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South & Central America Medical Courier Market Forecast to 2030
South & Central America 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 & 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
Rising Prevalence of Chronic Diseases Fuels South & Central America Medical Courier Market
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South & Central America Medical Courier Market Overview
The medical courier market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America. An upsurge in the geriatric population and a burgeoning number of diabetes cases fuel the growth of the medical courier market in the region. According to data published by the International Diabetes Federation, in Brazil, ~15 million people had diabetes in 2021, and the number is estimated to increase to ~23 million by 2030. As per the same source, in 2021, ~1.8 million people in Argentina were suffering from diabetes, and the number is expected to increase to ~2 million by 2030. People suffering from diabetes require their insulin and medications from time-to-time and hence, an upsurge in the incidence of diabetes is fueling the demand for medical courier services in South & Central America. Moreover, increasing strategic initiatives by companies for improving medical supplies delivery in countries such as Brazil and Argentina are fueling the growth of the market in the region. For instance, in May 2022, Spright and Synerjet entered into a partnership to speed up and improve the distribution of medical supplies using drones across Brazil. With this partnership, the companies are focusing on expanding access to healthcare services in Brazil.
South & Central America Medical Courier Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Medical Courier Market Segmentation
The South & Central America medical courier market is segmented based on product type, destination, service, end users, and country.
Based on product type, the South & Central America 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.
In terms of destination, the South & Central America medical courier market is bifurcated into domestic and international. The domestic segment held a larger share in 2022.
By service, the South & Central America medical courier market is bifurcated into standard service and rush & on-demand services. The standard service segment held a larger share in 2022.
Based on end user, the South & Central America medical courier market is segmented 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 South & Central America medical courier market is categorized into Brazil, Argentina, the Rest of South & Central America. Brazil dominated the South & Central America medical courier market in 2022.
United Parcel Service Inc; FedEx Corp; Deutsche Post AG; and Cencora, Inc. are some of the leading companies operating in the South & Central America medical courier market.
Summary Info
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According to the Research Team’ research, the South & Central America medical courier market was valued at US$ 305.68 million in 2022 and is expected to reach US$ 401.81 million by 2030, registering a CAGR of 3.5% from 2022 to 2030. Increasing incidence of road accidents and rising prevalence of chronic diseases are among the critical factors attributed to the South & Central America medical courier market expansion.
As per the WHO’s Global Status Report on Road Safety 2018, 1.35 million individuals worldwide lose their lives in traffic accidents each year. Additionally, about 3,700 persons worldwide lose their lives in collisions with automobiles, buses, motorbikes, bicycles, lorries, or pedestrians every day. Cyclists, motorcyclists, and pedestrians account for more than half of the fatalities. According to estimates, crashes rank as the seventh most common cause of mortality worldwide across all age categories and the most common death cause for children and youngsters (ages 5 to 29). Today, car accidents claim more lives than HIVAIDS combined. Moreover, it is projected that between 2015 and 2030, both fatal and nonfatal crash injuries will cost the global economy over $1.8 trillion (in 2010 USD). A number of these road injuries involve serious injuries and demand for blood transfusion. Thus, with rising road accidents, the demand for blood transfusion and surgical hubs is also surging, thus propelling the growth of medical couriers worldwide.
On the contrary, stringent requirements for temperature control and handling hamper the growth South & Central America medical courier market.
Based on product type, the South & Central America medical courier market is segmented into medical supplies and equipment, blood and organs, lab specimens, medical notes, and others. The medical supplies and equipment segment held 52.7% share of the South & Central America medical courier market in 2022, amassing US$ 161.03 million. It is projected to garner US$ 195.64 million by 2030 to expand at 2.5% CAGR during 2022-2030.
In terms of destination, the South & Central America medical courier market is bifurcated into domestic and international. The domestic segment held 82.5% share of the South & Central America medical courier market in 2022, amassing US$ 252.26 million. It is estimated to garner US$ 321.85 million by 2030 to expand at 3.1% CAGR during 2022-2030.
By service, the South & Central America medical courier market is bifurcated into standard service and rush & on-demand services. The standard service segment held 77.8% share of South & Central America medical courier market in 2022, amassing US$ 237.73 million. It is predicted to garner US$ 302.69 million by 2030 to expand at 3.1% CAGR during 2022-2030.
