Technology In Healthcare Supply Chain Management Market Forecast to 2025: How it is Going to Impact on Global Industry to Grow in Near Future

Healthcare supply chain management is the regulation of the flow of medical goods and services from manufacturer to patient. However, by promoting efficiency in the healthcare supply chain, hospitals and physician practices can create substantial cost-reducing opportunities across their organization.

Healthcare Supply Chain Management is the regulation of the flow of medical goods and services from manufacturer to patient, it mainly includes hardware and software, the downstream customer mainly includes the manufacture, providers, and distributors.

 

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Scope of the Report:

This report studies the Healthcare Supply Chain market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Healthcare Supply Chain market by product type and applications/end industries.

 

The health care supply chain involves three main groups: manufacturers (manufacturing companies), distributors, and providers (hospitals, pharmacies, and clinics). In terms of component, its divisions include software (revenue market share over 62% in 2016) and hardware(revenue market share about 38% in 2016).

 

The former accounted for a major share in the global market in 2016, due to increased adoption of the supply chain management software, and rising applications such as customer relationship management and execution of value chain transactions. This segment is expected to register a prominently high CAGR (about 9%) during the forecast period.

 

By end-user, this market includes manufacturers (41%), distributors (41%), and providers(41%), of which the manufacturers dominated the global market in 2016. However, the providers segment, which includes hospitals and other service providers, is anticipated to reflect a higher CAGR during the forecast period.The health care supply chain involves three main groups: manufacturers (manufacturing companies), distributors, and providers (hospitals, pharmacies, and clinics).

 

 In terms of component, its divisions include software (revenue market share over 62% in 2016) and hardware(revenue market share about 38% in 2016). The former accounted for a major share in the global market in 2016, due to increased adoption of the supply chain management software, and rising applications such as customer relationship management and execution of value chain transactions. This segment is expected to register a prominently high CAGR (about 9%) during the forecast period.

 

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By end-user, this market includes manufacturers (41%), distributors (41%), and providers(41%), of which the manufacturers dominated the global market in 2016. However, the providers segment, which includes hospitals and other service providers, is anticipated to reflect a higher CAGR during the forecast period.

 

The global market is driven by factors such as a growing focus on supply chain management by the health care industry to effectively reduce costs, rising efforts to deliver high-quality services on time, increasing penetration and adoption of various components such as software and cloud-based solutions, and technological advancement.

 

The global Healthcare Supply Chain market is valued at million USD in 2017 and is expected to reach 2480 million USD by the end of 2023, growing at a CAGR of 8.8% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

 

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Healthcare Supply Chain.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

 

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Market Segment by Companies, this report covers

McKesson

SAP SE

Oracle Corporation

Infor

HighJump

Manhattan Associates

JDA

TECSYS

Kinaxis

BluJay Solutions

Jump Technologies

LogiTag Systems

 

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

 

Market Segment by Type, covers

Software

Hardware

 

Market Segment by Applications, can be divided into

Manufacturers

Providers

Distributors

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