Here are four takeaways:
1. The market is expected to grow at a compound annual growth rate of 8 percent.
2. The market’s major players include McKesson, SAP SE, Oracle, Infor, HighJump, Manhattan Associates, JDA, TECSYS, Kinaxis, BluJay Solutions, Jump Technologies and LogiTag Systems.
3. Companies targeting healthcare expenditure have played an important role in the market’s growth.
4. Market growth was also fueled by demand for quality inventory management systems and better patient care, as well as government regulations.
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