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Middle East & Africa Medical Courier Market Forecast to 2030
Middle East & Africa Medical Courier Market Forecast to 2030 – Regional Analysis – By Product Type (Medical Supplies and Equipment, Blood and Organs, Lab Specimens, Medical Notes, and Others), Destination (Domestic and International), Service (Standard Service and Rush and On-Demand Services), and End Users (Hospital and Clinics, Diagnostic Labs, Blood and Tissue Banks, Pharmacy, In Home Support, Pharmaceutical and Biotechnology Companies, and Others)
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Description
Growing Strategic Initiatives Fuels the Middle East & Africa Medical Courier Market
Several giants operating in the industry are taking strategic initiatives to expand their foothold and support their end users in faster delivery of medical supplies, offer value-based care, and maintain a competitive edge. For instance, in 2023, Eli Lilly & Company committed US$ 1.15 million to a new cold chain capacity initiative aimed at enhancing drug availability in low- and middle-income nations. Eli Lilly and Company has announced that it will contribute $1.15 million to a new cold chain capacity program, with the aim of facilitating greater access to medications in low- and middle-income countries (LICs). With this funding, 25 Life for a Child partner facilities in Africa, Latin America, the Caribbean, and Southeast Asia will be able to install an estimated 150 medical-grade refrigeration units. Furthermore, Investcorp bought a 215,000-square-foot temperature-controlled warehouse in Dammam, Saudi Arabia, marking its first real estate purchase in the country. Such strategic initiatives are expected to offer prosperous growth opportunities to the players operating in the medical courier market in the region.
Middle East & Africa Medical Courier Market Overview
The Middle East & Africa medical courier market is segmented into the UAE, Saudi Arabia, South Africa, and Rest of the Middle East & Africa. Governments of African countries are entering into partnerships with medical courier companies to introduce the use of drones for delivering medical supplies in the country. For instance, in June 2022, the Kaduna State Government entered into a partnership with Zipline to deliver medical supplies in Nigeria. With this partnership, Nigeria has become 5th country globally and 3rd country in Africa to introduce drone services for medical deliveries. In June 2022, Swoop Aero partnered with Astral Aviation and Skyports to launch a drone logistics network for the delivery of medical supplies in Kenya. In December 2022, the Government of Rwanda partnered with Zipline to deliver blood and medical supplies to 12 regional hospitals in remote locations. As per the State of the Nation address by the President of Ghana, Ghana has the world’s largest Zipline drone delivery network with 6 centers for medical supplies.
According to an article published by Emirates News Agency, the Ministry of Health and Prevention (MoHAP), the Department of Health-Abu Dhabi (DoH), and the Dubai Health Authority (DHA), the number of organ donations in Ghana increased by ~40% in 2022 compared to 2021. Data published by the NIH states that ~1,350 people are living organ donors and ~120 deceased dead organ donors were registered in the Kingdom of Saudi Arabia. Thus, the increasing awareness about organ donation in Middle Eastern countries is fueling the growth of the Middle East & Africa medical courier market.
Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Medical Courier Market Segmentation
The Middle East & Africa medical courier market is segmented based on product type, destination, service, end users, and country.
Based on product type, the Middle East & Africa medical courier market is segmented into medical supplies and equipment, blood and organs, lab specimens, medical notes, and others. The medical supplies and equipment segment held the largest share in 2022.
By destination, the Middle East & Africa medical courier market is bifurcated into domestic and international. The domestic segment held a larger share in 2022.
By service, the Middle East & Africa medical courier market is bifurcated into standard service and rush and on-demand services. The standard service and rush segment held a larger share in 2022.
In terms of end users, the Middle East & Africa medical courier market is categorized into hospital and clinics, diagnostic labs, blood and tissue banks, pharmacy, in home support, pharmaceutical and biotechnology companies, and others. The hospital and clinics segment held the largest share in 2022.
Based on country, the Middle East & Africa medical courier market is segmented into Saudi Arabia, South Africa, the UAE, Kenya, Ghana, Tanzania, and the Rest of Middle East and Africa. Saudi Arabia dominated the Middle East & Africa medical courier market in 2022.
Deutsche Post AG, FedEx Corp, United Parcel Service Inc, and Zipline International Inc are some of the leading companies operating in the Middle East & Africa medical courier market.
