According to GlobalData, GORE is one of 56 product lines sold in the US arteriotomy closure devices market; these product lines are sold by 21 different manufacturers. The price of the GORE 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 W. L. Gore & Associates 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.
W. L. Gore & Associates overview
W. L. Gore & Associates Inc (Gore) is a materials science company that serves diverse industries. Its product portfolio includes consumer products, cables, electronic components, fabrics, fibers, medical, pharmaceutical, sealing, and vents. The company develops products for medical implants; fabric laminates; and cable, filtration, membrane, venting, fiber technologies, and sealant for diverse industries through its proprietary technologies with the polymer polytetrafluoroethylene (PTFE). Gore caters to aerospace, automotive, chemical processing, computer, telecommunications, electronics, energy, environmental, industrial, manufacturing, military, and pharmaceutical, biotechnology, and textile markets. The company has manufacturing facilities in the US, China, Germany, the UK and Japan. Gore is headquartered in Newark, Delaware, the US.
For a complete picture of GORE, Arteriotomy Closure Devices pricing in the US, buy the report here.