State and local government agencies saw the number of bids and RFPs for improved medical equipment grow 21 percent in 2016, more than any other contracting area, fueled by high health care costs and an aging boomer population.
According to the “10 Hotspots in Government Contracting for 2017” report released Thursday by Seattle-based business commercial intelligence company Onvia, medical equipment bids and requests for proposal increased from 1,491 in 2015 to 1,798 last year.
The medical equipment industry is worth $484 billion worldwide, and demand for new devices at public hospitals and health centers in the U.S. is meant to boost efficiency and prevention as patients capitalize on expanded access to insurance.
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