MENA Healthcare Supply Chain Management Market (Function - Forecasting and Planning, Inventory Management and Procurement, Internal Logistics and Operations, Warehousing and Distribution, Reverse and Extended Logistics, and Others; Delivery Mode - On-premise, Web-based, and Cloud; End User - Pharmaceutical and Biotech Companies, Distributors, Healthcare Providers, and Others): Industry Analysis, Trends, Size, Share and Forecasts to 2030

A recent report ongoing study by Infinium Global Research on the healthcare supply chain management market provides an in-depth analysis of segments and sub-segments in the MENA as well as regional healthcare supply chain management market. The study also highlights the impact of drivers, restraints, and macro indicators on the MENA and regional healthcare supply chain management market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the MENA healthcare supply chain management market. The healthcare supply chain management market was valued at over USD 80 million in 2022 and is expected to reach more than USD 135 million in 2030, with a CAGR of over 6% during the forecast period of 2023-2030.

Market Insight

The MENA region has witnessed spectacular growth in the last two decades, especially in the Healthcare sector. Rapid demand in the healthcare industry is partly attributable to the aging population and the growing prevalence of lifestyle disorders. However, the MENA countries have made exceptional efforts to make world-class healthcare facilities accessible to all its residents and citizens. The major chunk of the services in the healthcare sector in the MENA region is provided by the expatriate healthcare workforce. By establishing high-quality training facilities and educational institutions, the government is making significant advancements toward reducing this dependence. The Northern Emirates' major healthcare regulator is the Ministry of Health (MoH). It is the government agency responsible for coordinating the UAE's healthcare regulations, creating a complete national healthcare system, and guaranteeing that healthcare is accessible across the entire nation.

The amount of money from businesses, the need for cloud-based solutions, and the pressure on healthcare providers to boost operational performance are all rising in the MENA region. The increasing drug counterfeiting in the pharmaceutical industry is some of the factors that will likely accelerate the growth of the healthcare supply chain management market. On the other hand, the widespread use of mobile-based solutions, the use of Artificial Intelligence and analytics, as well as blockchain management, will increase different opportunities. Consequently, over the course of the projection period, the market for healthcare supply chain management will grow. Healthcare organizations can follow regulations and provide value-based treatment with the use of supply chain management software. The market for healthcare supply chain management is developing as a result of emerging economies' growing acceptance of supply chain management solutions, including hardware and software. High installation and maintenance costs may hinder the market's expansion for healthcare supply chain management. The MENA region medical supply chain management market is expected to grow steadily in the coming years. The expansion of collaboration between software and pharmaceutical companies, the need for cloud-based solutions, the expansion of supply chain management product offerings, and the appearance of technical developments in the healthcare supply chain.

Geographically, The UAE and Saudi Arabia are the major economies in the MENA region. The United Arab Emirates has undertaken ground-breaking efforts to build a strong healthcare infrastructure that is now increasingly regarded as meeting or exceeding international standards. The UAE has more than doubled its healthcare budget, and spending of GDP on healthcare and the market is expected to grow at an impressive. The UAE’s healthcare infrastructure outshines that of other MENA countries. In addition to a rapidly growing commercial healthcare industry, the UAE offers a robust government-funded healthcare system. The UAE has worked industriously to build a solid healthcare infrastructure that is now widely seen as meeting international standards.

Report Scope of the Healthcare Supply Chain Management Market:

Segment Covered

The report on MENA healthcare supply chain management market covers segments such as function, delivery mode, and end user. On the basis of function, the sub-markets include forecasting and planning, inventory management and procurement, internal logistics and operations, warehousing and distribution, reverse and extended logistics, and others. On the basis of delivery mode, the sub-markets include on-premise, web-based, and cloud. On the basis of end user, the sub-markets include pharmaceutical and biotech companies, distributors, healthcare providers, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Oracle, Cardinal Health, Microsoft, Epicor Software Corporation, Infor, Manhattan Associates, Blue Yonder Group, Inc., HOPE Consortium, YAS - Holding Company, and DB Schenker.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the healthcare supply chain management market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.