According to GlobalData, TORFLEX is one of 147 product lines sold in the US introducer sheaths market; these product lines are sold by 25 different manufacturers. The average selling price for TORFLEX decreased in hospitals, decreased in health systems, and increased outside of hospital facilities in 2022. The price of the TORFLEX 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 Baylis Medical 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.
Baylis Medical overview
Baylis Medical Company Inc (BMC) is a medical device company that supplies technology cardiology, endovascular and oncology products. The company’s cardiology products include torflex transseptal guiding sheath, nykanen radiofrequency wire, protrack microcatheter, RF puncture system, NRG RF transseptal needle, and protrack pigtail wire. Its endovascular products include powerwire guidewires, lev-Or crossing catheters, RF puncture system, bone tumor pain management, OsteoCool RF ablation system, and clinica. BMC’s also offers clinical support services. It markets its products through a network of distributors in various countries including Australia, Belgium, Brazil, China, Denmark, Egypt, Germany, India, Japan, Malaysia, Mexico, the Netherlands, Poland, and the UK, among others. BMC is headquartered in Montreal, Quebec, Canada.
For a complete picture of TORFLEX, Introducer Sheaths pricing in the US, buy the report here.