Healthcare Supply Chain Management Market Revenue, Forecast, Overview and Key Companies Analysis by 2028

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.

Another driving factor is increase in the demand for better patient care and stringent government regulations. Advancements in technology, such as the Internet of Things (IoT) and cloud storage, have boosted the demand for healthcare supply chain management. Since supply chain objectives are not always aligned within hospitals, the market can be fragmented and inefficient. The supply chain management providers might prefer to use a product because they were trained with it, whereas hospital’s purpose is to procure a quality product which it can afford.

The report provides detailed insights into Healthcare Supply Chain Management market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Healthcare Supply Chain Management market size over the forecast period, 2020–2028. The report includes profiles of major players in the Healthcare Supply Chain Management market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Healthcare Supply Chain Management market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Healthcare Supply Chain Management market.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Healthcare Supply Chain Management market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Healthcare Supply Chain Management market revenue growth to a significant extent over the forecast period.

Top key vendors in Healthcare Supply Chain Management Market include are:

SAP SE,

Oracle,

Tecsys Inc.,

Cardinal Health,

Epicor, Infor,

Global Healthcare Exchange,

McKesson Corporation,

Manhattan Associates, and

Cerner.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

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

Delivery Mode Outlook (Revenue, USD Billion; 2017–2027)

On-premises Delivery
Cloud-based Delivery

End-user Outlook (Revenue, USD Billion; 2017–2027)

Manufacturers
Providers
Distributors

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Healthcare Supply Chain Management Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Healthcare Supply Chain Management industry

North America Healthcare Supply Chain Management market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Healthcare Supply Chain Management growth strategies and initiatives.

Asia Pacific Healthcare Supply Chain Management market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Healthcare Supply Chain Management market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Healthcare Supply Chain Management market revenue growth in Asia Pacific.

Europe Healthcare Supply Chain Management market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Healthcare Supply Chain Management market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Healthcare Supply Chain Management revenue growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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The research provides answers to the following key questions:

What will be the growth rate and the market size of the Healthcare Supply Chain Management industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Healthcare Supply Chain Management market across different regions?
Who are the major driving forces expected to decide the fate of the Healthcare Supply Chain Management industry worldwide?
Who are the prominent market players making a mark in the Healthcare Supply Chain Management market with their winning strategies?
Which Healthcare Supply Chain Management industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Healthcare Supply Chain Management market?

Table of Content

Chapter 1. Methodology Sources

1.1. Healthcare Supply Chain Management Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Healthcare Supply Chain Management Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028