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Healthcare Supply Chain Management - Global Market Trajectory & Analytics

  • ID: 4804857
  • Report
  • May 2021
  • Region: Global
  • 512 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Arvato Systems
  • Cerner
  • Hybrent
  • Jump Technologies
  • LogiTag Systems
  • McKesson Corporation
  • MORE

Global Healthcare Supply Chain Management Market to Reach $4 Billion by 2027


Amid the COVID-19 crisis, the global market for Healthcare Supply Chain Management estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$4 Billion by 2027, growing at a CAGR of 9.9% over the analysis period 2020-2027. Software, one of the segments analyzed in the report, is projected to record a 10.5% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 9.4% CAGR for the next 7-year period.



The U.S. Market is Estimated at $904.9 Million, While China is Forecast to Grow at 9.2% CAGR


The Healthcare Supply Chain Management market in the U.S. is estimated at US$904.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$210 Million by the year 2027 trailing a CAGR of 9.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR.

Hardware Segment to Record 9.8% CAGR


In the global Hardware segment, USA, Canada, Japan, China and Europe will drive the 10% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$502.9 Million in the year 2020 will reach a projected size of US$980.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$192.5 Million by the year 2027, while Latin America will expand at a 8% CAGR through the analysis period.

Select Competitors (Total 59 Featured) -

  • Arvato Systems
  • Blue Yonder Group, Inc. (JDA Software)
  • Cardinal Health
  • Cerner
  • Global Healthcare Exchange
  • Harris Affinity
  • Hybrent
  • Infor
  • Jump Technologies
  • LLamasoft
  • LogiTag Systems
  • Manhattan Associates
  • McKesson Corporation
  • Oracle Corporation
  • Premier
  • SAP SE
  • TECSYS
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Arvato Systems
  • Cerner
  • Hybrent
  • Jump Technologies
  • LogiTag Systems
  • McKesson Corporation
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • 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
  • Exhibit 1: 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: Key to Unleash Efficiency and Cost Savings
  • Growing Significance of Healthcare supply chain
  • Competition
  • 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
  • Exhibit 1: Number of Connected Medical Devices in Million: 2018-2025
  • Blockchain Technology Addresses Healthcare Industry Supply Chain Challenges
  • Exhibit 2: 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
  • Exhibit 3: 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
  • Exhibit 4: 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
III. MARKET ANALYSIS
  • Market Overview
IV. COMPETITION
  • Total Companies Profiled: 59
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Arvato Systems
  • Blue Yonder Group, Inc. (JDA Software)
  • Cardinal Health
  • Cerner
  • Global Healthcare Exchange
  • Harris Affinity
  • Hybrent
  • Infor
  • Jump Technologies
  • LLamasoft
  • LogiTag Systems
  • Manhattan Associates
  • McKesson Corporation
  • Oracle Corporation
  • Premier
  • SAP SE
  • TECSYS
Note: Product cover images may vary from those shown
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