Medical Drones Market Expected to Reach $701.2 Million by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “Medical Drones Market," The medical drones market size was valued at $217.34 million in 2022, and is estimated to reach $701.2 million by 2032, growing at a CAGR of 12.4% from 2023 to 2032.

Medical drones are an unmanned aerial vehicle specifically designed for the transportation of medical supplies, equipment, and organs. Medical drones industry have the potential to revolutionize healthcare delivery, particularly in remote or hard-to-reach areas, by providing quick and efficient transportation of critical medical resources. These drones are used to deliver essential medical supplies such as vaccines, medications, blood samples, diagnostic tests, and emergency equipment to remote or underserved regions. They can further be employed for organ transportation for urgent transplant surgeries. The medical drones market forecast suggest that advantages of medical drones such as rapid delivery, improved access to healthcare in isolated communities, cost-effectiveness compared to traditional methods, and reduced human error is ecpected to play vital role in growth of   medical drones market share.

Medical drones industry have gained significant traction in recent years owing to technological advancements in drones such as improved battery life, enhanced navigation systems, and increased payload capacity. In addition, medical drones possess the ability to reach remote and underserved areas to deliver essential medical supplies, thus improving access to healthcare services, especially for communities lacking access to hospitals or medical facilities. This factor acts as a key driving force of the global medical drones market size. Moreover, medical drones provide a rapid and efficient mode of transportation, bypassing traffic congestion and inaccessible terrain. In time-sensitive emergencies, such as delivering emergency medical supplies or transporting organs for transplantation, medical drones can significantly reduce delivery times and potentially save lives, thus driving the growth of the medical drones market share. 

Furthermore, the medical drones market trends suggests that rise in adoption of medical drones among hospitals to provide better service is the major factor that driving the medical drones market growth. For instance, the implementation of medical drones reduces the dependence on traditional transportation methods, such as ambulances or helicopters, which can be costly and resource intensive. Drones are more cost-effective, require less infrastructure investment, and can be deployed quickly, making them a viable option for resource-constrained areas. However, limited payload capacity acts as the key deterrent factor of the medical drones market.   

Depending on the drone type, the market is divided into fixed wing, rotor drones, and hybrid drones. The fixed wing segment accounted for the largest share in 2022 and is expected to remain dominant during the forecast period, owing to its larger flight range and high payload capacity.  

Depending on application, the market is classified into blood bank transportation, vaccines transportation, organs transportation, and others. The blood bank transportation segment accounted for the largest share in 2022 and is also expected to remain dominant during the forecast period, owing to high adoption of drones for transportation of blood bank transportation in remote areas and the areas where transportation facility is not well developed.  

On the basis of end user, the market is categorized into hospitals, blood banks, government institutions, others.  Hospitals occupied the highest share in 2022 owing to use of drones for blood transport, organ transport and various other essentials in hospital. 

Region wise, North America generated maximum revenue in 2022 owing to the strong presence of key players, presence of robust healthcare infrastructure, and availability of approved medical drones with higher adoption of medical drones for the delivery of medical kits, blood, and organ transplantation. However, Asia-Pacific is expected to witness the highest CAGR during the forecast period owing to increase in population, surge in healthcare expenditure, and rise in investments for development of medical drones.

The major players that operate in the global medical drones market are Volocopter GmbH, EHang Holdings Ltd., Matternet, SZ DJI Technology Co., Ltd., Zipline International Inc., Volansi, Inc., Yuneec Holding Ltd., Vayu Dones, Embenation, and TU Delft.

Key findings of the study 

• By drone type, the fixed wing segment was the highest contributor to the market in 2022. 

• On the basis of application, the blood bank transportation segment dominated the market in terms of revenue in 2022.  

• Depending on end user, the hospital segment was highest contributor to the market in 2022. 

• Region wise, North America generated the largest revenue in 2022. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.