Healthcare Supply Chain Management Market

Healthcare Supply Chain Management Market Size, Share, Growth Analysis, By Component (Software, Hardware), By Delivery Mode (On-Premises, Cloud-Based), By End User (Manufacturers, Distributors), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35D2272 | Region: Global | Published Date: September, 2024
Pages: 183 | Tables: 89 | Figures: 69

Healthcare Supply Chain Management Market Regional Insights

North America is projected to account for a dominant share of the global healthcare supply chain management market. The presence of a developed healthcare infrastructure coupled with quick adoption of advanced technologies contribute to the dominance of this region. Rising digitization of the healthcare industry in this region will also help promote the demand for healthcare supply chain management going forward. Canada and the United States are slated to be the most opportune markets for healthcare supply chain management companies looking to make a mark in this region.

Growing investments in healthcare infrastructure development in the Asia Pacific region make it the most opportune market for healthcare supply chain management companies around the world. Supportive government initiatives to promote the development of healthcare IT infrastructure and rising awareness regarding the benefits of healthcare supply chain management adoption are also boosting market growth in this region. China, Japan, and India are slated to be noteworthy markets in this region going forward. Emphasis on operational efficiency in healthcare will also play in the hands of healthcare supply chain management companies in this region.

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FAQs

Global Healthcare Supply Chain Management Market size was valued at USD 2.56 billion in 2022 and is poised to grow from USD 2.76 billion in 2023 to USD 5.08 billion by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).

Developing affordable healthcare supply chain management solutions and systems should be the prime focus of all healthcare supply chain management companies going forward. Introducing standardization for healthcare supply chain management deployment will also help market players expand their business scope and overcome some major challenges. Healthcare supply chain management companies can also focus on integration of advanced technologies such as AI and IoT to enhance the capabilities of their offerings and boost revenue generation potential in the long run. 'Oracle (US) ', 'SAP SE (Germany) ', 'Infor (Koch) (US) ', 'McKesson Corporation (US) ', 'Tecsys (Canada) ', 'Global Healthcare Exchange (US) ', 'Cardinal Health (US) ', 'Corcentric (US) ', 'Epicor (US) ', 'Coupa Company (US) ', 'Manhattan Associates (US) ', 'Blue Yonder (Panasonic) (US) ', 'Jump Technologies (US) ', 'LogiTag Systems (Israel) ', 'Harris Affinity (US) ', 'Premier (US) ', 'Accurate Info Soft (India) ', 'Hybrent (US) ', 'Arvato Systems (Germany)'

Healthcare has become quite expensive around the world, and this has led to inaccessibility to people with lower spending potential. Healthcare organizations are focusing on reducing operational costs to improve accessibility, which in turn promotes the adoption of healthcare supply chain management and drives market growth.

Use of Blockchain Technology: Healthcare supply chain management companies can leverage the use of blockchain technologies to enhance the scope of their offerings. Blockchain technology provides better security and transparency without compromising the integrity of data privacy, making it a highly useful technology for healthcare supply chain management companies in the long run.

North America is projected to account for a dominant share of the global healthcare supply chain management market. The presence of a developed healthcare infrastructure coupled with quick adoption of advanced technologies contribute to the dominance of this region. Rising digitization of the healthcare industry in this region will also help promote the demand for healthcare supply chain management going forward. Canada and the United States are slated to be the most opportune markets for healthcare supply chain management companies looking to make a mark in this region.

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Healthcare Supply Chain Management Market

Report ID: SQMIG35D2272

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