According to GlobalData, NOVASIL is one of 46 product lines sold in the US peripheral thrombectomy devices market; these product lines are sold by 17 different manufacturers. The average selling price for NOVASIL increased in hospitals, health systems, and outside of hospital facilities in 2022. The price of the NOVASIL 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 LeMaitre Vascular 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.
LeMaitre Vascular overview
LeMaitre Vascular Inc (LeMaitre Vascular), provides medical devices and services for the treatment of peripheral vascular diseases. The company develops, manufactures, and markets disposable and implantable devices that vascular surgeons use in arteries and veins outside the heart in open vascular surgeries and minimally invasive procedures. Its product portfolio includes polycarbonate grafts, balloon catheters, carotid shunts, radiopaque tapes, powered phlebectomy devices, valvulotomes, remote endarterectomy devices, vascular grafts, patches, contrast injector, ePTFE grafts and closure systems. It also offers angioscopes and human tissue cryopreservation services. LeMaitre Vascular sells its products through direct sales force and subsidiaries in North America, Europe, Asia-Pacific and through distributors in other geographies. LeMaitre Vascular is headquartered in Burlington, Massachusetts, the US.
For a complete picture of NOVASIL, Peripheral Thrombectomy Devices pricing in the US, buy the report here.