According to GlobalData, SAVVYGEN is one of 160 product lines sold in the US respiratory disease tests market; these product lines are sold by 75 different manufacturers. The price of the SAVVYGEN 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.

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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 Savyon Diagnostics 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.

Savyon Diagnostics overview

Savyon Diagnostics Ltd (Savyon) is a diagnostic kit manufacturing company that develops and markets diagnostics kits and systems. The company’s products include ELISA products, DNA and RNA microarrays, immunofluorescence and rapid tests. It provides contract manufacturing services and analytical services. Savyon’s products are used for the detection of infectious diseases and genetic screening including gastrointestinal pathogens, genetic carriers screening, respiratory tract infections, urinary tract infections, sexually transmitted diseases and women’s health, among others. Savyon offers support sales to research establishments, medical laboratories and clinicians. The company distributes its products across Asia Pacific, Europe, Latin America, North America and the Middle East and Africa. Savyon is headquartered in Ashdod, Israel.

For a complete picture of SAVVYGEN, Respiratory Disease Tests pricing in the US, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.