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Blockchain Press Releases

The Medical Drones Market is projected to be close to USD 3 billion by 2035, growing at a CAGR of ~14%, claims Roots Analysis




The introduction of medical drones has led to a remarkable transformation in healthcare delivery to hard-to-reach areas by harnessing state-of-the-art technology to improve patient care and delivery of medical supplies and emergency relief materials

LONDON, Aug. 17, 2023 /PRNewswire/ — Roots Analysis has announced the addition of “Medical Drones Market, 2023-2035″ report to its list of offerings.

Over the years, drones have become indispensable in healthcare, delivering drugs, medical kits, vaccines, organs, and surgical equipment. They are designed to transport the medical resources swiftly and safely to remote or hard-to-reach areas, especially in emergency situations where timely delivery is critical. Further, the incorporation of modern technologies, such as artificial intelligence (AI), machine learning (ML), and computer vision (CV), has made drones smarter and more efficient. As the benefits of medical drone technology for the improvement of healthcare delivery are realized, the medical drones market is likely to witness significant growth in the foreseeable future. 

To order this 239 page report, which features 119 figures and 141 tables, please visit this: 

Key Market Insights

More than 75 medical drones are presently available in the market

Majority (53%) of the medical drones have multi-rotor wings, followed by 29% drones with fixed wing. Further, over 65% of these drones deliver drugs, followed by medical kits (49%). In addition, hospitals / pharmacies emerged as the most common end-users (~60%) of medical drone delivery purposes.

Nearly 100 players currently claim to be engaged in medical drone industry

More than 30% of the players engaged in this domain are located in Europe, followed by those based in Asia-Pacific. Further, more than 50% of the players are very small (2-10 employees) and small companies (11-50 employees). Interestingly, 82% of all the players were established between 2011-2020.

Around 65% of the partnership agreements were inked in the last 2 years

Majority of the agreements related to medical drones were signed for supply agreements, which account for 67% of the total partnerships. Further, most of the deals have been inked by players based in Europe.

Over USD 3 billion were raised by players across various funding rounds, since 2016

A steady increase has been observed in funding activity since 2020, with the maximum number of instances (23) being reported in the year 2022. More than 80% of the total amount was raised via venture capital rounds.

Players based in Asia-Pacific are anticipated to capture nearly 40% of the market share by 2035

The global medical drones market is currently driven by an increase in demand for healthcare access to remote areas and faster medical deliveries to hospitals or during an emergency. By 2035, delivery of medical drugs via drones is likely to capture over 35% of the market share. Notably, medical drones targeted for hospitals and pharmacies are anticipated to dominate the market with a significant share of 45% projected till 2035.

To request a sample copy / brochure of this report, please visit 

Key Questions Answered

  • What are medical drones?
  • Do medical drones exist?
  • What are the uses of medical drones?
  • How fast is a medical drone?
  • What are the driving factors of the medical drones market?
  • What is the current size of medical drones market?
  • What are the leading market segments in the global medical drones market?
  • Which region is leading the global medical drones market?
  • What will be the CAGR of global medical drones market?
  • Which are the leading companies operating in the medical drones market?
  • What are the problems with medical drones?
  • How much does a drone delivery cost?

The overall financial opportunity associated within the medical drones market has been analyzed across the following segments:

  • Type of Rotor
    • Multi-Rotor Drones
    • Fixed-Wing Drones
    • Hybrid Wing Drones
    • Single Rotor Drones
  • Payload Ranges
    • 1-5 Kgs
    • 6-20 Kgs
    • 21-50 Kgs
    • 51-120 Kgs
    • 121-200 Kgs
    • >200 Kgs
  • Type of Medical Supplies
    • Drugs
    • Medical Kits
    • Vaccines
    • Organs
    • Surgical Equipment
  • End-Users
    • Hospitals / Pharmacies
    • Diagnostic Labs
    • Government Bodies
    • NGOs
  • Type of Automation
    • Fully Automated Drones
    • Semi-Automated Drones
  • Company Size
    • Small
    • Mid-Sized
    • Large
  • Key Geographical Regions
    • Asia-Pacific (India, Japan, Russia, China, Australia and rest of the Aisa-Pacific)
    • Europe (UK, Germany, France, Spain, Italy and rest of the Europe)
    • North America (US, Canada and rest of the North America)
    • Middle East and North Africa

