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SpendEdge Releases Procurement Intelligence Report for the Global Laboratory Equipment Services Market

SpendEdge
Posted on: 18 Sep 17

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Laboratory Equipment Services Procurement Market Intelligence Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the pharma and healthcare industry. This report breaks down the data and analysis behind the procurement of laboratory equipment services and acts as an all-inclusive guide for making smart purchasing decisions.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170918005465/en/

Global Laboratory Equipment Services Procurement Research Report now available from SpendEdge. (Graphic: Business Wire)

Global players are engaging in consolidation to enhance production capabilities and develop innovative products to meet growing customization requirements of buyers,” says lead SpendEdge procurement analyst Angad Singh. “The laboratory equipment services market is highly competitive, which aids the customers to obtain the best services in terms of quality and pricing,” added Angad.

Key Report Features

Supply Market Insights     Negotiation Strategies
Procurement Best Practices     Category Risk Analysis
Cost Saving Opportunities     Key Supplier Analysis
Pricing Models     Supplier Capability Matrix
   

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SpendEdge sample reports are free of charge and provide insights that focus on cost-saving aspects of procurement and optimization of category spend.

Report Highlights

  • The global laboratory equipment market is projected to grow at a CAGR of 10.4% over the forecast period due to the increase in investments by global pharmaceutical companies to upgrade laboratory equipment and enhance technological capabilities.
  • Buyers prefer to engage with suppliers that provide one-stop solutions by bundling laboratory equipment, maintenance services, lab consumables, and supplies, as this allows them to negotiate better with regard to the pricing of products and services.
  • Buyers need to define expectations in SLAs to ensure that there are no manufacturing errors which can affect the quality of the final product.

This report is available at a discount for a limited time only: View the report snapshot

Laboratory Equipment Services Pricing Trends

Unit pricing and volume pricing are the two widely adopted pricing models in the global laboratory equipment services market. Industry defined markups, availability of advanced analytical instruments, and a high degree of transparency drive the consumers to adopt the unit pricing model, whereas the availability of discounts on bulk orders and ability to procure similar types of products encourage the adoption of the volume-based pricing model.

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170918005465/en/

Business Wire
www.businesswire.com

Last updated on: 18/09/2017

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