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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 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
$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 Analysis Chapter

The Group Purchasing Organizations industry expanded during the past five years as the economy and downstream industries recovered. In the five years to 2013, industry revenue grew at an average annual rate of 1.6% to $4.2 billion. Group purchasing organizations (GPOs) serve the healthcare, foodservice, manufacturing and legal industries, but the healthcare and medical industries most affect industry demand. Industry revenue grew slowly due to the recovering economic environment, but faced pricing pressures and other setbacks throughout the period. As the demand for medical and healthcare services increased during the past five years, the demand for GPOs to purchase medical equipment and supplies also rose... 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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