Healthcare Supply Chain Statistics 2024 – Everything You Need to Know

Are you looking to add Healthcare Supply Chain to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Healthcare Supply Chain statistics of 2024.

My team and I scanned the entire web and collected all the most useful Healthcare Supply Chain stats on this page. You don’t need to check any other resource on the web for any Healthcare Supply Chain statistics. All are here only 🙂

How much of an impact will Healthcare Supply Chain have on your day-to-day? or the day-to-day of your business? Should you invest in Healthcare Supply Chain? We will answer all your Healthcare Supply Chain related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best Healthcare Supply Chain Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 115 Healthcare Supply Chain Statistics on this page 🙂

Healthcare Supply Chain Market Statistics

  • The global protective gloves market size is predicted to reach USD 33.26 billion by 2029 and exhibit a CAGR of 4.6% during the forecast period. [0]
  • The global beer market size is projected to grow from USD 768.17 billion in 2021 to USD 989.48 billion in 2028 at a CAGR of 3.68% during the forecast… [0]
  • Based on our analysis, the global market exhibited a lower growth of 11.6% in 2020 as compared to the average yearonyear growth during 2017. [1]
  • The market is projected to grow from USD 2.14 billion in 2021 to USD 5.40 billion in 2028 at a CAGR of 14.2% in the 2021. [1]
  • The market is expected to grow at a CAGR of 14.2% during the forecast period. [1]
  • Amazon Business is capable of supplying 90% of the hospital’s supply chain needs, Palcich said, adding that it’s a helpful market research tool with customer service that is often more responsive than that of its vendors. [2]
  • The worldwide information security market is forecast to reach $170.4 billion in 2024, according to Gartner. [3]

Healthcare Supply Chain Software Statistics

  • For instance, according to a survey conducted by Sage Growth Partners in 2019, around 86% of respondents said that the adoption of SCM software could improve care quality and profit margin. [1]
  • 69% of organizations don’t believe the threats they’re seeing can be blocked by their anti. [3]

Healthcare Supply Chain Adoption Statistics

  • For instance, according to a survey conducted by Sage Growth Partners in 2019, around 86% of respondents said that the adoption of SCM software could improve care quality and profit margin. [1]