The opinions and insights presented in the report were influenced by discussions held with senior stakeholders in the industry. The report features detailed transcripts of interviews and surveys held with the following experts:

  • Adam Klaptocz (Chief Executive Officer, RigiTech)
  • Arpit Sharma (Associate Vice President, TSAW Drones)
  • Hanne Grotle Nore (Business Development Manager, Aviant)
  • Kirill Shilov (Chief Executive Officer, Sky-Drones)
  • Vikram Singh (Chief Executive Officer, TechEagle)
  • Zacharias Sarris (Chief Executive Officer, ALTUS)
  • Anonymous (Project Manager, Anonymous)

The research includes profiles of key players (listed below) engaged in this domain; each profile features a brief overview of the company, details related to its recent developments (including funding and collaborations), financial performance (if available) and an informed future outlook.

  • Airbus
  • Amazon
  • DJI
  • EHang
  • Falck
  • L3Harris
  • Meituan
  • Qualcomm
  • Volocopter
  • Zipline

For additional details, please visit mailto:or email [email protected]

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Gaurav Chaudhary
+1 (415) 800 3415
+44 (122) 391 1091
[email protected]  


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Blockchain Press Releases

Bitget’s Smart Portfolio Bot Enables Sophisticated Crypto Trading For Users



VICTORIA, Seychelles, Sept. 26, 2023 /PRNewswire/ — Bitget, the leading crypto derivatives and copy trading platform, has announced the launch of Smart Portfolio, an intelligent investment bot designed to boost returns. This is a groundbreaking addition to its platform that promises to empower traders and investors with dynamic portfolio management capabilities, allowing users to rebalance assets based on price fluctuations to earn higher profits.

The Smart Portfolio bot represents a quantum leap in the way users manage their digital asset portfolios. It is an intelligent bot that continually and dynamically rebalances positions within a user-selected portfolio of cryptocurrencies, ensuring a constant proportion of each coin is maintained. Smart Portfolio shifts allocations between cryptocurrencies in a user’s portfolio as market values change. The bot will bank profits when asset prices peak and buy additional crypto when prices are low. This dynamic rebalancing aims to increase overall portfolio value over time versus simply holding assets.

Users can choose between two rebalancing modes tailored to their unique investment strategy: percentage-of-portfolio rebalancing and calendar rebalancing. Percentage-of-portfolio rebalancing is triggered when the percentage allocation of one or more coins deviates from the preset target by a threshold amount, due to changes in market capitalization. This helps maintain the desired coin proportions. Calendar rebalancing means time-based adjustments occur at fixed intervals to rebalance back to the preset allocations, if the percentages have drifted. The intelligent bot analyzes price momentum and volatility to determine the optimal times to rebalance under both modes. Its algorithms aim to maximize returns from portfolio rebalancing based on market conditions.

Smart Portfolio bot with dynamic rebalancing enables systematically buying low and selling high across the market’s cycles. The key is to act swiftly to lock in gains from short-term price spikes before values fall back down. Then reinvest those freed-up funds into undervalued coins poised to rally. This mechanism can steadily increase the total quantity of cryptocurrency assets held over time.

There are often correlations between cryptocurrencies and sectors in the crypto market. When some coins rise in value, others may fall. Simply holding assets can miss major profit opportunities during these cycles. For example, if a few coins increase in price and then start to decline, some other coins may simultaneously begin rising. By taking timely action to sell the first coins near their peak and using those profits to buy the cheaper rising coins, investors can capture additional gains.

