NAICS Code 423450-18 - Medical Electronics (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423450-18
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NAICS Code 423450-18 Description (8-Digit)

Medical Electronics (Wholesale) is a subdivision of the NAICS Code 423450 that involves the wholesale distribution of electronic equipment and devices used in the medical industry. This industry includes the distribution of medical electronic equipment such as patient monitoring systems, electrocardiographs, ultrasound machines, medical imaging equipment, and other electronic devices used in healthcare facilities. Medical Electronics (Wholesale) companies are responsible for sourcing, purchasing, and distributing these electronic devices to hospitals, clinics, and other healthcare facilities.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423450 page

Tools

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

  • Patient monitoring systems
  • Electrocardiographs
  • Ultrasound machines
  • Medical imaging equipment
  • Defibrillators
  • Blood glucose monitors
  • Pulse oximeters
  • Infusion pumps
  • Ventilators
  • Anesthesia machines
  • Endoscopy equipment
  • Surgical lasers
  • Radiology equipment
  • CT scanners
  • MRI machines
  • X-ray machines
  • Nuclear medicine equipment
  • PET scanners
  • Gamma cameras
  • Medical grade computers

Industry Examples of Medical Electronics (Wholesale)

Common products and services typical of NAICS Code 423450-18, illustrating the main business activities and contributions to the market.

  • Patient monitoring systems
  • Electrocardiographs
  • Ultrasound machines
  • Medical imaging equipment
  • Defibrillators
  • Blood glucose monitors
  • Pulse oximeters
  • Infusion pumps
  • Ventilators
  • Anesthesia machines

History

A concise historical narrative of NAICS Code 423450-18 covering global milestones and recent developments within the United States.

  • The "Medical Electronics (Wholesale)" industry has a long history of technological advancements and innovations. In the early 1900s, the first electrocardiogram (ECG) machine was invented, which revolutionized the diagnosis of heart diseases. In the 1950s, the first pacemaker was developed, which was a significant breakthrough in the treatment of heart diseases. In the 1970s, the first CT scanner was introduced, which allowed for non-invasive imaging of internal organs. In recent years, the industry has seen the development of wearable medical devices, such as smartwatches that can monitor heart rate and blood pressure. In the United States, the industry has seen significant growth in recent years due to the increasing demand for medical electronics in the healthcare sector. The adoption of electronic health records (EHRs) and telemedicine has also contributed to the growth of the industry. Overall, the "Medical Electronics (Wholesale)" industry has a rich history of technological advancements and innovations that have transformed the healthcare sector.