Medical Newswire

Medical Newswire!

Medicine, Healthcare, Medical Research, Hospitals, Management
Press release distribution service
Home | Medical-Newswire.Com:

Healthcare Supply Chain Management Market: Increasing Number of Online Purchases

(Medical-NewsWire.com, May 04, 2021 ) The adoption of GS1 system of standard in the healthcare industry globally, the emergence of cloud-based solutions, reduction in operational costs by improving the efficacy and increase in overall profitability are key factors driving the growth of healthcare supply chain management.



However, the high cost of implementation of supply chain management software is expected to restrict market growth to a certain extent.



How much is the Healthcare Supply Chain Management Market worth?



The Healthcare Supply Chain Management Market is projected to reach USD 3.3 billion by 2025 from USD 2.2 billion in 2020, at a CAGR of 7.9%. North America is expected to register the highest growth rate during the forecast period mainly due to the consolidation of hospitals, rising prevalence of chronic diseases, and growing awareness



By component, the software segment accounted for the largest market share in 2019.



Based on the component, the market is bifurcated into hardware and software segments. The software segment commanded the largest share of the global medical supply chain management market in 2019.



The large share of this segment can be attributed to the increasing number of online purchases, improving business intelligence, and growing preference for eco-friendly logistics



Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77439622



The on-premise segment commanded the largest share of the health supply chain management industry, by delivery mode, in 2019.



Based on delivery mode, the market is segmented into on-premise and cloud-based. The on-premise segment accounts for the largest share of the health supply chain management market. However, the cloud-based segment is expected to register the highest growth over the forecast period.



Cloud-based solutions help healthcare organizations share and integrate information from disparate locations; these solutions also offer minimum costs of installation and maintenance. Such advantages are driving market growth in this segment.



Manufacturers are the largest end-users of the Medical Supply Chain Management market.

Based on the end-user, the healthcare supply chain management industry is segmented into manufacturers, providers, and distributors. In 2019, manufacturers accounted for the largest share of the healthcare supply chain management market. Manufacturers must cater to the increasing demand for products from their end-users.



Owing to this, manufacturers mainly look for supply chain management solutions for transportation and warehouse management to ensure faster, more accurate, and more efficient functioning. This has resulted in an increased demand for supply chain management solutions in this segment.



Request for Sample Pages @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=77439622



North America dominates the healthcare supply chain management industry during the forecast period.



Geographically, the Medical Supply Chain Management market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific accounted for the largest share of the market in 2017, followed by North America.



 The market in Asia-Pacific is primarily driven by the availability of huge population base which is aging, and affected with diabetes and other conditions requiring surgical intervention to treat.



Leading Companies



SAP SE (Germany), Oracle Corporation (US), Infor (US), McKesson Corporation (US), TECSYS (US), Global Healthcare Exchange (US), Cardinal Health (US), Determine (US), Epicor (US), LLamasoft (US), Manhattan Associates (US), Blue Yonder Group, Inc. (JDA Software) (US), Cerner (US), Jump Technologies (US),  LogiTag Systems (US), Harris Affinity (US), Premier (US), Accurate Info Soft (US), Hybrent (US), and Arvato Systems (Germany).



Inquiry before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=77439622

MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com


Medical Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Healthcare resource center today to browse our selection of 600+ complimentary Healthcare magazines, white papers, webinars, podcasts, and more. Get popular titles including:

Eyecare Business
Medical Laboratory Observer
FierceHealthcare

No credit cards, coupons, or promo codes required. Try it today!

Medical Sponsors

Health News

[CaRP] XML error: Mismatched tag at line 52 - This appears to be an HTML webpage, not a feed.

Pharmanewswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com. CityRegions.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2012 GroupWeb Media LLC. All Rights Reserved.


GroupWeb Media Network
AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
| InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
Medical-Newswire.com - Medicl Newswire and Press Release service of GroupWeb Media LLC