The Latin America, Middle East and Africa Healthcare Supply Chain Management Market would witness market growth of 10.6% CAGR during the forecast period (2019-2025).
Specific tasks, such as automated purchasing; price and contract management; invoice processing and payment; process control; supply chain optimization; product master management; and implantable product supply chain management; among others, supply chain management systems can be effectively managed. Through the implementation of these solutions, healthcare providers can reduce costs along with increasing the work efficiency.
Numerous functions of healthcare suppliers, such as sales data analysis, price alignment, inventory management, and implantable product supply chain management, and master data management can be streamlined with the use of supply chain management software for healthcare. These solutions provide and derive accurate information about the market and help to make critical business decisions. Pricing disparities, commission overpayment, and distributor rebates can also be minimized through the use of such approaches.
The growing need to enhance operational efficiency and profitability as well as minimize operating costs mainly by healthcare providers and manufacturers is boosting the growth of the target market. The advent of cloud-based and mobile solutions throughout the healthcare sector is also encouraging market growth. Furthermore, advancements in analytics, machine learning, and rise of social media and big data are expected to even further drive the market exponentially.
The healthcare supply chain is efficiently regulated. The main emphasis is on patient safety and not, as in other industries, on operational efficiency. It is a challenge to synchronize to build efficient operations and processes in line with the rules and regulations laid down. But in the Middle East, patients may feel safe, as everything is done to ensure that products are always handled correctly.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
Scope of the Study
o By Type
By End Use
• Healthcare Manufacturers
• Healthcare Providers
By Delivery Mode
• Saudi Arabia
• South Africa
• Rest of LAMEA
• 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.
• Henry Schein, Inc.
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