Healthcare Supply Chain Management Market Regional Analysis:
North American Market Forecast
North America region is expected to account for more than 48.3% market share by 2035, driven by higher incidences of chronic diseases, high medicine consumption, and presence of major healthcare manufacturers. In the United States, around 66% of the population, that is about 131 million people, are consuming prescribed drugs. Moreover, 86% of the drug supply in U.S. falls into the category of retail drugs. Furthermore, according to the Centers for Disease Control and Prevention, every 6 in 10 adults is suffering with a chronic disease in the United States. Moreover, there are a large number of healthcare manufacturers present in the region, such as U.S and Canada, that is further predicted to increase the growth of the market in the region.
APAC Market Statistics
On the other hand, the market in the Asia Pacific region is expected to register fastest growth over the forecast period. This can be attributed to the rising investment by the government in healthcare infrastructure, and surging adoption of mobile based healthcare solutions such as mobile medical apps. In addition, there has been an increasing demand for medicines and better healthcare facilities, that is further expected to surge the healthcare supply chain management market growth in the region.
