Bargaining Power of Suppliers

A significant number of suppliers of laser, liposuction, etc. equipment compete in the market space.

Rent-to-own, purchase, or lease – equipment is essential to the business. Many procedures can be performed in the office or in surgery centers.

Low

There are multiple major suppliers of professional-grade equipment for cellulite reduction and more than ten suppliers of laser equipment.

competitive rivalry is high as more board-certified plastic surgeons than would be expected are located in charlotte and are already established in practice in the service area. given the rule-of-thumb of one plastic surgeon for every 50,000–75,000 in population, charlotte exceeds the number of plastic sur- geons needed (and is considerably over the number when both board-certified and non-board-certified physicians with practices in this medical specialty are considered). in addition, most of the board-certified physicians in the area have practices that are long established (average: 19 years, 12 physicians have prac- ticed in charlotte for over 25 years, six physicians have been in the area for five years or less).

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