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NAICS Code 423450-17 Description (8-Digit)

Medical Alarms (Wholesale) is a subdivision of the NAICS Code 423450 that involves the wholesale distribution of medical alarms. Medical alarms are devices that are designed to alert healthcare providers or emergency services in the event of a medical emergency. These alarms are typically worn by patients and can be activated by pressing a button or through automatic detection of a medical emergency. Medical alarms are an important tool for individuals who require constant medical attention or who are at risk of experiencing a medical emergency. These alarms can provide peace of mind for patients and their families, as well as healthcare providers who are responsible for their care. The Medical Alarms (Wholesale) industry is responsible for the distribution of a wide range of medical alarms, including personal emergency response systems (PERS), fall detection systems, and medication reminders. These alarms are typically sold to healthcare providers, hospitals, and other medical facilities.

Hierarchy Navigation for NAICS Code 423450-17

Tools

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

  • Personal emergency response systems (PERS)
  • Fall detection systems
  • Medication reminders
  • Wireless transmitters
  • Emergency call buttons
  • Motion sensors
  • Voice-activated alarms
  • GPS tracking devices
  • In-home monitoring systems
  • Mobile medical alarms

Industry Examples of Medical Alarms (Wholesale)

Common products and services typical of NAICS Code 423450-17, illustrating the main business activities and contributions to the market.

  • Personal emergency response systems
  • Fall detection alarms
  • Medication reminder alarms
  • Wireless medical alarms
  • Voice-activated medical alarms
  • GPS tracking medical alarms
  • In-home monitoring medical alarms
  • Mobile medical alarms
  • Emergency call button alarms
  • Motion sensor medical alarms

Certifications, Compliance and Licenses for NAICS Code 423450-17 - Medical Alarms (Wholesale)

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

  • FDA Medical Device Establishment Registration: This certification is required for companies that manufacture, prepare, propagate, compound, or process medical devices intended for commercial distribution in the US. The registration is issued by the US Food and Drug Administration (FDA) and is mandatory for all medical device manufacturers.
  • ISO 13485: This certification is an international standard that specifies requirements for a quality management system for medical devices. It is designed to ensure that medical devices are safe and effective and meet regulatory requirements. The certification is issued by the International Organization for Standardization (ISO).
  • UL Listing: This certification is issued by Underwriters Laboratories (UL) and is required for medical alarms that are intended for use in the US. The certification ensures that the product has been tested and meets safety standards.
  • FCC Certification: This certification is required for all electronic devices that emit radio frequency energy. Medical alarms that use wireless technology must be FCC certified to ensure that they do not interfere with other electronic devices. The certification is issued by the Federal Communications Commission (FCC).
  • HIPAA Compliance: The Health Insurance Portability and Accountability Act (HIPAA) sets national standards for the protection of individuals' medical records and personal health information. Medical alarm companies that handle protected health information must be HIPAA compliant.

History

A concise historical narrative of NAICS Code 423450-17 covering global milestones and recent developments within the United States.

  • The Medical Alarms (Wholesale) industry has a relatively short history, with the first medical alert systems being developed in the 1970s. These early systems were simple and relied on a button worn around the neck or wrist that would trigger an alarm when pressed. Over time, the technology has improved, and medical alarms have become more sophisticated, with features like fall detection and GPS tracking. In recent years, the industry has seen increased competition, with new players entering the market and established companies expanding their offerings. In the United States, the industry has been driven by an aging population and a growing demand for home healthcare services.

Future Outlook for Medical Alarms (Wholesale)

The anticipated future trajectory of the NAICS 423450-17 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 Medical Alarms (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for medical alarms and the aging population. The advancements in technology have also led to the development of new and innovative medical alarms that are more efficient and effective. The increasing awareness about the importance of medical alarms in emergency situations is also expected to drive the growth of the industry. However, the industry may face challenges such as the high cost of medical alarms and the availability of substitutes. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423450-17

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

  • Fall Detection Medical Alarms: These alarms are designed to detect falls and automatically alert emergency services. They are equipped with sensors that can detect sudden movements and falls, and can also detect if the user is unconscious. This innovation has greatly improved the safety of seniors and individuals with disabilities.
  • GPS-Enabled Medical Alarms: These alarms are equipped with GPS technology that allows emergency services to locate the user in case of an emergency. They are particularly useful for individuals who are at risk of wandering or getting lost.
  • Smart Medical Alarms: These alarms are connected to a smartphone app that allows caregivers to monitor the user's health and well-being. They can track vital signs such as heart rate and blood pressure, and can also provide reminders for medication and appointments.
  • Voice-Activated Medical Alarms: These alarms are designed for individuals with mobility issues or disabilities that prevent them from using traditional medical alarms. They can be activated by voice commands and can also be programmed to call emergency services or caregivers.
  • Wearable Medical Alarms: These alarms are designed to be worn on the body and can detect falls, heart rate, and other vital signs. They are particularly useful for individuals who are at risk of falls or have medical conditions that require constant monitoring.

NAICS Code 423450-17 - Medical Alarms (Wholesale)

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