The Healthcare Supply Chain Management Software Market is set to grow at a CAGR of 8.2% by 2026, attributed to increasing focus towards operational process optimization; says Absolute Markets Insights
Pharmaceutical companies, equipment manufacturers and healthcare service providers are actively looking for optimization of their operations and supply chain. For the purpose, they are adopting software and solutions that allow them to actively track the activities across their supply chain and manage them. Owing to the complex nature of the industry and involvement of numerous stakeholders in the supply chain, keeping a track of the entire process and activities is crucial for the business.
“Apart from helping the organizations, operating in the healthcare domain, to have more transparency in their supply chain, the software is also helpful in reducing the costs these companies incur on inventory management and tracking related activities”.
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The ongoing developments and incorporation of simplified features in the software is providing companies with complete end-to-end visibility of information related to their manufacturers, suppliers, distributors and customers. Rising demand for cloud-based solutions is amongst the contemporary trends in Healthcare Supply Chain Management Software market.
The detailed research study provides qualitative and quantitative analysis of the very market. The market has been analyzed from demand as well as supply side. The geographical analysis done emphasizes on each of the major countries across North America, Asia Pacific, Europe, Middle East and Africa and Latin America.
The market is dominated by the presence of a few key players operating in the global region, such as LogiTag Systems Ltd., McKesson Corporation, Oracle Corporation, SAP SE, Infor Inc., Providence Health & Services, Intermountain Healthcare, Global Healthcare Exchange (GHX), Manhattan Associates, JDA Software, Jump Technologies, Inc., TECSYS Inc., Advocate Health Care, AmerisourceBergen, Geisinger Health System, and Vizient, Inc. amongst others. JDA Luminate Control Tower is a cognitive SaaS solution, developed by JDA Software that identifies the potential impact of those disruptions, senses unexpected events across the entire supply chain, and orchestrates corrective actions with machine learning-based prescriptive guidance.
Healthcare Supply Chain Management Software Market - by Component:
Software
Supplier Management Software
Transportation Software
Procurement Software
Others
Hardware
System
Barcode
Radio Frequency Identification
Others
Services
Healthcare Supply Chain Management Software Market - by Deployment Model:
On Premise
Cloud Based
Web Based
Healthcare Supply Chain Management Software Market - by End User:
Pharmaceutical and Biotech Companies
Logistics Companies and Distributors
Healthcare Providers
Others
Healthcare Supply Chain Management Software Market – by Region:
- North America
- U.S.
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Southern Africa
- Rest of Middle East and Africa
- Latin America
- Brazil
- Rest of Latin America