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Healthcare Supply Chain Management - Global Strategic Business Report

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    Report

  • 512 Pages
  • December 2023
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804857

Quick Summary:

In an increasingly globalized world, the Healthcare Supply Chain Management market is burgeoning, with projections to reach an astounding US$5.4 Billion by 2030. The business landscape is transforming rapidly and healthcare organizations must stay in sync to ensure streamlined operations and maximum profitability. Our robust and comprehensive report provides an exhaustive analysis of the current market, highlighting key trends, challenges, and opportunities to support your strategic decision-making process.

With a granular focus on various segments such as Software Services, along with in-depth analysis of local markets including the US and China, our report is designed to equip you with an informed perspective on a wide spectrum of decisive factors. In an era where data is primary, our report is your key to unlocking endless potential in the Healthcare Supply Chain Management sector. Acquisition of this report is a strategic investment for any progressive business leader. Let us help you stay ahead.

Global Healthcare Supply Chain Management Market to Reach $5.4 Billion by 2030

The global market for Healthcare Supply Chain Management estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$5.4 Billion by 2030, growing at a CAGR of 10% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 10.6% CAGR and reach US$2.3 Billion by the end of the analysis period. Growth in the Services segment is estimated at 9.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 9.3% CAGR

The Healthcare Supply Chain Management market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$281.1 Million by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 8.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11% CAGR.

Select Competitors (Total 59 Featured)

  • Cardinal Health, Inc.
  • Cerner Corporation
  • Infosys Ltd.
  • Infor
  • Epicor Software Corporation
  • Henry Schein, Inc.
  • Imperial Logistics Group (Pty) Limited
  • HighJump Software, Inc.
  • Biolog-id
  • AmerisourceBergen Corporation
  • Jaggaer
  • Huron Consulting Group Inc.
  • Genesis Automation Limited
  • Jones Lang LaSalle IP, Inc.
  • J Wray & Nephew Limited

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Healthcare Supply Chain Management Market

What is the estimated value of the Healthcare Supply Chain Management Market?

The Healthcare Supply Chain Management Market was estimated to be valued at $2.5 Billion in 2022.

What is the growth rate of the Healthcare Supply Chain Management Market?

The growth rate of the Healthcare Supply Chain Management Market is 10.1%, with an estimated value of $5.4 Billion by 2030.

What is the forecasted size of the Healthcare Supply Chain Management Market?

The Healthcare Supply Chain Management Market is estimated to be worth $5.4 Billion by 2030.

Who are the key companies in the Healthcare Supply Chain Management Market?

Key companies in the Healthcare Supply Chain Management Market include Cardinal Health, Inc., Cerner Corporation, Infosys Ltd., Infor, Epicor Software Corporation, Henry Schein, Inc., Imperial Logistics Group (Pty) Limited, HighJump Software, Inc., Biolog and id.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • COVID-19-related Disruptions of Unprecedented Magnitude Encumber and Complicate Global Healthcare Supply Chain
  • World Faces Unprecedented Shortage of PPE and Ventilators
  • Global Number of Infections & Patients Requiring Ventilator Support
  • Market Penetration of Face Masks Worldwide in 1Q 2020 (In %)
  • Urgent Near-Term Fixes to Mitigate Shortages
  • Players Elevate Role-Play of Healthcare Supply Chain to Counteract Unique Challenges
  • Outlook
  • Need for Agility and Visibility More than Ever Before
  • Cloud Solutions to Register Strong Growth
  • Healthcare Supply Chain Management - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Healthcare Supply Chain Management: Key to Unleash Efficiency and Cost Savings
  • Growing Significance of Healthcare supply chain
  • Competition
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • COVID-19 Unfolds the Critical Significance of Automated Healthcare Supply Chain and Need to Diversify Sourcing
  • COVID-19 Prompts Hospitals to Prioritize Optimization of Supply Chain
  • Internet of Medical Things (IoMT) Gains Prominence
  • Number of Connected Medical Devices in Million: 2018-2025
  • Blockchain Technology Addresses Healthcare Industry Supply Chain Challenges
  • Blockchain Technology by Enduse Vertical: 2019
  • Growing Relevance of Big Data and Analytics
  • Global Market for Data Analytics by Type for the Years 2019 and 2025
  • Global Adoption Rates (in %) of Big Data Technologies by Industry (2019E)
  • Collaboration: An Important Element of the Supply Chain Conundrum
  • Increasing Popularity of Telehealth Draws Attention
  • Global Telemedicine Market in US$ Billion: 2018, 2020, 2022 & 2024
  • Focus Intensifies on Orchestration
  • Connected Health to Modernize Healthcare Supply Chain
  • Healthcare Networks Focus on Supply Chain Management for Cost Reduction and Higher Productivity
  • Group Purchasing Organizations & E-Procurement Technology Address Challenges within Healthcare Supply Chain Management
  • Drones to Play Key Role in Healthcare Supply Chains
  • Global Market for Drones (In US$ Billion) for the Years 2019, 2022 and 2024
  • Healthcare Supply Chain Industry Challenges
  • Demand for Immediate Overnight Shipping
  • Efficient Recall Management
  • Inventory Shortage
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Healthcare Supply Chain Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Healthcare Supply Chain Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 3: World 16-Year Perspective for Healthcare Supply Chain Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 6: World 16-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 9: World 16-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 12: World 16-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 14: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 15: World 16-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 18: World 16-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Manufacturers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Manufacturers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 21: World 16-Year Perspective for Manufacturers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Healthcare Providers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Healthcare Providers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 24: World 16-Year Perspective for Healthcare Providers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Distributors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Distributors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 27: World 16-Year Perspective for Distributors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 28: World Healthcare Supply Chain Management Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Market Overview
  • CANADA
  • JAPAN
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • AUSTRALIA
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Healthcare Supply Chain Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cardinal Health, Inc.
  • Cerner Corporation
  • Infosys Ltd.
  • Infor
  • Epicor Software Corporation
  • Henry Schein, Inc.
  • Imperial Logistics Group (Pty) Limited
  • HighJump Software, Inc.
  • Biolog-id
  • AmerisourceBergen Corporation
  • Jaggaer
  • Huron Consulting Group Inc.
  • Genesis Automation Limited
  • Jones Lang LaSalle IP, Inc.
  • J Wray & Nephew Limited