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North American Healthcare Supply Chain Management Market Slated for Highest CAGR Thanks to Provider Consolidation

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.”
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