The developing number of unique device identification (UDI) driven by the Food and Drug Administration (FDA) is supposed to drive the global healthcare supply chain management market development. For example, in May 2021, the U.S. FDA gave a consistence strategy guide on the utilization of the National Health Related Items Code (NHRIC) and National Drug Code (NDC) numbers on gadget marks and bundling. The U.S. FDA laid out the exceptional gadget identification framework, when completely executed, the names on most gadgets will be a novel gadget identifier (UDI) in human-and machine-meaningful structure, which will ultimately work on understanding security, modernize gadget post-market reconnaissance, and work with clinical gadget innovation.
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Global Healthcare Supply chain Management Market-Impact of Coronavirus (COVID-19) Pandemic
The coronavirus pandemic has impacted different businesses globally. The players working in the global healthcare supply chain management market are confronting vital developments on different fronts because of the pandemic. The COVID-19 pandemic seriously affects the global economy at different levels and should be visible in the healthcare business too. The flourishing market of medical care innovative work is supposed to show a precarious decrease in the deals during the lockdown time frame inferable from the closure of the assembling units, intense lack in the supply of unrefined substances, and nonattendance of expected labor. It very well may be found from the ongoing situations achieved by the pandemic that the production and supply chain exercises have encountered minor obstacles. However, the global market is projected to progressively recuperate post-COVID-19 pandemic, which will introduce alluring open doors for deals across different regions of the world before very long.
Expanding drug duplicating in the healthcare business is a rising strain on healthcare providers to upgrade operational effectiveness that is supposed to drive the development of the global healthcare supply chain management market over the estimated time frame. For example, as indicated by the Pharmaceutical Security Institute, the quantity of overall fake medication episodes expanded from 196 in 2002, to 2,108 in 2012 to 3,509 in 2017. Legislatures across the world are increasing their determination to battle this unlawful exchange. Moreover, in February 2019, the Falsified Medicines Directive came into force across the EU and requires all prescription medications to accompany a security highlight empowering clinics, drug stores, or healthcare providers to confirm their validity. In the U.S., the FDA’s Drug Supply Chain Security Act frames prerequisites to create and improve drug supply chain security by 2023.
Key Takeaways of the Global Healthcare Supply Chain Management Market:
- The global healthcare supply chain management market is supposed to display a CAGR of 9.3% during the gauge time frame, inferable from new software improvements to take care of high consumer demand. For example, in September 2020, Syft fostered another solution on the Syft Synergy endeavor supply chain management stage in association with Barnes-Jewish Hospital. It is known as the decedent management and the following solution. It permits users to track and monitor decedents through clinics to memorial service homes.
- Among components, the software portion is supposed to drive the global healthcare supply chain management market development attributable to the upside of the management of numerous cycles on a single-stage and a developing inclination for eco-friendly logistics. For example, as per a study conducted by Sage Growth Partners in 2019, roughly 86% of respondents demonstrated that taking on SCM software can work on the nature of care and productivity.
- Among delivery modes, the cloud-based section is supposed to show the quickest development over the conjecture time frame. Expanding demand for practical, user-friendly advances and higher acknowledgment rates, expanding penetration of cloud registering among healthcare providers for keeping up with inventory and procurement information are supporting the market. For example, in January 2020, Tecsys Inc. declared an organization with Microsoft to empower brilliant retail utilizing Microsoft Power BI. Power BI a cloud-based business analysis toolkit. By giving an insightful supply chain, consumer products organizations and retailers can more readily understand their customers.
- Central players working in the global healthcare supply chain management market incorporate HYBRENT, INC, Arvato Supply Chain Solutions SE, Picis Clinical Solutions, Inc., Premier, Logi-Tag Systems, Cerner Corporation, Blue Yonder Group, Inc., Jump Technologies, Inc., Manhattan Associates, LLamasoft Inc., Epicor Software Corporation, Cardinal Health, Global Healthcare Exchange, LLC., Tecsys Inc., McKesson Corporation, Infor., SAP SE, and Oracle.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Healthcare Supply Chain Management Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Healthcare Supply Chain Management Market Industry Impact
Chapter 2 Global Healthcare Supply Chain Management Market Competition by Types, Applications, and Top Regions and Countries
2.1 Global Healthcare Supply Chain Management Market (Volume and Value) by Type
2.3 Global Healthcare Supply Chain Management Market (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Healthcare Supply Chain Management Market Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Healthcare Supply Chain Management Market Analysis
Chapter 6 East Asia Healthcare Supply Chain Management Market Analysis
Chapter 7 Europe Healthcare Supply Chain Management Market Analysis
Chapter 8 South Asia Healthcare Supply Chain Management Market Analysis
Chapter 9 Southeast Asia Healthcare Supply Chain Management Market Analysis
Chapter 10 Middle East Healthcare Supply Chain Management Market Analysis
Chapter 11 Africa Healthcare Supply Chain Management Market Analysis
Chapter 12 Oceania Healthcare Supply Chain Management Market Analysis
Chapter 13 South America Healthcare Supply Chain Management Market Analysis
Chapter 14 Company Profiles and Key Figures in Healthcare Supply Chain Management Market Business
Chapter 15 Global Healthcare Supply Chain Management Market Forecast (2022-2028)
Chapter 16 Conclusions
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