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A pattern is developing: hospital buyers on the OpenMarkets Exchange are putting in an increasing amount of requests for lab equipment.

With over 50 suppliers clamoring for market share, lab equipment is one of the most fragmented categories of purchasing. This competitive dynamic is most acute in Q3, as prices for analyzers, centrifuges, and general lab equipment are 2-4% less during July, August & September than at other times of the year. Right now is the right time to buy this equipment!

And OpenMarkets is the right place for providers and suppliers to connect, with the ability to research over 750 Lab Equipment products on The Exchange. Providers can get information such as technical specs, pictures, and concise descriptions of the products, all online. Providers can also access the secondary market for lab equipment on The Exchange, which can save 50% or more on any transaction. 

Supply Chain teams can use The Exchange as a way to stay organized and work collaboratively with their Lab teams. Hendrick Health System in Abilene, TX teamed up with VWR to buy an ultra-low temp chest freezer. The supply chain team was empowered by the hospital’s Lab Director to find the best value, and consequently received multiple competitive quotes after submitting the request on OpenMarkets.

Take a look at some of the Lab Equipment categories offered on OpenMarkets:

Category # of Suppliers # of Products
Biohazard Cabinets 17 50
Incubators 15 93
Slide Stainers 12 35
Thermometers 11 180

Providers can connect with Lab Equipment suppliers such as:

MarketLab – Manufacturer and distributer of unique and hard to find laboratory and general healthcare products 

NuAire – Manufacturer of Biosafety cabinets, Laminar Airflow Workstations, CO2 Incubators, Centrifuges, Ultralow Freezers, and more

Roche – The world’s largest biotech company and a pioneer in diagnostic equipment

VWR – The leading global, independent provider of product and service solutions to laboratory and production customers

Allison Farley

Allison is a member of the marketing team at OpenMarkets, with responsibilities including content generation, client communication and message testing. She is a also a... More about Allison Farley