Report ID: UCMIG35G2198
Report ID:
UCMIG35G2198 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for managing pharmaceutical supply chains in the digital realm was valued at USD 968.3 million in 2022. It is projected to experience a growth rate of 8.2% from 2023 to 2030, ultimately reaching a value of USD 1.84 billion by 2030. Several factors are contributing to the increased demand for digital supply chain management solutions in the healthcare sector, particularly within the pharmaceutical industry. These include government initiatives aimed at enhancing medical supply systems, greater investments in cutting-edge technologies like digital twin technology and control towers, and the adoption of virtual control towers and dashboards to improve visibility, analytics, and operational tools.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Technology by segment aggregation, the contribution of the Health Care Technology in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35G2198