Pharmaceutical Excipients and Medical Transcription Services – New Procurement Research Reports Now Available From SpendEdge

LONDON–(BUSINESS WIRE)–#medicalSpendEdge,
a global procurement intelligence advisory firm, has launched two
procurement research reports on the pharma
and healthcare
category. To help clients understand the current
supply landscape of the pharma and healthcare sector, analysts have
covered reports such as ‘Pharmaceutical
Excipients Procurement Research Report’
, and ‘Medical
Transcription Services Procurement Research Report’
.


Global Pharmaceutical Excipients Category – Procurement Market
Intelligence Report:

The growth of the global pharmaceutical excipients market can be
attributed to the increase in aging population base and high occurrences
of chronic diseases. Also, the high demand from end-user segments
including clinical research organizations and the finished medicine
manufacturers is expected to drive the growth of the pharmaceutical
excipients market over the forecast period. Adoption of nanotechnology
and improved chromatography techniques helps in enhancing the
capabilities of excipients produced. Moreover, the rise in the use of
excipients for identifying counterfeit medicines has also contributed to
the global demand.

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a free sample report

Pharmaceutical Excipients – Procurement Challenges:

  • The high switching costs.
  • The challenges in assess suppliers’ control over the quality of
    concomitant components in excipients.

To overcome the above-mentioned procurement challenges, the buyers in
the global pharmaceutical excipients market should engage with suppliers
after assessing their control over physical characteristics, quality,
and quantity of these concomitant components, as this helps them in
ensuring the consistency of excipient characteristics used in the
formulation process of medicines. They should also adopt the practice of
analyzing the sustainability of suppliers during the selection process
to ensure continuity of supply.

This report is available at a discount for a limited time only: View
the report snapshot before purchasing

Global Medical Transcription Services Category – Procurement Market
Intelligence Report:

The growth of the global medical transcription services market can be
attributed to the rise in demand and adoption of cloud-based medical
transcription services. Also, the use of advanced software technology
will help healthcare organizations enhance their operational efficiency
and maintain medical information in an organized format. The use of
cloud platforms offers various benefits to the buyers which include a
reduction in the infrastructural costs, and scalability as cloud storage
does not have a fixed data storage size.

Looking for more insights from this report? Request
a free sample report

Medical Transcription Services – Procurement Challenges:

  • The lack of transparency regarding the end transcriber for a report.
  • The issues related to data security.

To overcome the above-mentioned procurement challenges, the buyers in
the medical transcription services market should adopt the practice of
including a clause in the SLA regarding sub-contracting terms. The
buyers prefer collaborating with service providers that engage with
third-party IT providers that can help improve the data security for
healthcare providers while procuring medical transcription services.
Moreover, IT service providers such as Siemens and Intel provide
advanced encryption standards for healthcare applications. Hence the
buyers need to look for service providers that have collaborated with
these IT service providers.

This report is available at a discount for a limited time only: View
the report snapshot before purchasing

To view our complete portfolio of pharma and healthcare procurement
research reports, visit
: https://www.spendedge.com/store/industries/pharma-healthcare

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement intelligence partner for
Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.

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Shilpa Balakrishnan
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