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 highly fragmented demand side: with millions of uncoordinated daily inter-hospital orders. However, 80-90% of the products/orders are always the same
There is a market failure in the procurement of medical goods. The hospitals as clients and producers of the “product health” operate with low margins (the majority even at a loss) - the BIG MedTech suppliers have the highest profits worldwide – with up to 30-35% profit margins, SMEs – 8-10%.
Improving procurement approaches to enable hospitals lowering costs while increasing quality
No. of Purchasing Projects / Hospital
Your participation to access “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 are very familiar with European hospital purchasing since decades - this is our "home turf"
2. ... we have built the largest European hospital & healthcare purchasing ecosystem in the last two years Ecosystem Partners
3. ... all characteristics cry out for disruption. That results in reorganizing this market, which has not changed for decades despite the "Internet Platform Economy".
Having seen the extreme differences in procurement of medical supplies in hospitals across Europe and beyond the other paradoxes described in detail, across Europe when it comes to the purchase of medical goods, we have taken the decision to make our knowledge accessible to a broader community. Combination of tech and ecosystem builder.
Therefore we have transformed our successful 15 year industry independent procurement consulting approach where we could only support a selected number of hospitals throughout the year into a digital platform to ensure a broader access to that information in order to reshape our hospital‘s financial “health status” together.