Navigation Links
Cardiac Pacemakers Procurement Research Report Now Available from IBISWorld
Date:12/25/2013

Los Angeles, CA (PRWEB) December 25, 2013

On a scale of one to five, with a higher number indicating better negotiating conditions for buyers, cardiac pacemakers have a buyer power score of 3.3. This score reflects the fact that neither buyers nor suppliers command an overwhelming amount of power when negotiating supply arrangements. “Factors eroding buyer power include high demand, which is expected to continue rising over the next three years; high market share concentration, a medium level of product specialization and few substitutes,” says IBISWorld business research analyst Keiko Cadby. “Nonetheless, intense vendor competition and low switching costs give buyers a degree of leverage over suppliers.”

Increasing demand, fueled by demographic trends, support these rising prices. More than 85.0% of cardiac pacemakers are used by adults aged 65 and older, and an increasingly aging population will further add to demand. “High market share concentration allows the monopoly of a few manufacturers to set list prices, and the medium level of specialization and low level of substitutes for cardiac pacemakers makes it difficult for buyers to seek lower prices elsewhere,” says Cadby. The excise tax on medical devices further erodes manufacturers' motivation to lower prices, and pressure to remove and replace faulty products from the market is a disincentive for suppliers to reduce profit margins.

Despite rising prices, buyers can take advantage of intense supplier competition and low switching costs. A request for proposal with set maximum prices can elicit deeper discounts from competing manufacturers, distributors and wholesalers. Because cardiac pacemakers are small, low-weight items, buyers can make purchases from a variety of locations and vendor types regardless of distance. Group purchasing organizations are especially useful as a purchasing tool to increase buyer power by pooling member needs into larger volume purchases; however, they do not necessarily draw deeper discounts for individual buyers with large orders. If possible, buyers should combine purchase orders for cardiac pacemakers with other medical products also offered by the supplier. Major vendors include Boston Scientific Corporation, Medtronic Inc. and St. Jude Medical Inc. For more information, visit IBISWorld’s Cardiac Pacemakers procurement research report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld Procurement Report Key Topics

This report is intended to assist buyers of cardiac pacemakers. This definition does not include related products such as cardiac pacing leads, implantable cardioverter defibrillators and cardiac recorders. Cardiac pacemakers are small, battery-operated devices that track the heartbeat of a patient and correct the rhythm or beat of their heart when it is too fast or too slow. There are various types of cardiac pacemakers, including demand pacemakers, fixed-rate pacemakers and artificial cardiac pacemakers. Suppliers of cardiac pacemakers include manufacturers, distributors and wholesalers.
Executive Summary
Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast
Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Competitive Environment
Market Share Concentration
Vendor Financial Benchmarks
Switching Costs
Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements
Negotiation Questions
Buyer Power Factors
Key Statistics

About IBISWorld Inc.
IBISWorld is one of the world's leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/2013/12/prweb11446654.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. RI researchers validate tool for pain assessment in patients following cardiac surgery
2. Increased risk for cardiac ischemia in patients with PTSD
3. Families Grateful for At-work Access to Youth Cardiac, Concussion Screenings
4. Cardiologists and Cardiac Surgeons Perform First Trans-catheter Aortic Valve Replacement at Loma Linda University Medical Center
5. Mobile Health Apps & Solutions Market (Cardiac Monitoring, Diabetes Management Devices) Worth $20.7 Billion by 2018 - New Report by MarketsandMarkets
6. New study reports on the high cost of cardiac surgery healthcare associated infections
7. Study questions hypothermia treatment for cardiac arrest
8. Effect of lowering of body temperature for adults with cardiac arrest prior to hospital arrival
9. New Study Reports on the High Cost of Cardiac Surgery Healthcare Associated Infections
10. Northern California Medical Associates (NCMA) Welcomes Jaime Molden, M.D. Cardiac Electrophysiologist to the NCMA Cardiovascular Services Team
11. Hospitalized children more likely to die after cardiac arrest during night shift
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/20/2017)... ... June 20, 2017 , ... ... SweetLeaf® Stevia Sweetener, Michael P. May, Ph.D., recently accepted the distinguished Sun Corridor ... Program selected Wisdom Natural Brands (WNB), and 16 other businesses from Pima, Pinal, ...
(Date:6/20/2017)... ... June 20, 2017 , ... John D'Eri, CEO of ... Foundation Leader in Adult Autism Award during the Autism Society of America ... , The Daniel Jordan Fiddle Foundation (DJFF) was founded in 2002 as ...
(Date:6/20/2017)... , ... June 20, 2017 , ... The law firm ... on his installation as the president of the DuPage County Bar Association’s Board of ... Installation Dinner June 9 at the Drake in Oak Brook. Momkus McCluskey Roberts LLC ...
(Date:6/19/2017)... FL (PRWEB) , ... June 19, 2017 , ... ... of two brand new operating rooms this month. These additions will expand the ... ages in state-of-the-art facilities. One operating room will be solely dedicated to pediatric ...
(Date:6/19/2017)... ... June 19, 2017 , ... ... announces the general availability of several new and improved features to their ... United Way iGuide data in support of national campaigns. The latest release ...
Breaking Medicine News(10 mins):
(Date:6/9/2017)... AirXpanders, Inc. (ASX: AXP) (AirXpanders or Company), ... sale and distribution of the AeroForm® Tissue Expander System, ... commercial roll-out in the United States ... hundred (100) medical institutions and health systems, located throughout ... alternative for women who choose reconstructive surgery following a ...
(Date:6/8/2017)... , June 8, 2017   Responding to ... oversight and the death of singer Chris Cornell ... Human Rights International offers a free online ... educate consumers and families about psychotropic drug risks. ... , who died from an accidental overdose, has called for ...
(Date:6/7/2017)... -- Novavax, Inc., (Nasdaq: NVAX ) today announced that ... its RSV F protein recombinant nanoparticle vaccine candidate (RSV F ... in the journal Vaccine (the data ... conferences). The Company previously announced top line results ... RSV F Vaccine with the goal of protecting infants from ...
Breaking Medicine Technology: