NAICS Code 423450-20 - Nursing Home Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423450-20 Description (8-Digit)

The Nursing Home Equipment & Supplies (Wholesale) industry involves the distribution of medical equipment and supplies specifically designed for nursing homes. These products are essential for the daily care of elderly patients and individuals with disabilities who require specialized care. The industry provides a range of products that are designed to improve the quality of life for patients and make the work of caregivers easier.

Hierarchy Navigation for NAICS Code 423450-20

Tools

Tools commonly used in the Nursing Home Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Patient lifts
  • Bedside commodes
  • Shower chairs
  • Transfer benches
  • Raised toilet seats
  • Bed rails
  • Overbed tables
  • Wheelchair ramps
  • Mobility scooters
  • Walking aids
  • Pressure relief mattresses
  • Incontinence products
  • Nutritional supplements
  • Wound care products
  • Disposable medical supplies
  • Oxygen concentrators
  • Nebulizers
  • Blood pressure monitors
  • Pulse oximeters
  • Thermometers

Industry Examples of Nursing Home Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423450-20, illustrating the main business activities and contributions to the market.

  • Patient lifts and slings
  • Shower chairs and benches
  • Incontinence products and supplies
  • Mobility scooters and accessories
  • Pressure relief mattresses and cushions
  • Nutritional supplements and feeding supplies
  • Wound care products and dressings
  • Disposable medical supplies and equipment
  • Oxygen concentrators and accessories
  • Nebulizers and respiratory supplies

Certifications, Compliance and Licenses for NAICS Code 423450-20 - Nursing Home Equipment & Supplies (Wholesale)

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

  • ISO 13485: This certification is specific to medical device manufacturers and suppliers and ensures that the company has a quality management system in place that meets regulatory requirements. It is provided by the International Organization for Standardization (ISO).
  • Good Distribution Practice (GDP): This certification ensures that the wholesale distributor maintains proper storage, transportation, and handling of medical products. It is provided by the World Health Organization (WHO).
  • Drug Enforcement Administration (DEA) Registration: This registration is required for wholesale distributors that handle controlled substances. It is provided by the DEA.
  • Food and Drug Administration (FDA) Registration: This registration is required for all facilities that manufacture, process, pack, or store food, drugs, and medical devices. It is provided by the FDA.
  • National Association Of Boards Of Pharmacy (NABP) Accreditation: This accreditation ensures that the wholesale distributor meets the highest standards of pharmacy practice and patient care. It is provided by the NABP.

History

A concise historical narrative of NAICS Code 423450-20 covering global milestones and recent developments within the United States.

  • The Nursing Home Equipment & Supplies (Wholesale) industry has a long history dating back to the early 20th century when the first nursing homes were established in the United States. The industry has since grown to become an essential part of the healthcare sector, providing a wide range of products and services to nursing homes and other long-term care facilities. Notable advancements in the industry include the development of specialized equipment and supplies such as mobility aids, patient lifts, and pressure relief mattresses. In recent years, the industry has also seen a shift towards more technologically advanced products such as electronic health records and telemedicine solutions. In the United States, the Nursing Home Equipment & Supplies (Wholesale) industry has experienced significant growth in the past decade, driven by an aging population and an increasing demand for long-term care services. The industry has also benefited from advances in medical technology, which have led to the development of new and innovative products. However, the industry has also faced challenges such as rising healthcare costs and increased competition from other healthcare providers. Despite these challenges, the industry is expected to continue growing in the coming years, driven by an increasing demand for long-term care services and a growing focus on patient-centered care.

Future Outlook for Nursing Home Equipment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423450-20 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The nursing home equipment and supplies wholesale industry in the USA is expected to grow in the coming years due to the increasing aging population and the rising demand for home healthcare services. The COVID-19 pandemic has also highlighted the importance of having adequate medical equipment and supplies in nursing homes, which is expected to further boost the demand for these products. However, the industry may face challenges such as increasing competition and pricing pressures from online retailers. To stay competitive, companies in this industry may need to focus on providing high-quality products, excellent customer service, and innovative solutions to meet the changing needs of their customers.

Industry Innovations for NAICS Code 423450-20

Recent groundbreaking advancements and milestones in the Nursing Home Equipment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Beds: These beds are equipped with sensors that can monitor the patient's vital signs, movements, and sleep patterns. This technology can help prevent falls, detect early signs of health problems, and improve the quality of care.
  • Telehealth Solutions: With the increasing demand for home healthcare services, telehealth solutions have become more important than ever. These solutions allow healthcare providers to remotely monitor and treat patients, reducing the need for in-person visits and improving access to care.
  • Mobile Medical Carts: These carts are equipped with medical devices and supplies, allowing healthcare providers to bring the care to the patient's bedside. This technology can improve efficiency, reduce the risk of errors, and enhance the patient experience.
  • Wearable Devices: These devices can monitor the patient's health and activity levels, providing valuable data to healthcare providers. This technology can help prevent health problems, detect early signs of disease, and improve the patient's overall health.
  • Automated Medication Dispensers: These devices can help prevent medication errors, improve medication adherence, and reduce the risk of adverse drug events. This technology can also save time for healthcare providers and improve the quality of care.

NAICS Code 423450-20 - Nursing Home Equipment & Supplies (Wholesale)

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