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Modern Manufacturing Execution System Provider | Market Size | 2035

Driven by complex manufacturing processes, the manufacturing execution systems market in healthcare is likely to witness over 16% growth in 2035. The Roots Analysis report features an extensive study of the current market landscape and future opportunities.<br><br>For additional details, visit here: https://www.rootsanalysis.com/reports/manufacturing-execution-systems-market.html

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Modern Manufacturing Execution System Provider | Market Size | 2035

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  1. MANUFACTURING EXECUTION SYSTEM PROVIDERS IN HEALTHCARE MARKET (2035) Every year, the healthcare industry generates a massive amount of data. In fact, healthcare data currently constitutes around 30% share of the global data volume. Further, it is estimated that, by 2025, the data generated via the healthcare sector will rise at a compound annual growth rate of 36%.1However, it is important to consider that the constant management of such enormous volumes of data is a quite tedious process and challenging process. Specifically, management and handling of huge datasets in the healthcare industry often requires a large workforce of specialized personnel. According to the American Hospital Association, by 2026, there is likely to be a shortage of 3.2 million healthcare workers. The continuously growing data, coupled to the projected deficit of healthcare workers, would inadvertently generate pressure on healthcare manufacturers to adopt novel tools / technologies that can improve management efficiency and better utilize the available, expensive resources. Moreover, increasing complexity of healthcare manufacturing operations, along with growing stringency and frequent changes in regulatory requirements has created a dire need for adoption of automated solutions, such as manufacturing execution systems (MES). Core functions of the manufacturing execution system have been depicted below. 1

  2. In recent years, several healthcare stakeholders have actively undertaken initiatives to incorporate a manufacturing execution system into their production lines, with an aim to connect, monitor and control the complex manufacturing process. In addition, players are integrating advanced technologies, including internet of things (IoT) and artificial intelligence (AI), in order to collect and analyze large volumes of data from various sources, as well as to produce value in the form of insights, predictions and actions. According to industry experts, MES has the potential to reduce 10%-30% of the overall production cost depending on the type of industry.2It has further been observed that companies are increasingly adopting cloud-based manufacturing execution systems, to overcome the challenges associated with growing complexity of processes and global expansion of businesses.3 Specifically, cloud-based MES integrates real-time information of different production floors and promotes collaboration.4Driven by the ongoing innovation in the industry, as well as the rise in demand for automated solutions, the manufacturing execution system providers market for the healthcare sector is likely to witness positive growth over the coming years. Deployment Models of Manufacturing Execution System and related parameters are depicted below. PRESENTLY, THAN 75 MORE COMPANIES ACROSS THE GLOBE CLAIM TO OFFER MANUFACTURING EXECUTION SYSTEM FOR THE HEALTHCARE SECTOR IN ORDER TO MONITOR, TRACK AND CONTROL THE PRODUCTION PROCESS During our research we were able to identify 76 players that are actively engaged in providing manufacturing execution systems in the healthcare sector globally. Majority (XX) of the players engaged in this domain were established during the period 1951-2022. 2 3 4

  3. The market is characterized by the presence of very large companies (more than 10,000 employees), large players (501-10,000 employees), mid-sized companies (51-500 employees) and small companies (less than 50 employees). It is worth mentioning that mid-sized companies are predominantly contributing to this field (XX). Notably, the industry has also witnessed contributions from several very large firms (XX). such as (in alphabetical order) Dassault Systèmes, Emerson, XX, Honeywell XX, XX, XX and Samsung SDS. Europe (XX) emerged as the most prominent region wherein majority of the manufacturing execution system providers are located. This is followed by players that are based in North America (XX). Examples of players based in North America include iBASEt, XX, XX and Oracle. During our research, we observed that the majority of the manufacturing execution system providers offer cloud-based solutions (XX), followed by on-premises (XX). Examples of the providers offering on-premises solutions include Aveva, XX, XX, XX, Rockwell Automation and Trunovate. Furthermore, the majority (87%) manufacturing execution system providers offer MES in subscription-based license type followed by providers offering MES in both perpetual and subscription-based models.

  4. It is worth mentioning that the majority (XX%) of MES providers integrate enterprise resource planning (ERP) software with MES followed by product lifecycle management (PLM) (XX%). Out of the XX manufacturing execution system providers, XX providers offer MES solutions to medical device providers followed by pharmaceutical (XX), XX players offer MES solutions to life science / biotechnology firms some to the example include (in alphabetical order) Dassault Systèmes, Emerson, XX, XX, Hitachi, XX, Honeywell and LZ Lifescience.

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