Undoubtedly, healthcare is one of the world’s largest markets, with annual spend in the trillions of dollars. Even before the COVID-19 pandemic, planned investment into the sector had been increased significantly as countries tackled changing demographics and embraced the benefits of technology in the prevention and treatment of illness.

NHS procurement spend is over £27 billion each year, making it one of the highest-spending areas of the public sector. In fact, in January alone, healthcare contract notices with a stated value totalled over £4.2 billion – and with nearly two thirds of these notices recording a value of £500,000 or less, there are plenty of opportunities available for large corporations and SMEs alike.

With the health sector requiring an astonishingly diverse range of medical and non-medical goods, works and services, BiP Solutions is set to launch Health Contracts International (HCI), a health focused business intelligence solution, to meet the needs of suppliers to this market.

The purpose of HCI is to be the definitive source of UK and global healthcare contracts and opportunity insight. The first of BiP’s new generation of Business Intelligence services, HCI is the only BI solution dedicated to the global healthcare market and will enable you and your organisation to:

• Access the most comprehensive contract notice and award data for public sector healthcare contracts, with more than 3,000 sources reviewed daily
• Gain detailed health spend insights, including customer and competitor activity and tendering cycles, using data from thousands of individual buyers
• Create a personalised experience, using machine learning and interactive dashboard to serve up the intelligence that’s more important to you – the more you use it, the better it gets

HCI will be launching soon. Register your interest here