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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 | Feb 2015

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 10-15
3.2%
Annual Growth 15-20
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Profit
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Employment
14,898
Businesses
825
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 Locations Chapter

Group Purchasing Organizations are largely distributed based on a region's percentage of the population because they provide services to such a wide-range of industries. However, the industry's distribution also follows the concentration of medical facilities and hospitals, as the healthcare sector represents the largest market for the industry. Proximity to key markets places GPOs in a strategic position to negotiate with large markets by offering in-person consultation and prompt product delivery.

Southeast

The Southeast region has the highest concentration of industry establishments, estimated at 27.1% of the industry total. This is roughly in-line with the region's 25.4% share of the national population... 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 analyzingSupply chain optimizing


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