According to GlobalData, TEARAWAY 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 TEARAWAY increased in hospitals, decreased in health systems, and increased outside of hospital facilities in 2022. The price of the TEARAWAY 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 B. Braun Melsungen 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.
B. Braun Melsungen overview
B. Braun Melsungen AG (B. Braun), a subsidiary of B. Braun SE, develops, manufactures, and distributes medical technology and pharmaceutical products, and provides medical services. The company’s major products include solutions and consumables for infusion, disinfection products, infusion pumps and systems, nutrition and pain therapy, suture materials, hip and knee implants, surgical instruments, dialysis equipment, and accessories, ostomy care and wound care products. B. Braun provides products and systems in the fields of anesthesia, extracorporeal blood treatment, intensive care, cardiology, and surgery. It also offers services for clinics, physician practices, and the home care segment. The company sells products in Europe, the Americas, Asia-Pacific, Africa, and the Middle East. B. Braun is headquartered in Melsungen, Germany.
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By GlobalDataFor a complete picture of TEARAWAY, Introducer Sheaths pricing in the US, buy the report here.