According to GlobalData, ON-X is one of 49 product lines sold in the US prosthetic heart valves market; these product lines are sold by 6 different manufacturers. The average selling price for ON-X increased in hospitals, health systems, and outside of hospital facilities in 2022. The price of the ON-X 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 CryoLife 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.
Artivion Inc (Artivion), formerly CryoLife Inc, is a medical device company that manufactures and distributes biosurgical devices and implantable human tissues for cardiac and vascular surgical procedures for the treatment of aortic disease. The company’s portfolio enlists preserved human cardiac allografts, vascular allografts, surgical adhesives and sealants, heart valves, bovine pericardium, and mitral chordal repair products, photofix products and Jotec products. The company products includes physicians, cardiac surgeons, hospitals, and medical institutions. The company has manufacturing facilities in Texas and Georgia in the US and Hechinger, Germany. The company distributes its products through a network of the direct sales force in the UK, Austria, France, Germany, Ireland, and Switzerland, and independent distributors in the rest of Europe, the Middle East, and Africa. It commercializes products in more than 85 countries worldwide. Artivion is headquartered in Atlanta, Georgia, the US.
For a complete picture of ON-X, Prosthetic Heart Valves pricing in the US, buy the report here.