The market size of European medical implants and consumables (medical devices)
of this volume is supplied by only 30 international "BIG" US-dominated MedTech companies → highly concentrated supply side
European Hospitals represent a highly fragmented demand side, with millions of uncoordinated daily inter-hospital orders. However, 80-90% of the products and orders are always the same
There is a market failure in the procurement of medical goods. Hospitals - as clients and producers of “product health” - operate with low margins (the majority even at a loss), whereas the BIG MedTech suppliers have the highest profits worldwide – with up to 30-35% profit margins - compared to 8-10% for SMEs.
Improving procurement approaches to enable hospitals to lower costs while increasing quality
No. of Purchasing Projects / Hospital
How you can access our “best European prices” while increasing transparency & transforming your procurement processes into a connected & digitalized value supply chain
Big Data Analytics
AI & Machine Learning Data Processing
Ready for Block Chain-based Process Automation
EU GDPR standards by design
1. We have decades of exerience working in the European hospital purchasing since decades: this is our "home turf"
2. During the last two years, we have built the largest European hospital & healthcare purchasing ecosystem Ecosystem Partners
3. The industry is crying out for disruption. This means reorganizing the market, which has not changed for decades despite the "Internet Platform Economy"
Having observed extreme disparities in the procurement of medical supplies between hospitals across Europe and beyond, we want to share our knowledge, tech and ecoystem with a wider community.
We have transformed our successful 15-year independent procurement consulting business - which only enabled us to support a selected number of hospitals - into a digital platform which is available to all. By making information more widely available, together we can reshape the financial “health status” of European hospitals.