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
What is the estimated value of the Healthcare Supply Chain Management Market?
What is the growth rate of the Healthcare Supply Chain Management Market?
What is the forecasted size of the Healthcare Supply Chain Management Market?
Who are the key companies in the Healthcare Supply Chain Management Market?
Report Attribute | Details |
---|---|
No. of Pages | 512 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.5 Billion |
Forecasted Market Value ( USD | $ 5.4 Billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |
Table of Contents
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