HealthLeaders Media May 18, 2020
Hospitals account for nearly three-quarters of supply chain management market demand side, according to a new report.
The healthcare supply chain management market is expected to see its largest growth in the North American market between 2020 to 2025, according to a Research and Markets report released Monday morning.
Overall, the healthcare supply chain management market is projected to increase at a compound annual growth rate (CAGR) of 7.9% during the forecast period.
The report attributed the North American market’s projected CAGR to widespread consolidation among hospitals, as well as the “rising prevalence of chronic diseases and growing awareness in the region.” Meanwhile, the European market is projected to have the second highest CAGR, according to Research and Markets.
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