Healthcare Supply Chain Latest Statistics

  • ETFortune Business InsightsProtective Gloves Market to Hit USD 33.26 Billion by 2029 – Global Protective Gloves Industry Register a CAGR of 4.6%Pune, India, April 22, 2024. [0]
  • ETFortune Business InsightsBeer Market to Hit USD 989.48 Billion by 2028 – Beer Industry Exhibit a CAGR of 3.68% from 2021 to 2028Pune,. [0]
  • As of March 2021, 73% of the FDA registered facilities that manufacture raw materials into active pharmaceutical ingredients were outside the U.S. [4]
  • Supply chain disruptions spiked 67 percent in 2020, with the pandemic having a dramatic impact across every industry, including healthcare. [5]
  • According to international trade statistics, 40 percent of all cargo that comes to the U.S. is routed through the ports of LA and Long Beach. [5]
  • The Freightos Baltic Index reported that in September, container shipping costs from Asia to the U.S. West Coast were up more than $20,000 per FEU ─ a 499% increase from the same time in 2020. [5]
  • This tool could predict a hospital’s COVID 19 census based on cases at the county level; model supply levels based on estimated case volume and typical surge demand; and show inventory availability by supplier. [5]
  • Based on WHO modelling, an estimated 89 million medical masks are required for the COVID 19 response each month. [6]
  • To meet rising global demand, WHO estimates that industry must increase manufacturing by 40 per cent. [6]
  • New Shortages by Year Percent Injectable January 2001 to March 31, 2024. [7]
  • National Drug Shortages Reasons for Shortages as Reported by Manufacturers During UUDIS Investigation 2021 University of Utah Drug Information Service [email protected] @foxerinr for more information. [7]
  • Employment of logisticians is projected to grow 30 percent from 2020 to 2030, much faster than the average for all occupations. [8]
  • Stat poll found that only 30% of medical practices report difficulty securing adequate supplies, such as personal protective equipment , compared to 70% that have no such issues. [9]
  • Several online retailers have become homes for fake or dysfunctional KN95 masks, as reported by The New York Times , that are not authorized for use in healthcare settings. [9]
  • An MGMA BestPrice broad analysis of 2021 Q3 data found independent providers spent 37% more on average for exam gloves over the prior quarter, continuing a long string of quarterly price increases that topped 100% year over year. [9]
  • The Deltavariantdriven COVID 19 peak during the period drove utilization up 9%, putting additional strain on inventory and raw materials. [9]
  • “MGMA members should expect price increases to be relatively stable across vendors within a category based upon raw material and shipping costs and local COVID 19 outbreaks,” according to the MGMA BestPrice report. [9]
  • For example, the University of Pittsburgh Medical Center invested in a 150,000 square foot warehouse and management system, moving the volume and costs of 10 vendors to inhouse self distribution, according to a report in Forbes. [10]
  • In a 2016 survey conducted by Black Book, 69% of healthcare. [10]
  • The study published in JAMA Surgery showed that after a year of receiving the monthly scorecards, the group’s yearover year savings stood at 9.95% for a total savings of $836,147. [10]
  • 8 key statistics Healthcare product manufacturers are mastering some aspects of the medical supply chain, but challenges remain, according to a survey funded by Atlanta. [11]
  • In 2015, 75 percent of respondents reported success in addressing product security compared with 55 percent in 2014. [11]
  • Of respondents, 70 percent reported success in addressing regulatory compliance versus 57 percent of respondents in 2014. [11]
  • Of those who reported success in avoiding product damage and spoilage, 74 percent credited partnering with a high. [11]
  • An analysis by Navigant Consulting estimates that hospitals could save an average of 17.7 percent or USD 11 million per hospital annually by streamlining and standardizing their supply chain processes. [1]
  • Information on availability and estimated shortage duration is based on the FDA’s current analysis and may change as the COVID 19 Public Health Emergency evolves. [12]
  • Cutting costs, Amazon style Automating Summit Pacific’s procurement process through Amazon Business streamlined operations, reduced shipping costs and added visibility to its supply chain, ultimately reducing supply chain related labor expenses by 80%. [2]
  • Typically, 80% of providers’ spend is with 20% of their suppliers and 20% of their spend is with 80% of their suppliers, the latter being tail spend. [2]
  • Automation reduces costs, according to 39% of respondents, while 1 in 4 said automated systems free up time to focus on patients and produce better outcomes. [2]
  • According to Cybint, 95% of cybersecurity breaches are caused by human error. [3]
  • 95% of cybersecurity breaches are caused by human error. [3]
  • 88% of organizations worldwide experienced spear phishing attempts in 2019. [3]
  • 68% of business leaders feel their cybersecurity risks are increasing. [3]
  • On average, only 5% of companies’ folders are properly protected. [3]
  • 86% of breaches were financially motivated and 10% were motivated by espionage. [3]
  • 45% of breaches featured hacking, 17% involved malware and 22% involved phishing. [3]
  • and .dot which make up 37%, the next highest is .exe. [3]
  • An estimated 300 billion passwords are used by humans and machines worldwide. [3]
  • Personal data was involved in 58% of breaches in 2020. [3]
  • Security breaches have increased by 11% since 2018 and 67% since 2014. [3]
  • 64% of Americans have never checked to see if they were affected by a data breach. [3]
  • 56% of Americans don’t know what steps to take in the event of a data breach. [3]
  • The average ransomware payment rose 33% in 2020 over 2019, to $111,605. [3]
  • 94% of malware is delivered by email. [3]
  • 48% of malicious email attachments are office files. [3]
  • Ransomware detections have been more dominant in countries with higher numbers of internet connected populations, and the U.S. ranks highest with 18.2% of all ransomware attacks. [3]
