Global Healthcare SCM Market 2016-2020

Market outlook of the healthcare SCM market

Technavio’s research analyst predicts the global healthcare SCM market to grow steadily at a CAGR of 10% over the next four years. The need to improve traceability in the healthcare SCM system is the primary growth driver for this market. Healthcare SCM helps organizations with labor optimization, financial management, and smooth flow of information throughout the entire supply chain.

Over the years, many SCM software solutions have been developed by the leading players in this market in a bid to reduce errors related to procurement of healthcare devices. . Ongoing efforts to implement GS1 standards as a tool to improve healthcare SCM systems will further augment the adoption of SCM in the healthcare sector during the forecast period.

Segmentation and analysis of the healthcare SCM market

• Supply chain planning
• Warehouse management system