The principal target drone was created somewhere around 1933 and 1935 at RAF Farnborough by consolidating fuselage with engine and wings.

Drones were likewise utilized in combat zone surveillance, anti-submarine warfare, and target practice. Uses of drones in medicinal sector were restricted until recent years. Right now, drones are being utilized in medical industry, yet the business is still in initial stage. They are utilized in providing emergency medications and blood products around 5 pounds in remote regions. In 2016, medical drones began providing essential meds and blood products in Rwanda helping individuals gaining awareness to biologics that save life of individuals in emergency.

Report Scope of the Medical Drones Market 

Report Coverage

Details

Market Size in 2022

USD 342.68 Million

Market Size by 2030

USD 1,940.9 Million

Growth Rate from 2022 to 2030

CAGR of 24.2%

Base Year

2021

Forecast Period

2022 to 2030

Segments Covered

Type, Service Type, Technology, Package Size, Application, Geography

Companies Mentioned

DHL, Embention, Flirtey, Matternet, Vayuvision, Volocopter GmbH, Volansi, Inc., Flytrex Inc., Airbus, Zipline International Inc, AT&T Intellectual Property., EHang

Medical Drones Market Dynamics

Drivers

There are various factors which are contributing immensely for the growth of the medical drones market size. For example, rising participation from governments across the globe is one of the key driving factors for sure. In addition to this, there have been huge investments made in the research and development fields as well. Moreover, rising applications based on drones in the health care sector is one of the biggest boosts in this regard. Various critical requirements are taken care of by these drones and these help in delivering the necessary drugs, vaccines, blood-oriented supplies across the globe. What makes these drones more popular in public is the fact that it enables the rapid delivery of supplies to the medical professionals which eventually help the patients to be treated in a seamless manner. Also, these drones are capable enough to offer the necessary health-care supplies to the patient’s beds without making any mistake.  With all these benefits there is a growing acceptance of medical drones in the public which can contribute in the development of the market to a huge extent.

Challenges & Restrains

One issue which can hinder the market growth to some extent is the stringent government regulations. These regulations are making the deployment process a little difficult. But the good news is that there are various countries that have turned flexible and are ready to alter the pre-existing administrative policies making the entry of medical drones in the health-care sector easy. Therefore, in spite of few hindrances, there are silver linings to look forward to.

Last but not the list, the operational and maintenance cost involved for different kinds of drones could also be one of the factors which may create some issues in the overall growth of the medical drone market. However, with so many research and development works going in, we can expect the best of the services in a reduced cost in the upcoming future.

Type Insights

Depending upon the type, the rotary wing segment is the dominant player and is anticipated to have the biggest impact on medical drones market. The rotary-wing segment maintained a dominant share due to the considerable demand for rotary wing for medical supplies, public area cleaning, monitoring and surveillance applications during the COVID-19 pandemic worldwide. Additionally, effective VTOL capabilities and confined area operability have an impact on the market growth of the rotary-wing category. They can hover in position for extended periods of time, are far more agile than other types of UAVs at low airspeeds, are simpler to operate than other types of UAVs generally, can takeoff and land in confined locations, and take less time to set up, takeoff, and land, among other benefits.

Due to increased need for extended endurance and range, heavy and large payload carrying capabilities, and a wide area of coverage for medical applications, the hybrid category is predicted to rise as the fastest-growing segment. In addition to improving capabilities for applications such as crop imaging, military surveillance, emergency response, and remote infrastructure inspection, hybrid drones may one day enable drone package delivery. Any number of industrial-strength uses can be made for the drone. The engine weighs around 17 pounds and has a maximum power output of 10 kilowatts. The lift motors, backup batteries, and onboard electronics, including computers, sensors, and communications gear, are all powered by gasoline-powered generators. Users only need to refuel to resume flying; the inbuilt batteries never need to be recharged. The forms of flight control include fully autonomous and semi-autonomous.

Service Type Insights

During the projected period, the government segment is anticipated to be the largest in the medical drones market. Inaccessible places can benefit greatly from the deployment of medical drones to deliver medications, vaccines, and other supplies. These medical drones provide safe and quick distribution in inaccessible, distant, or conflict-torn locations. In order to assist minimize infectious and life-threatening infections, the usage of medical drones in government and healthcare services has recently gained popularity.

Due to the increasing demand among hospital facilities for UAV-based deliveries for various medical applications, such as human organ logistics, medical supply logistics, and other medical applications, the hospital-based segment is expected to experience the fastest growth during the forecast period. The speed, altitude, acceleration, and drones' ability to carry an AED and properly deliver it to a bystander are all factors that affect how quickly they can react. Drone dispatch to arrival time is 5.21 minutes as opposed to 22 minutes for an ambulance. A smartphone app might be used to call a drone. Bystanders would receive instructions from the drone on how to administer CPR and begin using the automated defibrillator until help arrived from the emergency services. These facilities and improvements are driving the drones market in the hospital based segment.

Logistical Application Insights

The market's dominating category has generally been emergency blood logistics, and this trend is expected to continue during the projection period. The increased demand and acceptance rate for unmanned system logistics to supply blood samples and pathological blood products is responsible for this segmental expansion.

 The market's fastest expanding area is the logistics for vaccines. Due to the strong demand for vaccinations for numerous diseases, epidemics, viral outbreaks, and the continuing COVID-19 pandemic, it increases during the projection period. The ability of medical drones to quickly transport immunizations to remote locations is one factor in the development. Additionally, a number of organizations, including UNICEF, are sponsoring medical drones to provide vaccines in remote locations and during emergencies, which is promoting segment growth.

Regional analysis

The regional the medical drones are segmented into americas, europe, asia-pacific and middle east & africa. the americas has always been the most dominating region in the market and expected to continue to hold the leading position throughout the evaluation period. u.s and canada are two significant countries in the market with the presence of many prominent key players of the market. public conducted r&ds, rising awareness in public and alliance between vendors are immensely fuelling the growth of the medical drones market.

In addition to medical drones market, the Europe region is going to contribute in a huge way in the growth of the overall market. Several countries have turned flexible and are ready to alter the pre-existing administrative policies making the entry of medical drones in the health-care sector easy. Additionally, various government initiatives are going to play a pivotal role in the development of Medical Drones Market in countries like Germany, United Kingdom, France, Belgium and so on.

Some of the prominent players in the Medical Drones Market include:

  • DHL
  • Embention
  • Flirtey
  • Matternet
  • Vayuvision
  • Volocopter GmbH
  • Volansi, Inc.,
  • Flytrex Inc.,
  • Airbus
  • Zipline International Inc
  • AT&T Intellectual Property.
  • EHang

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Medical Drones market

By Type

  • Fixed Wing
  • Rotary Wing
  • Hybrid

By Service Type

  • Hospital-based
  • Independent
  • Government

By Technology

  • Fully Autonomous
  • Semi-autonomous
  • Remotely Operated

By Package Size

  • Less than 2 KG.
  • 2 - 5 KG.
  • Greater than 5

By Application

  • Emergency Blood Logistics
  • Vaccine Logistics
  • Emergency Organ Logistic
  • Others

By Geography

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global Medical Drones industry analysis from 2022 to 2030 to identify the prevailing Medical Drones industry opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the global Medical Drones industry segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global Medical Drones industry trends, key players, market segments, application areas, and market growth strategies.