The global healthcare supply chain management market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period (2024-2031). 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.
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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.
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
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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
Company Profiles
· Advocate Healthcare
· Ascension Health
· Ascension Inc.
· Aspen Technology Inc.
· Banner Health Inc.
· Biolog-ID
· Blue yonder Group
· Epicor Software Corp.
· Henry Schein Inc.
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