Medical Drone – Revolutionizing Healthcare Industry

 | Oct 12, 2021 02:45

The healthcare industry has been transformed by the disruptive digital technology of drones, also known as unmanned aerial vehicles (UAVs). Drone technology was introduced for the first time in Japan at the beginning of the 1980s to spray pesticides on rice fields. As the technology proved highly effective, research universities, start-ups and large enterprises began working together to develop other types of drones, leading to their widespread use across industries, including infrastructure, transport, insurance, media and entertainment, telecommunications, agriculture, security and mining.

While the applications of drone technology are vast and dynamic, this blog focuses primarily on drone technology within the healthcare industry; we look at market size, applications, drivers, trends, barriers and COVID-19 impact in the medical drones market.

Market forecast analysis

As per a Fior Markets report, the global medical drones market was valued at USD109.08m in 2019 and is forecast to grow at a double-digit CAGR of 24.8% to reach USD641.86m by 2027.