Summary Info
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According to the research team’ research, the Middle East & Africa medical courier market was valued at US$ 140.24 in 2022 and is expected to reach US$ 178.84 million by 2030, registering a CAGR of 3.1% from 2022 to 2030. Adoption of hub and spoke model and growing strategic initiatives are among the critical factors attributed to the Middle East & Africa medical courier market expansion.
A hub and spoke model is a centralized warehousing and shipment system similar to a bicycle wheel’s structure. The center of the wheel is the hub or a distribution center, and each spoke represents a delivery direction. The hub-and-spoke model weighs more on the positive side of the spectrum and is a cost-effective and efficient approach. The model encourages consolidation of all the inventory in one place (hub), from where it is delivered timely to different areas (spokes). The hub-and-spoke distribution model allows for planning and optimizing delivery routes around the hub linking to various destinations. The product is packed, shipped to one place, and delivered to multiple locations within the preferred time. It improves the workforce and substantially reduces the delivery time compared to the other model. In addition, with the help of preferred logistics partners, merchants can control inventory centrally, source products from the least expensive suppliers, and deliver goods to customers from local warehouses. Shippers can take advantage of more affordable rates by aggregating their inventory at a centralized point. This less-than-truckload shipment can then be combined to fill a single truckload which can then be dispersed throughout the network. Small-and-medium-sized businesses (SMBs) can negotiate for better rates often associated with full truckload shipments using this model. Thus, all the benefits mentioned above of the hub and spoke model and various initiatives by NHS regarding the hub and spoke model are going to support the Europe medical courier market in the coming years.
On the contrary, stringent requirements for temperature control and handling hampers the growth Middle East & Africa medical courier market.
Based on product type, the Middle East & Africa medical courier market is segmented into medical supplies and equipment, blood and organs, lab specimens, medical notes, and others. The medical supplies and equipment segment held 52.2% share of the Middle East & Africa medical courier market in 2022, amassing US$ 73.20 million. It is projected to garner US$ 87.26 million by 2030 to expand at 2.2% CAGR during 2022-2030.
By destination, the Middle East & Africa medical courier market is bifurcated into domestic and international. The domestic segment held 82.1% share of the Middle East & Africa medical courier market in 2022, amassing US$ 115.12 million. It is projected to garner US$ 143.35 million by 2030 to expand at 2.8% CAGR during 2022-2030.
By service, the Middle East & Africa medical courier market is bifurcated into standard service and rush and on-demand services. The standard service and rush segment held 77.3% share of the Middle East & Africa medical courier market in 2022, amassing US$ 108.45 million. It is projected to garner US$ 134.82 million by 2030 to expand at 2.8% CAGR during 2022-2030.
In terms of end users, the Middle East & Africa medical courier market is categorized into hospital and clinics, diagnostic labs, blood and tissue banks, pharmacy, in home support, pharmaceutical and biotechnology companies, and others. The hospital and clinics segment held 30.6% share of Middle East & Africa medical courier market in 2022, amassing US$ 42.92 million. It is projected to garner US$ 53.85 million by 2030 to expand at 2.9% CAGR during 2022-2030.
Based on country, the Middle East & Africa medical courier market is segmented into Saudi Arabia, South Africa, the UAE, Kenya, Ghana, Tanzania, and the Rest of Middle East and Africa. Saudi Arabia held 31.1% share of Middle East & Africa medical courier market in 2022, amassing US$ 43.55 million. It is projected to garner US$ 54.03 million by 2030 to expand at 2.7% CAGR during 2022-2030.
Key players operating in the Middle East & Africa medical courier market are Deutsche Post AG, FedEx Corp, United Parcel Service Inc, and Zipline International Inc, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa medical courier market.
