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Procurement Market Intelligence Report

Catheters Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Catheters?

What is the average price of Catheters?

This procurement report includes pricing information to help you purchase Catheters. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Catheters been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Catheters yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Catheters?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Catheters with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Catheters?

ProcurementIQ estimates there are about 10,000 suppliers of catheters in the United States, including manufacturers and wholesalers. The catheter market exhibits a low level of market share concentration, with the top four players accounting for less than 20.0% of the market. Due to their large sales volumes and size, catheter... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Input Costs

How have fluctuations in plastic material prices affected your company's revenue and profit? How has this translated to the prices buyers pay?

What measures do you have in place to hedge against fluctuations in your production costs?

How have you maintained your relationships with important upstream suppliers?

Do you offshore your production overseas? If so, which countries do you offshore your production activities to?

Competition

Have you taken up direct distribution activities for your catheter products?

What sort of bundled offerings can buyers take advantage of?

How do you maintain quality with expansive product lines?

Given the low market share concentration, do you differentiate through your brand or through other means?

What steps have you taken to acquire other vendors or increase your economies of scale? How can buyers benefit from this?

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Key elements for every RFP

What should my Catheters RFP include?

Project Budget

Buyers should state the contract amount for catheters and related products.

Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers should consider the catheters’ quality of performance.

Buyers should evaluate the level of customer support that a supplier is willing to provide in the case of problems that may arise with orders.

Buyers should consider the breadth of the product lines available, both for catheters and related products.

Buyers should assess the level of R&D efforts that a supplier invests in to improve its product offerings.

For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should outline the timeline of all important RFP dates.

Buyers should include the date when proposals are due and when the award will be announced.

Buyers should dictate payment schedule and delivery dates for products.

Evaluate major factors to mitigate risk

How risky is the Catheters supply chain?

The supply chain for catheters carries a moderate level of risk, which has mixed implications for buyers. Vendors in this market rely on inputs from a variety of upstream manufacturers that supply goods such as rubber, plastic, tubing coils and other required medical supplies. Despite moderate supply chain risk, buyers... Subscribe to learn more.

HIGH

MEDIUM

LOW