Global Healthcare Group Purchasing Organization Service Market Growth (Status and Outlook) 2023-2029

Global Healthcare Group Purchasing Organization Service Market Growth (Status and Outlook) 2023-2029

The global Healthcare Group Purchasing Organization Service market size is projected to grow from US$ 891.2 million in 2022 to US$ 1813.8 million in 2029; it is expected to grow at a CAGR of 10.7% from 2023 to 2029.

The healthcare group purchasing organization (GPO) service market is expected to grow significantly in the coming years due to the increasing demand for cost-effective healthcare solutions. GPOs help healthcare providers to reduce costs by negotiating contracts with suppliers and manufacturers, thereby providing access to discounted prices for medical supplies, equipment, and pharmaceuticals.North America is the largest market for healthcare GPO services, followed by Europe and Asia Pacific. The concentration of the market is high, with a few major players dominating the industry. However, the market is highly competitive, with new players entering the market and existing players expanding their services.The major opportunities in the healthcare GPO service market include the increasing demand for cost-effective healthcare solutions, the growing number of healthcare facilities, and the increasing adoption of GPO services by small and medium-sized healthcare providers. However, the market also faces challenges such as the complex regulatory environment, the lack of transparency in pricing, and the increasing pressure to reduce healthcare costs.To overcome these challenges, healthcare GPO service providers are focusing on developing innovative solutions, expanding their services to new regions, and improving their pricing strategies. They are also collaborating with healthcare providers to understand their needs and provide customized solutions.Overall, the healthcare GPO service market is expected to grow significantly in the coming years, driven by the increasing demand for cost-effective healthcare solutions and the growing number of healthcare facilities. However, the market also faces challenges that need to be addressed to ensure sustainable growth.

LPI (LP Information)' newest research report, the “Healthcare Group Purchasing Organization Service Industry Forecast” looks at past sales and reviews total world Healthcare Group Purchasing Organization Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Healthcare Group Purchasing Organization Service sales for 2023 through 2029. With Healthcare Group Purchasing Organization Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Healthcare Group Purchasing Organization Service industry.

This Insight Report provides a comprehensive analysis of the global Healthcare Group Purchasing Organization Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Healthcare Group Purchasing Organization Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Healthcare Group Purchasing Organization Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Healthcare Group Purchasing Organization Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Healthcare Group Purchasing Organization Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Healthcare Group Purchasing Organization Service market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Horizontal GPOs
Vertical GPOs

Segmentation by application
Medical Equipment
Pharmaceuticals
Food
Medical Service

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HPS
Premier
OMNIA Partners
Procure Analytics (PA)
Corcentric
Una
Vizient
CenterPoint
LBMC Procurement Solutions
Pandion
Foodbuy
Planergy
CommonWealth Purchasing Group
CNECT
McKesson
DSSI
Essensa
Provista
Dining Alliance
Value First
Builders Buying Group
The Health Collaborative
MHA
HealthTrust
Treya Partners

Please note: The report will take approximately 2 business days to prepare and deliver.