The study estimates the healthcare supply chain management market size for 2020 and projects its demand till 2025. This study involved the use of various secondary sources, directories, and databases (such as Dun & Bradstreet, Bloomberg Businessweek, and Factiva) to identify and collect relevant information.
In-depth interviews were conducted with primary respondents such as key industry participants, subject-matter experts (SMEs), C-level executives, and industry consultants, to obtain and verify critical qualitative and quantitative information and assess the prospects of the overall healthcare supply chain management market.
According to market research industry, "Healthcare Supply Chain Management Market by Component (Software, Inventory, Order, Warehouse, Purchase, Implant, Transport, Strategic Sourcing, Consignment, Hardware, Barcode, Scanner, RFID), Delivery (On Premise, Cloud), End User - Global Forecast to 2025" The healthcare supply chain management market size is projected to reach USD 3.3 billion by 2025 from USD 2.2 billion in 2020, at a CAGR of 7.9% during the forecast period.
Primary sources included several industry experts from core and related industries; preferred suppliers, manufacturers, and distributors; and standards and certification organizations from companies and organizations related to all segments of the industry’s value chain.
𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐆𝐫𝐚𝐛 𝐏𝐃𝐅 @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77439622
Both top-down and bottom-up approaches were used to estimate and validate the size of the global healthcare supply chain management market and dependent submarkets. The research methodology used to estimate the market size includes the following details: -
The key players in the market were identified through secondary research, and their market shares were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives.
All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Cloud-based solutions help healthcare organizations share and integrate information from disparate locations; these solutions also offer minimum costs of installation and maintenance. Such advantages are driving market growth in this segment.
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Manufacturers must cater to the increasing demand for products from their end-users. Owing to this, manufacturers mainly look for supply chain management solutions for transportation and warehouse management to ensure faster, more accurate, and more efficient functioning. This has resulted in an increased demand for supply chain management solutions in this segment.