The global Supply Chain Management in Healthcare market is estimated to reach value of USD 3.67 Billion by 2027, according to a current analysis by Emergen Research. Focus of Supply Chain Management in Healthcare (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.
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 Supply Chain Management in Healthcare. 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.
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Competitive Outlook:
The global Supply Chain Management in Healthcare market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Supply Chain Management in Healthcare market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Key players include SAP SE, Oracle, Tecsys Inc., Cardinal Health, Epicor, Infor, Global Healthcare Exchange, McKesson Corporation, Manhattan Associates, and Cerner.
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Emergen Research has segmented the global Supply Chain Management in Healthcare 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
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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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Questions addressed in the report:
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for Supply Chain Management in Healthcare in the near future?
What is the regulatory framework governing the application of Supply Chain Management in Healthcare in the food industry?
Which manufacturing processes are utilized for the production of Supply Chain Management in Healthcare?
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