Global Healthcare Supply Chain Management Markets, 2022-2027: Clinically Integra… – Press Release

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DUBLIN, April 8, 2022 /PRNewswire/ — The “Healthcare Supply Chain Management Market – Global Outlook & Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

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 The healthcare supply chain management market by revenue is expected to grow at a CAGR of 8.32% during the period 2022-2027.

The rising data in the healthcare sector, the improvements in the supply chain network of manufacturers, and the growing acceptance of supply chain management systems, both hardware and software in the emerging economies, are augmenting the growth of the healthcare supply chain management market. A healthcare facility must be modernized in supply chain management (SCM) practices.

There are significant advantages to having advanced systems in place that streamline the flow. According to a survey of 100 hospitals, over half of the healthcare facilities are still using old and manual techniques for tracking the supply chain. By standardizing their practices, hospitals can attain savings of about 17%.

Thus, modern SCM solutions are employed by healthcare institutions and other stakeholders to maximize profits and provide efficient support to the needy.

SEGMENTATION ANALYSIS

Adopting IoT-enabled devices with RFID tracking systems could be cost and time-effective for the effective growth of the healthcare supply chain management market.

Supply chain software streamlines and automates repetitive manual tasks which are performed within the healthcare organizations in pursuit of a simple goal that is to achieve a more cost-effective supply chain market.

SAP has been placing more focus on its SCM solutions, which are now marketed under the name digital supply chain from the past few years. The innovative software products built on top of the SAP Leonardo intelligent platform employ machine learning and IoT to bring visibility, forecasting, analytics, and collaboration to the next level to accelerate the healthcare supply management market.

GEOGRAPHICAL ANALYSIS

North America

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