The global healthcare supply chain management market is estimated to reach value of USD 3.67 Billion by 2027, according to a current analysis by Emergen Research. Focus of healthcare supply chain management (SCM) is to identify and reduce waste and help in supply chain decision making. It also contributes to the quality of the services offered. Emergence of cloud-based solutions is also fueling the market.
Increasing expenditure on healthcare requires higher efficiency in the delivery of services. Hospital supply chain management is confronted by different economic, environmental, and social issues. Growing awareness about healthcare supply chain management has propelled the demand for the same across the globe. On the other hand, lack of research in healthcare supply chain management and complex nature of the healthcare supply chain management are restraining the market.
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The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
Competitive Outlook:
The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Healthcare Supply Chain Management Market . It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.
Top Companies Profiled in the Healthcare Supply Chain Management Market Report Include : SAP SE, Oracle, Tecsys Inc., Cardinal Health, Epicor, Infor, Global Healthcare Exchange, McKesson Corporation, Manhattan Associates, and Cerner.
Key Highlights From The Report :
Software Segment Revenue to Expand at a Rapid CAGR:
Software segment is expected to register a rapid revenue CAGR over the forecast period attributed to rising government initiatives towards digitalization, growing number of online purchases (especially during COVID-19 pandemic), and developments in software based solutions. In addition, inventory management software minimizes aged inventory and deadstock, automate manual inventory tasks, offers easy inventory processing and higher productivity that are expected to further boost revenue growth of the segment.
Manufacturers Segment to Register Significant Revenue Growth:
Manufacturers segment is expected to register significant revenue growth over the forecast period due to presence of a vast number of manufacturing hubs in the healthcare industries and growing adoption of SaaS in pharmaceutical manufacturing sections to develop cost structure system and reduce maintenance.
North America to Account for Largest Revenue Share:
North America is expected to account for largest revenue share in the global market over the forecast period due to rising prevalence of chronic diseases, presence of a well-established healthcare system, and growing demand for cloud computing in healthcare sector. Further, increasing use of RFID tracking by manufacturers to curb counterfeit pharmaceuticals and rising penetration of SCM services are some other factors expected to contribute to market growth in the region.
Browse Detailed Summary of Research Report @ https://www.emergenresearch.com/industry-report/healthcare-supply-chain-management-market
The report strives to offer authentic information about the Healthcare Supply Chain Management Market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
For the purpose of this report, Emergen Research has segmented the global healthcare supply chain management market based on component, delivery mode, end-user, and region as follows:
Component Outlook (Revenue, USD Billion; 2017–2027)
- Software
- Purchasing Management Software
- Procurement software
- Strategic Sourcing Software
- Supply Management Software
- Capital Purchasing Software
- Transportation Management Software
- Inventory Management Software
- Warehouse Management Software
- Implant Management Software
- Order Management Software
- Consignment Management Software
- Tissue Management Software
- Hardware
- Barcodes & Barcode Scanners
- RFID Tags & Readers
- Systems
- Others
- Purchasing Management Software
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Regional Overview:
The global Healthcare Supply Chain Management Market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Healthcare Supply Chain Management Market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements
This survey provides answers to the following important questions:
What is the expected growth rate of the Healthcare Supply Chain Management Market ? What is the market size for the forecast period from 2018 to 2027 ?
What are the main drivers of changing the course of the industry?
Who are the major vendors dominating the Market industry in different regions? What are their winning strategies to stay ahead of the competition?
What are the market trends for Healthcare Supply Chain Management Market that business owners can trust in the next few years?
What are the threats and challenges that are expected to limit the progress of Healthcare Supply Chain Management Market industry in different countries?
What are the main opportunities available to employers during the forecast period from 2018 to 2027 ?
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About Emergen Research
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