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Group Purchasing Organizations - Industry Market Research Report

  • August 2016
  • 30 pages
  • Ibisworld
Report ID: 1156766

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Strength in numbers: Revenue will rise alongside corporate profit and downstream demand



Abstract

Group Purchasing Organizations

The Group Purchasing Organizations (GPOs) industry is composed of entities that leverage the purchasing power of groups of businesses to obtain collective discounts from vendors. During the past five years, demand for GPO services has increased as the improving economy stimulated demand for a variety of downstream industries, including the manufacturing and food service sectors. Additionally, the healthcare reform of 2010 has expanded in the healthcare sector. This growth has kept purchase levels high for healthcare providers, which has increased demand for GPO services. In the five years to 2021, the healthcare sector is expected to experience increased demand for its services, a higher level of regulation regarding reimbursement systems and tighter operating budgets. Consequently, healthcare providers will likely require a high level of industry services.


This industry includes organizations that leverage the purchasing power of groups of businesses to obtain collective discounts from vendors.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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