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Core Labs
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Competitive Intelligence

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With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai

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Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Abi will answer all Core Labs related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Core Labs to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Market Overview
  • Market Trends
  • Technology & Innovation Trends
  • Sourcing - Best Practices

Table of Contents

  1. Executive Summary
  2. Impact of COVID
  3. Executive Summary- Global Central Laboratories Snapshot
  1. Market Overview
  2. Market size and Growth forecast
  3. Drivers and Constraints
  4. Outsourcing Adoption Rates
  5. Porter’s Five Force Analysis
  6. Market Trends
  7. Technology & Innovation Trends
  8. Regional Overview-Australia
  1. Sourcing - Best Practices
  2. Cost Breakup and Cost Drivers
  3. Central Labs – Sourcing Scenarios
  1. Innovations and Sustainability
  2. Innovations
  3. Sustainability

Want a more detailed personalised report?

Core Labs Global Market Outlook:

Global Central Laboratory Services Market Size: Expected to grow at a CAGR of 7 percent from 2019 to 2024 In 2020E: $4.12 billion

Market Drivers
• Cost efficiency
• Technological Innovations
• Shift of clinical trials to emerging economies
• Regulatory and operational leading to increased outsourcing

Outsourcing Adoption rates

Engaging with a CRO is preferred, as they provide other related services as a value addition, when compared to a diagnostics laboratory service provider. Large Pharma and Bio-Pharma outsource100 percent of their central laboratory testing. However, mid-sized companies still carry out certain testing functions in-house.

Market Constraints
• Need to constantly innovate and acquire the latest technological and medical innovations
• Requirement of large capital investments to build and maintain central laboratory facility

Engagement Model
• The most preferred pharma engagement is based on preferred supplier (52 percent). However, the industry is facing a transformation, wherein more strategic partnerships are coming into practice.

Pricing Models
• Fee for service/volume-based fixed unit pricing: Pharma sponsors engaged in preferred pricing agreements and offer volume-based reduction schemes, based on overall global spend with the vendor.

Mergers and Acquisitions
• Mergers and acquisitions is done on a large scale to expand the core lab services provided.
• Pacific Biomarkers is merging with Neomed Labs to build a centre of excellence for clinical immunology and specialty biomarker testing services

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COVID-19: Assess impact on your suppliers and ensure business continuity with Beroe’s WIRE
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