  • Most malicious domains, about 60%, are associated with spam campaigns. [3]
  • About 20% of malicious domains are very new and used around one week after they are registered. [3]
  • 65% of groups used spear phishing as the primary infection vector. [3]
  • Phishing attacks account for more than 80% of reported security incidents. [3]
  • 30% of data breaches involve internal actors. [3]
  • 90% of remote code execution attacks are associated with cryptomining. [3]
  • 66% of companies see compliance mandates driving spending. [3]
  • 15% of companies found 1,000,000+ files open to every employee. [3]
  • 17% of all sensitive files are accessible to all employees. [3]
  • About 60% of companies have over 500 accounts with non. [3]
  • More than 77% of organizations do not have an incident response plan. [3]
  • Companies reportedly spent $9 billion on preparing for the GDPR and, in 2018, legal advice and teams cost UK FTSE 350 companies about 40% of their GDPR budget or $2.4 million. [3]
  • 88% of companies spent more than $1 million on preparing for the GDPR. [3]
  • Since the GDPR was enacted, 31% of consumers feel their overall experience with companies has improved. [3]
  • By 2019, only 59% of companies believed they were GDPR compliant. [3]
  • 70% of companies agree that the systems they put in place will not scale as new GDPR regulations emerge. [3]
  • The healthcare industry lost an estimated $25 billion to ransomware attacks in 2019. [3]
  • More than 93% of healthcare organizations experienced a data breach in the past three years. [3]
  • 15% of breaches involved healthcare organizations, 10% in the financial industry and 16% in the public Sector. [3]
  • Trojan horse virus Ramnit largely affected the financial sector in 2017, accounting for 53% of attacks. [3]
  • Financial and manufacturing services have the highest percent of exposed sensitive files at 21%. [3]
  • Manufacturing companies account for nearly a quarter of all ransomware attacks, followed by the professional services with 17% of attacks, and then government organizations with 13% of attacks. [3]
  • The U.S. government allocated an estimated $18.78 billion for cybersecurity spending in 2021. [3]
  • Lifestyle (15%) and entertainment (7%). [3]
  • Supply chain attacks were up 78% in 2019. [3]
  • Security services accounted for an estimated 50% of cybersecurity budgets in 2020. [3]
  • The total cost of cybercrime for each company increased by 12% from $11.7 million in 2017 to $13.0 million in 2018. [3]
  • In 2019 over 2020, Scandinavia saw the largest increase in total cost of data breaches at 12%, while South Africa saw the largest decrease at 7.4%. [3]
  • 50% of large enterprises are spending $1 million or more annually on security, with 43% spending $250,000 to $999,999, and just 7% spending under $250,000. [3]
  • More than 70 percent of security executives believe that their budgets for fiscal year 2021 will shrink. [3]
  • Since the pandemic began, the FBI reported a 300% increase in reported cybercrimes. [3]
  • 27% of COVID. [3]
  • target banks or healthcare organizations and COVID 19 is credited for a 238% rise in cyberattacks on banks in 2020. [3]
  • Confirmed data breaches in the healthcare industry increased by 58% in 2020. [3]
  • 52% of legal and compliance leaders are concerned about thirdparty cyber risks due to remote work since COVID. [3]
  • 47% of employees cited distraction as the reason for falling for a phishing scam while working from home. [3]
  • 81% of cybersecurity professionals have reported their job function changed during the pandemic. [3]
  • Cloud based cyber attacks rose 630% between January and April 2020. [3]
  • Remote workers have caused a security breach in 20% of organizations. [3]
  • 27% of COVID19 cyberattacks target banks or healthcare organizations and COVID 19 is credited for a 238% rise in cyberattacks on banks in 2020. [3]
  • Confirmed data breaches in the healthcare industry increased by 58% in 2020. [3]
  • 61% of companies think their cybersecurity applicants aren’t qualified. [3]
  • 70% of cybersecurity professionals claim their organization is impacted by the cybersecurity skills shortage. [3]
  • Since 2016, the demand for Data Protection Officers has skyrocketed and risen over 700%, due to the GDPR demands. [3]
  • 61% of cybersecurity professionals aren’t satisfied with their current job. [3]
  • There was a 350 percent growth in open cybersecurity positions from 2013 to 2021. [3]
  • 40 percent of IT leaders say cybersecurity jobs are the most difficult to fill. [3]
  • The cybersecurity unemployment rate is 0% and is projected to remain there through 2021. [3]
  • By 2021, 100% of large companies globally will have a CISO position. [3]
  • Information Security Analysts job positions in the US are expected to grow 31% from 2019–29. [3]
  • Computer Network Architect job positions in the US are expected to grow 5% from 2019–29. [3]
  • Computer Programmer job positions in the US are expected to decline 9% from 2019–29. [3]
  • Stock availability at service delivery points , for example, was as high as 95 percent and as low as 36 percent at aggregate provincial levels across the country. [13]
  • Consequently, family planning supply chains experienced commodity shortages up to 80 percent of the time. [13]
  • As a result of the new model, the Ministry of Health and Social Action was able to reduce stockout rates of vaccines to less than 2 percent in the pilot district. [13]
  • Between 59 83% of organizations have reported delays or increased lead times in acquiring supplies since the onset of the pandemic. [14]
  • In response, 81 percent of these organizations adjusted their inventories, most by increasing inventory levels, to weather the demand fluctuations and disruptions. [14]
  • According to IDC , 62 percent of hospitals increased spend on supply chain applications and 64 percent of executives called their cloudbased supply chain management applications “business. [14]
  • In fact, 88 percent of healthcare executives identified AI as a ‘critical’ technology for their supply chains in the next three years. [14]

