According to GlobalData, REVEAL MINI is one of 82 product lines sold in the US toxicology tests market; these product lines are sold by 31 different manufacturers. The price of the REVEAL MINI 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.

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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 American Screening 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.

American Screening overview

American Screening Corporation, a medical device manufacturer and distributor of drug testing and medical screening devices used in home and industry. The company is headquartered in Shreveport, Louisiana, the US.

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For a complete picture of REVEAL MINI, Toxicology Tests pricing in the US, buy the report here.