Healthcare Supply Chain Management Market Size

Healthcare Supply Chain Management Market size was valued at USD 2.44 billion in 2024 and is set to reach USD 9.06 billion by the end of 2037, registering around 10.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of healthcare supply chain management is assessed at USD 2.65 billion.

The growth of the market can primarily be ascribed to the increasing IoT (internet of things) adoption in supply chain management. Additionally, the adoption of IOT in supply chain management helps to locate the movement of goods, monitor their storage conditions, and it is anticipated to surge the growth of the market. On integrating IoT with healthcare supply chain management, around 94% of the medical professionals found a progressive correlation between management and finance across the globe.

Besides this, the higher number of people accessing medical helps, such as, guidance, medicines and others is to propel the growth of the global healthcare supply chain management. There are nearly 350,00 mobile health apps present in app stores, and around 4 million individuals in the United States use these apps. Furthermore, blockchain inclusion in medical supply chain management is projected to fuel the market growth in the upcoming years. The leading companies in the pharmaceutical sector, Pfizer Inc. and Biogen, formed an organization, Clinical Supply Blockchain Working Group (CSBWG), it promotes using the blockchain solutions for tracking shipments of medicine packages shipped by pharmaceutical companies.