Global Healthcare Supply Chain Management Market 2018 Industry Demand, Segment, Statistics Report 2024

We have produced a new premium report Healthcare Supply Chain Management Market. The report covers the analysis of global as well as regional markets of Healthcare Supply Chain Management. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Healthcare Supply Chain Management Market by component (hardware and software), deployment model (on-premises and cloud-based) and end-user (pharmacy and laboratory) through main geographies in the global market such as North America, Europe, Asia-Pacific and RoW.

The report covers market changing dynamics including drivers, restraints, opportunities, and trends expected to encourage the expansion of the Healthcare Supply Chain Management Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Healthcare Supply Chain Management Market are Mckesson, Oracle, Cardinal Health, Cerner, Microsoft, Airclic, Solstice Medical, Epicor, Manhattan Associates, Mayo Clinic and Infor.

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North America to Dominate the Healthcare SCM Market Worldwide through 2018-2024

The increase in implementation of technologically advanced solutions for automation to maintain the records for supply chain and provide the error-free information, leading pharmaceutical companies such as Johnson & Johnson, Novartis, GlaxoSmithKline, Merck & Co, and other companies are using the supply chain management solution to maintain records and trace their deliveries. Thus the presence of leading pharmaceutical companies is likely to drive the healthcare supply chain management market in North America. The demand for supply chain management system in healthcare is high in the U.S. The growth in Asia-Pacific is mainly driven by emerging countries such as India, China, and Japan and the growing healthcare sector.

Adoption of New Technologies to Improve Outcome and Smooth Flow of Information Throughout the Entire Supply Chain.

The substantial rise in the healthcare and pharmaceutical sector is likely to boost the growth of the market. The manufacturing companies (producers), wholesalers and distributors (purchasers), and hospitals, pharmacies, and clinics (providers) are three main streams in health care where supply chain management is used. The healthcare supply chain management helps for financial management, labor optimization, and smooth flow of information throughout the entire supply chain. The need for health care organizations to improve results and decrease costs will drive the adoption of new technologies, new patient-centered delivery methods, new data-driven strategies, new supply chain leaders and new types of provider-supplier contracts. The need for cloud-based solutions to keep the record, track and trace the delivery of drug or device that are shipped is covered in the supply chain management.

Growing Efforts for High-Quality Services to Deliver on Time is Likely to Boost the Growth of the Market

The implementation of an inventory management system with the GS1 system of standards in healthcare removes counterfeit products and reduces the human errors thus increasing the patient’s safety. In addition, growing efforts for high-quality services to deliver on time, increasing dispersion and implementation of various components such as software and cloud-based solutions, and technological advancements in automation of the processes is likely to boost the growth of the market.

Mergers and Acquisitions to Remain Key Expansion Strategies of the Leading Players in the Healthcare SCM Market between 2018 and 2024.

The merger and acquisition and business expansion are the key strategies of the leading player in this market. For instance, Allscripts Healthcare Solutions, Inc. acquired McKesson's Health Information Solutions business, in 2017. Cardinal Health signs definitive agreement to sell its China business to Shanghai Pharmaceuticals Holding Co., Ltd, in 2017. The sale includes Cardinal Health's pharmaceutical and medical products distribution business in China.

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Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global healthcare supply chain management market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of healthcare supply chain management market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the healthcare supply chain management market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the healthcare supply chain management market to understand the present and future trends in this market and formulate their strategies accordingly.

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