Based on end user, the South & Central America medical courier market is segmented 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 30.7% share of the South & Central America medical courier market in 2022, amassing US$ 93.88 million. It is projected to garner US$ 120.94 million by 2030 to expand at 3.2% CAGR during 2022-2030.
Based on country, the South & Central America medical courier market is categorized into Brazil, Argentina, the Rest of South & Central America. Brazil held 58.7% share of South & Central America medical courier market in 2022, amassing US$ 179.35 million. It is projected to garner US$ 242.77 million by 2030 to expand at 3.9% CAGR during 2022-2030.
A few key players operating in the South & Central America medical courier market are United Parcel Service Inc; FedEx Corp; Deutsche Post AG; and Cencora, Inc.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in South & Central America 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 South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Medical Courier Market – Key Industry Dynamics
4.1 Market Drivers:
4.1.1 Increasing Incidence of Road Accidents
4.1.2 Rising Prevalence of Chronic Diseases
4.2 Market Restraints
4.2.1 Stringent Requirements for Temperature Control and Handling
4.3 Market Opportunities
4.3.1 Growing Strategic Initiatives
4.4 Future Trends
4.4.1 Adoption of Hub and Spoke Model
4.5 Impact analysis
5. Medical Courier Market – South & Central America Market Analysis
5.1 South & Central America Medical Courier Market Revenue (US$ Mn), 2022 – 2030
6. South & Central America Medical Courier Market – Revenue and Forecast to 2030 – by Product Type
6.1 Overview
6.2 South & Central America Medical Courier Market Revenue Share, by Product Type, 2022 & 2030 (%)
6.3 Lab Specimens
6.3.1 Overview
6.3.2 Lab Specimens: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Medical Supplies and Equipment
6.4.1 Overview
6.4.2 Medical Supplies and Equipment: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
6.5 Blood and Organs
6.5.1 Overview
6.5.2 Blood and Organs: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
6.6 Medical Notes
6.6.1 Overview
6.6.2 Medical Notes: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
6.7 Others
6.7.1 Overview
6.7.2 Others: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
7. South & Central America Medical Courier Market – Revenue and Forecast to 2030 – by Destination
7.1 Overview
7.2 South & Central America Medical Courier Market Revenue Share, by Destination, 2022 & 2030 (%)
7.3 Domestic
7.3.1 Overview
7.3.2 Domestic: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
7.4 International
7.4.1 Overview
7.4.2 International: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Medical Courier Market – Revenue and Forecast to 2030 – by Service
8.1 Overview
8.2 South & Central America Medical Courier Market Revenue Share, by Service, 2022 & 2030 (%)
8.3 Standard Services
8.3.1 Overview
8.3.2 Standard Services: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Rush and On-demand Services
8.4.1 Overview
8.4.2 Rush and On-demand Services: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Medical Courier Market – Revenue and Forecast to 2030 – by End User
9.1 Overview
9.2 South & Central America Medical Courier Market Revenue Share, by End User, 2022 & 2030 (%)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospitals and Clinics: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Diagnostic Labs
9.4.1 Overview
9.4.2 Diagnostic Labs: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Pharmaceutical and Biotechnology Companies
9.5.1 Overview
9.5.2 Pharmaceutical and Biotechnology Companies: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Blood and Tissue Banks
9.6.1 Overview
9.6.2 Blood and Tissue Banks: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9.7 Pharmacies
9.7.1 Overview
9.7.2 Pharmacies: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9.8 In Home Support
9.8.1 Overview
9.8.2 In Home Support: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Medical Courier Market – Country Analysis
10.1 South & Central America Medical Courier Market – Country Analysis
10.1.1 South & Central America Medical Courier Market, by Country
10.1.1.1 Brazil
10.1.1.1.1 Brazil Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
10.1.1.1.2 Brazil: Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
10.1.1.1.3 Brazil: Medical Courier Market, by Destination, 2020-2030 (US$ Million)
10.1.1.1.4 Brazil: Medical Courier Market, by Service, 2020-2030 (US$ Million)
10.1.1.1.5 Brazil: Medical Courier Market, by End User, 2020-2030 (US$ Million)
10.1.1.2 Argentina
10.1.1.2.1 Argentina Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
10.1.1.2.2 Argentina: Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
10.1.1.2.3 Argentina: Medical Courier Market, by Destination, 2020-2030 (US$ Million)
10.1.1.2.4 Argentina: Medical Courier Market, by Service, 2020-2030 (US$ Million)
10.1.1.2.5 Argentina: Medical Courier Market, by End User, 2020-2030 (US$ Million)
10.1.1.3 Rest of South & Central America
