According to GlobalData, STREP A is one of 160 product lines sold in the US respiratory disease tests market; these product lines are sold by 75 different manufacturers. The average selling price for STREP A increased in hospitals, increased in health systems, and decreased outside of hospital facilities in 2022. The price of the STREP A 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 Medline Industries 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.
Medline Industries overview
Medline Industries LP (Medline) manufactures and distributes healthcare supplies. The company offers products under various categories, including gloves, textiles, durable medical equipment, skin care, protective apparel, gauze, packs and gowns, bathing systems, surgical trays, and advanced wound care. It serves various markets including integrated delivery network, surgery center, acute care, long-term care, life sciences, emergency medical services, home health, hospice, physician office, assisted living, managed care, laundry, and consumer products. The company markets the products directly and through a network of distribution centers in North America and across the world. Medline is headquartered in Northfield, Illinois, the US.
For a complete picture of STREP A, Respiratory Disease Tests pricing in the US, buy the report here.