2022 Federal Procurement Market Report
With a total spend of $8.2 billion in contracts to healthcare distributors and manufacturers in 2021, the federal government is a major purchaser of medical supplies. HIDA created its new Federal Procurement Market Report to give members critical insights on which departments and agencies spend the most on medical products and how much they spend. This one-of-a-kind report includes total spend by year and product category, share of awards given to small businesses, and diverse supplier opportunities.
The report shows:
- How the federal government classifies medical product purchases, and how much was spent in five key categories
- How the spend changed over the past three years
- Which agencies bought the most, how much they spent, and what share of their purchases went to small and diverse suppliers