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Group Purchasing Organizations in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Group Purchasing Organizations Market Research Report | Advisory & Financial Services | Other Outsourced Functions | Jan 2013

Strength in numbers: Revenue will rise alongside corporate profit and downstream demand

The Group Purchasing Organizations market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
MedAssets MedAssets market share
Novation Novation market share
Premier Premier market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 08-13
1.6%
Annual Growth 13-18
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Profit
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Employment
9,550
Businesses
827
Industry Analysis & Industry Trends

In the past five years, the industry has expanded in the wake of growing demand from medical and manufacturing industries. Operators are expected to benefit further in the next five years from rising corporate profit and continued demand from major markets. GPOs will face escalating challenges, however, as hospitals and other businesses increase pricing pressures.... purchase to read more

Industry Report - Industry Key Buyers Chapter

Market share concentration in the Group Purchasing Organizations (GPOs) industry is estimated to be moderate. IBISWorld estimates that the four largest companies in the industry generate nearly 50.0% of total revenue. This concentration is largely driven by dominance in the healthcare market. Healthcare services are estimated to account for nearly 60.0% of total revenue. Furthermore, the healthcare market is heavily concentrated, with the top six GPOs estimated to account for nearly 90.0% of buying power and revenue. Over the next five years, industry concentration is expected to remain at a moderate level as these top companies maintain their position in the market by expanding their offering of value-added services, including consulting, data benchmarking and performance analysis... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Group Purchasing Organizations Industry?

This industry includes organizations that leverage the purchasing power of groups of businesses to obtain collective discounts from vendors.

Industry Products
Supply chain services administrative feesGroup member feesE-procurementData benchmarking
 
Industry Activities
Organizing group purchasing agreementsData benchmarkingPerformance analysisSupply chain optimization


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