According to GlobalData, CUE is one of 108 product lines sold in the US covid-19 tests market; these product lines are sold by 60 different manufacturers. The price of the CUE 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 Cue Health 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.
Cue Health overview
Cue Health Inc (Cue Health) operates as a healthcare technology company that strives to design, develop, manufacture and commercialize medical diagnostic products for use in home and clinical settings. The company’s products includecue reader, covid-19 test, mpox (monkeypox) test, cue test kits, medications, cue care, cue+ membership, food sensitivity panel, cue reader, cardiac risk Apo A+B test reader, liver panel reader, colon cancer screening reader, women’s sexual health panel kit, men sexual health panel kit, herpes panel, women’s health panel, women’s fertility panel among others. Its product finds application in the detection, diagnosis and management of women’s health, infectious diseases, cardiovascular health, wellness, and other diseases. Cue Health is headquartered in San Diego, California, the US.
For a complete picture of CUE, COVID-19 Tests pricing in the US, buy the report here.