Aided by increased regulation and demand from pharmaceutical companies for a more controlled transportation environment, the Medical Couriers industry benefited from steady demand over the past five years. As a result of new specifications, coupled with the sensitive nature of the products industry participants transport, medical couriers have become increasingly important in the healthcare and pharmaceutical sectors' supply chains. During the five-year period to 2022, similar trends are expected to persist, resulting in solid demand for industry services. Healthcare utilization rates will grow at a faster rate than over the previous five years as the Patient Protection and Affordable Care Act continues to increase the number of individuals with healthcare coverage.
Medical couriers deliver medical equipment to patients and healthcare providers and deliver specimens to medical laboratories for testing. Some medical couriers carry donor organs and recipient patients to hospitals. Couriers are distinguished from other medical distributors by features such as speed, security, tracking, specialization and individualization of services. This industry excludes courier companies that do not primarily serve healthcare industries or patients.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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