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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 - 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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