o Highlights key in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa medical courier market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the medical courier market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Middle East & Africa Medical Courier Market, by Country (US$ Million)
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Medical Courier Market Landscape
4.1 Overview
5. Middle East & Africa Medical Courier Market – Key Industry Dynamics
5.1 Market Drivers:
5.1.1 Increasing Incidence of Road Accidents and Growing Number of Surgeries
5.1.2 Rising Prevalence of Chronic Diseases
5.2 Market Restraints
5.2.1 Stringent Requirements for Temperature Control and Handling
5.3 Market Opportunities
5.3.1 Growing Strategic Initiatives
5.4 Future Trends
5.4.1 Adoption of Hub and Spoke Model
5.5 Impact analysis
6. Medical Courier Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Medical Courier Market Revenue (US$ Mn), 2022 – 2030
7. Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 – by Product Type
7.1 Overview
7.2 Middle East & Africa Medical Courier Market Revenue Share, by Product Type, 2022 & 2030 (%)
7.3 Lab Specimens
7.3.1 Overview
7.3.2 Lab Specimens: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Medical Supplies and Equipment
7.4.1 Overview
7.4.2 Medical Supplies and Equipment: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Blood and Organs
7.5.1 Overview
7.5.2 Blood and Organs: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Medical Notes
7.6.1 Overview
7.6.2 Medical Notes: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 – by Destination
8.1 Overview
8.2 Middle East & Africa Medical Courier Market Revenue Share, by Destination, 2022 & 2030 (%)
8.3 Domestic
8.3.1 Overview
8.3.2 Domestic: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
8.4 International
8.4.1 Overview
8.4.2 International: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 – by Service
9.1 Overview
9.2 Middle East & Africa Medical Courier Market Revenue Share, by Service, 2022 & 2030 (%)
9.3 Standard Services
9.3.1 Overview
9.3.2 Standard Services: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Rush and On-demand Services
9.4.1 Overview
9.4.2 Rush and On-demand Services: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 – by End User
10.1 Overview
10.2 Middle East & Africa Medical Courier Market Revenue Share, by End User, 2022 & 2030 (%)
10.3 Hospitals and Clinics
10.3.1 Overview
10.3.2 Hospitals and Clinics: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
10.4 Diagnostic Labs
10.4.1 Overview
10.4.2 Diagnostic Labs: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
10.5 Pharmaceutical and Biotechnology Companies
10.5.1 Overview
10.5.2 Pharmaceutical and Biotechnology Companies: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
10.6 Blood and Tissue Banks
10.6.1 Overview
10.6.2 Blood and Tissue Banks: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
10.7 Pharmacies
10.7.1 Overview
10.7.2 Pharmacies: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
10.8 In Home Support
10.8.1 Overview
10.8.2 In Home Support: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
10.9 Others
10.9.1 Overview
10.9.2 Others: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
11. Middle East & Africa Medical Courier Market – Country Analysis
11.1 Overview
11.1.1.1 Middle East & Africa Middle East & Africa Medical Courier Market, by Country
11.1.1.2 Saudi Arabia
11.1.1.2.1 Saudi Arabia: Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.2.2 Saudi Arabia: Middle East & Africa Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.2.3 Saudi Arabia: Middle East & Africa Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.2.4 Saudi Arabia: Middle East & Africa Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.2.5 Saudi Arabia: Middle East & Africa Medical Courier Market, by End User, 2020-2030 (US$ Million)
11.1.1.3 South Africa
11.1.1.3.1 South Africa: Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.3.2 South Africa: Middle East & Africa Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.3.3 South Africa: Middle East & Africa Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.3.4 South Africa: Middle East & Africa Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.3.5 South Africa: Middle East & Africa Medical Courier Market, by End User, 2020-2030 (US$ Million)
11.1.1.4 UAE
11.1.1.4.1 UAE: Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.4.2 UAE: Middle East & Africa Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.4.3 UAE: Middle East & Africa Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.4.4 UAE: Middle East & Africa Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.4.5 UAE: Middle East & Africa Medical Courier Market, by End User, 2020-2030 (US$ Million)
11.1.1.5 Rest of Middle East & Africa
11.1.1.5.1 Rest of Middle East & Africa: Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
11.1.1.5.2 Rest of Middle East & Africa: Middle East & Africa Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
11.1.1.5.3 Rest of Middle East & Africa: Middle East & Africa Medical Courier Market, by Destination, 2020-2030 (US$ Million)
11.1.1.5.4 Rest of Middle East & Africa: Middle East & Africa Medical Courier Market, by Service, 2020-2030 (US$ Million)
11.1.1.5.5 Rest of Middle East & Africa: Middle East & Africa Medical Courier Market, by End User, 2020-2030 (US$ Million)
12. Middle East & Africa Medical Courier Market-Industry Landscape
