The global vaccine management solution market has reached a valuation of US$ 233 million in 2022 and is expected to progress at a CAGR of 11.9% to reach US$ 721 million by the end of 2032.Deployment of vaccine management solutions accounted for less than 2% share of the global pharmacy management market at the end of 2021.
A major driver of the vaccine management solution market expansion is the commitment that numerous countries have made to the Global Vaccine Action Plan (GVAP). The use of a centralized system and a vaccine management solution is likely to aid providers in managing workflow more successfully.
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Additionally, it is anticipated that cloud-based technologies are likely to help healthcare professionals make decisions in real-time. Prior to now, only a small number of global corporations offered top-notch services for immunization management systems.
Key Companies Profiled
- Accenture
- Infosys
- Deloitte
- Salesforce
- Conduent
- UL LLC
- Sense Corp
- Qualtrics
- Omnisys
- Promero
- PreCheck
- Epazz
- Mazik Global
- HealthRX
Highlights of the Vaccine Management Solutions Market study:
- North America dominates the global vaccine management solutions market with a share of around 35% in 2019, the main driver being the well-established Information Communication and Technology (ICT) companies in the region.
- Vaccine Management Solutions market, with the exception of Middle East & Africa, which experienced the highest CAGR in Latin America. This is because active international organizations support a full global vaccine action plan.
- The global market is projected to surge at an impressive CAGR of over 17% by 2030.
- The COVID-19 pandemic is one of the major factors driving the global demand for vaccine management solutions. Government focus on improving digital infrastructure is another reason supporting the growth of vaccine management solutions market.
Competitive Landscape
Prominent vaccine management solution service providers are Accenture, Infosys, Deloitte, Salesforce, Conduent, UL LLC, Sense Corp, Qualtrics, Omnisys, Promero, PreCheck, Epazz, Mazik Global, and HealthRX.
The low availability of trained professionals can be a significant bottleneck in service offerings and competitive vaccine management solutions. Major market players are working to bring advanced technology to the market.
Some of the key developments are :
- In 2020, Omnisys announced launching OmniLINK vaccine management solution (VMS) that particularly focuses on pharmacy-administered immunization programs.
- In February 2020, Infosys, an Indian multinational information technology company, announced acquiring a Utah-based company named Simplus for US$ 250 million. The acquisition assists the company in providing vaccine management solutions.
Vaccine Management Solutions Market: Segmentation
Fact.MR studied the Vaccine Management Solutions market with detailed segmentation based on component, model, subscription, end use and geography.
Element
- solution
- Inventory Management
- program management
- Clinical V. Management
- material management
- public participation
- Organization Support
- service
- management service
- professional service
Model
- platform solution
- one point solution
application
- new subscriber
- Subscriber renewal
end use
- public
- private
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