Global Healthcare Group Purchasing Organization (GPO) service Market Research Report 2024 (Status and Outlook)
Report Overview:
Healthcare Group Purchasing Organizations (GPOs) are entities that leverage the combined purchasing power of multiple healthcare facilities, such as hospitals, clinics, long-term care facilities, and physician practices, to negotiate contracts and agreements with suppliers, distributors, and manufacturers. GPOs act as intermediaries between healthcare providers and vendors, facilitating bulk purchasing, standardization of products, and competitive pricing to help healthcare organizations reduce costs and optimize their supply chain management.
The Healthcare Group Purchasing Organization (GPO) service market is witnessing significant trends. Data-driven optimization is enabling GPOs to leverage advanced analytics for better contract negotiations, demand forecasting, and inventory management, leading to substantial cost savings. Technological integration and digital transformation are streamlining procurement processes and enhancing decision-making through AI and cloud-based platforms. GPOs are focusing on cost containment and value-based purchasing, negotiating lower prices, and implementing value-based models to improve patient outcomes and reduce costs. Additionally, GPOs are expanding their service offerings and geographic reach, addressing diverse healthcare needs and exploring international markets. Provider turnover trends highlight the increasing hiring of Advanced Practice Providers (APPs) to adapt to healthcare delivery changes.
The global Healthcare Group Purchasing Organization Service market size is projected to reach US$ 6,614.84 Million by 2030 from US$ 4,014.82 million in 2023 at a CAGR of 7.31% during 2024-2030. The Healthcare Group Purchasing Organization (GPO) service market is driven by several key factors. Rising healthcare costs push hospitals to seek cost-saving measures, making GPOs vital for negotiating better contract terms and discounts through collective purchasing power. Technology integration and strategic sourcing enhance procurement efficiency and transparency, ensuring high-quality, innovative products for healthcare providers. Regulatory compliance and quality standards are crucial, with GPOs helping navigate complex regulations and ensuring reliable, compliant supply chains. Additionally, operational efficiency and resource optimization are major drivers, as GPOs streamline purchasing processes, reduce administrative burdens, and improve supply chain management, leading to economies of scale and better resource utilization. These drivers collectively enhance the financial and operational effectiveness of healthcare organizations.
This report provides a deep insight into the global Healthcare Group Purchasing Organization Service market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Healthcare Group Purchasing Organization Service Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Healthcare Group Purchasing Organization Service market in any manner.
Global Healthcare Group Purchasing Organization Service Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
McKesson
Premier
Vizient
Direct Supply, Inc.
HealthTrust (CoreTrust)
Managed Health Care Associates, Inc
Provista
CNECT
LBMC Procurement Solutions
Pandion Optimization Alliance
CommonWealth Purchasing Group
Omnia Partners
Foodbuy
Corcentric
Una
Planergy
National Purchasing Partners
Treya Partners
Others
Market Segmentation (by Type)
Horizontal GPOs
Vertical GPOs
Market Segmentation (by Application)
Medical Equipment
Pharmaceuticals
Food
Medical Service
Others
Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Healthcare Group Purchasing Organization Service Market
• Overview of the regional outlook of the Healthcare Group Purchasing Organization Service Market:
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Healthcare Group Purchasing Organization Service Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
