According to a new report published by Allied Market Research, titled, โMedical Drones Market – Global Opportunity Analysis and Industry Forecast, 2019โ2026,” Medical drones have the ability to gather real-time data cost effectively to help deliver payloads and have initiated the rapid evolution of many industrial, commercial, and recreational applications. Telecommunication drones are being used for diagnosis &treatment, perioperative evaluation, and telementoring in remote areas. Drones have the potential to be a reliable medical delivery platform for microbiological &laboratory samples, pharmaceuticals, vaccines, emergency medical equipment, and patient transport. The recent discoveries integrate drones into the existing logistics network and operate them to expedite the clientโs cargo. Drones consist of an air frame, propulsion systems, and other navigation systems. They include a wide variety of aircraft design configurations and supporting tools that facilitate various applications.
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COVID-19 Scenario Analysis
Pharmaceutical and biotechnological companies together with governments around the globe are working to combat with the COVID-19 outbreak, from supporting the development of vaccines to schedule for medicines supply chain challenges. Furthermore, there are around 115 vaccine candidates and other 155 molecules that are kept in the R&D pipeline in the coming years. Moreover, commonly used drugs such as hydroxychloroquine have seen huge boost in demand for the management of COVID-19. Increase in demand for drugs has been witnessed, which is likely to offer lucrative opportunity for manufacturers of COVID-19 management drugs, as many developed countries are short of these drugs. Owing to the demand for vaccine and treatment drugs for COVID-19, the pharmaceutical and biotechnology industry is anticipated to witness a substantial growth in the next few years.
The primary factor driving the growth of the industry includes key government initiatives in providing medical care to distant areas. Furthermore, significant investments in the development of advanced medical drones and increase in public acceptance have fueled the market growth. Medical drones have been deployed across various sectors, such as in the military, flood-or drought-affected areas, and pandemic-affected areas to deliver medical supplies, which notably contributes toward the growth of the global market.
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The key players profiled in this report include DHL, Zipline, Vayu, Matternet, Flirtey, Embention, and DJI
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- This study presents the analytical depiction of the global medical droneโs industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global medical droneโs market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the medical drones market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the medical droneโs market.
- The report provides a detailed medical droneโs market analysis depending on competitive intensity and how the competition will take shape in coming years.
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