NAICS Code 423450-12 - Health Appliances (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423450-12 Description (8-Digit)

Health Appliances (Wholesale) is a subdivision of the NAICS Code 423450 that involves the wholesale distribution of various health appliances. These appliances are designed to improve the quality of life for individuals with various health conditions. Health appliances can range from simple devices like blood pressure monitors to more complex equipment like nebulizers and CPAP machines. The industry is responsible for the distribution of these appliances to various healthcare facilities, including hospitals, clinics, and nursing homes.

Hierarchy Navigation for NAICS Code 423450-12

Tools

Tools commonly used in the Health Appliances (Wholesale) industry for day-to-day tasks and operations.

  • Blood glucose monitors
  • Blood pressure monitors
  • Nebulizers
  • CPAP machines
  • Oxygen concentrators
  • Pulse oximeters
  • Thermometers
  • Stethoscopes
  • Sphygmomanometers
  • Electrocardiogram machines

Industry Examples of Health Appliances (Wholesale)

Common products and services typical of NAICS Code 423450-12, illustrating the main business activities and contributions to the market.

  • Nebulizer machines
  • Blood glucose monitors
  • Pulse oximeters
  • Oxygen concentrators
  • CPAP machines
  • Stethoscopes
  • Blood pressure monitors
  • Thermometers
  • Electrocardiogram machines
  • Sphygmomanometers

Certifications, Compliance and Licenses for NAICS Code 423450-12 - Health Appliances (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • FDA Registration: Health Appliances (Wholesale) must be registered with the US Food and Drug Administration (FDA) to ensure that the products they sell are safe and effective. The FDA regulates medical devices, including health appliances, to ensure that they meet safety and quality standards. The registration process involves submitting information about the company and its products to the FDA. The registration must be renewed annually.
  • ISO 13485: ISO 13485 is an international standard that specifies requirements for a quality management system for medical devices. Compliance with this standard is voluntary, but it can help Health Appliances (Wholesale) to demonstrate that they have implemented a quality management system that meets international standards. The standard covers all aspects of the product life cycle, from design and development to production, installation, and servicing.
  • Good Distribution Practice (GDP): GDP is a quality system for the distribution of medicinal products, including health appliances. It covers all aspects of the distribution process, from storage and transportation to documentation and record-keeping. Compliance with GDP can help Health Appliances (Wholesale) to ensure that their products are handled and transported in a way that maintains their quality and integrity.
  • National Association Of Wholesaler-Distributors (NAW) Certification: The NAW offers a certification program for wholesale distributors that covers a range of topics, including business strategy, financial management, and supply chain management. Certification can help Health Appliances (Wholesale) to demonstrate their expertise and commitment to best practices in the industry.
  • National Association Of Chemical Distributors (NACD) Responsible Distribution: The NACD offers a certification program for chemical distributors that covers environmental, health, safety, and security issues. While Health Appliances (Wholesale) may not deal with chemicals directly, they may handle products that contain chemicals, such as cleaning agents or disinfectants. Compliance with the Responsible Distribution program can help Health Appliances (Wholesale) to ensure that they are handling these products safely and responsibly.

History

A concise historical narrative of NAICS Code 423450-12 covering global milestones and recent developments within the United States.

  • The Health Appliances (Wholesale) industry has a long history of providing medical equipment and supplies to healthcare providers and businesses. The industry has seen significant advancements in technology, such as the development of portable medical devices and the integration of wireless technology into medical equipment. In recent years, the industry has also seen an increase in demand for home healthcare products, such as mobility aids and respiratory equipment. In the United States, the industry has been impacted by changes in healthcare policy, such as the Affordable Care Act, which has led to increased demand for medical equipment and supplies. Additionally, the COVID-19 pandemic has led to a surge in demand for personal protective equipment and other medical supplies.

Future Outlook for Health Appliances (Wholesale)

The anticipated future trajectory of the NAICS 423450-12 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Health Appliances (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for health appliances, such as blood pressure monitors, glucose meters, and nebulizers, among others. The aging population and the rising prevalence of chronic diseases are the major drivers of the industry's growth. Additionally, the COVID-19 pandemic has increased the demand for health appliances, such as thermometers and pulse oximeters, which are used to monitor symptoms. The industry is also expected to benefit from the increasing adoption of telemedicine, which requires patients to have health appliances at home to monitor their health. However, the industry may face challenges due to the increasing competition and the availability of low-cost alternatives from overseas.

Industry Innovations for NAICS Code 423450-12

Recent groundbreaking advancements and milestones in the Health Appliances (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Inhalers: These are inhalers that are connected to a mobile app and can track the usage of the inhaler and provide reminders to the patient. They can also provide real-time feedback on the inhalation technique and help patients manage their asthma or COPD better.
  • Wearable Health Monitors: These are devices that can be worn on the body and can track various health parameters, such as heart rate, blood pressure, and sleep quality. They can provide real-time feedback to the user and help them manage their health better.
  • Portable Oxygen Concentrators: These are devices that can be used to provide oxygen therapy to patients with respiratory diseases. They are lightweight and portable, which makes them convenient for patients who need to travel.
  • Wireless Blood Pressure Monitors: These are blood pressure monitors that can be connected to a mobile app and can track the user's blood pressure over time. They can provide real-time feedback to the user and help them manage their blood pressure better.
  • Smart Glucose Meters: These are glucose meters that are connected to a mobile app and can track the user's blood glucose levels over time. They can provide real-time feedback to the user and help them manage their diabetes better.

NAICS Code 423450-12 - Health Appliances (Wholesale)

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