10.1.1.3.1 Rest of South & Central America Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
10.1.1.3.2 Rest of South & Central America: Medical Courier Market, by Product Type, 2020-2030 (US$ Million)
10.1.1.3.3 Rest of South & Central America: Medical Courier Market, by Destination, 2020-2030 (US$ Million)
10.1.1.3.4 Rest of South & Central America: Medical Courier Market, by Service, 2020-2030 (US$ Million)
10.1.1.3.5 Rest of South & Central America: Medical Courier Market, by End User, 2020-2030 (US$ Million)
11. Medical Courier Market-Industry Landscape
11.1 Overview
11.2 Growth Strategies in Medical Courier Market
11.3 Organic Growth Strategies
11.3.1 Overview
11.4 Inorganic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 United Parcel Service Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 FedEx Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Deutsche Post AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Cencora Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About Us
13.2 Glossary of Terms
LIST OF TABLES
Table 1. South & Central America Medical Courier Market Segmentation
Table 2. Brazil Medical Courier Market, by Product Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. Brazil Medical Courier Market, by Destination – Revenue and Forecast to 2030 (US$ Million)
Table 4. Brazil Medical Courier Market, by Service – Revenue and Forecast to 2030 (US$ Million)
Table 5. Brazil Medical Courier Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 6. Argentina Medical Courier Market, by Product Type – Revenue and Forecast to 2030 (US$ Million)
Table 7. Argentina Medical Courier Market, by Destination – Revenue and Forecast to 2030 (US$ Million)
Table 8. Argentina Medical Courier Market, by Service – Revenue and Forecast to 2030 (US$ Million)
Table 9. Argentina Medical Courier Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 10. Rest of South & Central America Medical Courier Market, by Product Type – Revenue and Forecast to 2030 (US$ Million)
Table 11. Rest of South & Central America Medical Courier Market, by Destination – Revenue and Forecast to 2030 (US$ Million)
Table 12. Rest of South & Central America Medical Courier Market, by Service – Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of South & Central America Medical Courier Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 14. Recent Organic Growth Strategies in Medical Courier Market
Table 15. Recent Inorganic Growth Strategies in the Medical Courier Market
Table 16. Glossary of Terms, Medical Courier Market
LIST OF FIGURES
Figure 1. South & Central America Medical Courier Market Segmentation, By Country
Figure 2. South & Central America Medical Courier Market – Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Medical Courier Market Revenue (US$ Mn), 2022 – 2030
Figure 5. South & Central America Medical Courier Market Revenue Share, by Product Type, 2022 & 2030 (%)
Figure 6. Lab Specimens: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Medical Supplies and Equipment: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Blood and Organs: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Medical Notes: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Others: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. South & Central America Medical Courier Market Revenue Share, by Destination, 2022 & 2030 (%)
Figure 12. Domestic: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. International: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. South & Central America Medical Courier Market Revenue Share, by Service, 2022 & 2030 (%)
Figure 15. Standard Services: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Rush and On-demand Services: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. South & Central America Medical Courier Market Revenue Share, by End User, 2022 & 2030 (%)
Figure 18. Hospitals and Clinics: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Diagnostic Labs: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Pharmaceutical and Biotechnology Companies: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Blood and Tissue Banks: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Pharmacies: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. In Home Support: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Others: South & Central America Medical Courier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. South & Central America Medical Courier Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 26. South & Central America Medical Courier Market, By Key Countries, 2022 and 2030 (%)
Figure 27. Brazil Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 28. Argentina Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 29. Rest of South & Central America Medical Courier Market Revenue and Forecast to 2030 (US$ Mn)
Figure 30. Growth Strategies in Medical Courier Market
The List of Companies – South & Central America Medical Courier Market
1. United Parcel Service Inc
2. FedEx Corp
3. Deutsche Post AG
4. Cencora, Inc.
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