According to GlobalData, CELT ACD is one of 56 product lines sold in the US arteriotomy closure devices market; these product lines are sold by 21 different manufacturers. The average selling price for CELT ACD increased in hospitals, decreased in health systems, and decreased outside of hospital facilities in 2022. The price of the CELT ACD 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 Vasorum 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.
Vasorum overview
Vasorum Ltd (Vasorum) operates as a medical device company that develops and markets vascular closure devices. The company’s products comprise celt ACD and altaseal. Its celt ACD is an arterial puncture closure device, which closes puncture site after percutaneous catheter-based vascular procedures. Vasorum altaSeal is a medical grade stainless steel implant which offers immediate occlusion of the fallopian tubes. The company’s products are used in catheter-based vascular procedures such as angiography, angioplasty and placement of a stent. It serves clients in interventional cardiology and radiology markets. The company markets its products in Ireland and the US. Vasorum is headquartered in Dublin, Ireland.
For a complete picture of CELT ACD, Arteriotomy Closure Devices 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.
