1. What is the projected Compound Annual Growth Rate (CAGR) of the U.S. Healthcare Supply Chain Management Market?
The projected CAGR is approximately 14.9 %.
U.S. Healthcare Supply Chain Management MarketU.S. Healthcare Supply Chain Management Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics
U.S. Healthcare Supply Chain Management Market by Component (Software, Hardware, Services), by Delivery Mode (On-premise, Cloud-based), by End-User (Healthcare Providers, Healthcare Manufacturers, Others), by Forecast 2025-2033
Base Year: 2024
100 Pages
U.S. Healthcare Supply Chain Management Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics
U.S. Healthcare Supply Chain Management Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics
Key Insights
The U.S. Healthcare Supply Chain Management Market size was valued at USD 2.53 billion in 2023 and is projected to reach USD 6.81 billion by 2032, exhibiting a CAGR of 14.9 % during the forecast period. Healthcare Logistics is the function of coordinating efficiently and effectively the operations of the supply chain, which involves the circulation of medical goods, information, as well as capital from the manufacturers to patients. The types of healthcare supply chain management are, strategic source, inventory control, logistics and procurement. Prominent features include lowering the costs, better efficiency, and the guarantee of the quality of the products and services. There are varieties of applications, ranging from hospitals and primary care clinics to pharmaceutical companies and medical equipment manufacturers. The recent trends in U.S. healthcare industry encompass implementation of technologies like blockchain for transparency, using predictive modules for inventory optimization, and telemedicine for remote access to healthcare providers, all these aims exploiting the technological tools for better service delivery and reducing the cost of service.
U.S. Healthcare Supply Chain Management Trends
- Increasing adoption of digital technologies
- Growing focus on cost optimization
- Emergence of new healthcare delivery models
Driving Forces: What's Propelling the U.S. Healthcare Supply Chain Management Market
- Rising healthcare costs: The increasing cost of healthcare services and supplies is a major driver of healthcare supply chain management, as organizations seek to optimize their spending and reduce costs.
- Increasing demand for healthcare services: The aging population and growing prevalence of chronic diseases are driving up demand for healthcare services, leading to increased strain on the healthcare supply chain.
- Government regulations and initiatives: Government regulations, such as the Affordable Care Act, have a significant impact on healthcare supply chain management by setting standards for healthcare quality, transparency, and cost containment.
- Technological advancements: The adoption of new technologies, such as blockchain, artificial intelligence (AI), and the Internet of Things (IoT), is transforming the healthcare supply chain, improving efficiency, accuracy, and traceability.
- Globalization of healthcare supply chain: The increasing interconnectedness of global healthcare supply chains allows for the procurement and distribution of goods and services across borders, offering opportunities for cost reduction and access to specialized products.
Challenges and Restraints in U.S. Healthcare Supply Chain Management Market
- Lack of standardization
- Fragmented healthcare system
- Risk of disruptions
Emerging Trends in U.S. Healthcare Supply Chain Management
- Artificial intelligence and machine learning
- Blockchain technology
- Predictive analytics
Growth Catalysts in U.S. Healthcare Supply Chain Management Industry
- Prioritized patient-centered care delivery models
- Enhanced focus on cost optimization and efficiency
- Government regulations and policies fostering transparency and accountability
- Rapid advancements in healthcare technology, including automation and data analytics
- Growing emphasis on sustainability and reducing environmental impact
Market Segmentation: U.S. Healthcare Supply Chain Management Analysis
Component
- Software
- Hardware
- Services
Delivery Mode
- On-premise
- Cloud-based
End-User
- Healthcare providers
- Healthcare manufacturers
- Others
Leading Players in the U.S. Healthcare Supply Chain Management Market
- Oracle (U.S.)
- Tecsys Inc. (Canada)
- Global Healthcare Exchange, LLC. (U.S.)
- Ascension (U.S.)
- Ochsner Health (U.S.)
- Banner Health (U.S.)
- Henry Schein, Inc. (U.S.)
- McKesson CORPORATION (U.S.)
- Cardinal Health (U.S.)
- Epicor Software Corporation (U.S.)
Significant developments in U.S. Healthcare Supply Chain Management Sector
- August 2022 - Global Healthcare Exchange, LLC announced the launch of a consulting service to expedite the clinically integrated supply chain.
- February 2022 - Cardinal Health partnered with Kinaxis Inc. to enhance its medical supplies' visibility.
- June 2021 - Ochsner Health and Medline Industries, LP entered into an agreement to enhance and streamline Medline Industries, LP's supply chain operations.
Comprehensive Coverage U.S. Healthcare Supply Chain Management Market Report
- Market overview
- Market segmentation
- Competitive landscape
- Key drivers and challenges
- Future market outlook
Regional Insight
- North America: The region's advanced healthcare infrastructure, favorable government policies, and mature healthcare system make it a leader in healthcare supply chain management.
- Europe: Strong healthcare systems, stringent regulatory frameworks, and a focus on cost containment characterize the European healthcare supply chain management market.
- Asia Pacific: Rapidly growing healthcare sector, increasing healthcare expenditure, and government initiatives to improve healthcare access drive growth in the Asia Pacific healthcare supply chain management market.
- Latin America: Growing healthcare demand, government investments in healthcare infrastructure, and a rising middle class with increased healthcare spending contribute to the growth of the Latin American healthcare supply chain management market.
- Middle East and Africa: Emerging healthcare markets with potential for significant growth driven by government initiatives and private sector investments.
