Asia Pacific Medical Supply Delivery Service Market Size & Outlook
Asia Pacific medical supply delivery service market, 2018-2030 (US$M)
Asia Pacific medical supply delivery service market highlights
- The Asia Pacific medical supply delivery service market generated a revenue of USD 27,851.5 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, medical supplies was the largest revenue generating application in 2023.
- Medical Supplies is the most lucrative application segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 27,851.5 million |
| Market revenue in 2030 | USD 45,191.1 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Medical supplies |
| Fastest growing segment | Medical Supplies |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Supplies |
| Key market players worldwide | DHL Group, United Parcel Service Inc Class B, Agility, FedEx Corp, CEVA Logistics, ModivCare Inc, Swoop Aero, International SOS, Wings Logistics, Zipline |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.0% of the global medical supply delivery service market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 23,975.3 million by 2030.
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Medical Supply Delivery Service Market Scope
Medical Supply Delivery Service Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific medical supply delivery service market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical supply delivery service market will help companies and investors design strategic landscapes.
Medical supplies was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific medical supply delivery service market based on medical supplies covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific healthcare industry is witnessing a rapid growth coupled with a developing economy and has emerged as a promising market globally. Japanese, Chinese, and Indian proliferating markets are bolstering market growth in Asia Pacific, making it the fastest growing region over the forecast period.
Large presence of untapped opportunities in emerging markets such as India and China, constant advancements and developing healthcare infrastructure are some key factors accounting for the aforementioned conclusion.
Additionally, the growing geriatric population in this region coupled with prevalence of chronic diseases and rising healthcare expenditure by both public and private players is expected to boost market growth. As per a HealthXL article on APAC Digital Health in October 2020, it stated that the healthcare expenditure by the geriatric population is estimated to be at USD 20 trillion over 2015-2030.
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Target buyers of Asia Pacific medical supply delivery service market databook
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Our clientele includes a mix of medical supply delivery service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical supply delivery service market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical supply delivery service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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