Medical Courier Industry is Experiencing Rapid Growth

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  • Medical Courier Industry is Experiencing Rapid Growth

Medical Courier Industry is Experiencing Rapid Growth

A number of facilities rely on medical couriers for time sensitive medical parcel delivery that is available 24/7 by professionals who are trained to handle medical-related items, including biohazardous material. R Courier has been providing medical courier services to Toronto for years and we have witnessed first-hand the growing demand for reliable delivery services in the medical industry. We work with a large number of laboratories, physicians, diagnostic imaging centres, and healthcare agencies across Canada, all of whom count on us to deliver their packages safely and on-time.

Reports See Continued Growth

According to a report released by Credence Research, the medical courier market is steadily growing and its future prospects are looking good as demand rises for express and same-day delivery of samples and specimens across medical facilities. The market was valued at 4,164.5 (US$ Mn) in 2017 and is projected to be worth 5,958.0 (US$ Mn) by 2026, with a Compounded Annual Growth Rate (CAGR) of 4.8% between 2018 and 2026.

Their research covers the global scale and considers logistics from North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The market segmentation is divided by application, including:

  • Hospitals
  • Diagnostic and Clinical Laboratories
  • Dental Clinics
  • Pharmaceuticals and Biotechnology Industries
  • Blood and Tissue Banks
  • Public Health Departments
  • Law Enforcement Agencies/Departments

This report represents analysis for each segment from 2016 to 2026 with 2017 considered to be the base year. CAGR for each of the respective segments estimated for the forecast period from 2018 to 2026.

A 2019 report anticipates much of the same with steady growth over the next five years and an increase of global market size by 2024. All of this is in line with the growth of the healthcare industry and an ever-increasing demand for samples and equipment in pharmaceuticals and biotechnology industries.

Advanced Courier Technology

Much of this growth is thanks to medical courier delivery powered by state of the art technology that is able to keep up with the expansion of healthcare transportation and logistics. R Courier uses the most up-to-date technology in order to better service our clients and meet their ever-growing needs. We provide real-time GPS reporting with the ability for customers to track their delivery online and see complete details on our drivers’ routes, including the number of stops and packages picked up and delivered. Our real-time reporting gives our clients much-needed peace of mind when it comes to couriering their sensitive medical packages.

With GPS technology we are also able to optimize routes for our drivers and dispatch them accordingly for the fastest delivery times possible. Because of this technology we are able to better serve our customers and provide detailed reports on their deliveries.

We also provide online invoicing and use mobile signature capture technology that is available for viewing to our customers via their accounts that are secure and password protected. Everything we do is aimed at providing better services, customer convenience, and quality delivery for these parcels that are essential for the wellbeing of thousands of people.

Looking to the Future

R Courier is continuously looking towards the future and finding ways on how we can improve our services. We are confident that as the courier market grows that we will be able to keep up with it and remain a leader in medical courier services in Canada.

If you need medical items transported call us for a reliable courier today that will see your packages delivered safely and quickly.