The Medical Courier industry is expected to perform relatively well compared with general couriers and distributors during the five years to 2014. During this period, revenue is expected to increase overall. The healthcare sector is generally more resilient to economic downturns than other sectors due to its necessary nature. Nonetheless, industry revenue did decline during the Great Recession, as Americans reduced healthcare utilization and companies and providers consequently limited spending on courier services. Growth has been rebounding in more recent years, driven by healthcare globalization and technological innovation. These two trends will drive demand in the coming five years as well.
Medical couriers deliver medical equipment to patients and healthcare providers, and they 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.