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Procurement Market Intelligence Report

Medical Syringes Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Medical Syringes?

What is the average price of Medical Syringes?

This procurement report includes pricing information to help you purchase Medical Syringes. 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 Medical Syringes 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 Medical Syringes 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 Medical Syringes?

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 Medical Syringes 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 Medical Syringes?

ProcurementIQ estimates that there are 2,500 companies offering syringes in the United States. The syringe market exhibits a medium level of market share concentration with a few notable players like Becton, Dickinson and Company (BD) and Covidien, which is now part of Medtronic PLC, accounting for about 48.0% of the... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Regulation

How have changing regulations affected your operations?

How do changes in regulatory compliance affect your price? Will changes in regulation during the term of a contract affect pricing?

What measures are you implementing to address the looming 2.3% medical device excise tax?

How do you ensure that your customers are aware of changes in regulations?

Product Quality

What are your product recall statistics?

What have you done to improve your product safety and efficacy over the past three years?

How long have your products been on the market? Have there been any side effects or issues with your products?

What measures do you undertake to fight against counterfeit products?

Do you collaborate with any regulatory agencies, other suppliers or healthcare professionals to improve product quality and safeguard patient safety?

Supply Chain

How sensitive to key input price changes is your company?

Do you source raw materials from multiple sources? What products or components are sourced from overseas?

What measures do you take to ensure continual supply of raw materials? Are there any sole-sourced raw materials?

Have you faced problems with your supply chain in the past? How did you overcome these issues?

Do you have a supplier rating system to evaluate supplier quality and delivery performance? How frequently are ratings reviewed?

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Key elements for every RFP

What should my Medical Syringes RFP include?

Project Budget

If one exists, buyers should specify their budget for the desired syringes and related products and services.

Buyers should request detailed information about shipping and handling fees.

Buyers can reference the benchmark price and total cost of ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers will evaluate potential suppliers based on their ability to fulfill the product requirements outlined in the RFP.

Buyers will evaluate potential suppliers based on their ability to provide a superior level of customer service as evidenced by references.

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

Project Schedule

Buyers should outline the timeframe for the RFP.

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

Buyers should outline their desired contract and cancellation policy terms.

Evaluate major factors to mitigate risk

How risky is the Medical Syringes supply chain?

The supply chain for syringes exhibits a moderate level of risk, which hampers buyer power. Supply chain risk is primarily associated with upstream suppliers because syringe manufacturers have to source various inputs, such as plastics, glass, paper, metals and different biological and chemical products. As a result, syringe manufacturers typically... Subscribe to learn more.

HIGH

MEDIUM

LOW