Healthcare Supply Chain Management Market by Software (Supplier Management Software, Transportation Software and Procurement Software), Hardware (System, Barcode and RFID), Delivery Model (On premise, Cloud based and Web based) - Global Opportunity Analysis and Industry Forecast, 2020-2027
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A00648
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May 2020 |
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Healthcare supply chain management deals with the informational and physical resources needed for delivering services to the end-customer. In simpler terms, the healthcare supply chain management consists of all activities associated with manufacturing, procuring, storing, and transportation of the different product types such as surgical supplies, medical devices and pharmaceuticals.
There are several factors influencing the growth of healthcare supply chain management market. Companies determined to curb the rising healthcare costs have played a vital role in driving the market growth. Besides this, the demand for quality inventory management system has helped the market to grow considerably. Other factors such as better patient care as well as compliance with government regulations have also boosted the market growth. However, the factors such as high cost associated with the sophisticated software and time taken to implement the software have restricted the market growth to a greater extent. These restraints often result in unjustifiable payback period for SMEs.
The healthcare supply chain management market is segmented based on delivery model, software, hardware, end-customer and geography. Based on the delivery model, the market segments covered in the report are cloud-based, web-based and on premise. In addition, healthcare supply chain management software includes supplier management software, procurement software, transportation management and others. The hardware segment consists of barcode, RFID, systems and others. End-customers served by the market consists of healthcare providers, suppliers, distributors and others. The market for healthcare supply chain management is segmented based on geography into North America, Europe, Latin America, Middle East and Africa (LAMEA) and Asia Pacific.
The companies active in the healthcare supply chain management market are adopting effective business strategies to stay competitive. Major brands are seen investing generously in research and development. Key market players are also seen eyeing the local brands for acquisition. Other business model such as joint venture and market entry strategies are helping prominent vendors to make their presence felt in the market and increase their product portfolio. Some of the key players operating in this market place include SAP AG Group, Oracle Corporation, McKesson Corporation, Providence Health & Services, Geisinger Health System, AmerisourceBergen, Intermountain Healthcare, Advocate Health Care and others.
HEALTHCARE SUPPLY CHAIN MANAGEMENT MARKET KEY BENEFITS
- The market research study provides an extensive assessment of different market entry strategies and brand positioning tactics adopted by key market players to stay competitive
- Research techniques such as primary and secondary research methods have been used intelligently to outline the key market drivers, restraints and opportunities shaping the market worldwide
- The study further discusses about the policy amendments that are likely to determine the growth rate and market share
- Comprehensive study of recent launches, collaborations, acquisitions and mergers etc. highlights how enterprises are determined to stay competitive
- SWOT analysis of the market brings to the table the weaknesses, strengths, opportunities and threats
HEALTHCARE SUPPLY CHAIN MANAGEMENT MARKET KEY SEGMENTS
Market By Software
- Supplier Management Software
- Transportation Software
- Procurement Software
- Others
Market By Hardware
- System
- Barcode
- RFID
- Others
Market By Delivery Model
- On premise
- Cloud based
- Web based
Market By EndUsers
- Healthcare Providers
- Suppliers
- Distributors
- Others
Market By Geography
- North America
- Europe
- Asia-Pacific
- LAMEA
KEY PLAYERS
- SAP AG Group
- Oracle Corporation
- McKesson Corporation
- Providence Health & Services
- Geisinger Health System
- AmerisourceBergen
- Intermountain Healthcare
- Advocate Health Care
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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