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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 | Aug 2014

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

IBISWorld’s Group Purchasing Organizations market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
MedAssets MedAssets market share
Novation Novation market share
Premier Premier market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 09-14
3.3%
Annual Growth 14-19
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Profit
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Employment
14,359
Businesses
815
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

 


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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