Healthcare Supply Chain Management Market Analysis, Trends, Industry Analysis Size, Business Scenario, Share, Growth Report and Forecast 2027

The Global healthcare supply chain management market is expected to reach a value of $3.67 billion by 2027. research. The goal of healthcare supply chain management (SCM) is to identify and reduce waste and aid in supply chain decision making. It also contributes to the quality of the services provided. The emergence of cloud-based solutions is also fueling the market.

Rising health expenditure requires greater efficiency in service delivery. Hospital supply chain management faces a variety of economic, environmental and social challenges. The growing awareness of healthcare supply chain management has increased the global demand for it. Meanwhile, the lack of healthcare supply chain management research and the complex nature of healthcare supply chain management is limiting the market.

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The cloud-based transportation mode segment is expected to register the fastest CAGR during the forecast period. The cloud makes it possible to share and unify information from different locations. It also reduces installation and maintenance costs.

Market factors:

Relentless efforts by leading players to develop new and modern technologies and product advancements are expected to drive the growth of the industry in the coming years. This report studies a wide range of business expansion plans and developments in R&D activities and product portfolios. The report provides a clear understanding of the alliances in the market such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate transactions.

The main stakeholders are: SAP SE, Oracle, Tecsys Inc., Cardinal Health, Epicor, Infor, Global Healthcare Exchange, McKesson Corporation, Manhattan Associates and Cerner.

The report also examines changes in demand and emerging trends that are expected to drive market growth. The growing demand for medical supply chain management market products is expected to drive the demand for digital biomarkers market, driving the growth of the industry. The report also studies the impact of the COVID-19 pandemic on the market.

Key Highlights of the Healthcare Supply Chain Management Market Report:

In December 2020, Sterling Healthcare Logistics announced the acquisition of ABS Vaccines, expanding its product/service portfolio. This acquisition will reinforce Sterling’s mission to provide innovative solutions that increase efficiency in healthcare.

Procurement software allows hospitals to monitor the costs of supplies and services while simplifying the entire process from procurement to payment. This type of software eliminates time-consuming tasks while reducing costs and improving the supplier experience.

The cloud-based transportation mode segment is expected to register the fastest CAGR during the forecast period. The cloud makes it possible to share and unify information from different locations. It also reduces installation and maintenance costs.

North America held the largest market share in 2019 owing to the presence of major market players and the adoption of advanced technologies in the region. The United States holds a large share of the market in this region as it has a well-established healthcare system in the region.

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Furthermore, the report sees from the point of view of the producer and the consumer. It also provides valuable recommendations for new and existing players in the global Healthcare Supply Chain Management market. It also offers valuable insights for new and existing players in the global Healthcare Supply Chain Management Market.

The main objectives of the report are:

  • Interventional Oncology Devices Market Size and Share Analysis and Estimation for the Forecast Period 2020-2027
  • In-depth analysis of key market players with SWOT analysis and Porter’s Five Forces analysis to provide a clear understanding of the competitive landscape
  • A study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks in the global Interventional Oncology Devices market.
  • Analysis of the growth prospects of players and investors through research on growth segments
  • Strategic recommendations for existing players and new entrants to capitalize on emerging growth opportunities

Emergen Research has segmented the global healthcare supply chain management market as follows:

For the purposes of this report, Emergen Research has segmented the global healthcare supply chain management market on the basis of component, delivery mode, end-user, and region as follows:

Components Outlook (Revenue, $1 Billion, 2017-2027)

Software

purchasing management software

procurement software

Strategic Sourcing Software

supply management software

Capital purchase software

transportation management software

inventory management software

warehouse management software

implant management software

order management software

shipping management software

organization management software

Equipment

Barcodes and barcode scanners

RFID tags and readers

system

Other

Regional districts of the Healthcare Supply Chain Management market include:

North America (USA, Canada)

Europe (UK, Italy, Germany, France, other EU)

Asia Pacific (India, Japan, China, Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

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