According to GlobalData, NEUROSHIELD is one of 18 product lines sold in the US peripheral nerve repair market; these product lines are sold by 7 different manufacturers. The price of the NEUROSHIELD 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 Checkpoint Surgical 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.
Checkpoint Surgical overview
Checkpoint Surgical Inc (Checkpoint Surgical) is a medical device company that offers neuro-protective surgical devices. The company’s products include checkpoint stimulators and locators, checkpoint head and neck systems. Its checkpoint stimulators and locators provide biphasic stimulation waveform that allows for repeated stimulation of tissue without causing harm to tissue or diminished nerve response. Checkpoint Surgical’s checkpoint head and neck systems offer pre-programmed stimulation settings suited for thyroid, parotid and neck dissection procedures. The company’s neurodevices helps surgeons to locate and identify nerves and evaluate nerve and muscle excitability in surgical procedures. It also provides clinical validation services. The company provides its products under the brands Neuroshield and Checkpoint. Checkpoint Surgical is headquartered in Cleveland, Ohio, the US.
For a complete picture of NEUROSHIELD, Peripheral Nerve Repair pricing in the US, buy the report here.