Press release
Healthcare Supply Chain Management Market – Latest and updated Scope and Application 2020-2027
Research Dive
Due to outbreak of COVID-19 the world is facing an unexpected change and many of the industries are facing tough situations. The COVID-19 outbreak has an optimistic impact on the global healthcare supply chain management market. Healthcare supply chain management includes various process such as obtaining resources, management of supplies, and delivery of goods & services to different providers and patients. Managing supply chain in healthcare is complex procedure and involves fragmented measures. It offers various benefits such as it enhances customer service, reduces operating cost, and enhances financial position.
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For instance, supply chain management in healthcare decrease purchasing cost owing to the dependency of retailers on supply chains to deliver expensive products that helps to avoid holding costly inventories in various stores longer than required. Thus it aids to reduce operation cost by cutting purchasing cost, decreasing production cost, and decreases total supply chain cost. During this coronavirus crisis situation, we are helping our clients in understanding the impact of COVID-19 on the global healthcare supply chain management market.
Our report includes:
• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact
According to a new report published by Research Dive, the global healthcare supply chain management market is anticipated to generate revenue of $3.7 billion by the end of the forecast period.
The global healthcare supply chain management market is segmented on the basis of component, delivery mode, end-user, and region. As per our analysts, mounting preference among healthcare industry to reduce operating cost has increased the demand of the global healthcare supply chain management market. However, there are several factors such as hidden costs, drug shortage, and data storage are the factors that are expected to restrain the market growth. For example, providers in healthcare industry are focused mainly on the product cost and shipping cost. However, there are other expenses such as inventory holding cost.
The Software Component Type is expected to observe lucrative growth in the forecast period:
Based on the component, the global market is divided into hardware and service. Among these, software component type is anticipated to observe lucrative growth till 2027. Rising number of people purchasing products online and digitalized payment methods has enhanced the demand of the software segment in the global market. In addition, technological advancements such as utilization of AI along with software development are predicted to enhance the development of the software component segment.
The On-Premise Deliver Mode Segment is anticipated to Dominate the Market in terms of Revenue Generation:
Based on the delivery mode, the global healthcare supply chain management market is fragmented into on-premise, cloud based, and web-based. Among these, the on-premise delivery mode segment is anticipated to dominate the market in terms of revenue. Healthcare industry prefer on-premise delivery mode that has enhanced the demand of this segment. However, cloud segment is also predicted to rise with healthy CAGR owing to the ability to share data between organizations and it also helps it integrate the data from multiple locations with ease.
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Manufacturers End-User type is expected to have Rapid Growth till 2027:
Based on the end-user, the global healthcare supply chain management market is divided into healthcare providers, distributors, manufacturers, and logistics. The manufacturers are anticipated to grow with healthy CAGR till 2027. Constant rise in the demand of healthcare products from patients, distributors, and hospitals, and rise in the demand of the manufacturers are anticipated to look forward to adopt the service of supply chain management that helps to fulfill the needs at reduced cost.
Regional Outlook and Major Market Players:
The global healthcare supply chain management market is studied across North America, Europe, Asia-Pacific, and LAMEA. Among these, the North America region is the major revenue generator in the forecast period. North America region is concentrating more on the healthcare industry to offer better hospitality to patients owing to the rise in the awareness among quality of healthcare treatment.
There are several players in the global market but major key-players in the global market includes Manhattan Associates, Blue Yonder Group Inc., Cerner, Jump Technologies, Logi Tag Systems, Harris Affinity, Premier, Accurate Info Soft, Hybrent, Arvato Systems, and others.
Mr. Abhishek Paliwal
Research Dive
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Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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