Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Medical Syringes procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during 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 Syringes - Recent Price Trend

The recent price trend for syringes has been mostly favorable for buyers given that the average price has been trending downward at an estimated annualized rate of 0.3% in the three years to 2017. Despite surging demand for medical supplies, such as syringes, falling input costs have contributed to a decline in syringe prices.Demand for syringes is relatively stable because, for many buyers, they...

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Medical Syringes - Total Cost of Ownership

When purchasing syringes, buyers should take into consideration several additional costs that result in the moderate total cost of ownership (TCO). While some syringes come complete with accompanying needles and ready for immediate use, other syringes require buyers to purchase additional needles to administer drugs or draw blood throughout the useful life of the syringe. However, because needles...

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About this Report

This report is intended to assist buyers of disposable syringes used for medical purposes. This report does not include syringes used for nonmedical purposes, such as cooking. There are different types of medical syringes, including hypodermic syringes, medical bulb syringes, blood collection syringes and fountain syringes, available. This report also includes prefilled syringes, which are disposable syringes prefilled with unit dose medication. Although there are many different syringe designs, virtually all of them have the same features, including a barrel, plunger, needle and cap. Because syringes come in direct contact with patients’ bodies, they must be made from biocompatible materials.  

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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