MetaMedical™ Solutions Inc

price change in recent years

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 Hologic 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.

Hologic overview

Hologic Inc (Hologic) develops, manufactures, and supplies medical imaging systems, diagnostic products and surgical products. It offers products that aid the diagnosis of human diseases; breast imaging and related products and accessories; GYN surgical products, including endometrial ablation system and hysteroscopic tissue removal system; and skeletal health products such as dual-energy X-ray bone densitometry systems and mini C-arm imaging products. The company offers its solutions to surgeons, hospitals, clinical laboratories, and healthcare providers. Hologic offers its products and services through direct sales and a network of independent distributors and sales representatives. The company operates in Europe, the Americas, and Asia-Pacific. Hologic is headquartered in Marlborough, Massachusetts, the US.

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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.

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