Healthcare Supply Chain Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Healthcare Supply Chain Management Market is segmented by Component, Mode of Delivery, Geography

Healthcare Supply Chain Management Market Snapshot

Healthcare Supply Chain Management Market Overview
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 0 %
Healthcare Supply Chain Management Market Major Players

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Market Overview

Healthcare Supply Chain Management is inclusive of all the activities that are related to the manufacturing, storage, and transportation of the healthcare products.

Healthcare, one of the fastest-growing industries, is facing the challenge of increased costs of services. The costs associated with supply chain management are due to the rising provision of quality in the healthcare supply chain. To maintain better quality, the manufacturers have become imperative to the high cost. Presently, hospitals are looking forward to the sources of competitive advantage and cost reduction. In these efforts, it has become compulsive to focus on supply chain management which will improvise patient care and provide quality services at affordable costs. In the new era of technology, companies are adopting various methods of reducing the cost of a supply chain in healthcare. Some of the steps taken by companies include automation of the manual processes during manufacturing, reduction of the waste which is formed during the creation of products and establishing a trading relationship among the suppliers, partners, and customers.

The above-mentioned steps taken by the manufactures are helping in the improvement of the quality of the supply chain as well as in the reduction of cost. Suppliers are continuously focusing on balancing the cost without compromising quality. For instance, some suppliers are enabling automation among regional care networks. The supply chain automation tools are serving the hospitals (care networks) for the sake of data visibility, improvement in the efficiency and cost savings. Along with the above-mentioned driver, rising demand for the quality inventory management system is another factor that is fueling the growth of the healthcare supply chain management market.

In spite of the increased efforts of healthcare providers and manufacturers to fight with the higher costs associated with supply chain management, there is a long way to go to achieve a satisfactory level of cost reduction. Developed nations such as the United States are successfully implementing the novel technologies in supply chain management but emerging economies are still fighting with the challenge of the cost associated with the supply chain management software. Manufacturers are looking forward to providing a better quality of the supply chain. The software used to monitor the process is expensive which is restricting the providers from using these software’s, therefore acting as a major restraint for the healthcare supply chain management market.

Scope of the Report

The market for healthcare supply chain management has been segmented on the basis of components, modes of delivery, and geography. The leading healthcare leaders are looking to the healthcare supply chain as one of the biggest areas for cost-savings opportunities. The healthcare supply chain management is currently witnessing high growth due to increasing demand to provide better healthcare in the least lead time and judicious cost.

Software Application
Supplier Management Software
Inventory Management Software
Other Software Applications
Hardware Type
Barcode Scanners
Other Hardware Types
Delivery Mode
Cloud based
End User
Healthcare Providers
Healthcare Manufacturers
North America
Rest of Europe
Asia Pacific
South Korea
Rest of Asia-Pacific
Middle East and Africa
South Africa
Rest of Middle East and Africa
South America
Rest of South America

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Key Market Trends

On the basis of Component, Software Sub-segment Led the Global Market in 2018

Supply chain management costs consistently rank as some of the largest expenses for healthcare and hospital systems. The hardware setup cost for supply chain management in healthcare presents a large one-time expense and the replacement time is fairly high. Thus, there are no recurring costs of high value. Software for supply chain management is sold as a service for specific time-periods based on subscription models (annual, 5-year plan, etc), thereby presenting recurring high costs. Consequently, the software has a larger share in the current market, and this trend is expected to continue over the forecast period.

Healthcare Supply Chain Management Market Trends

North America Holds the Largest Share in the Healthcare Supply Chain Management Market

North America accounts for the largest share of the market studied. This can be primarily attributed to the higher adaptability of the latest technologies that are coming into the market and the presence of the key players in the country. In addition, United States is the largest market for healthcare technologies as there are several companies in the country that provide healthcare technology services and due to the well-established healthcare system, the US is having the largest share in the market studied.

Healthcare Supply Chain Management Market Growth

Competitive Landscape

The global healthcare supply chain market is a fast-growing market. The current market share is majorly controlled by few medical technology companies who have expertise in providing service solutions in the healthcare domain. Over the forecast period, differentiation among market players will be decided based on the ability to provide remote access/cloud service in healthcare supply chain management at competitive costs.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Efforts of Healthcare Providers to Reduce Cost and Improve the Quality of Supply Chain

      2. 4.2.2 Rising Demand of the Quality Inventory Management System

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Implementation of Supply Chain Management Software

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Component

      1. 5.1.1 Software Application

        1. Supplier Management Software

        2. Inventory Management Software

        3. Other Software Applications

      2. 5.1.2 Hardware Type

        1. Barcode Scanners

        2. RFID

        3. Other Hardware Types

    2. 5.2 Delivery Mode

      1. 5.2.1 On-premise

      2. 5.2.2 Cloud based

    3. 5.3 End User

      1. 5.3.1 Healthcare Providers

      2. 5.3.2 Healthcare Manufacturers

      3. 5.3.3 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. US

        2. Canada

        3. Mexico

      2. 5.4.2 Europe

        1. Germany

        2. UK

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.4.3 Asia Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.4.4 Middle East and Africa

        1. GCC

        2. South Africa

        3. Rest of Middle East and Africa

      5. 5.4.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Advocate Healthcare

      2. 6.1.2 Ascension Health

      3. 6.1.3 Banner Health

      4. 6.1.4 Henry Schein

      5. 6.1.5 Mckesson Corporation

      6. 6.1.6 Oracle Corporatipon

      7. 6.1.7 Providence Health & Services

      8. 6.1.8 SAP AG Group

      9. 6.1.9 Spectrum Health

      10. 6.1.10 Ochsner Health System

    2. *List Not Exhaustive

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Healthcare Supply Chain Management Market market is studied from 2018 - 2026.

The Healthcare Supply Chain Management Market is growing at a CAGR of 0% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Advocate Health Care, Banner Medical, SAP AG Group, Oracle Corporatipon, McKesson Corporation are the major companies operating in Healthcare Supply Chain Management Market.

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