Medical Drones Market Insights Video

According to Cognitive Market Research, the global Medical Drones market size is USD 612.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 14.20% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 245.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 183.78 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 140.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 112.4% from 2024 to 2031.
• Latin America had a market share for more than 5% of the global revenue with a market size of USD 30.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.6% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 12.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2031.
• The Multi-Rotor Drones held the highest Medical Drones market revenue share in 2024.