Antihypertensive Drugs Procurement Category Market Research Report Now Available from IBISWorld
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Antihypertensive drugs have a buyer power score 2.3 out of 5, reflecting this market's currently negative pricing trends and indicating a relatively moderate level of buyer negotiating power. In the past three years, prices of antihypertensive drugs have increased due to rising demand for hypertension treatment products, as well as regulatory compliance costs and stiff competition from generics. Rising research and development (R&D) expenditure and wages, on top of rising prices of raw materials such as chemicals and allied products, have expanded production costs, thus pushing up the prices of antihypertensive drugs, says IBISWorld analyst
Major suppliers in the market include
The wide acceptance and adoption of antihypertensives benefits buyers, contributing to steady demand. Moreover, most suppliers focus on existing contracts rather than reaching out to new markets, further increasing buyer power as suppliers seek to retain their existing contracts. However, the low availability of substitutes and a moderate level of product specialization strain buyers' negotiating power. For more information, visit
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IBISWorld Procurement Report Key Topics
This report is intended to assist buyers of antihypertensive drugs, which are medicines used to prevent the complications of high blood pressure, such as stroke and myocardial infarction. There are many classes of antihypertensive drugs that help lower blood pressures by different means. Among the most widely used are thiazide diuretics, ACE inhibitors, calcium channel blockers, beta blockers and angiotensin II receptor antagonists (ARBs).
Executive Summary
Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply
Competitive Environment
Market Share Concentration
Market Profitability
Switching Costs
Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements
Negotiation Questions
Buyer Power Factors
Key Statistics
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