Healthcare Supply Chain Management Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
Healthcare supply chain management refers to a process that efficiently manages the workflow of the supply of medical goods and services from manufacturers to patients. It involves obtaining resources, managing supplies, and delivering goods and services to providers and patients.

Sizing and Forecast
The healthcare supply chain management market size has grown rapidly in recent years. It will grow from <b>$2.69 billion in 2023 to $3.07 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%. </b> The growth in the historic period can be attributed to cost control, regulatory compliance, need for inventory management, vendor collaboration, demand forecasting.

The healthcare supply chain management market size is expected to see rapid growth in the next few years. It will grow to <b>$4.97 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. </b> The growth in the forecast period can be attributed to telehealth expansion, value-based care, increasing sustainability, regulatory changes, supply chain resilience. Major trends in the forecast period include digitalization and automation, predictive analytics, iot and rfid tracking, blockchain for transparency, lean and agile supply chain.

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Segmentation & Regional Insights
The healthcare supply chain management market covered in this report is segmented –

1) By Component: Software Application, Hardware Type
2) By Delivery Mode: On-Premise, Cloud Based
3) By End-User: Healthcare Providers, Healthcare Manufacturers, Other End-Users

<b>North America</b> will be the largest region in the healthcare supply chain management market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare supply chain management market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth
The increasing globalisation is expected to propel the growth of the healthcare supply chain management market going forward. Globalization is being used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Globalization improved healthcare management by improving healthcare knowledge and providing low-cost healthcare technologies.For example, the International Monetary Fund, a US-based financial institution, predicts that the global economy will grow by 5.9% in 2021, based on data from the International Monetary Fund. Therefore, increasing globalisation is driving the growth of the healthcare supply chain management market.

Key Industry Players
Major companies operating in the healthcare supply chain management market include <b> Advocate Health Care, Banner Medical Innovations Inc., SAP AG Group, Oracle Corporation, McKesson Corporation, TECSYS Inc., Global Healthcare Exchange LLC, Cardinal Health Inc., Determine Epicor, Llamasoft Ltd., Manhattan Associates, Blue Yonder Group Inc., Cerner Corporation, Jump Technologies Inc., LogiTag Systems, Harris Affinity, Premier Ltd., Accurate InfoSoft Pvt. Ltd., Hybrent Inc., Arvato Systems, Jabil Inc., AmerisourceBergen Corporation, Avery Dennison Corporation, Ascension Health, Providence Health & Services, Spectrum Health, Ochsner Health System, Aspen Technology Inc., Infor Global Solutions, Henry Schein Inc., Manhatten Associates, Becton, Dickinson and Company, Owens & Minor Inc., Medtronic plc, Novo Nordisk AS, Stryker Corporation, F. Hoffmann-La Roche AG, Scripps Health, Boston Scientific Corp., Biogen Inc., Johnson & Johnson Services Inc. </b>

The healthcare supply chain management market report table of contents includes:

1. Executive Summary

2. Healthcare Supply Chain Management Market Characteristics

3. Healthcare Supply Chain Management Market Trends And Strategies

4. Healthcare Supply Chain Management Market – Macro Economic Scenario

5. Global Healthcare Supply Chain Management Market Size and Growth

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31. Global Healthcare Supply Chain Management Market Competitive Benchmarking

32. Global Healthcare Supply Chain Management Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Healthcare Supply Chain Management Market

34. Healthcare Supply Chain Management Market Future Outlook and Potential Analysis

35. Appendix

Top Major Players:

Advocate Health Care

Banner Medical

Innovations Inc

SAP AG Group

Oracle Corporation

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