Supply Chain Management (SCM) Market Share, Trends and Forecast 2027

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Increasing demand to reduce the cost of healthcare is projected to drive the Supply Chain Management (SCM) market during the forecast period.

The global  Supply Chain Management (SCM) market  is estimated to reach value of USD 3.67 Billion by 2027. Focus of Supply Chain Management (SCM) (SCM) is to identify and reduce waste and help in supply chain decision making. It also contributes to the quality of the services offered. Emergence of cloud-based solutions is also fueling the market.

Increasing expenditure on healthcare requires higher efficiency in the delivery of services. Hospital supply chain management is confronted by different economic, environmental, and social issues. Growing awareness about Supply Chain Management (SCM) has propelled the demand for the same across the globe. On the other hand, lack of research in Supply Chain Management (SCM) and complex nature of the Supply Chain Management (SCM) are restraining the market.

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Another driving factor is increase in the demand for better patient care and stringent government regulations. Advancements in technology, such as the Internet of Things (IoT) and cloud storage, have boosted the demand for Supply Chain Management (SCM). Since supply chain objectives are not always aligned within hospitals, the market can be fragmented and inefficient. The supply chain management providers might prefer to use a product because they were trained with it, whereas hospital's purpose is to procure a quality product which it can afford.    

Global Supply Chain Management (SCM) Market research report published by Emergen Research describes in detail the vital aspects of the Supply Chain Management (SCM) Market on a global and regional level. The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimation, and major companies operating in the market. The report covers the impact of the pandemic on the Supply Chain Management (SCM) Market industry with a special focus on the affected key segments of the industry.

Key players include SAP SE, Oracle, Tecsys Inc., Cardinal Health, Epicor, Infor, Global Healthcare Exchange, McKesson Corporation, Manhattan Associates, and Cerner.

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Emergen Research has segmented the global Supply Chain Management (SCM) market based on component, delivery mode, end-user, and region as follows:

Component Outlook (Revenue, USD Billion; 2017–2027)

Software

Purchasing Management Software

Procurement software

Strategic Sourcing Software

Supply Management Software

Capital Purchasing Software

Transportation Management Software

Inventory Management Software

Warehouse Management Software

Implant Management Software

Order Management Software

Consignment Management Software

Tissue Management Software

Hardware

Barcodes Barcode Scanners

RFID Tags Readers

Systems

Others

Delivery Mode Outlook (Revenue, USD Billion; 2017–2027)

On-premises Delivery

Cloud-based Delivery

End-user Outlook (Revenue, USD Billion; 2017–2027)

Manufacturers

Providers

Distributors

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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter's Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

North America (US, Canada)

Europe (UK, Italy, Germany, France, Rest of EU)

Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)

Key Benefits of Buying the Global Supply Chain Management (SCM) Report:

Comprehensive analysis of the changing competitive landscape

Assists in decision making processes for the businesses along with detailed strategic planning methodologies

The report offers an 8-year forecast and assessment of the Global Supply Chain Management (SCM) Market

Helps in understanding the key product segments and their estimated growth rate

In-depth analysis of market drivers, restraints, trends, and opportunities

Comprehensive regional analysis of the Global Supply Chain Management (SCM) Market

Extensive profiling of the key stakeholders of the business sphere

Detailed analysis of the factors influencing the growth of the Global Supply Chain Management (SCM) Market

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