North America Medical Supply Delivery Service Market Size & Outlook
North America medical supply delivery service market, 2018-2030 (US$M)
North America medical supply delivery service market highlights
- The North America medical supply delivery service market generated a revenue of USD 24,755.0 million in 2023.
- The market is expected to grow at a CAGR of 7.3% 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.
North America data book summary
| Market revenue in 2023 | USD 24,755.0 million |
| Market revenue in 2030 | USD 40,455.9 million |
| Growth rate | 7.3% (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, North America region accounted for 35.6% 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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North America 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 North America medical supply delivery service market based on medical supplies covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific accounted for the largest market share of 40.4% in 2020, owing to factors such as improving healthcare infrastructure, growing geriatric population, rising prevalence of chronic diseases, technological advancements, improving medical tourism industry, infrastructure investments, higher labor costs amid workforce shortages, evolving care models, and expansion of healthcare systems in developing economies.
Moreover, the adoption and implementation of aerial drone technology is increasing in developing economies, creating new markets in countries such as China, Africa, and India, in partnership with private operators, humanitarian organizations, and governments.
Europe is anticipated to register the fastest CAGR of 10.4%. Increasing healthcare expenditures, adoption of advanced technologies, and presence of global players are propelling the medical supply delivery market. In addition, growth in the e-commerce space has created a surge in the number of parcel delivery and logistics service providers in the region.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America medical supply delivery service market, including forecasts for subscribers. This continent databook contains high-level insights into North America medical supply delivery service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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