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Extensive Overview on Global Healthcare SCM Market to Grow steadily at a CAGR of 10% over the 2016-2020
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Technavios research analyst predicts the global healthcare SCM market to grow steadily at a CAGR of 10% over the next four years. The need to improve traceability in the healthcare SCM system is the primary growth driver for this market. Healthcare SCM helps organizations with labor optimization, financial management, and smooth flow of information throughout the entire supply chain.
Over the years, many SCM software solutions have been developed by the leading players in this market in a bid to reduce errors related to procurement of healthcare devices. Ongoing efforts to implement GS1 standards as a tool to improve healthcare SCM systems will further augment the adoption of SCM in the healthcare sector during the forecast period.
Segmentation and analysis of the healthcare SCM market
Supply chain planning
Warehouse management system
The supply chain planning segment dominated the market in 2015 with a market share of close to 80%. Supply chain planning solutions provide real-time information about the shipment of the products, which enhances traceability.
Geographical segmentation and analysis of the healthcare SCM market
Americas
APAC
EMEA
The Americas accounted for approximately 55% of the market share in 2015. The growth of the healthcare SCM market in the region can be attributed to the healthcare reforms implemented by different countries such as the Affordable Care Act in the US, which is also known as ObamaCare. The need to enhance supply-chain systems in the Americas is primarily driven by risk management and compliance issues.
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Competitive landscape and key vendors
Competition among the vendors in the global healthcare SCM market is fierce because of the presence of numerous player. The role of IT in healthcare services is becoming important and vendors are consistently investing in developing new products and services for healthcare SCM. Firms are also adopting market consolidation strategies to expand their business globally.
The leading vendors analyzed in this report are -
Cardinal Health
Cerner
Mckesson
Oracle
Other prominent vendors in the market include Airclic, Binary Stream, Epicor, Genco, GHX, Infor, JDA Software, Manhattan Associates, Mayo Clinic, Microsoft, Owens & Minor, ROi, Solstice Medical, SAP, TECSYS, and UPS.
Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global healthcare SCM market?
What are the key market trends impacting the growth of the healthcare SCM market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global healthcare SCM market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the five forces analysis of the healthcare SCM market?
Technavio also offers customization on reports based on specific client requirement.
Related reports:
Global Healthcare IT Outsourcing Market 2015-2019
SaaS-Based SCM Market 2015-2019
Global Healthcare Information Systems Market 2015-2019
Global Supply Chain Management (SCM) Software Market 2014-2018
Global SCM BPO Market 2014-2018
Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Five forces analysis
PART 06: Market segmentation by application
Global healthcare SCM market by application
PART 07: Geographical segmentation
Global healthcare SCM market by geography 2015
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Mr. Nachiket
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