Healthcare SCM Market Size, Share, Analysis, Demand, and Forecast 2023 to 2030 | Cardinal Health, Cerner, Mckesson, Oracle

Published September 22, 2023

Infinity Business Insights has published a comprehensive report on the Global Healthcare SCM Market category that provides a detailed analysis of the sector’s growth forecasts from 2023 to 2030. The report evaluates industries as well as the classification and standards of the Healthcare SCM market using a complete and methodical methodology, resulting in the acquisition of accurate and reliable quantitative as well as qualitative Healthcare SCM market data analysis.

The healthcare supply chain management (SCM) market has witnessed significant recent developments, spurred by technological advancements, increasing healthcare spending, and the need for efficient and cost-effective supply chain operations. One of the noteworthy trends is the adoption of blockchain technology to enhance transparency and traceability in the pharmaceutical supply chain. This has led to reduced instances of counterfeit drugs and better management of the pharmaceutical inventory. Additionally, the COVID-19 pandemic exposed vulnerabilities in the healthcare SCM, driving the development of agile and resilient supply chain strategies, including stockpile management, demand forecasting, and distribution optimization.

The global healthcare SCM market is expected to reach USD 1.3 trillion by 2030, growing at a CAGR of 8.2% from 2023 to 2030.

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Top Companies in the Global Healthcare SCM Market:

Cardinal Health, Cerner, Mckesson, Oracle, Airclic, Binary Stream, Epicor, Genco, GHX, Infor, JDA Software, Manhattan Associates, Mayo Clinic, Microsoft, Solstice Medical, SAP, TECSY

Healthcare SCM Market Segmentation Research

Healthcare SCM Market Segmentation Research allows you to categorize industry into various segments based on types, applications, end-users, and regions.

Segmentation for Global Healthcare SCM Market Based on Product Type and Application

 Healthcare SCM by Types

Supply Chain Planning

Warehouse Management System

Healthcare SCM by Application

Healthcare Manufacturers

Healthcare Providers

Healthcare Distributors

 From a regional perspective, the healthcare SCM market displays varying dynamics across different geographies. In North America, the market is characterized by a robust emphasis on regulatory compliance and the integration of advanced technologies like RFID and IoT for real-time tracking and monitoring of medical supplies. Europe has been focusing on optimizing the supply chain for medical devices and pharmaceuticals, with an emphasis on ensuring the timely and efficient delivery of healthcare products. In the Asia-Pacific region, the market is witnessing rapid growth due to increasing healthcare infrastructure development and the expansion of pharmaceutical manufacturing capabilities, especially in countries like India and China.

The future growth of the healthcare SCM market appears promising, driven by several factors. The ongoing digitization of healthcare operations, such as electronic health records and telemedicine, will necessitate more efficient supply chain management to ensure timely access to medical supplies and equipment. Furthermore, the growing global population and the aging demographic will result in increased demand for healthcare services and products, necessitating streamlined SCM processes to reduce costs and enhance patient care. The emergence of personalized medicine and gene therapies will also create unique challenges and opportunities in SCM, as these treatments require precise and tailored supply chain strategies.

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 The scope of the market extends beyond traditional supply chain operations, as healthcare organizations increasingly adopt value-based care models, which emphasize quality outcomes and cost efficiency. This shift will require SCM solutions that prioritize data analytics, performance metrics, and collaboration among stakeholders to achieve better patient care and financial sustainability. Additionally, the integration of artificial intelligence and machine learning into SCM will enable predictive analytics for demand forecasting and inventory optimization, further enhancing the efficiency of healthcare supply chains.
Healthcare SCM Market research FAQs:
1. What is a Healthcare SCM market in an industry?
2. Which are the competitors in the Industry?
3. What’s trending in the Healthcare SCM  industry and in the eyes of buyers?
4. Who makes up the market and what their challenges are?
5. How to calculate market share size?
6. What is the relationship between Healthcare SCM market demand and supply?
7. How do you identify a market opportunity?

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