I know you want to use Healthcare Supply Chain Software, thus we made this list of best Healthcare Supply Chain Software. We also wrote about how to learn Healthcare Supply Chain Software and how to install Healthcare Supply Chain Software. Recently we wrote how to uninstall Healthcare Supply Chain Software for newbie users. Don’t forgot to check latest Healthcare Supply Chain statistics of 2024.

Reference


  1. globenewswire – https://www.globenewswire.com/news-release/2021/06/29/2254517/0/en/Healthcare-Supply-Chain-Management-Market-Size-to-Hit-USD-5-40-Billion-by-2028-Adoption-of-Blockchain-Technology-for-Transaction-to-Boost-Growth-Fortune-Business-Insights.html.
  2. fortunebusinessinsights – https://www.fortunebusinessinsights.com/industry-reports/healthcare-supply-chain-management-market-101051.
  3. modernhealthcare – https://www.modernhealthcare.com/article/20180929/NEWS/180929919/amazon-primed-to-streamline-healthcare-supply-chain.
  4. varonis – https://www.varonis.com/blog/cybersecurity-statistics.
  5. statnews – https://www.statnews.com/2021/08/26/expanding-domestic-public-health-supply-chain-matter-of-national-security/.
  6. premierinc – https://premierinc.com/newsroom/blog/report-the-current-state-of-healthcare-supply-chain-disruptions.
  7. who – https://www.who.int/news/item/03-03-2020-shortage-of-personal-protective-equipment-endangering-health-workers-worldwide.
  8. ashp – https://www.ashp.org/drug-shortages/shortage-resources/drug-shortages-statistics.
  9. bls – https://www.bls.gov/ooh/business-and-financial/logisticians.htm.
  10. mgma – https://www.mgma.com/data/data-stories/medical-supply-costs-still-high-amid-covid-19-spik.
  11. michiganstateuniversityonline – https://www.michiganstateuniversityonline.com/resources/healthcare-management/changes-and-challenges-in-the-healthcare-supply-chain/.
  12. beckershospitalreview – https://www.beckershospitalreview.com/finance/global-ups-survey-addresses-what-s-right-wrong-in-the-healthcare-supply-chain-8-key-statistics.html.
  13. fda – https://www.fda.gov/medical-devices/coronavirus-covid-19-and-medical-devices/medical-device-shortages-during-covid-19-public-health-emergency.
  14. mckinsey – https://www.mckinsey.com/industries/public-and-social-sector/our-insights/transforming-global-health-supply-chains-through-data-visibility.
  15. ibm – https://www.ibm.com/blogs/supply-chain/4-challenges-impacting-the-healthcare-supply-chain/.

How Useful is Healthcare Supply Chain

One of the key reasons why the healthcare supply chain is so useful is its ability to ensure that healthcare facilities have the necessary supplies on hand when they are needed. Imagine the chaos that would ensue if a hospital ran out of crucial medications or medical equipment during a medical emergency. The healthcare supply chain helps prevent such incidents by carefully tracking inventory levels and monitoring demand to anticipate future needs.

Another important function of the healthcare supply chain is its role in cost control. Healthcare costs continue to rise, putting a strain on patients, providers, and payers alike. By streamlining processes, reducing waste, and negotiating favorable contracts with vendors, the healthcare supply chain can help contain costs without compromising the quality of care. For example, purchasing supplies in bulk or through group purchasing organizations can result in significant cost savings for healthcare facilities.

Efficiency is another area where the healthcare supply chain shines. By leveraging technology and automation, supply chain professionals can streamline processes, reduce errors, and improve overall efficiency. For example, automated inventory management systems can help prevent stockouts, reduce excess inventory, and improve order accuracy. These efficiencies not only save time and resources but also improve patient outcomes by ensuring that healthcare providers have what they need when they need it.

The healthcare supply chain also plays a crucial role in patient safety. Ensuring that the right medications, medical devices, and supplies are available and in good condition is essential to providing safe and effective care. Without a reliable supply chain, providers could inadvertently use expired medications, faulty medical equipment, or counterfeit supplies, putting patients at risk. By implementing rigorous quality control measures and tracking products from manufacturer to end-user, the healthcare supply chain helps safeguard patients from harm.

In conclusion, the healthcare supply chain is a truly indispensable part of the healthcare system that often goes underappreciated. From ensuring that healthcare facilities have the necessary supplies on hand to controlling costs, improving efficiency, and safeguarding patient safety, the healthcare supply chain plays a critical role in the delivery of quality healthcare. As the healthcare industry continues to evolve, the importance of the supply chain will only continue to grow. By recognizing and investing in the healthcare supply chain, we can help ensure that patients receive the care they deserve.

In Conclusion

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