According to GlobalData, ACCURUN is one of 76 product lines sold in the US multiplex infectious disease tests market; these product lines are sold by 26 different manufacturers. The price of the ACCURUN 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 LGC 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.
LGC overview
LGC Ltd (LGC) is a life sciences measurement and testing company that offers genomics solutions and quality assurance services. The company offers GMP and RUO oligonucleotides, molecular biology reagents, NGS kits and enzymes, oligo synthesis reagents and instruments, PCR reagents and instruments and sample prep reagents and instruments among others. It also provides oligonucleotide, mRNA-based therapeutics to deliver solutions for nucleic acid therapeutics’ development. The company serves healthcare, food, beverage and environmental, animal breeders, seed producers and aquaculture, research institutes and universities and the government sector. It operates in Brazil, Bulgaria, Canada, China, Denmark, France, Germany, Hungary, India, Italy, the UK and the US. LGC is headquartered in Teddington, Middlesex, the UK.
For a complete picture of ACCURUN, Multiplex Infectious Disease Tests pricing in the US, buy the report here.
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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.
