Integration of Advanced Technologies to Promote the Global Healthcare Supply Chain Management Market

Published: Oct 2023

The global healthcare supply chain management market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period (2023-2030). The rising integration of advanced IT technologies such as AI, ML, and DL among others for the effective and efficient management of healthcare supply chain is a key factor driving the growth of the global healthcare supply chain management market. For instance, in October 2023, Innovations MUUTAA Inc., creator of the first and only AI solution for healthcare supply chains focused on patient-driven demand entered into partnership with Mila - Quebec AI Institute, the academic Deep Learning (DL) research center. MUUTAA powers deep learning and predictive analytics for optimal supply chain decisions. This affiliation is anticipated to promote company’s focus on enhancing AI and DL in healthcare supply chain management. The affiliation of the companies will work for development of advanced DL models in combination with statistical forecasting models to continuously enhance their existing and future AI solutions.

Browse the full report description of “Healthcare Supply Chain Management Market Size, Share & Trends Analysis Report, by Component (Solution, and Services), by Deployment Model (On-Premises, and Cloud-Based), and by End-User (Healthcare Providers, Healthcare Manufacturers, and Other), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/healthcare-supply-chain-management-market

Moreover, in April 2023, Global Healthcare Exchange (GHX) has signed a definitive agreement to acquire Pittsburgh, Penn.-based Prodigo Solutions, Inc. (Prodigo), a supply chain and data enablement technology company. Prodigo's offerings will promote the company to broaden the healthcare supply chain's span of control, expanding the potential for savings across multiple categories of spend (including non-traditional categories such as purchased services, minor equipment, and labor) and across a quickly expanding continuum of care (including acute, nonacute, clinics, offices, and direct-to-patient care). In the same month, Oracle Corp. released a new supply chain management application customized for healthcare companies, dubbed Oracle SCM for Healthcare. The application offers capabilities such as a supply chain planning service and added capabilities for the Oracle Procurement application to help drive down supply chain costs.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Component

o By Deployment Model

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including SAP AG Group, McKesson Corp., Avery Dennison Corp., Oracle Corp., and Tecsys Inc. among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Healthcare Supply Chain Management Market Report Segment

By Component

  • Solution 
  • Services

By Deployment Model 

  • On-Premises
  • Cloud Based

By End-User

  • Healthcare Providers
  • Healthcare Manufacturers
  • Other

Global Healthcare Supply Chain Management Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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