The healthcare supply chain management market is expected to be valued at USD 3.67 billion in 2027 from USD 2.04 billion in 2019, registering a CAGR of 7.6% through the forecast period, according to a recent report by Emergen Research.
The aim of supply chain management (SCM) in healthcare is to identify and eliminate waste and assist in decision-making in the supply chain. It also adds to the performance of the services provided. Also fueling the demand is the rise of cloud-based solutions.
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Top Key market participants include: SAP SE, Oracle, Tecsys Inc., Cardinal Health, Epicor, Infor, Global Healthcare Exchange, McKesson Corporation, Manhattan Associates, and Cerner.
Key Highlights from Report
In the year 2019, North America retained the largest market share due to the presence of key market players and the region's adoption of advanced technologies. Due to the existence of a well-established health care system in the country, the U.S. holds a large share of the market in the region.
For the purpose of this report, Emergen Research has segmented the global healthcare supply chain management market based on component, delivery mode, end-user, and region:
- Regional Outlook (Revenue, USD Billion; 2017–2027)
- North America
- S.
- Canada
- Europe
- Germany
- K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- Rest of MEA
- North America
Exploring growth rate over a period
Business owners looking to scale up their business can refer this report that contains data regarding the rise in sales within a given consumer base for the forecast period, 2020 to 2027. Product owners can use this information along with the driving factors such as demographics and revenue generated from other products discussed in the report to get a better analysis of their products and services. Besides, the research analysts have compared the market growth rate with the product sales to enable business owners to determine the success or failure of a specific product or service.