Market Insights 

Healthcare Supply Chain Management Market Size, Share & Trends Analysis Report By Software (Supplier Management Software, Transportation Software, Procurement Software, Others), By Delivery Model (On premise, Cloud based, Web based), By Hardware (System, Barcode, RFID, Others), By End Users (Healthcare Providers, Suppliers, Distributors, Others), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2028.

Global Healthcare Supply Chain Management Market size was valued at USD 3.95 Billion in 2021 and is projected to reach USD 4.79 Billion by 2028, growing at a CAGR of 7.6% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.

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Top 10 companies leading in the market

McKesson Corporation

Headquarters: Irving, Texas, USA

Founded: 1833

Regional Influence: North America, Europe

Profile: McKesson is one of the largest healthcare supply chain management companies globally, offering distribution, analytics, and automation solutions for pharmaceuticals and medical supplies. With a longstanding legacy, McKesson remains a trusted provider in North America, constantly innovating with data-driven solutions to meet healthcare providers’ needs.

Cardinal Health

Headquarters: Dublin, Ohio, USA

Founded: 1971

Regional Influence: North America, Europe, Asia-Pacific

Profile: Cardinal Health provides a broad range of healthcare services, from distribution to clinical and supply chain services. Known for their expertise in pharmaceutical distribution, they support hospitals, pharmacies, and labs, with a strong presence in North America and expanding reach in international markets.

AmerisourceBergen Corporation

Headquarters: Conshohocken, Pennsylvania, USA

Founded: 2001 (through merger)

Regional Influence: North America, Europe

Profile: Cencora, Inc., formerly known as AmerisourceBergen focuses on pharmaceutical distribution and supply chain management solutions that enhance the efficiency and transparency of the healthcare supply chain. With a robust distribution network and tailored technology solutions, it is a key player in North America and Europe.

SAP SE

Headquarters: Walldorf, Germany

Founded: 1972

Regional Influence: Global

Profile: SAP is a leader in software solutions for enterprise resource planning (ERP) and supply chain management. Through its SAP Integrated Business Planning (IBP) and SAP Ariba solutions, SAP offers end-to-end supply chain management tools, widely used by hospitals and pharmaceutical companies worldwide for effective logistics and inventory control.

Oracle Corporation

Headquarters: Austin, Texas, USA

Founded: 1977

Regional Influence: Global

Profile: Oracle’s cloud-based solutions, such as Oracle SCM Cloud, enable healthcare organizations to automate and streamline supply chain operations. Known for their advanced data analytics, Oracle supports organizations in optimizing procurement, inventory management, and demand planning, serving healthcare providers globally.

Cerner Corporation

Headquarters: Kansas City, Missouri, USA

Founded: 1979

Regional Influence: North America, Europe, Asia-Pacific

Profile: Cerner, a prominent provider of healthcare information technology, offers specialized supply chain solutions for healthcare organizations. Their software enables efficient management of procurement, inventory, and medical equipment tracking, serving hospitals in the U.S. and beyond with advanced automation and data integration capabilities.

Infor

Headquarters: New York, New York, USA

Founded: 2002

Regional Influence: Global

Profile: Infor provides cloud-based healthcare supply chain solutions that integrate with hospital ERP systems, optimizing procurement, inventory, and logistics. Known for its data-driven insights and AI capabilities, Infor supports hospitals and healthcare providers across North America, Europe, and Asia-Pacific, enhancing their operational efficiency.

IBM Corporation

Headquarters: Armonk, New York, USA

Founded: 1911

Regional Influence: Global

Profile: IBM offers a range of healthcare supply chain solutions through its IBM Watson Health platform, combining blockchain, AI, and cloud computing to enhance transparency and efficiency. IBM’s solutions are widely used by healthcare providers and pharmaceutical companies, offering an edge in logistics optimization and predictive analytics.

GE Healthcare

Headquarters: Chicago, Illinois, USA

Founded: 1994 (GE Healthcare as a distinct unit)

Regional Influence: Global

Profile: GE Healthcare provides a wide range of supply chain management solutions, particularly focused on medical device and equipment logistics. Through data-driven solutions, GE Healthcare aids hospitals in managing inventory and ensuring the timely delivery of critical medical supplies in North America, Europe, and Asia-Pacific.

TECSYS Inc.

Headquarters: Montreal, Quebec, Canada

Founded: 1983

Regional Influence: North America, Europe

Profile: TECSYS specializes in warehouse, distribution, and inventory management solutions for healthcare systems and hospitals. With a focus on helping organizations achieve lean and efficient supply chains, TECSYS is a trusted provider in North America and Europe, offering scalable solutions for health systems and hospital networks.

Regional Market Insights

• North America: The largest market for healthcare supply chain management, driven by the region's vast healthcare infrastructure, high adoption of automation, and regulatory emphasis on transparency. Major players like McKesson, Cardinal Health, and AmerisourceBergen are well-established, with a significant market share.
• Europe: Europe is experiencing growth in this market due to its advanced healthcare systems, regulatory support for supply chain optimization, and rising demand for high-quality healthcare services. SAP, Oracle, and TECSYS are key players providing solutions tailored to European healthcare organizations.
• Asia-Pacific: The Asia-Pacific region is projected to be the fastest-growing market, fueled by expanding healthcare infrastructure, government initiatives to enhance healthcare services, and a growing focus on digital transformation. Companies like SAP and Oracle are actively expanding in this region, while local players also contribute to market growth.
• Latin America & Middle East/Africa: These regions are emerging markets with increasing demand for healthcare supply chain solutions, driven by growing healthcare investments and the need to streamline medical logistics. Companies like IBM and Infor are targeting these regions with scalable, cost-effective solutions.

Key Trends in Healthcare Supply Chain Management

Digitization and Automation: As healthcare providers seek efficiency, digitization and automation of supply chain processes have become essential. Cloud-based platforms, data analytics, and IoT-enabled tracking help hospitals manage inventory, reduce waste, and improve decision-making.

Predictive Analytics and AI: AI and machine learning enable predictive insights that help organizations anticipate demand, manage inventory, and prevent shortages. AI-based tools are particularly valuable in predicting seasonal demand and optimizing supply chain routes.

Blockchain for Transparency: Blockchain technology is gaining traction in healthcare supply chains to provide secure, transparent tracking of pharmaceuticals and medical supplies, reducing counterfeiting risks and ensuring compliance with regulations.

Resilience and Risk Management: Post-pandemic, there’s been an increased emphasis on building resilient supply chains capable of handling disruptions. Companies are investing in solutions that enhance visibility and flexibility across supply networks to prevent bottlenecks.