Smart Portfolio offers passive crypto investors a powerful new tool to enhance returns. The automated manager handles portfolio rebalancing so users can sit back as their holdings grow. Smart Portfolio streamlines profit-taking, allocation, and reinvestment using proven trading principles.

“The launch of our Smart Portfolio bot exemplifies Bitget’s mission to keep providing innovative solutions that make crypto investing smarter. This automated portfolio manager aligns with our ‘Trade Smarter’ philosophy of leveraging technology to empower users. Beyond intelligent bots, we continue refining our platform with advanced features and services to help traders and investors thrive across different market conditions. Going forward, we are committed to keep raising the bar with more cutting-edge offerings to deliver an outstanding all-encompassing platform where people with all levels of crypto experience feel equipped to trade smarter”, said Gracy Chen, Managing Director at Bitget.

Bitget recently hosted its inaugural flagship event, EmpowerX Summit. The summit welcomed nearly 1900 esteemed guests and announced the $100 million EmpowerX Fund during the event. The fund, focusing on an unwavering commitment to fostering ecosystem development, will primarily support the growth of regional exchanges, data analytics firms, and media organizations.

For more information on Smart Portfolio, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

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Blockchain Press Releases

Bitget Wallet Quick Buy Expands Fiat Support to Include EUR/RUB/JPY Currencies



VICTORIA, Seychelles, Sept. 21, 2023 /PRNewswire/ — Bitget Wallet (formerly known as BitKeep), a leading multi-chain digital wallet, is proud to announce the latest expansion of its Quick Buy service to include fiat support for 3 new currencies: EUR, RUB, and JPY. These new fiat additions will further strengthen Bitget Wallet’s overall OTC features, providing its users with easier and more robust on-ramp options and lowering the overall barriers of entry into Web3. Leveraging on its new brand slogan of “Faster Trading, Better Assets”, Bitget Wallet is committed to serving as the most user-friendly Web3 trading wallet in the industry.

For Web3 users, acquiring cryptocurrencies with fiat currency has often presented a challenge. Bitget Wallet addresses this need by introducing Quick Buy, a one-stop solution for users seeking to buy and sell cryptocurrencies with ease. Quick Buy collaborates with stable OTC service providers and integrates multiple payment systems to provide a flexible and private purchasing experience.

Quick Buy is designed to break down barriers in the cryptocurrency OTC space, providing compatibility with popular payment methods to meet the diverse needs of users worldwide. This service reduces entry barriers, allowing users to acquire digital assets and participate in the Web3 space seamlessly.

Key advantages and benefits of Bitget Wallet Quick Buy

  • Supported Payment Channels: Quick Buy integrates six payment channels, including MoonPay, Alchemy Pay, Simplex, FaTPay, Banxa, and Transak. Bitget P2P (Peer to Peer) channels are also available.
  • Supported Fiat Currencies: Users can purchase cryptocurrencies using nearly 50 fiat currencies, including USD, EUR, JPY, KRW, VND, THB, and more.
  • Payment Methods: Quick Buy supports various payment methods, including Visa, PayPal, Master, ApplePay, GooglePay, and more.
  • Cryptocurrencies Available for Purchase: Over 10 blockchain networks and more than 50 token varieties, including USDT, USDC, ETH, BTC, and more.
  • Global Coverage: Quick Buy is available to users from over 100 countries.

In line with its new slogan of “Faster Trading, Better Assets”, Bitget Wallet has evolved into a comprehensive wallet platform that places trading at its core. Leveraging upon the powerful trading capabilities of Bitget Swap that boasts intelligent liquidity aggregation and routing across over 100 DEXs, users can expect to enjoy the best prices available, further bolstering their interactions with the rest of Bitget Wallet’s product ecosystem, including an NFT Marketplace and DApp browser. Additionally, Bitget Wallet’s unparalleled wallet functionality also promises an enhanced overall user experience for both new and existing Web3 users, including secure on-chain asset management, Watch-Only Wallet feature for following smart money, and staking services. All of these features are purpose-built to provide users with convenient ways to not only manage their assets, but also to grow their crypto portfolio.

