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Surgical Textiles Procurement Category Market Research Report from IBISWorld Has Been Updated
Date:7/21/2014

Los Angeles, CA (PRWEB) July 21, 2014

Surgical textile buyers have a buyer power score of 3.3 out of 5, reflecting moderate to high buyer power when negotiating terms with vendors. A variety of businesses, including manufacturers, distributors and specialized and general retailers, sell this product. Market suppliers include 3M Company, Cardinal Health Inc. and Henry Schein Inc. The wide range of suppliers enables buyers to pit vendors against each other and negotiate the best price, especially for surgical textiles because these products are only moderately specialized compared with other medical items. Therefore, it is likely to find the same or equivalent products at several vendors. Furthermore, the volume of surgical textiles sold has increased and will continue to increase because of a rise in consumer spending and in the number of people with private health insurance. As volumes sold increase all over the United States, larger buyers will benefit from bulk buying because suppliers prefer to have large buyers as opposed to a multitude of small ones to simplify logistics and administration, says IBISWorld analyst Pierre Dessertenne. The larger the order, the lower the per-unit price.

Buying lead time often slows the purchasing process because medical supplies are often purchased under group purchasing organizations (GPOs) in conjunction with other medical supplies and other buyers. Smaller buyers, such as single end users or small clinics, can easily make purchases in small quantities of

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