The North American market dominated the global market in 2014. The largest share of the market can be attributed to the implementations of regulations in U.S. such as Drug Supply Chain Security Act and Drug Quality Safety Act for addressing the risks in the pharmaceutical distribution supply chain. Similarly in Canada, the introduction of the Safety of Human Cells, Tissues and Organs for Transplantation Regulations as per Health Canada require every allograft to be tracked through unique identification codes. In addition to the compliance with regulatory requirements, the other factors driving growth in this region are the increasing need for hospitals in to improve their profitability by reducing their operational costs though the adoption of efficient supply chain practices and the dire need for hospitals to improve their inventory management systems to improve their quality of patient care.

Browse 70 market data tables and 15 figures spread through 200 pages and in-depth TOC on “Healthcare Supply Chain Management Market

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The market is segmented on the basis of component, delivery mode, end user, and region. By component, the market is divided into software and hardware. Based on delivery mode, the market is categorized into web-based, on-premise, and cloud-based. The market by end user is categorized into manufactures, distributors, and providers. Based on region, the market is divided into North America, Europe, Asia, and the Rest of the World (Pacific, the Middle East & Africa, and Latin America).

The major factors driving the growth of the this market are the need to curb the increasing healthcare costs, implement better inventory management practices in hospitals to improve the quality of patient care, and compliance with regulatory requirements.

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The major players in this global market include Oracle Corporation (U.S.), Infor (U.S.), Cerner Corporation (U.S.), McKesson Corporation (U.S.), and SAP AG Group (Germany) amongst others.