The Procurement Beige Book

Recession Fears Impact Resins Market

The global market has faced a slowdown in the last 2–3 months; and due to higher food and energy inflation, most economists believe the world is entering a recession. Given this advisory, we will look at some points related to how recession has affected the resins market in the past and how the predicted upcoming recession could impact the current resins market.

Volume-based Procurement in Medtech

The Chinese MedTech market has been growing at a rapid pace over the past decade, driven by strong underlying demand, healthcare infrastructure buildup, and supply-side innovations. The objective of volume-based procurement is to provide uniform pricing throughout the nation, increase technological advancements and innovation in China, focus on high-performing medical devices and affordable medical devices for patients, and lower healthcare costs for the government.

Small Molecule API Market in China

After the China–U.S. trade war and the COVID-19 pandemic, India, Europe, and the U.S. are taking measures to reduce their reliance on China.