The Healthcare Supply Chain Market was valued at USD 1.93 billion in 2019 and is expected to grow at a CAGR of 5.23% during the forecast period, 2021–2029.

Healthcare Supply Chain Market 2021

The healthcare supply chain includes all activities related to the manufacturing, transportation, and storage of healthcare products. Healthcare is one of the fastest-growing industries but faces a key challenge in the form of the high cost of services. In the era of technology, companies are adopting various methods to reduce the cost of supply chain in healthcare. Some of the steps taken by the companies include automation of manual processes during manufacturing, reduction of waste formed during the manufacturing of products, and establishment of a trade relationship among suppliers, partners, and customers.

Impact of COVID-19 - 

Most of the global top ten medical device companies have manufacturing centers in China. As one of the top six manufacturing innovation cities in China, Wuhan leads to complex medical device manufacturing in the domestic market, which accounts for half of the medical laser equipment market. Wuhan was the epicenter of the COVID-19 outbreak, from where the disease quickly spread around the world.

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The Major Manufacturers Covered in this Report:
Players in the healthcare supply chain market are focusing on different developmental approaches, such as mergers, acquisitions, product launches, and partnerships, to expand their businesses in untapped and potential markets. Market leaders are observed to be adopting both inorganic and organic growth strategies to further cement their market position. The market is consolidated with SAP (Germany), Oracle (The U.S.), Infor (The U.S.), GHX (The U.S.), McKesson (The U.S.), TECSYS (Canada), Manhattan Associates (The U.S.), JDA Software (The U.S.), Jump Technologies (The U.S.), and LogiTag Systems (Israel) as a few of the notable participants. 

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029

Market Segmentation:

By Component

Software application
Supplier management software
Inventory management software
Other software application
Hardware type
Barcode scanner
RFID
Other hardware types

By Delivery Mode

On-premise
Cloud-based

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Healthcare Supply Chain Market along with their company profiles, SWOT analysis, latest advancement and business plans.

The analysis objectives of the report are:

To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Healthcare Supply Chain Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Healthcare Supply Chain Market sub-markets, depending on key regions (various vital states).
To analyze the Global Healthcare Supply Chain Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Healthcare Supply Chain Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Healthcare Supply Chain Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

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