Healthcare drones provide medical care facilities for the people in a few minutes to bring blood, medicines, serum snake bite, birth control, and other resources to rural areas, which in some situations could be the difference between life and death.
Increased awareness of healthcare drones is likely to fuel demand in developing economies, and enhancing business growth. Government implemented several initiatives and programs to raise awareness among healthcare professionals in underdeveloped economies of the availability of high quality medical drones. Owing to several associated benefits, government encourages the use of healthcare drones. In 2018, according to Ghana Health Service, Ghana government signed a healthcare drone contract in remote hospitals and clinics to help strengthen the overall healthcare chain and thus to support the growth of the healthcare drone market. Ghana government signed the agreement with the US firm. Moreover, unresolved organizational and competitiveness problems can to some degree impede industry growth. Moreover, emerging organizational and accessibility issues can to some extent hinder market growth.
Drones are boon to Healthcare Sector
In order-critical situations, drones can also act as a defender. It launched a new device that could request for a drone in case of an outbreak it pressing a button to help save lives in a crisis; Google took a step forward in 2016 to provide the medical center in good time. The system can also play a key role in the delivery of test samples to far-off laboratories. Bloods and stools in labs far from far distant places are used by drones such as Vayu in many parts of Madagascar for research.
The market research study on “Healthcare Drone Market (By Product Type: Rotary Blade, Fixed Wing, Hybrid; By Application: Search and Rescue (Disaster Tridge, Lost Person, Water Rescue, AED Delivery), Transport/Delivery (Blood Products, Vaccines, Medications, Antivenin, Supplies, Lab samples), Medical Care (Marine Telemedicine, Remote Telemedicine, Hospital at home)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers a detailed insights on the global healthcare drone market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global healthcare drone market, its product type, application, and major geographic regions. In 2018 North America accounted for the large share of market sales. The favorable government regulation on drone technology development coupled with growing demand from businesses for drone-acquired information, it is anticipated that it will continue to lead over the forecast period. In fact, in the United States, the Federal Aviation Administration (FAA) has issued new rules to provide a more consistent and coherent structure for the legal and safety working of commercial drones. These rules and regulations would reduce entry barriers and improve the consumption of national products. Asia Pacific is expected to account the fastest CAGR during forecast period due to increasing adoption of automation and advanced technologies across the healthcare sector. Asia Pacific is followed by Europe due to several favorable regulations and exploring new ways to transform their conventional business process. Furthermore, in Middle East and Africa adoption of drones is gaining popularity mostly in African country due to medical sector. Governmental bodies in key African countries, such as Tanzania, have been working with distributors such as Zipline to provide inadequate, remote medical supplies and blood.
Key Players and Market Situation
Major players include in this report are Zipline, Flirtey, Swoop Aero, Wingcopter, Wing, HiRO TeleMedicine Systems, LLC, Matternet, Airbus, International SOS, Air Aid, and others. Companies like Amazon, Intel and Google have also participated in the drone industry for mail, parcel and medical equipment distribution. Such funds also support the development of software for drones. Key players in market are taking strategic steps to ensure that they maintain market competition, including the introduction of new products, collaborating and regional expansion. For instance, in 2017, Flirtey has created a partnership to foster automated external drone defibrillator (AED) in the United States. The strategy of partnership helps the company to increase their geographic scope and capture greater market share.
The global healthcare drone market is segmented as below:
Healthcare Drone Market By Product Type
Healthcare Drone Market By Application
Healthcare Drone Market By Geography
North America held maximum share in 2018 followed by the Asia Pacific.
Asia Pacific is projected to grow at a fast pace during forecast period.
Government implemented several initiatives and programs to raise awareness among healthcare professionals across the globe is the key growth factor.
Maintain temperature for blood sample is likely to restrain the growth of the healthcare drone market.
Top players entered in the healthcare drone market are Zipline, Flirtey, Swoop Aero, Wingcopter, Wing, HiRO TeleMedicine Systems, LLC, Matternet, Airbus, International SOS, Air Aid, and others.
Companies like Amazon, Intel and Google have also participated in the drone industry for mail, parcel and medical equipment distribution.