Global Wearable Medical Devices Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Market Forecasts, Analysis 2020-2024 | SpendEdge

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Mar 22, 2021, 09:30 ET

NEW YORK, March 22, 2021 /PRNewswire/ -- The Wearable Medical Devices market will register an incremental spend of about USD 20.81 Billion, growing at a CAGR of 24.27% during the five-year forecast period. A targeted strategic approach to Wearable Medical Devices sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Download free sample report

Key Highlights Offered in the Report:

Wearable Medical Devices Market Procurement Research Report

Information on how to identify strategic and tactical negotiation levels that will help achieve the best prices.
Gain information on relevant pricing levels, detailed explanation on pros and cons of prevalent pricing models.
Methods to help engage with the right suppliers and discover KPIs to evaluate incumbent suppliers.

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Insights into buyer strategies and tactical negotiation levers:

Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for the Wearable Medical Devices market. The report also aids buyers with relevant Wearable Medical Devices pricing levels, pros, and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category management strategies and best practices to fulfill their category objectives.

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Key Drivers and Trends Fueling Market Growth:

The pressure from substitutes and a moderate level of threat from new entrants has resulted in the low bargaining power of suppliers.

Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects a change of 3.00%-4.00%.

Identify favorable opportunities in Wearable Medical Devices TCO (total cost of ownership).
Expected changes in price forecast and factors driving the current and future price changes.
Identify pricing models that offer the most rewarding opportunities.

Some of the top Wearable Medical Devices suppliers listed in this report:

This Wearable Medical Devices procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

Koninklijke Philips NV
Withings SA
Medtronic Plc
Alphabet Inc.
Fitbit Inc.
Drägerwerk AG & Co KGaA
Garmin Ltd.
OMRON Corp.
Fossil Group Inc.
Polar Electro Oy

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Table of Content

Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix

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