Global Healthcare Supply Chain Management Market: Restraint
Inadequate value analysis and data collection, lack of awareness, are the major factors that can hinder the growth of the global healthcare supply chain management market. A study paper published by researchers at IIM-Lucknow showed that hospital managers in developing countries such as China, India, Brazil and others have low awareness regarding supply chain management methods and technologies. Moreover, installation of supply chain systems is a costly affair, taking up almost 40% of a hospital’s operating budget. This factor could hinder the global healthcare supply chain management market growth.
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