Kenneth Research, in its repository of market research reports, have recently added a report on Healthcare Supply Chain Management Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Healthcare Supply Chain Management Market products.
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According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
The Healthcare Supply Chain Management Market is expected to grow at a significant CAGR during the forecast period. Increasing demand for commercial and personal electric vehicles around the globe is anticipated to drive the growth of the MARKET over the forecast period. According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.
Global Healthcare Supply Chain Management Market was valued at USD 1.50 Billion in the year 2017. Global Healthcare Supply Chain Management Market is estimated to grow at a CAGR of 9.40% from 2018 to 2025. North America region holds the highest Market share in 2017 and is considered as the fastest growing Market in the predicted period with rising healthcare sector as the major driving factor. The U.S. is the major Market in 2017 at country level and it is further anticipated to grow at a steady pace in the next 5 years.
The major players in Healthcare Supply Chain Management Market are Oracle Corporation, McKesson Corporation, SAP AG Group, Global Healthcare Exchange (GHX), Advocate Health Care, Info, Tecsys, Geisinger Health System, JDA Software Group, Jump Technologies and other 10 more companies’ information is provided in research report
SWOT Analysis of Healthcare Supply Chain Management Market
Strength
Growing Cloud-Based Market.
Government involvement in investments, funding, and partnership
Increasing demand for quality inventory management system
Weakness
The high cost of maintenance
The long duration required for implementation of the system
Opportunity
Emerging healthcare IT industry and healthcare awareness
Growing mobile-based system solutions
Threats
Healthcare Cost reduction
By basis of delivery mode, the Healthcare Supply Chain Management Market is segmented into Cloud-based, Web-based, on-premise among these on-premise segment hold the highest Market in 2017 with cloud-based segment expected to grow with highest CAGR in coming years. On the other hand, Software segment for Global Healthcare Supply Chain Management Market holds accounts for largest share because of growing investments in the healthcare industry.
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Healthcare Supply Chain Management Market Overview By Delivery Mode
Cloud-based
Web-based
On-premise
Healthcare Supply Chain Management Market Overview By End Users
Healthcare Providers
Manufacturers
Distributors
Healthcare Supply Chain Management Market Overview By Components
Software
Supplier Management Software
Transportation Software
Procurement Software
Others
Hardware
System
Barcode
RFID
Others
Healthcare Supply Chain Management Market Overview By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
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