Increasing demand to reduce the cost of healthcare is projected to drive the healthcare supply chain management market during the forecast period

VANCOUVER, BRITISH COLUMBIA, CANADA, January 30, 2023 /EINPresswire.com/ -- According to a recent report by Emergen Research, the global market for healthcare supply chain management is anticipated to reach a value of USD 3.67 billion by 2027. The goal of healthcare supply chain management (SCM) is to find waste, cut it down, and assist in supply chain decision-making. Additionally, it influences how well the services are provided. The market is also being fueled by the emergence of cloud-based solutions.

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.

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.

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Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Healthcare Supply Chain Management market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Healthcare Supply Chain Management market and pinpoint the fundamental growth trends.

The leading market contenders listed in the report are:

SAP SE, Oracle, Tecsys Inc., Cardinal Health, Epicor, Infor, Global Healthcare Exchange, McKesson Corporation, Manhattan Associates, Cerner

Global Healthcare Supply Chain Management Market Highlights:

Regional demand estimation and forecast

Product Mix Matrix

R&D Analysis

Cost-Benefit Analysis

Pre-commodity pricing volatility

Supply chain optimization analysis

Technological updates analysis

Raw Material Sourcing Strategy

Competitive Analysis

Mergers & Acquisitions

Location Quotients Analysis

Carbon Footprint Analysis

Patent Analysis

Vendor Management

Key Parameters Analyzed in This Section:

Company Profiles

Gross Revenue

Profit margins

Product sales trends

Product pricing

Industry Analysis

Sales & distribution channels

Regional Segmentation:

North America

Latin America

Europe

Middle East & Africa

Asia Pacific

Key Points Covered in This Section:

Regional contribution

Estimated revenue generation

Vital data and information about the consumption rate in all the leading regional segments

An expected rise in market share

Forecast growth in the overall consumption rate

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Key Highlights of Report

In December 2020, Sterling Healthcare Logistics announced the acquisition of ABS Vaccines, thereby expanding its product/service portfolio. The acquisition would strengthen Sterling’s mission to provide an innovative solution that would increase efficiency across the healthcare sector.

The procurement software enables hospitals to monitor the cost of supplies and services while making the entire procure-to-pay process simple. This type of software removes time-consuming tasks while reducing cost and enhancing the vendor’s experience.

The cloud-based delivery mode segment is expected to register the most rapid CAGR during the forecast period. Cloud helps in sharing and integrating information from different locations. It also reduces the cost of installation and maintenance.

North America held the largest market share in the year 2019, owing to presence of key market players and adoption of advanced technologies in the region. The U.S. holds a major share of the market in the region, due to presence of a well-established healthcare system in the region.

 Market Overview:

The report bifurcates the Healthcare Supply Chain Management market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

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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Key reasons to buy the Global Healthcare Supply Chain Management Market report:

The latest report comprehensively studies the global Healthcare Supply Chain Management market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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Aircraft Heat Exchanger Market About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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