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BtoB

Medical procurement pegged at $27B by 2004

Published on .

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By 2004, online b-to-b medical products procurement will reach $27.3 billion, according to health care market researcher Millennium Research Group. Today, Web-based procurement represents just 1% of the medical industry's overall spending. MRG forecasts the industry's Web-based purchasing will grow by more than 200% a year.

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