Increasing Adoption Of Cloud Computing Is Driving Market Growth Driver: Leading Transformation in the Digital Healthcare Supply Chain Management Market in 2025

What Are the Projected Growth and Market Size Trends for the Digital Healthcare Supply Chain Management Market?_x000D_
The market size of digital healthcare supply chain management has seen considerable growth in the past few years. The market, which is projected to expand from $3.51 billion in 2024 to $3.95 billion in 2025, is expected to witness a compound annual growth rate (CAGR) of 12.5%. The past growth can be linked to factors such as a rise in demand for transparency, heightened awareness about environmental consequences, augmenting demand for inventory optimization, an increased focus on data security, and a growing stress on patient feedback._x000D_
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The size of the market for digital healthcare supply chain management is projected to expand significantly in the coming years. It is expected to reach $6.27 billion by 2029, with a compound annual growth rate (CAGR) of 12.3%. This growth during the predicted period can be associated with the growth of healthcare markets, the proliferation of telehealth, the transition towards value-based care, partnerships with tech startups, and the rise of e-commerce. The expected trends during this period encompass advanced forecasting tools, automated inventory management systems, solutions for remote monitoring, the application of artificial intelligence in discerning demand, and intelligent warehousing solutions._x000D_
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What Is Driving the Growth Trajectory of the Digital Healthcare Supply Chain Management Market?_x000D_
The rise in the utilization of cloud computing is anticipated to drive the expansion of the digital healthcare supply chain management market in the future. Cloud computing involves the provision of computing services like servers, storage, databases, networking, software, and analytics over the internet as needed. The growing acceptance of cloud computing can be attributed to its scalability, cost efficiency, flexibility, improved collaboration, and the capability to access applications and resources from anywhere with an internet connection. By facilitating efficient data sharing, enhancing inventory tracking, and providing real-time analytics, digital healthcare supply chain management contributes to the effectiveness of cloud computing, leading to optimized operations and improved patient outcomes. For instance, as per Eurostat, an intergovernmental organization based in Luxembourg, in December 2023, 42.5% of EU enterprises adopted cloud computing, mainly for managing their e-mail systems and storing files electronically, reflecting a rise of 4.2% compared to 2021. Hence, the escalated use of cloud computing is fuelling the growth of the digital healthcare supply chain management market._x000D_
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Which Leading Companies Are Shaping the Growth of the Digital Healthcare Supply Chain Management Market?_x000D_
Major companies operating in the digital healthcare supply chain management market are McKesson Corporation, Cardinal Health Inc., International Business Machines (IBM) Corporation, Oracle Corporation, SAP SE, Siemens Healthineers AG, Medline Industries Inc., Infosys Limited, Henry Schein Inc., Avery Dennison Corporation, Vizient Inc., Infor LLC, Veeva Systems Inc., Palantir Technologies Inc., Epicor Software Corporation, InterSystems Corporation, West Monroe Partners LLC, Global Healthcare Exchange LLC, Tecsys Inc., Rishabh Software Pvt Ltd., SYMPLR Inc., Terso Solutions Inc., KareXpert Technologies Pvt Ltd., Mika-Health Inc., Jump Technologies Inc._x000D_
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Which Key Developments Are Influencing the Digital Healthcare Supply Chain Management Market?_x000D_
Several major corporations in the digital healthcare supply chain management market are centering their efforts on democratizing the use of sophisticated digital tools through low-technical configuration landscapes like a no-code network digitalization platform. This enhances the efficacy and adaptability of supply chain operations. This type of platform is a software solution empowering users to build, amend, and regulate digital procedures and workflows without a requirement for traditional coding abilities. For example, TraceLink, an American software company, launched the Opus platform in September 2024. This platform represents a significant enhancement in supply chain management, aiming to ease the digital transformation of comprehensive supply networks. It offers exclusive features including a no-code design environment, facilitating users to arrange intricate supply chain workflows sans extensive technical prowess, real-time monitoring of supply chain performance through combined reports and dashboards, along with collective intelligence attributes that allow for cooperative decision-making across several enterprises to foresee and avert any supply disruptions._x000D_
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What Are the Key Segments of the Digital Healthcare Supply Chain Management Market?_x000D_
The digital healthcare supply chain management market covered in this report is segmented -_x000D_
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1) By Product: Software, Hardware, Services_x000D_
2) By Deployment: On-Premise, Cloud-Based, Web-Based_x000D_
3) By End-User: Pharmaceuticals, Medical Devices, Biotechnology And Vaccines, Clinical And Point Of Care Diagnostics_x000D_
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Subsegments:_x000D_
1) By Software: Supply Chain Planning Software, Inventory Management Systems, Transportation Management Systems, Order Management Systems, Analytics And Reporting Software, Others_x000D_
2) By Hardware: RFID Systems, Barcode Scanners, IoT-Enabled Devices, Storage And Networking Devices, Others_x000D_
3) By Services: Implementation And Integration Services, Training And Support Services, Consulting Services, Managed Services, Others_x000D_
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Which Region Dominates the Digital Healthcare Supply Chain Management Market?_x000D_
North America was the largest region in the digital healthcare supply chain management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital healthcare supply chain management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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What Is Covered In The Digital Healthcare Supply Chain Management Global Market Report?_x000D_
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- Market Size Analysis: Analyze the digital healthcare supply chain management Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the digital healthcare supply chain management Market for effective categorization._x000D_
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall digital healthcare supply chain management market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the digital healthcare supply chain management market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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