12.1 Overview
12.2 Growth Strategies in Middle East & Africa Medical Courier Market
12.3 Organic Growth Strategies
12.3.1 Overview
12.4 Inorganic Growth Strategies
12.4.1 Overview
13. Company Profiles
13.1 Zipline International Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 United Parcel Service Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 FedEx Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Deutsche Post AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
14. Appendix
14.1 About Us
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Medical Courier Market Segmentation
Table 2. Saudi Arabia Middle East & Africa Medical Courier Market, by Product Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. Saudi Arabia Middle East & Africa Medical Courier Market, by Destination – Revenue and Forecast to 2030 (US$ Million)
Table 4. Saudi Arabia Middle East & Africa Medical Courier Market, by Service – Revenue and Forecast to 2030 (US$ Million)
Table 5. Saudi Arabia Middle East & Africa Medical Courier Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 6. South Africa Middle East & Africa Medical Courier Market, by Product Type – Revenue and Forecast to 2030 (US$ Million)
Table 7. South Africa Middle East & Africa Medical Courier Market, by Destination – Revenue and Forecast to 2030 (US$ Million)
Table 8. South Africa Middle East & Africa Medical Courier Market, by Service – Revenue and Forecast to 2030 (US$ Million)
Table 9. South Africa Middle East & Africa Medical Courier Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 10. UAE Middle East & Africa Medical Courier Market, by Product Type – Revenue and Forecast to 2030 (US$ Million)
Table 11. UAE Middle East & Africa Medical Courier Market, by Destination – Revenue and Forecast to 2030 (US$ Million)
Table 12. UAE Middle East & Africa Medical Courier Market, by Service – Revenue and Forecast to 2030 (US$ Million)
Table 13. UAE Middle East & Africa Medical Courier Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 14. Rest of Middle East & Africa Middle East & Africa Medical Courier Market, by Product Type – Revenue and Forecast to 2030 (US$ Million)
Table 15. Rest of Middle East & Africa Middle East & Africa Medical Courier Market, by Destination – Revenue and Forecast to 2030 (US$ Million)
Table 16. Rest of Middle East & Africa Middle East & Africa Medical Courier Market, by Service – Revenue and Forecast to 2030 (US$ Million)
Table 17. Rest of Middle East & Africa Middle East & Africa Medical Courier Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 18. Recent Organic Growth Strategies in Middle East & Africa Medical Courier Market
Table 19. Recent Inorganic Growth Strategies in the Middle East & Africa Medical Courier Market
Table 20. Glossary of Terms, Middle East & Africa Medical Courier Market
LIST OF FIGURES
Figure 1. Middle East & Africa Medical Courier Market Segmentation, By Country
Figure 2. Middle East & Africa Medical Courier Market – Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Medical Courier Market Revenue (US$ Mn), 2022 – 2030
Figure 5. Middle East & Africa Medical Courier Market Revenue Share, by Product Type, 2022 & 2030 (%)
Figure 6. Lab Specimens: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Medical Supplies and Equipment: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Blood and Organs: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Medical Notes: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Others: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Middle East & Africa Medical Courier Market Revenue Share, by Destination, 2022 & 2030 (%)
Figure 12. Domestic: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. International: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Middle East & Africa Medical Courier Market Revenue Share, by Service, 2022 & 2030 (%)
Figure 15. Standard Services: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Rush and On-demand Services: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Middle East & Africa Medical Courier Market Revenue Share, by End User, 2022 & 2030 (%)
Figure 18. Hospitals and Clinics: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Diagnostic Labs: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Pharmaceutical and Biotechnology Companies: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Blood and Tissue Banks: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Pharmacies: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. In Home Support: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Others: Middle East & Africa Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Middle East & Africa Middle East & Africa Medical Courier Market, by Key Country – Revenue, 2022 (US$ Million)
Figure 26. Middle East & Africa Middle East & Africa Medical Courier Market, By Key Countries, 2022 and 2030 (%)
Figure 27. Saudi Arabia Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 28. South Africa Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 29. UAE Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 30. Rest of Middle East & Africa Middle East & Africa Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 31. Growth Strategies in Middle East & Africa Medical Courier Market
The List of Companies – Middle East & Africa Medical Courier Market
1. Deutsche Post AG
2. FedEx Corp
3. United Parcel Service Inc
4. Zipline International Inc
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