Industry Analysis & Industry Trends
In the past five years, the Group Purchasing Organizations (GPOs) industry has expanded in the wake of growing demand from medical and healthcare services. The industry is forecast to continue growing during the next five years as downstream markets expand and take advantage of industry services. Additionally, manufacturing and food-related industries will continue to regain steam and promote growth for GPOs. However, the industry will face escalating challenges as hospitals and other businesses increase pricing pressures.... purchase to read more
Industry Report - Industry Products Chapter
The industry earns most of its revenue from administrative and group fees, which provide customers with group purchasing services. Additionally, the industry earns some revenue from ancillary services (such as E-trading and data benchmarking) that are related to increasing supply chain efficiency but are not directly group purchasing services.
Supply chain services administrative fees
The vast majority of revenue in the Group Purchasing Organizations (GPOs) industry is generated from administrative fees. These fees, which are paid by the vendors and suppliers and not the end purchasers of the products, are estimated to account for 70.0% of total industry revenue... purchase to read more