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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

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
$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 Investment Chapter

The Group Purchasing Organizations (GPOs) industry has a moderate level of capital intensity, measured as the ratio of capital costs to wage costs. For every dollar spent wages, about $0.26 is spent on wages. Due to the nature of the industry, GPOs are not required to purchase any significant capital investments. However, larger GPOs that are expanding into online services and data analysis make more capital investments in computer hardware and software. Additionally, labor is not a huge expense for the industry, adding to the industry's overall level of capital intensity... 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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