DROCT
- Drivers
- Restraints
- Opportunities
- Challenges
- Threats
Pricing Analysis
- Pricing trends
- Cost structure
- Gross margins
Import And Export Analysis
- Import trends
- Export trends
- Trade balance
Segmentation
- Product type
- Application
- End-user
- Geographic
Patent/Trademark Analysis
- Patent filings
- Trademark filings
- Innovation trends
U.S. Healthcare Supply Chain Management Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 14.9 % from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Reduction in the Healthcare Supply Chain Cost is Propelling Supply Chain Management Solutions
- 3.3. Market Restrains
- 3.3.1. Rising Cybersecurity Incidents to Restrict the Market Growth
- 3.4. Market Trends
- 3.4.1. Technology Integration in Healthcare Supply Chain Management to Propel Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Healthcare Supply Chain Management Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Component
- 5.1.1. Software
- 5.1.2. Hardware
- 5.1.3. Services
- 5.2. Market Analysis, Insights and Forecast - by Delivery Mode
- 5.2.1. On-premise
- 5.2.2. Cloud-based
- 5.3. Market Analysis, Insights and Forecast - by End-User
- 5.3.1. Healthcare Providers
- 5.3.2. Healthcare Manufacturers
- 5.3.3. Others
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1.
- 5.1. Market Analysis, Insights and Forecast - by Component
- 6. Northeast U.S. Healthcare Supply Chain Management Market Analysis, Insights and Forecast, 2019-2031
- 7. Southeast U.S. Healthcare Supply Chain Management Market Analysis, Insights and Forecast, 2019-2031
- 8. Midwest U.S. Healthcare Supply Chain Management Market Analysis, Insights and Forecast, 2019-2031
- 9. Southwest U.S. Healthcare Supply Chain Management Market Analysis, Insights and Forecast, 2019-2031
- 10. West U.S. Healthcare Supply Chain Management Market Analysis, Insights and Forecast, 2019-2031
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Oracle (U.S.)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Tecsys Inc. (Canada)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Global Healthcare Exchange LLC. (U.S.)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Ascension (U.S.)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Ochsner Health (U.S.)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Banner Health (U.S.)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Henry Schein Inc. (U.S.)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 McKesson CORPORATION (U.S.)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Cardinal Health (U.S.)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Epicor Software Corporation (U.S.)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Oracle (U.S.)
List of Figures
- Figure 1: U.S. Healthcare Supply Chain Management Market Revenue Breakdown (undefined, %) by Product 2024 & 2032
- Figure 2: U.S. Healthcare Supply Chain Management Market Share (%) by Company 2024
List of Tables
- Table 1: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by Region 2019 & 2032
- Table 2: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by Component 2019 & 2032
- Table 3: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by Delivery Mode 2019 & 2032
- Table 4: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by End-User 2019 & 2032
- Table 5: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by Region 2019 & 2032
- Table 6: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by Country 2019 & 2032
- Table 7: Northeast U.S. Healthcare Supply Chain Management Market Revenue (undefined) Forecast, by Application 2019 & 2032
- Table 8: Southeast U.S. Healthcare Supply Chain Management Market Revenue (undefined) Forecast, by Application 2019 & 2032
- Table 9: Midwest U.S. Healthcare Supply Chain Management Market Revenue (undefined) Forecast, by Application 2019 & 2032
- Table 10: Southwest U.S. Healthcare Supply Chain Management Market Revenue (undefined) Forecast, by Application 2019 & 2032
- Table 11: West U.S. Healthcare Supply Chain Management Market Revenue (undefined) Forecast, by Application 2019 & 2032
- Table 12: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by Component 2019 & 2032
- Table 13: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by Delivery Mode 2019 & 2032
- Table 14: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by End-User 2019 & 2032
- Table 15: U.S. Healthcare Supply Chain Management Market Revenue undefined Forecast, by Country 2019 & 2032
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the U.S. Healthcare Supply Chain Management Market?
Key companies in the market include Oracle (U.S.), Tecsys Inc. (Canada), Global Healthcare Exchange, LLC. (U.S.), Ascension (U.S.), Ochsner Health (U.S.), Banner Health (U.S.), Henry Schein, Inc. (U.S.), McKesson CORPORATION (U.S.), Cardinal Health (U.S.), Epicor Software Corporation (U.S.).
3. What are the main segments of the U.S. Healthcare Supply Chain Management Market?
The market segments include Component, Delivery Mode, End-User.
4. Can you provide details about the market size?
The market size is estimated to be USD XXX N/A as of 2022.
5. What are some drivers contributing to market growth?
Reduction in the Healthcare Supply Chain Cost is Propelling Supply Chain Management Solutions.
6. What are the notable trends driving market growth?
Technology Integration in Healthcare Supply Chain Management to Propel Market Growth.
7. Are there any restraints impacting market growth?
Rising Cybersecurity Incidents to Restrict the Market Growth.
8. Can you provide examples of recent developments in the market?
August 2022 - Global Healthcare Exchange, LLC announced the launch of a consulting service in order to expedite the clinically integrated supply chain, which helped hospitals and healthcare systems improve performance.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 2850, USD 3850, and USD 4850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in N/A.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "U.S. Healthcare Supply Chain Management Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the U.S. Healthcare Supply Chain Management Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the U.S. Healthcare Supply Chain Management Market?
To stay informed about further developments, trends, and reports in the U.S. Healthcare Supply Chain Management Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.