According to GlobalData, CANTATA is one of 67 product lines sold in the US cardiac catheters market; these product lines are sold by 17 different manufacturers. The average selling price for CANTATA increased in hospitals, increased in health systems, and decreased outside of hospital facilities in 2022. The price of the CANTATA device can be viewed in GlobalData’s micro pricing report and can be retrieved according to purchase date, facility type, bed size, and geographical region. Buy the report here.
The selling price or list price of a medical device is driven by numerous factors, such as therapy area and complexity of procedure, level of reimbursement, development costs, the number of competing manufacturers, product life cycle, and whether there have been any recent new technology or product launches.
In addition, the final selling pricing of medical devices is also impacted by the discounting policy of the manufacturer. Companies such as Cook Group apply discounts for their devices based on their internal business strategy, inventory control, and monthly or quarterly sales targets. In addition, sale location can also affect the final selling price of a device, both in terms of geographical region and facility type. Prices for the same medical device often vary in hospitals and health systems versus outside of hospital facilities, for example if high volume healthcare institutions can negotiate discounts or rebates based on large purchase sizes.
Cook Group overview
Cook Group Inc (Cook Group) is a medical device company that research and develops healthcare devices in minimally invasive medical device technology for diagnostic and therapeutic procedures. The company provides products such as catheters, airway accessories, introducers, needles, stents, catheters, dilators, ligators, incubators, and others. It offers products such as hernia repair devices, blood flow monitoring devices, adapters, retractors, and others. Cook Group provides products which are used in the therapeutic areas of interventional radiology, interventional cardiology, vascular medicine, critical care, urology and neuroradiology, among others. The company operates in the US. Cook Group is headquartered in Bloomington, Indiana, the US.
For a complete picture of CANTATA, Cardiac Catheters pricing in the US, buy the report here.