According to the new market research “Healthcare Supply Chain Management Market by Component (Software (Inventory (Order and Warehouse Management), Purchasing (Suppliers, Strategic Sourcing)), Hardware (Barcode, RFID)), Delivery Mode (On-Premise, Cloud), End User – Global Forecasts to 2022″, analyzes and studies the major market drivers, restraints/challenges, and opportunities. The global healthcare supply chain management market is projected to reach USD 2.31 billion by 2022 from an estimated USD 1.41 billion in 2016, growing at a CAGR of 8.4% during the forecast period.
The global Healthcare Supply Chain Management market is segmented based on component delivery node and regions
On the basis of component, the healthcare supply chain management market is segmented into software, and hardware. In 2017, the software segment is estimated to account for the largest share of the healthcare supply chain management market. The large share of the software segment is attributed the various benefits it offers such as increased efficiency, reduced costs, and business.
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On the basis of delivery mode, the market is segmented into on-premise and cloud-based delivery modes. In 2017, on-premise segment is expected to command the largest share of the global healthcare supply chain management market. The large share of this segment can be attributed to its ease of use and the low risk of data breaches.
On the basis of end-users, the market is segmented into manufacturers, distributors, and providers. In 2017, manufacturers are expected to be the largest end users of the global healthcare supply chain management market. Manufacturers need supply chain management solutions to better coordinate their transportation and warehouse facilities. These solutions ensure faster, more accurate, and more efficient functioning, and such advantages have increased demand for supply chain management solutions in this segment.
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North America is expected to account for the largest share of the global healthcare supply chain management market in 2017. The large share of North America can be attributed to factors such as consolidation of hospitals, regulatory requirements, increasing patient burden in the US, and the implementation of various strategies to improve healthcare supply chain management in Canada.
Market Players
The key players in the Healthcare Supply Chain Management market are SAP (Germany), Oracle (US), Infor (US), GHX (US), McKesson (US), TECSYS (Canada), Manhattan Associates (US), JDA software (US), Jump Technologies (US), and LogiTag (Israel).
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