Gracy Chen, Managing Director of Bitget, said, “Quick Buy facilitates seamless crypto purchasing for users worldwide, removing the barriers of fiat-to-crypto transactions. We look forward to empowering users to explore the Web3 space. The launch of Quick Buy underscores our commitment to simplifying access to cryptocurrencies and facilitating crypto mainstream adoption. With its range of innovative features, Bitget is bringing crypto investing to the fingertips of users globally.”

“The core value proposition of this industry primarily revolves around asset management and trading,” Karry, CEO of Bitget Wallet says. “We position ourselves as a trading wallet because offering asset trading services and serving as the connecting vector for asset circulation creates value by providing liquidity, facilitating price discovery, and enhancing asset availability. Focusing on trading also allows us to reach a broader user base and capture various forms of value generated within trading activities. In the future, decentralized trading will emerge as the mainstream option, with payments being a critical application scenario for wallets.”

About Bitget Wallet

Formerly known as BitKeep, Bitget Wallet is a decentralized multi-chain digital wallet that provides an all-in-one solution for a comprehensive portfolio of services, including wallet functionality, an integrated swap feature, NFT Marketplace, DApp Browser, and Launchpad. It offers reliable and secure asset management and trading services to more than 12 million users worldwide, covering 168 countries in North America, Europe, and Asia and is a top-rated wallet on both Google Play and the iOS App Store globally. Bitget Wallet currently supports over 250,000 types of cryptocurrencies across over 90 chains, including major ones such as Bitcoin, Ethereum, Arbitrum, Polygon, BNB Chain, Fantom, and Solana.

Official website:

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

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Blockchain Press Releases

Vestinda Bridges Web3 and Traditional Finance with Support for 100,000 Asset Pairs



BUCHAREST, Romania, Sept. 21, 2023 /PRNewswire/ — Vestinda, the innovative no-code trading automation platform for communities, has set a new standard in the world of finance. In a move that transforms the landscape of quant trading for retail, Vestinda now provides extensive support for all asset classes, including Forex, Stocks, Indices, ETFs, Crypto, and Commodities within its powerful no-code environment.

This expansion marks a significant milestone in Vestinda’s mission to automate trading and investment for everyone. Vestinda users can now access a comprehensive array of asset classes beyond Crypto.

We’re now getting one step closer to our vision of becoming the super-app for investment automation across multiple asset classes and accounts. Launching support for 100,000 asset pairs on our platform is a significant milestone in our journey. We’re helping individuals build complete, diversified, and automated investment portfolios. Our commitment to innovation and transparency has never been stronger, and we’re excited to see our community embrace this new era for financial markets.” – Alin Breabăn, founder of Vestinda

Vestinda’s Expansion Unleashes a Wealth of Opportunities:

  • Backtest Across Markets: Get access to 100,000 asset pairs from all global markets.
  • Risk-free Demo Trading: Users can simulate trading, learn, and get signals on their strategies.
  • Bullet-proof automation: Users can automate their strategies on top of their accounts at selected Exchanges.
  • No-Code Environment: Vestinda maintains its commitment to simplicity offering the most flexible no-code environment, and making trading strategy creation and implementation accessible to traders of all levels.

This enhancement embodies Vestinda’s commitment to equipping traders with the essential instruments to win in the ever-evolving financial arena. With access to many assets, robust backtesting capabilities, full trading execution, and an intuitive no-code environment, Vestinda empowers everyday traders to become profitable by using the technology that was available only to the financial elite.

In parallel with this product expansion, Vestinda is announcing the successful progress of its first investment round with $500,000 committed from visionary investors. The company is looking to close the first round of $600,000 to accelerate growth and build the future of investment automation.

About Vestinda

Vestinda is a pioneering trading & investing automation platform designed to empower retail traders with the tools they need to succeed in the world of finance. With a strong focus on user experience, transparency, and advanced technology, Vestinda is committed to helping millions of people grow and automate portfolios.

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