Healthcare Supply Chain Management Market worth 2.31 Billion USD by 2022 - PowerPoint PPT Presentation

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Healthcare Supply Chain Management Market worth 2.31 Billion USD by 2022


Healthcare Supply Chain Management Market worth 2.31 Billion USD by 2022 – PowerPoint PPT presentation

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Title: Healthcare Supply Chain Management Market worth 2.31 Billion USD by 2022

MarketsandMarkets Presents
Healthcare Supply Chain Management Market Goad by
Adoption of the GS1 System of Standards in
Various Countries
The global healthcare supply chain management
market is expected to reach USD 2.31 billion by
2022 from an estimated USD 1.55 billion in 2017,
growing at a CAGR of 8.4 during the forecast
period. Growth in the healthcare supply chain
management market can primarily be attributed to
the increasing pressure on healthcare providers
to improve operational efficiency profitability
and the benefits offered by these solutions. The
introduction of mobile-based solutions in
healthcare supply chain management and their
applications provides lucrative growth
opportunities for players in the healthcare
supply chain management market. Agreements,
collaborations, and partnerships product
launches and enhancement mergers and
acquisitions and expansions were some of the
strategies adopted by players from 2014 and 2017.
The key players that adopted these strategies
include SAP (Germany), Oracle (US), Infor(US),
GHX (US), and McKesson (US).
SAP is the leading player in the healthcare
supply chain management market. The company has a
wide range of product and service offerings for
its customers. The company has a prominent
position as it offers user-friendly solutions and
cloud-based solutions. The cloud-based technology
enables its supply chain clients to tackle
complex digitalization problems through its wide
range of innovative products and solutions. The
firm has dedicated solutions to manage healthcare
supply chain and continues to provide its users
with new and upgraded solutions. For instance in
2016, the company enhanced its SAP Integrated
Business Planning 6.1, this enabled the SAP to
enhance its customer service in the demand and
supply platform. The company has its presence in
more than 130 countries and operates through 255
subsidiaries worldwide. Oracle is another
leading player in the global healthcare supply
chain management market. The company has more
than 40 years of experience and provides its
customers with advanced solutions and
services. .  
The firm has a wide geographical presence across
Europe, the Middle East, Africa, Asia Pacific,
North America, and South America. The company
focuses on product enhancements as a part of its
growth strategy. For instance in 2016, Oracle
Corporation expanded its Oracle Cloud Services
with the addition of new services like Oracle CX
Cloud, Oracle SCM, ERP, and EPM Cloud to provide
supply chain management, enterprise resource
planning, and enterprise performance management
solutions. McKesson is a prominent name in the
global healthcare supply chain management market.
The company has a wide range of supply chain
management solutions which are dedicated to end
users in the healthcare industry. The firm
operates in major regions like the US, the UK,
Canada, Australia, New Zealand, and Israel. The
company focuses on growth strategies like
acquisitions to expand its customer base,
geographical presence and product portfolio.
Infor is also an important player in the global
healthcare supply chain management market and
focuses on the specific needs of medium and large
enterprises and designs solutions catering to
their needs. The company has a wide range of
products and also focuses on investing in RD to
enhance product development. The company invested
around 16, 15.7 and 14.2 of its total revenue
in RD activities in 2016, 2015 and 2014
respectively. The firm has a presence in the US
and maintains facilities in 41 countries,
including Australia, Canada, India, the UK, and
Singapore with a customer base of 90,000
customers across the globe. Some of the other
players competing in this market include GHX
(US), TECSYS (Canada), Manhattan Associates (US),
JDA Software (US), Jump Technologies (US), and
LogiTag Systems (Israel), among others.
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