Medical Drones Market Analysis

Global Medical Drones Market Overview

The Medical Drones Market Size was valued at USD 0.43 Billion in 2023 and is projected to grow from USD 0.53 Billion in 2024 to USD 2.49 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 21.20% during the forecast period (2024 - 2032). 

Increased adoption of medical drones by the public and increased participation of governments throughout the world are the key market drivers enhancing growth of market.

Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review

Medical Drones Market Trends

• The growing adoption of medical drones is driving the market growth

Market CAGR for medical drones is being driven by the rising adoption of medical drones. The adoption of medical drones has increased with the rise in research and development investment by the government and OEMs. The growth in penetration in emergency or catastrophic areas of medical drones is fueling the market growth of medical drones. The growing use of drones in the healthcare sector throughout the world is fueling the market growth of the medical drone market.

The development of the utilization of drones in the medical field will result to be beneficial for the development of the market in medical drones. The necessary vaccines, medicines, antioxidants, and blood products are delivered as the critical need of patients by using drones. Rapid delivery motivates the professionals in healthcare to rapidly provide treatment that can save the life of patients. Furthermore, the drug can be provided at the patient's bedside, minimizing errors in the sector of healthcare setting. 

Funds and funding from various government and private organizations are helping to flourish the medical drone market. The sales of medical drones are growing as their market share is expanding, and most of them are utilized in disaster or emergency situations as these drones are capable enough to precisely provide the required medical supplies to the bed of patients. Therefore, drones are being accepted by the general public, thus boosting market growth.

After the covid-19 pandemic, the investment and adoption of drones have increased for monitoring surveillance and application of public spaces in the section of healthcare and the process for replacing new logistics services with traditional systems.

The presence of formal regulations imposed by the federal government and the availability of highly sophisticated environments are fueling the growth of the medical drone market. The occurrence of the pandemic has boosted the initiation of accommodative regulations, experimentation, approvals, and test flights for medical applications. Furthermore, the technology and drone markets, government agencies, and healthcare experts are testing the last-mile drone-based delivery testing, which requires first respecting VLOS limitations. Thus, driving the Medical Drones market revenue.

Medical Drones Market Segment Insights

Medical Drones Logistical Application Insights

The market segments of Medical Drones, based on logistical application, includes Emergency Blood Logistics, Vaccine logistics, Emergency Organ Logistics, and Others. The emergency blood logistics segment dominates the market, accounting for the largest market revenue due to the high demand and adoption rate of unmanned system logistics for supplying blood samples and pathological blood products. Further, the vaccine logistic is the fastest-growing segment due to the high demand for vaccines globally for different epidemics, diseases, and virus outbreaks. The rest of the segment is also expected to show significant growth trhoughout the forecast period.

Medical Drones End User Insights

The Medical Drones market segmentation, based on end users, includes Emergency Medical Services, Blood Banks, hospitals, and Others. The blood banks segment dominates the market due to the periodic need for blood by different end users like hospitals, field hospitals, and others. Further, the hospital segment is expected to be the rapid growing during the forecast period owing to the high requirement and adoption rate of UAV logistics for different medical applications used in hospital facilities globally. 

The other segments are expected to experience significant growth due to the growing demand among the services, pathology laboratory, government institutions, ambulatory services, and many more segments, time-saving, efficient on-demand delivery.

Figure 1: Medical Drones Market, by Distribution Channel, 2023 & 2032 (USD Billion) 

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Medical Drones Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia Pacific Medical Drones market dominates the market due to the high adoption of drones for medical applications and the presence of healthcare OEMs in the region. The rising investment by the government and private organizations for developing advanced new products. The largest contributor to the medical drone market is China in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: MEDICAL DRONES MARKET SHARE BY REGION 2022 (USD Billion) 

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe's Medical Drones market accounts for the second-largest market share owing to the high investment rate in unmanned technology by OEMs, the accommodative regulations, and the government's initiative for a robust healthcare system. Further, the German market of Medical Drones held the largest market share, and the UK market of Medical Drones was the rapid growing market in the European region.

The North American Medical Drones Market is expected to grow at the rapid CAGR from 2024 to 2032. This is due to the increasing adoption and investment by OEMs and governments and the availability of the main market players in the region. Moreover, the US market of Medical Drones held the largest market share, and the Canadian market of Medical Drones was the rapid-growing market in the Asia-Pacific region.

Medical Drones Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to spread their product lines, which will help the market of Medical Drones grow even more. Market participants are also undertaking a various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Medical Drones industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Medical Drones industry to benefit clients and increase the market sector. In recent years, the Medical Drones industry has offered some of the most significant advantages to medicine. Major players in the Medical Drones market, including Avy BV, Robotic Skies Inc., Toyota Tsusho Corporation, Dragonfly Inc., Zipline Inc., Volocopter GmbH, Matternet Inc., Skyfarer Ltd., Skyports Ltd., Flirtey Holdings Inc., Manna Drone Delivery Inc., Vayu Inc., Ebre Drone LLC, and others, are trying to increase market demand by investing in research and development operations.

Dragonfly Inc. is a globally popular leader in manufacturing multi-rotor and UAV technologies and drones. The company provides assembled multi-rotor-helicopter, civilian small unmanned, industrial aerial video, and wireless video systems and also offers custom training, engineering, software, simulation consulting, and UAV services. In May 2021, the Dragonfly company, which is a Canadian Software and UAV hardware manufacturer popularly known for its services during the pandemic, such as stadium disinfection and pandemic drone, collaborated with Coldchain Delivery Systems, a vaccine and medical SCM (supply chain management) the US government company. The partnership initiated the Covid-19 vaccines to the remote and rural regions of Texas with the help of medical drone delivery in a five-phase rollout.

Toyota Tsusho Corporation is a sogo shosha, a member of the Toyota Group. It has a presence through its various subsidiaries and operating divisions. Its main business is to support Toyota Motor's automobile business and other Toyota Group companies; its business is very diverse, expanding industrial, consumer sectors, and commercial. Industrial raw materials, high technology, and agricultural products are its business area. In March 2022, Zipline, a leader and lone nationwide scale medical supply delivery service and a subsidiary of Toyota Group, Toyota Tsusho, announced an agreement on a strategic, operational partnership in order to transform the medical supply chain and the accessibility of the healthcare for Japanese population, and even in the remote and developing areas.

Key Companies in the market of Medical Drones include

• Avy BV


• Robotic Skies Inc.


• Toyota Tsusho Corporation


• Dragonfly Inc.


• Zipline Inc.


• Volocopter GmbH


• Matternet Inc.


• Skyfarer Ltd.


• Skyports Ltd.


• Flirtey Holdings Inc.


• Manna Drone Delivery Inc.


• Vayu Inc.


• Ebre Drone LLC

September 2023, Cipla launched drone-based delivery capabilities in India for critical medicines. This move will enable the company to send important medications to difficult to reach places and improve company reach.

August 2023, Wing, the drone division of Alphabet Inc., started using its drones for medical supplies delivery across the Europe. The company plans to collaborate with other start-ups to deliver medical goods to hospitals and patients directly.

January 2022, Wingcopter entered into a agreement with Spright worth USD 16 million for the delivery of medications across the US. This move will improve medical product access in rural and underserved areas in the US.

Medical Drones Market Segmentation

Medical Drones Logistical Application Outlook

• Emergency Blood Logistics


• Vaccine logistics


• Emergency Organ Logistics


• Others

Medical Drones End User Outlook

• Emergency Medical Service


• Blood Bank


• Hospital


• Others

Medical Drones Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America