The Europe Healthcare Supply Chain Management Market would witness market growth of 7.1% CAGR during the forecast period (2019-2025). The European Commission, the United States Food and Drug Administration (FDA) as well as other regulatory agencies have made the healthcare supply chain a global strategic priority by authorizing legislation for medical devices for UDIs. Counterfeit medicinal products are a trend that is increasing with each passing year and therefore it is important to implement UDI on medical devices. UDI also improves the management of inventories and provides a sustained way to identify distribution items.
Cloud-based supply chain management software and its features are evolving the healthcare sector. Due to the focus of healthcare suppliers and providers on achieving higher product efficiency and inventory optimization, the demand for cloud-based software is experiencing rapid rise. For example, Jump Technologies has created a cloud-based software solution called JumpStock that integrates with EMR, ERP, or scheduling systems, enabling hospitals to cut costs associated with medication hoarding, physician preference variances, and stock outs. Tracking and traceability technologies based on the cloud protect producers from unpredictable product recall expenses through early detection of product quality issues. These solutions also enhance order management and production planning at all warehouse sites.
Preference for cloud-based technology has grown in terms of on-premise and web-based implementation due to various security breaches. The network performance affects web-based applications. In addition to the high costs associated with running dedicated servers, this compels different healthcare organizations to move to cloud-based deployments.
Based on Product, the market is segmented into Software, Hardware and Services. Based on Hardware Type, the market is further segmented into Barcodes and RFID Tags. Based on End Use, the market is segmented into Healthcare Manufacturers, Distributors, Healthcare Providers and Logistics. Based on Delivery Mode, the market is segmented into On-Premise, Web-Based and Cloud-Based. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Healthcare Supply Chain Management Market in Europe is expected to register a CAGR of 7.1% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tecsys, Inc., Jump Technologies, Inc., McKesson Corporation, Infor, Inc. (Koch Industries), SAP SE, Oracle Corporation, JDA Software Group, Inc., Manhattan Associates, Inc., Ascension Health, Inc., and Henry Schein, Inc.
Market Segmentation:
By Product
By End Use
By Delivery Mode
By Country
Companies Profiled
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