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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

IBISWorld’s Group Purchasing Organizations market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Starting a New Business Chapter

Barriers to Entry in the Group Purchasing Organizations (GPOs) industry are moderate and increasing. The amount of capital required is minimal; GPOs assets generally only consist of general purpose office buildings, computer equipment, trained personnel and a website. However, the relationships that GPOs have established with vendors and members provide a significant barrier to new entrants. The largest GPOs have purchasing volumes that reach nearly $50.0 billion, a value that few new entrants will have at their disposal. Consequently, many new entrants will contract out a substantial amount of their supply chain services to larger, more established GPOs... 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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