Healthcare Supply Chain Management Market Size, Share, And Growth Report 2032

Table Of Content

Methodology

Free Analysis

Healthcare supply chain management deals with the informational and physical resources needed for delivering services to the end-users. Healthcare supply chain management consists of all activities associated with manufacturing, procuring, storing, and transportation of the different product types such as surgical supplies, medical devices, and pharmaceuticals.

The healthcare supply chain management market is witnessing significant growth owing to factors such as a rising focus on supply chain management by the healthcare industry to effectively lower the costs. Also, the efforts to deliver high-quality services on time, increasing penetration and adoption of various components such as software and cloud-based solutions and technological advancements in automation of the processes are some of the factors augmenting the market growth. In addition, growing pressure faced by hospitals to improve operational efficiency and pro hardware ability is also expected to boost the market growth in the forecast period.

Based on the component type the market is segmented into hardware, software, and services. On the basis of deployment, the market is segmented into on-premise and cloud-based. Based on end users the market is segmented into manufacturers, distributors, healthcare providers and others.

The healthcare supply chain management market is segmented into major regions which include North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America is anticipated to account for major share of the global market. The growth is dedicated to the increasing incidence of chronic diseases coupled with the presence of major market players, and implementation of favorable government initiatives in the region. Moreover, this regional segment is estimated to witness the highest growth during the forecast period, primarily due to the consolidation of hospitals and rapid increment in a number of conferences in the region. The markets in various other developing economies such as Brazil, Russia, Korea, and India are also expected to witness a rapid growth throughout the forecast period due to rising per capita disposable income and surge in the global economy expected to bring impetus in the growth of the market in these countries during the forecast period.

Some of the key players in the healthcare supply chain management market are SAP AG Group, Oracle Corporation, McKesson Corporation, Providence Health & Services, Geisinger Health System, AmerisourceBergen, Intermountain Healthcare, Advocate Health Care and others. Companies in this market are focused on growth strategies such as agreements, partnerships, collaborations, and alliances, new acquisitions and expansions to enter new markets and increase customer base.