Medical, Dental, and Hospital Equipment and Supplies Mechant Wholesales (NAICS)

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The actual industry in review is Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers. NAICS code 423450. SIC code 5047. This industry classification includes companies that are primarily engaged in the wholesale distribution of instruments, apparatus, and equipment to physicians, hospitals, and extended care facilities. Products of the industry include surgical instruments, prosthetics, pharmaceuticals, operating room equipment, internal imaging machines, and medical equipment and supplies used by hospitals and healthcare professionals. Wholesale distributors of industrial safety devices (e.g. first-aid kits and face masks) are also included in the industry. The U.S. Census Bureau reported 8,602 organizations …show more content…
The actual industry in review is Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers. NAICS code 423450. SIC code 5047. This industry classification includes companies that are primarily engaged in the wholesale distribution of instruments, apparatus, and equipment to physicians, hospitals, and extended care facilities. Products of the industry include surgical instruments, prosthetics, pharmaceuticals, operating room equipment, internal imaging machines, and medical equipment and supplies used by hospitals and healthcare professionals. Wholesale distributors of industrial safety devices (e.g. first-aid kits and face masks) are also included in the industry. The U.S. Census Bureau reported 8,602 organizations functioning as medical, dental, and hospital equipment and supply wholesalers.

Some of the industry leaders, based in the US, include Henry Schein, Owens & Minor, McKesson Medical-Surgical, Patterson Companies. Major international companies include DICIPA (Mexico), Amplifon (Italy), and EBOS Group (Australia).

Competitive Landscape

The medical supplies industry is intensely competitive, with distributors ranging from small private firms to multi-billion dollar conglomerates. Demand depends on the number of people receiving medical treatment. Individual companies vary in profitability which is directly correlated to merchandising and logistic capabilities. Larger companies have the competitive advantage due to having economies of scale in

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