Overview

IBISWorld’s Medical & Surgical Equipment Repair procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Medical & Surgical Equipment Repair to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Medical & Surgical Equipment Repair - Recent Price Trend

The price of medical and surgical equipment repair services has been increasing at an estimated annualized rate of 1.0% during the three years to 2017. Although demand is subject to various macroeconomic conditions, such as the number of physician visits and the population age, medical equipment repair services are largely considered nondiscretionary. Healthcare providers are willing to invest in...

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Medical & Surgical Equipment Repair - Total Cost of Ownership

There are no direct hidden costs associated with medical equipment repair services. Nevertheless, buyers should be aware of the indirect hidden costs potentially associated with repair services, which result in a moderate total cost of ownership (TCO). Although the cost of materials and general replacement parts is generally factored into the benchmark price, suppliers may charge buyers for the...

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About this Report

This report is intended to assist buyers of medical and surgical equipment repair, including the repair of various electronic, electromechanical and hydraulic equipment used in hospitals and healthcare providers’ offices. These services can include small equipment repair, instrument sharpening, sterilizer repair service, full restoration of medical equipment and preventive maintenance options. Many healthcare practitioners not only rely on medical devices for running tests and diagnosing patients, but also depend upon the accuracy of the readings. For these reasons, scheduled maintenance is required to ensure the functionality and effectiveness of medical equipment.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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